Work

Delegation of learning from multiple sources of information

Year: 2025

Type: article

Abstract: A principal delegates a decision to a biased expert. Before taking the decision, the expert may undertake incremental learning about the unknown binary state from two alternative information sources . There are no transfers but the principal retains the right to terminate the expert’s learning to take the decision herself. The right to terminate learning benefits the principal when the preferences of the principal and the expert are sufficiently misaligned but may be detrimental when the preferences are sufficiently closely aligned.

Source: European Economic Review

DOI: 10.1016/j.euroecorev.2025.104981

Authors: Angelos Diamantopoulos, Arina Nikandrova

Institutions: SOAS University of London, City St George's, University of London

Language: English

Topic: Game Theory and Applications

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,690

OpenAlex ID: W4407240608

FWCI:

Cites: 13

Cited by:

Related to: 10