Less is more : the search for expert advice

• Main Authors: Dom, Vichet, Lee, Su Ann, Nguyen, Thi Minh Hue
• Other Authors: Au Pak Hung
• Format: Final Year Project
• Language: English
• Published: 2016
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/66511
• Institution: Nanyang Technological University

This paper considers a credence goods market in which each expert carries out a conditionally independent test before providing a recommendation to the customer. For instance, a patient with medical needs can consult multiple doctors, each providing a recommendation after a running a medical test. B...