Delegation of learning from multiple sources of information

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.

Authors

Publication Details

Journal
European Economic Review
Published
2025-02-07
DOI
https://doi.org/10.1016/j.euroecorev.2025.104981
Primary Topic
Media Influence and Politics
Type
article
Field-Weighted Citation Impact
0.00
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article

Delegation of learning from multiple sources of information

Arina Nikandrova, Angelos Diamantopoulos
European Economic Review
Media Influence and Politics
article

Delegation of learning from multiple sources of information

Arina Nikandrova, Angelos Diamantopoulos
article en

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.

European Economic ReviewVol. 173
Openalex Percentile: Top 97%
Media Influence and Politics
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Delegation of learning from multiple sources of information — Arina Nikandrova, Angelos Diamantopoulos · European Economic Review (2025) | TGRS Research Map | TGRS