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Expert Failure
Contributor(s): Koppl, Roger (Author)
ISBN: 1316503046     ISBN-13: 9781316503041
Publisher: Cambridge University Press
OUR PRICE:   $28.49  
Product Type: Paperback - Other Formats
Published: March 2018
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Decision Making & Problem Solving
- Philosophy | Epistemology
Dewey: 001
LCCN: 2017042364
Series: Cambridge Studies in Economics, Choice, and Society
Physical Information: 0.71" H x 6.18" W x 9.01" (0.90 lbs) 290 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The humble idea that experts are ordinary human beings leads to surprising conclusions about how to get the best possible expert advice. All too often, experts have monopoly power because of licensing restrictions or because they are government bureaucrats protected from both competition and the consequences of their decisions. This book argues that, in the market for expert opinion, we need real competition in which rival experts may have different opinions and new experts are free to enter. But the idea of breaking up expert monopolies has far-reaching implications for public administration, forensic science, research science, economics, America's military-industrial complex, and all domains of expert knowledge. Roger Koppl develops a theory of experts and expert failure, and uses a wide range of examples - from forensic science to fashion - to explain the applications of his theory, including state regulation of economic activity.

Contributor Bio(s): Koppl, Roger: - Roger Koppl is Professor of Finance in the Whitman School of Management at Syracuse University and a faculty fellow in the University's Forensic and National Security Sciences Institute. His work has been featured in The Atlantic, Forbes, and The Washington Post.