Testing Experts Who Can Learn

Mark Whitmeyer and Kun Zhang

Papers from arXiv.org

Abstract: We show that when expertise lies not in what one initially knows but in the ability to acquire information and thereby refine beliefs, prediction-based contracts can distinguish experts from non-experts.

Date: 2023-03, Revised 2026-09
New Economics Papers: this item is included in nep-hpe and nep-mic
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