9781316503041-1316503046-Expert Failure (Cambridge Studies in Economics, Choice, and Society)

Expert Failure (Cambridge Studies in Economics, Choice, and Society)

ISBN-13: 9781316503041
ISBN-10: 1316503046
Author: Roger Koppl
Publication date: 2018
Publisher: Cambridge University Press
Format: Paperback 292 pages
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ISBN-13: 9781316503041
ISBN-10: 1316503046
Author: Roger Koppl
Publication date: 2018
Publisher: Cambridge University Press
Format: Paperback 292 pages

Summary

Expert Failure (Cambridge Studies in Economics, Choice, and Society) (ISBN-13: 9781316503041 and ISBN-10: 1316503046), written by authors Roger Koppl, was published by Cambridge University Press in 2018. With an overall rating of 3.6 stars, it's a notable title among other Economic Policy & Development (Economics) books. You can easily purchase or rent Expert Failure (Cambridge Studies in Economics, Choice, and Society) (Paperback) from BooksRun, along with many other new and used Economic Policy & Development books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $4.76.

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.

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