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: Koppl, Roger
Publication date: 2018
Publisher: Cambridge University Press
Format: Paperback 292 pages
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Book details

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

Summary

Acknowledged authors Koppl, Roger wrote Expert Failure (Cambridge Studies in Economics, Choice, and Society) comprising 292 pages back in 2018. Textbook and eTextbook are published under ISBN 1316503046 and 9781316503041. Since then Expert Failure (Cambridge Studies in Economics, Choice, and Society) textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

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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