Homepage for W. Bentley MacLeod

Most discussion papers can be found online. If you cannot find a paper you need drop me a line.

Much of my recent work is concerned with expert decision making, both in terms of evaluating decision making (of judges and doctors) and trying to better understand how to design organizations and contract that better manage and employ experts. A fundamental problem is that the evaluation of experts is subjective, and hence short run market exchange is not always efficient. In "Reputation and School Choice" (with Miguel Urquiola) we show that a free market for reputation is not always efficient, and then provide some empirical evidence of these effects in "The Big Sort" (with Evan Riehl, Juan Saavedrea and Miguel Urquiola,).

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