The weight of competence under a realistic loss function

13 years 10 months ago

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In many scientiﬁc, economic and policy-related problems, pieces of information from diﬀerent sources have to be aggregated. Typically, the sources are not equally competent. This raises the question of how the relative weights and competences should be related to arrive at an optimal ﬁnal verdict. Our paper addresses this question under a more realistic perspective of measuring the practical loss implied by an inaccurate verdict.

Stephan Hartmann, Jan Sprenger

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