Question: 0.80 > qu - In the herding model we saw in class, suppose there were two types of experts: skilled and unskilled. Skilled experts have

0.80 > qu - In the herding model we saw in

0.80 > qu - In the herding model we saw in class, suppose there were two types of experts: skilled and unskilled. Skilled experts have qs 0.55 for the unskilled experts; i.e. the skilled experts are more accurate. (a) (10 points) How many skilled experts would need to report G in a row in order to start a herd? Unskilled? (b) (5 points) If you, as a government, know the skill of each expert would you prefer to hear from the skilled experts or unskilled experts first? Explain

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