?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=The+Seer-Sucker+Theory%3A+The+Value+of+Experts+in+Forecasting&rft.creator=Armstrong%2C+J.+Scott&rft.subject=Behavioral+Analysis&rft.description=People+are+willing+to+pay+heavily+for+expert+advice.+Economists+are+consulted+to+tell+us+how+the+economy+will+change%2C+stock+analysts+are+paid+large+salaries+to+forecast+the+earnings+of+various+companies%2C+and+political+experts+command+large+fees+to+tell+our+leaders+what+the+future+holds.+The+available+evidence%2C+however%2C+implies+that+this%0Amoney+is+poorly+spent.+But+because+few+people+pay+attention+to+this+evidence%2C+I+have+come+up+with+what+I+call+the+%22seersucker+theory%22%3A+%22No+matter+how+much+evidence+exists+that+seers+do+not+exist%2C+suckers+will+pay+for+the+existence+of+seers.%22&rft.date=1980-07&rft.type=Journal+(Paginated)&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.identifier=http%3A%2F%2Fcogprints.org%2F5200%2F1%2Fseersucker.pdf&rft.identifier=++Armstrong%2C+J.+Scott++(1980)+The+Seer-Sucker+Theory%3A+The+Value+of+Experts+in+Forecasting.++%5BJournal+(Paginated)%5D+++++&rft.relation=http%3A%2F%2Fcogprints.org%2F5200%2F