group of people who make a decision by voting on a proposal. An outside expert who observes the qualities of a proposal … sends a cheap talk message to decision makers with limited information. A simple cheap talk strategy of the expert can be … surprisingly effective in persuading decision makers by polarizing or unifying their opinions. When there is a significant …

We develop a model of strategic information transmission from an expert with informational superiority to decision … persuading decision makers by polarizing or unifying their opinions. After observing the expert's cheap talk message, decision … her own bias. In other words, the expert's cheap talk prevents a voting procedure from aggregating decision makers …

We conduct a lab experiment to investigate an important corporate prediction market setting: A manager needs … information about the state of a project, which workers have, in order to make a state-dependent decision. Workers can potentially …

' responsiveness in the long run. Using an online experiment, we assess how false alarm and missed alarm-prone forecast systems …

an innovative approach to answering this question by combining capital market theory with game-theoretic thinking. We … develop a theory for the integration of risk management -- the provider of risk information -- into an organization based on … private information and differences in preferences. A simple model compares the payoffs from uninformed decision making, solo …

This paper develops a theoretical model of dynamic decision-making of a monetary policy committee with heterogeneous … the effects different communication strategies have on financial markets. It is shown that the communication strategy of … shown that communication in the form of voting records has the greatest effect on market participants' near term policy …