Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united … assessments. We investigate this theory in the lab, using treatments with and without reputation concerns and with and without … cheap-talk communication with evaluators. We use the chat among committee members to learn about, e.g., their beliefs about …

The paper studies a dynamic communication game in the presence of adverse selection and career concerns. A forecaster … of privately known competence, who cares about his reputation, chooses the timing of the forecast regarding the outcome …. Further, any report hurts the forecaster’s reputation in the short run, with later reports incurring larger penalties. The …