Having information about an uncertain event is crucial for informed decision-making. This paper introduces a simple … framework in which 1) a principal uses the reported beliefs of multiple agents to make a decision and 2) the agents reporting a … belief are affected by the decision. Naturally, the question arises how the principal can incentivize the agents to report …

equilibrium (DSGE) models, estimated using Bayesian techniques, can become an additional useful tool in the forecasting kit of … central banks. First, we show that the forecasting performance of such models compares well with a-theoretical vector …