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 …