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Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
Working Paper No. 334
Verlag: 
University of Zurich, Department of Economics, Zurich
Zusammenfassung: 
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 of some future event. We find that in all equilibria in a sufficiently general class earlier reports are more credible. Further, any report hurts the forecaster's reputation in the short run, with later reports incurring larger penalties. The reputation of a silent forecaster, on the other hand, gradually improves over time.
Schlagwörter: 
career concerns
reputation
dynamic games
games of timing
strategic information transmission
JEL: 
C73
D82
D83
D84
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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