Müzakerelerdeki bilgi birikimi ve konuşma sırası

This study aims to investigate the importance of the order of speech in debates in terms of acquisition of relevant information. We analyze a simple model with binary state, binary signal, binary decision, two periods and two privately informed experts who have heterogenous expertise levels and are motivated by only their career concerns. We first compare the common anti-seniority rule whereby experts speak in order of increasing expertise with the seniority rule and show that, in general, seniority rule aggregates relevant information better than the anti-seniority rule. Then we compare these fixed orders with a mechanism in which experts endogenously decide when to speak. We conclude that relevant information aggregates better and hence the decision maker is better off under this endogenous order mechanism than any fixed order mechanism. Keywords: Cheap talk, information aggregation, debate, order, career concerns