I consider multi-round cheap talk communication environments in which, after a lie, the informed party has no memory of the content of the lie. I characterize the equilibria with forgetful liars in such settings assuming that a liar's expectation about his past lie coincides with the equilibrium...

In our laboratory experiment, subjects, in sequence, have to predict the value of a good. We elicit the second subject's belief twice: first ("first belief"), after he observes his predecessor's action; second ("posterior" belief.), after he observes his private signal. Our main result is that...