Arieli, Itai; Babichenko, Yakov; Smorodinsky, Rann; … - In: Theoretical economics : TE ; an open access journal in … 18 (2023) 1, pp. 15-36
Mean-preserving contractions are critical for studying Bayesian models of information design. We introduce the class of … that every extreme point in the set of all mean-preserving contractions of any given prior over an interval takes the form …