Guo, Yingni; Shmaya, Eran - In: Econometrica 87 (2019) 2, pp. 653-675
A sender persuades a receiver to accept a project by disclosing information about a payoff‐relevant quality. The receiver has private information about the quality, referred to as his type. We show that the sender‐optimal mechanism takes the form of nested intervals: each type accepts on an...