Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10014307851
We consider a multi-receiver Bayesian persuasion problem where an informed sender tries to persuade a group of receivers to adopt a certain product. The sender is allowed to commit to a signaling policy where she sends a private signal to every receiver. The utility of the sender is a function...
Persistent link: https://www.econbiz.de/10012903658
We study a canonical setting of learning in networks where initially agents receive conditionally i.i.d. signals about a binary state. The distribution according to which signals are drawn is called an information structure. Agents repeatedly communicate beliefs with their neighbors and update...
Persistent link: https://www.econbiz.de/10012871324
Persistent link: https://www.econbiz.de/10012610503
Persistent link: https://www.econbiz.de/10012133301
Persistent link: https://www.econbiz.de/10014460301
Mean-preserving contractions are critical for studying Bayesian models of information design. We introduce the class of bi-pooling policies, and the class of bi-pooling distributions as their induced distributions over posteriors. We show that every extreme point in the set of all...
Persistent link: https://www.econbiz.de/10014245370
Persistent link: https://www.econbiz.de/10010481331
This paper develops a model of repeated interaction in social networks among agents with differing degrees of sophistication. The focus of the model is observational learning; that is, each agent receives initial private information and makes inferences regarding the private information of...
Persistent link: https://www.econbiz.de/10014170656
Persistent link: https://www.econbiz.de/10012582191