When an agent receives information from a source whose accuracy might be either high or low, standard theory dictates … uncertain sources. A theory of belief updating where agents are insensitive and averse to uncertainty in information accuracy …

the state vector onto a lower-dimensional object that we call the "optimal information manifold." We characterize … geometric properties of this manifold and link them to the sender's preferences. Optimal policy splits information into "good … good information. In contrast, with concave marginal utility, optimal information design conceals the extreme realizations …

I study reputation models in which information about the long-run player's past behavior is dispersed among short …-run players. I identify two challenges to reputation building when such information is aggregated via the short-run players …

We consider a dynamic model in which a principal decides what information to release about a product of unknown quality … show that the optimal feedback mechanism to mitigate information free-riding takes a strikingly simple form: the principal …