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This paper introduces private sender information into a sender-receiver game of Bayesian persuasion with monotonic sender preferences. I derive properties of increasing differences related to the precision of signals and use these to fully characterize the set of equilibria robust to the...
Persistent link: https://www.econbiz.de/10010458265
We study a boundedly rational model of imitation when payoff distributions of actions differ across types of individuals. Individuals observe others’ actions and payoffs, and a comparison signal. One of two inefficiencies always arises: (i) uniform adoption, i.e., all individuals choose the...
Persistent link: https://www.econbiz.de/10011688291
This paper introduces private sender information into a sender-receiver game of Bayesian persuasion with monotonic sender preferences. I derive properties of increasing differences related to the precision of signals and use these to fully characterize the set of equilibria robust to the...
Persistent link: https://www.econbiz.de/10011422283
Persistent link: https://www.econbiz.de/10012818897
We study a boundedly rational model of imitation when payoff distributions of actions differ across types of individuals. Individuals observe others’ actions and payoffs, and a comparison signal. One of two inefficiencies always arises: (i) uniform adoption, i.e., all individuals choose the...
Persistent link: https://www.econbiz.de/10011616579
We analyze information disclosure as a policy instrument for contagion management indecentralized environments. A benevolent planner (e.g., the government) tests a fraction ofthe population to learn the infection rate. Individuals meet randomly and exert vigilanceeffort. Efforts factor in a...
Persistent link: https://www.econbiz.de/10013306656
This paper introduces private sender information into a sender-receiver game of Bayesian persuasion with monotonic sender preferences. I derive properties of increasing differences related to the precision of signals and use these to fully characterize the set of equilibria robust to the...
Persistent link: https://www.econbiz.de/10011144069