Showing 1 - 10 of 15,192
Persistent link: https://www.econbiz.de/10012040381
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
Persistent link: https://www.econbiz.de/10011906837
How should an agent (the sender) observing multi-dimensional data (the state vector) persuade another agent to take the desired action? We show that it is always optimal for the sender to perform a (non-linear) dimension reduction by projecting the state vector onto a lower-dimensional object...
Persistent link: https://www.econbiz.de/10012799529
Persistent link: https://www.econbiz.de/10012602639
Persistent link: https://www.econbiz.de/10012624866
Persistent link: https://www.econbiz.de/10013384796
A principal decides when to exercise a real option. A biased agent influences this decision by strategically disclosing information. Committing to disclose all information with delay is the optimal way to persuade the principal to wait. Without dynamic commitment, this promise is credible only...
Persistent link: https://www.econbiz.de/10011864710
Persistent link: https://www.econbiz.de/10012436377
Persistent link: https://www.econbiz.de/10013188164