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. Consequently, incentive constraints characterize the implementable set. The revelation principle does not hold when an allocation …
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I study a persuasion game between a privately informed agent and a decision maker (DM) who can imperfectly verify the statements made by the agent by observing a signal that is correlated with the agent's information. I find that whether or not the DM benefits from communicating with the agent...
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I consider a seller selling a good to bidders with two-dimensional private information: their valuation for a good and their characteristic. While valuations are non-verifiable, characteristics are partially verifiable and convey information about the distribution of a bidder’s valuation. I...
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them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
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