Escudé, Matteo; Sinander, Ludvig - In: Theoretical Economics 18 (2023) 1, pp. 129-162
What are the value and form of optimal persuasion when information can be generated only slowly? We study this question … provision relative to unconstrained persuasion. The gap can be substantial, but closes as the constraint slackens. Contrary to … unconstrained persuasion, less-than-full information may be provided even if players have aligned preferences but different prior …