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understanding the power of information aggregation in alleviating incentive constraints and is particularly pertinent to games with …
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directly. Motivated by this evidence, we explore a new information aggregation model of intermediation. Intermediaries observe …
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This paper studies a large majority election with voters who have heterogeneous, private preferences and exogenous private signals. We show that a Bayesian persuader can implement any state-contingent outcome in some equilibrium by providing additional information. In this setting, without the...
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This paper considers a population of agents that are engaged in a listening network. The agents wish to match their actions to the true value of some uncertain (exogenous) parameter and to the actions of the other agents. Each agent begins with some initial information about the parameter and,...
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