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information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be …
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An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his informal referrals remain high. The principal finds it optimal to under-utilize information if she uses …
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additional information. In this setting, without the persuader's information, a version of the Condorcet Jury Theorem holds …. Persuasion does not require detailed knowledge of the voters' private information and preferences: the same additional … information is effective across environments. The results require almost no commitment power by the persuader. Finally, the …
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