La persuasion

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چکیده

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In many settings of economic interest, information is ex ante symmetric, but one agent designs the informational environment—i.e., controls what additional information will be generated. A number of recent papers study such situations, with applications including Internet advertising (Rayo and Segal 2010), communication in organizations (Jehiel 2013), bank regulation (Gick and Pausch 2012; Gold...

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When is it possible for one person to persuade another to change her action? We take a mechanism design approach to this question. Taking preferences and initial beliefs as given, we introduce the notion of a persuasion mechanism: a game between Sender and Receiver defined by an information structure and a message technology. We derive necessary and sufficient conditions for the existence of a ...

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ژورنال

عنوان ژورنال: Cahiers d’études italiennes

سال: 2005

ISSN: 1770-9571,2260-779X

DOI: 10.4000/cei.247