Reaping the Informational Surplus in Bayesian Persuasion

The Bayesian persuasion model studies communication between an informed sender and a receiver with payoff-relevant action, emphasizing the ability of to extract maximal surplus from his informational advantage. In this paper, we study setting multiple senders in which is restricted choosing, at interim stage, one whom interact. Our main result that whenever are uncertain about each other’s preferences and, particular, cannot dismiss certainty possibility others aligned receiver, receives all equilibria. (JEL C72, D82, D83)