On the value of persuasion by experts

نویسندگان

  • Ricardo Alonso
  • Odilon Câmara
چکیده

A sender can influence the behavior of a receiver by controlling the informativeness of a public signal. We show that the sender cannot benefit from becoming an expert, that is, from privately learning some information about the state. We then show that in some instances an uninformed sender is ex-ante strictly better off than an expert sender. JEL classification: D83.

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عنوان ژورنال:
  • J. Economic Theory

دوره 174  شماره 

صفحات  -

تاریخ انتشار 2018