WebPERSUASION APPROACH* Jun Zhang and Junjie Zhou We examine optimal information disclosure through Bayesian persuasion in a two-player contest. One contestant's valuation is commonly known and the other's is his private information. The contest organiser can precommit to a signal to influence the uninformed contestant's belief about WebSep 4, 2024 · The “full commitment” assumption in the Bayesian persuasion literature might not always hold: the sender might be tempted to deviate from an information structure to which he commits. To incorporate this possibility, I study a model in which the sender’s commitment to an information structure binds with an exogenously given probability less …
Bayesian game - Wikipedia
Web1 Answer. In a standard cheap-talk setting, a sender (S) has better information on a state of the world and wants to communicate this information to a receiver (R) who then takes an action. However, S and R prefer different actions conditional on the state. WebJun 9, 2024 · Bayesian Persuasion in Sequential Decision-Making. We study a dynamic model of Bayesian persuasion in sequential decision-making settings. An informed … cursor on computer frozen
Can a better informed listener be easier to persuade?
WebBayesian Persuasion by Emir Kamenica and Matthew Gentzkow. Published in volume 101, issue 6, pages 2590-2615 of American Economic Review, October 2011, Abstract: When … WebA school may improve its students’ job outcomes if it issues only coarse grades. Google can reduce congestion on roads by giving drivers noisy information about the state of traffic. A social planner might raise everyone's welfare by providing only partial information about solvency of banks. All of this can happen even when everyone is fully rational and … WebMulti-Receiver Online Bayesian Persuasion All the proofs omitted from the paper are in the Appendix. 1.2. Related Works Most of the computational works on Bayesian persuasion study (offline) models in which the sender knowns the receiver’s utility function exactly. Dughmi & Xu (2016) initiate these studies with the single receiver case, while cursor on keyboard not working