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Interim Bayesian Persuasion: First Steps

Author

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  • Eduardo Perez-Richet

Abstract

This paper makes a first attempt at building a theory of interim Bayesian persuasion. I work in a minimalist model where a low or high type sender seeks validation from a receiver who is willing to validate high types exclusively. After learning her type, the sender chooses a complete conditional information structure for the receiver from a possibly restricted feasible set. I suggest a solution to this game that takes into account the signaling potential of the sender's choice.

Suggested Citation

  • Eduardo Perez-Richet, 2014. "Interim Bayesian Persuasion: First Steps," American Economic Review, American Economic Association, vol. 104(5), pages 469-474, May.
  • Handle: RePEc:aea:aecrev:v:104:y:2014:i:5:p:469-74
    Note: DOI: 10.1257/aer.104.5.469
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    References listed on IDEAS

    as
    1. Myerson, Roger B, 1983. "Mechanism Design by an Informed Principal," Econometrica, Econometric Society, vol. 51(6), pages 1767-1797, November.
    2. Maskin, Eric & Tirole, Jean, 1990. "The Principal-Agent Relationship with an Informed Principal: The Case of Private Values," Econometrica, Econometric Society, vol. 58(2), pages 379-409, March.
    3. Farrell Joseph, 1993. "Meaning and Credibility in Cheap-Talk Games," Games and Economic Behavior, Elsevier, vol. 5(4), pages 514-531, October.
    4. Eduardo Perez-Richet & Delphine Prady, 2012. "Complicating to Persuade?," Working Papers hal-00675135, HAL.
    5. Mylovanov, Timofiy & Tröger, Thomas, 2012. "Informed principal problems in generalized private values environments," Theoretical Economics, Econometric Society, vol. 7(3), September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Dirk Bergemann & Stephen Morris, 2017. "Information Design: A Unified Perspective," Working Papers 089_2017, Princeton University, Department of Economics, Econometric Research Program..
    2. Kolotilin, Anton, 2015. "Experimental design to persuade," Games and Economic Behavior, Elsevier, vol. 90(C), pages 215-226.
    3. Alonso, Ricardo & Câmara, Odilon, 2014. "On the value of persuasion by experts," LSE Research Online Documents on Economics 58677, London School of Economics and Political Science, LSE Library.
    4. Dinev, Nikolay, 2017. "Voluntary Bankruptcy as Preemptive Persuasion," Economics Series 334, Institute for Advanced Studies.
    5. Hedlund, Jonas, 2017. "Bayesian persuasion by a privately informed sender," Journal of Economic Theory, Elsevier, vol. 167(C), pages 229-268.
    6. Anton Kolotilin & Tymofiy Mylovanov & Andriy Zapechelnyuk & Ming Li, 2016. "Persuasion Of A Privately Informed Receiver," Working Papers 2016_22, Business School - Economics, University of Glasgow.
    7. Dirk Bergemann & Stephen Morris, 2017. "Information Design: A Unified Perspective," Cowles Foundation Discussion Papers 2075R2, Cowles Foundation for Research in Economics, Yale University, revised Nov 2017.
    8. repec:eee:jetheo:v:174:y:2018:i:c:p:103-123 is not listed on IDEAS
    9. James Best & Daniel Quigley, 2016. "Persuasion for the Long-Run," Economics Papers 2016-W12, Economics Group, Nuffield College, University of Oxford.
    10. Martin Gregor, 2014. "Access fees for competing lobbies," Working Papers IES 2014/22, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jul 2014.
    11. Dirk Bergemann & Stephen Morris, 2017. "Information Design: A Unified Perspective," Cowles Foundation Discussion Papers 2075R3, Cowles Foundation for Research in Economics, Yale University, revised Mar 2018.
    12. Hedlund, Jonas, 2014. "Bayesian signaling," Working Papers 0577, University of Heidelberg, Department of Economics.
    13. repec:eee:gamebe:v:104:y:2017:i:c:p:632-655 is not listed on IDEAS
    14. PRAM, Kym, 2017. "Hard evidence and welfare in adverse selection environments," Economics Working Papers MWP 2017/10, European University Institute.
    15. Elias Tsakas & Nikolas Tsakas & Dimitrios Xefteris, 2017. "Resisting Persuasion," University of Cyprus Working Papers in Economics 07-2017, University of Cyprus Department of Economics.

    More about this item

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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