IDEAS home Printed from https://ideas.repec.org/p/bge/wpaper/1534.html

Keeping in the Dark with Hard Evidence

Author

Listed:
  • Daniel Bird
  • Alexander Frug

Abstract

We present a dynamic learning setting in which the periodic data observed by the decision-maker is mediated by an agent. We study when, and to what extent, this mediation can distort the decision-maker's long-run learning, even though the agent's reports are restricted to consist of verifiable hard evidence and must adhere to certain standards. We introduce the manipulation-proof law of large numbers – that delivers a sharp dichotomy: when it holds, the decision-maker's learning is guaranteed in the long-run; when it fails, the scope for manipulation is essentially unrestricted.

Suggested Citation

  • Daniel Bird & Alexander Frug, 2025. "Keeping in the Dark with Hard Evidence," Working Papers 1534, Barcelona School of Economics.
    • Handle: RePEc:bge:wpaper:1534
    as

    Download full text from publisher

    File URL: https://bw.bse.eu/wp-content/uploads/1534.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bge:wpaper:1534. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bruno Guallar (email available below). General contact details of provider: https://edirc.repec.org/data/bargses.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.