Persuasion with unknown beliefs

IF 1.2 3区 经济学 Q3 ECONOMICS Theoretical Economics Pub Date : 2022-01-01 DOI:10.3982/te4742
Svetlana Kosterina
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引用次数: 27

Abstract

A sender designs an information structure to persuade a receiver to take an action. The sender is ignorant about the receiver's prior, and evaluates each information structure using the receiver's prior that is the worst for the sender. I characterize the optimal information structures in this environment. I show that there exists an optimal signal with two realizations, characterize the support of the signal realization recommending approval,, and show that the optimal signal is a hyperbola. The lack of knowledge of the receiver's prior causes the sender to hedge her bets: the optimal signal induces the high action in more states than in the standard model, albeit with a lower probability. Increasing the sender's ignorance can hurt both the sender and the receiver.
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带有未知信念的说服
发送者设计一个信息结构来说服接收者采取行动。发送方不知道接收方的先验,并使用对发送方最不利的接收方先验来评估每个信息结构。我描述了这种环境下的最优信息结构。我证明了存在一个具有两种实现的最优信号,表征了信号实现推荐批准的支持度,并证明了最优信号是双曲线。由于不知道接收者的先验情况,发送者不得不对冲自己的赌注:与标准模型相比,最优信号在更多的状态下引发了高动作,尽管概率较低。增加发送者的无知会伤害发送者和接收者。
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来源期刊
CiteScore
2.40
自引率
5.90%
发文量
35
审稿时长
52 weeks
期刊介绍: Theoretical Economics publishes leading research in economic theory. It is published by the Econometric Society three times a year, in January, May, and September. All content is freely available. It is included in the Social Sciences Citation Index
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