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Bayesian persuasion with costly information acquisition
Indexado
WoS WOS:001036286400001
Scopus SCOPUS_ID:85163831121
DOI 10.1016/J.JET.2023.105678
Año 2023
Tipo artículo de investigación

Citas Totales

Autores Afiliación Chile

Instituciones Chile

% Participación
Internacional

Autores
Afiliación Extranjera

Instituciones
Extranjeras


Abstract



We consider a Bayesian persuasion model, in which the receiver can gather independent information about the state at a uniformly posterior-separable cost. We show that the sender provides information that prevents the receiver from gathering independent information in equilibrium. When the receiver faces a lower cost of information, her ‘threat’ of gathering independent information increases, thus decreasing the sender's power to persuade. Lower cost of information can also hurt the receiver, because the sender may provide strictly less information in equilibrium. Furthermore, we propose a solution method that can be used to solve our model in specific applications.

Revista



Revista ISSN
Journal Of Economic Theory 0022-0531

Métricas Externas



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Disciplinas de Investigación



WOS
Economics
Scopus
Sin Disciplinas
SciELO
Sin Disciplinas

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Publicaciones WoS (Ediciones: ISSHP, ISTP, AHCI, SSCI, SCI), Scopus, SciELO Chile.

Colaboración Institucional



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Autores - Afiliación



Ord. Autor Género Institución - País
1 Matysková, Ludmila Mujer Universitat d'Alacant - España
Univ Alicante - España
2 Montes, Alfonso Hombre Universidad de Chile - Chile

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Financiamiento



Fuente
Universidad de Chile
University of Chile
Deutsche Forschungsgemeinschaft
European Research Council
Generalitat Valenciana
European Research Council (ERC)
European Research Council under the European Union
Horizon 2020
Labex
German Research Foundation DFG
Labex MME-DII
Ecole Polytechnique
National Commission of Scientific and Technological Research of the Government of Chile
Konrad Mierendorff
Margaret Meyer

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Agradecimientos



Agradecimiento
For valuable comments, we thank: Andrew Caplin, Yeon-Koo Che, Nitin Kumar Chidambaram, Mark Dean, Olivier Gossner, Navin Kartik, Frédéric Koessler, Andrei Matveenko, Helene Mass, Filip Matějka, Laurent Mathevet, Margaret Meyer, Konrad Mierendorff, Stephen Morris, Vladimír Novák, Pietro Ortoleva, Avner Shaked, Vasiliki Skreta, Jakub Steiner, Dezsö Szalay, Ina Taneva, Tristan Tomala, Michael Woodford, Jan Zápal, and anonymous referees. Matysková gratefully acknowledges funding from the Generalitat Valenciana ( Prometeo/2021/073 ), the German Research Foundation DFG ( CRC TR 224 , project B02), and the European Research Council under the European Union's Horizon 2020 research and innovation programme (project 101002898 ). Montes gratefully acknowledges funding from the École Polytechnique (contrat doctorale ref. no. CREST2928RD98 ), the National Commission of Scientific and Technological Research of the Government of Chile (ref. no. 72180147 ), the Labex MME-DII (contrat de recherche post-doctoral No. 2020/69 ), and the University of Chile (proyecto anillo ACT 210005 ).
For valuable comments, we thank: Andrew Caplin, Yeon-Koo Che, Nitin Kumar Chidambaram, Mark Dean, Olivier Gossner, Navin Kartik, Frédéric Koessler, Andrei Matveenko, Helene Mass, Filip Matějka, Laurent Mathevet, Margaret Meyer, Konrad Mierendorff, Stephen Morris, Vladimír Novák, Pietro Ortoleva, Avner Shaked, Vasiliki Skreta, Jakub Steiner, Dezsö Szalay, Ina Taneva, Tristan Tomala, Michael Woodford, Jan Zápal, and anonymous referees. Matysková gratefully acknowledges funding from the Generalitat Valenciana ( Prometeo/2021/073 ), the German Research Foundation DFG ( CRC TR 224 , project B02), and the European Research Council under the European Union's Horizon 2020 research and innovation programme (project 101002898 ). Montes gratefully acknowledges funding from the École Polytechnique (contrat doctorale ref. no. CREST2928RD98 ), the National Commission of Scientific and Technological Research of the Government of Chile (ref. no. 72180147 ), the Labex MME-DII (contrat de recherche post-doctoral No. 2020/69 ), and the University of Chile (proyecto anillo ACT 210005 ).
& nbsp;For valuable comments, we thank: Andrew Caplin, Yeon-Koo Che, Nitin Kumar Chidambaram, Mark Dean, Olivier Gossner, Navin Kartik, Frederic Koessler, Andrei Matveenko, Helene Mass, Filip Matejka, Laurent Mathevet, Margaret Meyer, Konrad Mierendorff, Stephen Morris, Vladimir Novak, Pietro Ortoleva, Avner Shaked, Vasiliki Skreta, Jakub Steiner, Dezsoe Szalay, Ina Taneva, Tristan Tomala, Michael Woodford, Jan Zapal, and anonymous referees. Matyskova gratefully acknowledges funding from the Generalitat Valenciana (Prometeo/2021/073), the German Research Foundation DFG (CRC TR 224, project B02), and the European Research Council under the European Union's Horizon 2020 research and innovation programme (project 101002898). Montes gratefully acknowledges funding from the Ecole Polytechnique (contrat doctorale ref. no. CREST2928RD98), the National Commission of Scientific and Technological Research of the Government of Chile (ref. no. 72180147), the Labex MME-DII (contrat de recherche post-doctoral No. 2020/69), and the University of Chile (proyecto anillo ACT 210005).& nbsp;

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