Using Models to Persuade

S-Tier
Journal: American Economic Review
Year: 2021
Volume: 111
Issue: 1
Pages: 276-323

Authors (2)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present a framework where "model persuaders" influence receivers' beliefs by proposing models that organize past data to make predictions. Receivers are assumed to find models more compelling when they better explain the data, fixing receivers' prior beliefs. Model persuaders face a trade-off: better-fitting models induce less movement in receivers' beliefs. Consequently, a receiver exposed to the true model can be most misled by persuasion when that model fits poorly, competition between persuaders tends to neutralize the data by pushing toward better-fitting models, and a persuader facing multiple receivers is more effective when he can send tailored, private messages.

Technical Details

RePEc Handle
repec:aea:aecrev:v:111:y:2021:i:1:p:276-323
Journal Field
General
Author Count
2
Added to Database
2026-01-29