Robust persuasion of a privately informed receiver

B-Tier
Journal: Economic Theory
Year: 2021
Volume: 72
Issue: 3
Pages: 909-953

Authors (2)

Ju Hu (not in RePEc) Xi Weng (Peking University)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Abstract This paper studies robust Bayesian persuasion of a privately informed receiver in a binary environment, where an ambiguity-averse sender with a maxmin expected utility function has limited knowledge about the receiver’s private information source. We develop a novel method to solve the sender’s information design problem. Our main result shows that the sender’s optimal information structure can be found within the class of linear-contingent-payoff information structures. We also fully characterize the sender’s optimal linear-contingent-payoff information structure and analyze the impact of ambiguity on the sender’s payoff.

Technical Details

RePEc Handle
repec:spr:joecth:v:72:y:2021:i:3:d:10.1007_s00199-020-01299-5
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29