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Verifiability and Effective Persuasion

N. Cabau & M. Li

Séminaire de microéconomie 2022-2023
conjoint avec le Département de sciences économiques, Université de Montréal
salle C-6070-9 (U. de Montréal, Pavillon Lionel-Groulx, 3150, rue Jean-Brillant)
Responsable : Lars Ehlers (U. de Montréal)

RÉSUMÉ : We investigate the relationship between the verifiability of statements and effective persuasion when multiple experts advise a decision maker. We extend the model of Wolinsky [2002] and show that it is possible for experts to fully reveal information to the decision maker when the verifiability goes in the direction of the experts’ common bias. Our finding complements Wolinsky’s negative result on effective persuasion. We also characterize equilibria that experts prefer to both fully revealing equilibria and uninformative equilibria.

événements à venir

2 octobre 2023, 15h00-19h00 (Studio-Cabaret de l'Espace St-Denis)