Persuading skeptics and reaffirming believers
Alonso, Ricardo
; and Câmara, Odilon
(2014)
Persuading skeptics and reaffirming believers.
[Working paper]
In a world where rational individuals may hold different prior beliefs, a sender can influence the behavior of a receiver by controlling the informativeness of a signal. We characterize the set of distributions of posterior beliefs that can be induced by a signal, and provide necessary and sufficient conditions for a sender to benefit from information control. We examine a class of models with no value of information control under common priors, and show that a sender generically benefits from information control under heterogeneous priors. We extend our analysis to cases where the receiver’s prior is unknown to the sender.
| Item Type | Working paper |
|---|---|
| Keywords | persuasion,information control,heterogeneous priors |
| Departments | Management |
| Date Deposited | 05 Aug 2014 15:45 |
| URI | https://researchonline.lse.ac.uk/id/eprint/58680 |
Explore Further
- http://www-bcf.usc.edu/~vralonso/PSRB_May2014.pdf (Publisher)
- http://www-bcf.usc.edu/~vralonso/PSRB_SM_May2014.pdf (Related Item)
- http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2306820 (Related Item)
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ORCID: https://orcid.org/0000-0001-9559-0864