Aligned delegation
A Frankel - American Economic Review, 2014 - aeaweb.org
A principal delegates multiple decisions to an agent, who has private information relevant to
each decision. The principal is uncertain about the agent's preferences. I solve for max-min …
each decision. The principal is uncertain about the agent's preferences. I solve for max-min …
Quantile maximization in decision theory
M Rostek - The Review of Economic Studies, 2010 - academic.oup.com
This paper introduces a model of preferences, in which, given beliefs about uncertain
outcomes, an individual evaluates an action by a quantile of the induced distribution. The …
outcomes, an individual evaluates an action by a quantile of the induced distribution. The …
Almost fully revealing cheap talk with imperfectly informed senders
We show that in multi-sender communication games where senders imperfectly observe the
state, if the state space is large enough, then there can exist equilibria arbitrarily close to full …
state, if the state space is large enough, then there can exist equilibria arbitrarily close to full …
Coordination-free equilibria in cheap talk games
SE Lu - Journal of Economic Theory, 2017 - Elsevier
This paper characterizes generic equilibrium play in a multi-sender version of Crawford and
Sobel's (1982) cheap talk model, when robustness to a broad class of beliefs about noise in …
Sobel's (1982) cheap talk model, when robustness to a broad class of beliefs about noise in …
A delegation-based theory of expertise
We investigate information aggregation and competition in a delegation framework. An
uninformed principal is unable to perform a task herself and must choose between one of …
uninformed principal is unable to perform a task herself and must choose between one of …
Constructive versus Toxic Argumentation in Debates
T Mylovanov, A Zapechelnyuk - American Economic Journal …, 2024 - aeaweb.org
Two debaters address an audience by sequentially choosing their information strategies.
We compare the setting where the second mover reveals additional information …
We compare the setting where the second mover reveals additional information …
[PDF][PDF] Belief management and optimal arbitration
B Balzer, J Schneider - 2019 - josndr.github.io
We consider a general model of arbitration. The outcome following failed settlement is
endogenous and depends on the arbitration mechanism. We show that the arbitration …
endogenous and depends on the arbitration mechanism. We show that the arbitration …
[PDF][PDF] Robust almost fully revealing equilibria in multi-sender cheap talk
This paper shows that in multi-sender cheap talk games, if the state space is large enough,
then there exist equilibria arbitrarily close to full revelation of the state that are robust to …
then there exist equilibria arbitrarily close to full revelation of the state that are robust to …
Assignment mechanisms with public preferences and independent types
F Silva - Available at SSRN 3868560, 2022 - papers.ssrn.com
I study how an unbiased and uninformed decision maker should design a mechanism that
provides enough incentives for possibly biased agents to share their information impartially …
provides enough incentives for possibly biased agents to share their information impartially …
The Day after the Scandal [Part one]. A Theoretical Analysis of Liability Action and Reputational Risk
A Rangone - Economia Aziendale Online-, 2023 - 193.204.40.129
This paper realizes a preliminary theoretical analysis concerning the correlation between
the execution of a liability action and the increase of potential negative effects from a …
the execution of a liability action and the increase of potential negative effects from a …