Strategic information revelation when experts compete to influence

被引:38
作者
Bhattacharya, Sourav [1 ]
Mukherjee, Arijit [2 ]
机构
[1] Univ Pittsburgh, Pittsburgh, PA 15260 USA
[2] Michigan State Univ, E Lansing, MI 48824 USA
关键词
MULTIPLE REFERRALS; IMPLEMENTATION; DEBATE; RULES;
D O I
10.1111/1756-2171.12029
中图分类号
F [经济];
学科分类号
02 ;
摘要
We consider a persuasion game between a decision-maker and a set of experts. Each expert is identified by two parameters: (i) quality or his likelihood of observing the state (i.e., learning what the best decision is) and (ii) agenda or the preferred decision that is independent of the state. An informed expert may feign ignorance but cannot misreport. We offer a general characterization of the equilibrium. From the decision-maker's standpoint, (a) higher quality is not necessarily better, (b) extreme agendas are always preferred, and (c) the optimal panel may involve experts with identical (rather than conflicting) agendas.
引用
收藏
页码:522 / 544
页数:23
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