Published August 18, 2022 | Version v1
Journal article Open

Persuasion via Weak Institutions

  • 1. Columbia University
  • 2. University of Chicago
  • 3. University of California San Diego

Description

A sender commissions a study to persuade a receiver but influences the report with some probability. We show that increasing this probability can benefit the receiver and can lead to a discontinuous drop in the sender's payoffs. To derive our results, we geometrically characterize the sender's highest equilibrium payoff, which is based on the concavification of a capped value function.

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Additional details

Identifiers

DOI
10.1086/720462
Other
oai:uchicago.tind.io:14590

Funding

National Science Foundation
SES-1730168

UChicago Information

Division(s)
Social Sciences Division
Department(s)
Kenneth C. Griffin Department of Economics