When does monitoring hurt? Endogenous information acquisition in a game of persuasion
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DOI: 10.1016/j.econlet.2017.12.001
Abstract: We study a persuasion game between a decision maker and an expert. Before communication, the expert searches for an evidence about the state of nature. Higher effort leads to a higher probability of discovery. We… read more here.
Keywords: persuasion; game; hurt endogenous; monitoring hurt ... See more keywords