Abstract
This paper studies a multiple-receiver Bayesian persuasion model, where a sender communicates with receivers who have homogeneous beliefs and aligned preferences. The sender wants to implement a proposal and commits to a communication strategy which sends private (possibly) correlated messages to the receivers, who are in an exogenous and commonly known network. Receivers can observe their neighbors' private messages and after updating their beliefs, vote sincerely on the proposal. We examine how networks of shared information affect the sender's gain from persuasion and find that in many cases it is not restricted by the additional information provided by the receivers' neighborhoods. Perhaps surprisingly, the sender's gain from persuasion is not monotonically decreasing with the density of the network.
Original language | English |
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Title of host publication | Proceedings Eighteenth Conference on Theoretical Aspects of Rationality and Knowledge |
Editors | Joseph Halpern, Andrés Perea |
Pages | 231 |
Volume | 335 |
DOIs | |
Publication status | Published - 22 Jun 2021 |
Event | 18th Conference on Theoretical Aspects of Rationality and Knowledge - Beijing, China Duration: 25 Jun 2021 → 27 Jun 2021 Conference number: 18 |
Publication series
Series | Electronic Proceedings in Theoretical Computer Science |
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ISSN | 2075-2180 |
Conference
Conference | 18th Conference on Theoretical Aspects of Rationality and Knowledge |
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Abbreviated title | TARK 2021 |
Country/Territory | China |
City | Beijing |
Period | 25/06/21 → 27/06/21 |