Projects per year
Abstract
We consider a Bayesian persuasion problem where a sender's utility depends only on the expected state. We show that upper censorship that pools the states above a cutoff and reveals the states below the cutoff is optimal for all prior distributions of the state if and only if the sender's marginal utility is quasi‐concave. Moreover, we show that it is optimal to reveal less information if the sender becomes more risk averse or the sender's utility shifts to the left. Finally, we apply our results to the problem of media censorship by a government.
Original language | English |
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Pages (from-to) | 561-585 |
Number of pages | 25 |
Journal | Theoretical Economics |
Volume | 17 |
Issue number | 2 |
DOIs | |
Publication status | Published - 5 May 2022 |
Keywords
- Bayesian persuasion
- Information design
- Censorship
- Media
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Dive into the research topics of 'Censorship as optimal persuasion'. Together they form a unique fingerprint.Projects
- 1 Finished
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Theoretical Foundations: Theoretical foundations and design of persuasion mechanism
Zapechelnyuk, A. (PI)
Economic & Social Research Council
19/06/17 → 18/12/20
Project: Standard