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econ.TH2025
Bayesian Persuasion without Commitment
Itai Arieli, Colin Stewart
We introduce a model of persuasion in which a sender without any commitment power privately gathers information about an unknown state of the world and then chooses what to verifia…
econ.TH2025
Randomization and Efficiency under Incomplete Information
Itai Arieli, Yakov Babichenko, Atulya Jain +1
We study ex-ante Pareto efficiency of feasible outcomes in games with incomplete information. Our main observation is that excessive randomization leads to inefficiency. With a non…