Equilibrium Contracts and Boundedly Rational Expectations

We study an informed-principal framework in which the principal chooses the variables the agent is aware of. The agent fits a causal model connecting these variables to the objective probability distribution. The principal may keep her unaware of some variables so that she incorrectly extrapolates how non-equilibrium actions map into outcomes. This framework captures models of contracting with unaware agents, shrouded attributes, and overconfidence in a unified manner.