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recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
Persistent link: https://www.econbiz.de/10010361495
recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
Persistent link: https://www.econbiz.de/10011671666
We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...
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A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution corresponds to the listener's optimal dynamic rule...
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