Showing 1 - 10 of 108
Persistent link: https://www.econbiz.de/10012800727
This paper studies an information design problem in a sequential consumer search environment. Consumers, whose valuation of firm's products is uncertain, observe a noisy signal about the valuation upon being matched with a firm. The goal is to characterize those signal structures that maximize...
Persistent link: https://www.econbiz.de/10012895959
This paper studies robust Bayesian persuasion of a privately informed receiver in which the sender only has limited knowledge about the receiver's private information. The sender is ambiguity averse and has a maxmin expected utility function. We show that when the sender faces full ambiguity,...
Persistent link: https://www.econbiz.de/10012925918
Persistent link: https://www.econbiz.de/10014390472
Persistent link: https://www.econbiz.de/10012663414
This paper studies the welfare effects of information in a sequential consumer search environment. Consumers search in the market and observe a noisy signal about the match value upon being matched with a firm, based on which they make their purchasing decisions. We construct the class of...
Persistent link: https://www.econbiz.de/10013312969
Persistent link: https://www.econbiz.de/10013280045
Persistent link: https://www.econbiz.de/10015053842
This paper studies the welfare effects of information in a sequential consumer search environment. Consumers search in the market and observe a noisy signal about the match value upon being matched with a firm, based on which they make their purchasing decisions. We construct the class of...
Persistent link: https://www.econbiz.de/10013210910
Persistent link: https://www.econbiz.de/10010479518