—the theory of recursive contracts. Recursive formulations allow us to reduce often complex models to a sequence of essentially … of the basic theory: the Revelation Principle, formulating and simplifying the incentive constraints, using promised … advanced topics: duality theory and Lagrange multiplier techniques, models with lack of commitment, and martingale methods in …

An uninformed sender designs a mechanism that discloses information about her type to a privately informed receiver … willing to act. Using a linear programming approach, I characterize optimal information disclosure and provide conditions … not monotonic in the precision of the receiver's private information. …