The blockchain is a decentralized solution for handling transactions where we are concerned (among other aspects) with the accuracy and verification of transactions. One of its main promises is to eliminate the need for centralized entities or intermediaries and legal enforcement. Rather than...

We study persuasion mechanisms in linear environments. A privately informed receiver chooses between two actions. A sender designs a persuasion mechanism that can condition the information disclosed to the receiver on the receiver's report about his type. We establish the equivalence of...

We consider a Bayesian persuasion problem where a sender's utility depends only on the expected state. We provide a necessary and sufficient condition for the optimality of upper censorship that pools the states above a cutoff and reveals the states below the cutoff. This condition is equivalent...