Persuasion Meets Delegation

Anton Kolotilin and Andriy Zapechelnyuk

No 2018-06, Discussion Papers from School of Economics, The University of New South Wales

Abstract: There are two common ways for a principal to influence the decision making of an agent. One is to manipulate the agent's information (persuasion problem). Another is to limit the agent's decisions (delegation problem). We show that, under general assumptions, these two problems are equivalent; so solving one problem solves the other. We illustrate how the methods developed in the persuasion literature can be applied to address unsolved delegation problems by considering monopoly regulation with a participation constraint.

Keywords: persuasion; delegation; regulation (search for similar items in EconPapers)
JEL-codes: D82 D83 L43 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2018-04
New Economics Papers: this item is included in nep-mic
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://research.economics.unsw.edu.au/RePEc/papers/2018-06.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Unavailable: Back-end server is at capacity

Related works:
Journal Article: Persuasion Meets Delegation (2025)
Working Paper: Persuasion Meets Delegation (2024)
Working Paper: Persuasion Meets Delegation (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:swe:wpaper:2018-06

Access Statistics for this paper

More papers in Discussion Papers from School of Economics, The University of New South Wales Contact information at EDIRC.
Bibliographic data for series maintained by Hongyi Li ().