Experiments versus distributions of posteriors

Stefan Terstiege and Cédric Wasser

Mathematical Social Sciences, 2023, vol. 125, issue C, 58-60

Abstract: A fundamental result in Bayesian persuasion and information design states that a distribution of posterior beliefs can be induced by an experiment if and only if the posterior beliefs average to the prior belief. We present a general version of this result that applies to infinite state and signal spaces.

Keywords: Experiments; Bayesian persuasion; Information design (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:125:y:2023:i:c:p:58-60

DOI: 10.1016/j.mathsocsci.2023.07.003

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