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Information Design, Bayesian Persuasion And Bayes Correlated Equilibrium

Dirk Bergemann () and Stephen Morris ()

Working Papers from Princeton University, Department of Economics, Econometric Research Program.

Abstract: A set of players have preferences over a set of outcomes. We consider the problem of an "information designer" who can choose an information structure for the players to serve his ends, but has no ability to change the mechanism (or force the players to make particular action choices). We describe a unifying perspective for information design. We consider a simple example of Bayesian persuasion with both an uninformed and informed receiver. We extend information design to many player and relate it to the literature on incomplete information correlated equilibrium.

Keywords: Information Design; Bayesian Persuasion; Bayes Correlated Equilibrium; Information Structure (search for similar items in EconPapers)
JEL-codes: D82 D83 C72 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth and nep-mic
Date: 2016-01
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Journal Article: Information Design, Bayesian Persuasion, and Bayes Correlated Equilibrium (2016) Downloads
Working Paper: Information Design, Bayesian Persuasion and Bayes Correlated Equilibrium (2016) Downloads
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