G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7970
DP7970 Pandering to Persuade
Wouter Dessein; Yeon-Koo Che; Navin Kartik
发表日期2010-08-08
出版年2010
语种英语
摘要A principal chooses one of n>=2 projects or an outside option. An agent is privately informed about the projects' benefits and shares the principal's preferences except for not internalizing her value from the outside option. We show that strategic communication is characterized by pandering: the agent biases his recommendation toward good-looking projects--those with appealing observable attributes--even when both parties would be better off with some other project. Projects become more acceptable when pitched against a stronger slate of alternatives. We study organizational responses to the pandering distortion, such as delegation and choosing to be less informed.
主题Industrial Organization
关键词Decision processes Delegation Multi-dimensional cheap talk Pandering Persuasion Resource allocation
URLhttps://cepr.org/publications/dp7970
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536807
推荐引用方式
GB/T 7714
Wouter Dessein,Yeon-Koo Che,Navin Kartik. DP7970 Pandering to Persuade. 2010.
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