Posterior separable cost of information
T Denti - American Economic Review, 2022 - aeaweb.org
We provide testable conditions under which the cost of acquiring information is given by the
expected reduction of a measure of uncertainty (eg, entropy). The assumption, under the …
expected reduction of a measure of uncertainty (eg, entropy). The assumption, under the …
Optimal persuasion via bi‐pooling
Mean‐preserving contractions are critical for studying Bayesian models of information
design. We introduce the class of bi‐pooling policies, and the class of bi‐pooling …
design. We introduce the class of bi‐pooling policies, and the class of bi‐pooling …
Market segmentation through information
An information designer has precise information about consumers' preferences over
products sold by oligopolists. The designer chooses what information to reveal to …
products sold by oligopolists. The designer chooses what information to reveal to …
Predicting choice from information costs
E Lipnowski, D Ravid - ar** times $\unicode {x2013} $ random times DM stops paying …