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Caltech

Ulric B. and Evelyn L. Bray Social Sciences Seminar

Wednesday, April 10, 2019
4:00pm to 5:00pm
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Baxter B125
Persuasion Meets Delegation
Anton Kolotilin, Associate Professor, UNSW Business School,

Abstract: A principal can restrict an agent's information (the persuasion problem) or restrict an agent's discretion (the delegation problem). We show that these problems are generally equivalent -- solving one solves the other. We use tools from the persuasion literature to generalize and extend many results in the delegation literature, as well as to address novel delegation problems, such as monopoly regulation with a participation constraint.

Click here to read the full paper, written with Andriy Zapechelnyuk.

For more information, please contact Mary Martin by phone at 626-395-4571 or by email at [email protected].