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Bray Theory Workshop

Wednesday, October 16, 2013
4:00pm to 5:00pm
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Baxter B125
Competition in Persuasion
Emir Kamenica, Professor of Economics, The University of Chicago Booth School of Business,

We study symmetric information games where a number of senders choose what information to generate. Does competition between the senders increase the amount of information revealed? We show that, in general, competition may increase or decrease information revelation. We identify the necessary and sufficient condition that guarantees that equilibrium outcomes are more informative than collusive outcomes. We also examine how introducing additional senders and decreasing the alignment of senders' preferences impacts equilibrium information revelation.

For more information, please contact Jenny Niese by phone at Ext. 6010 or by email at jenny@hss.caltech.edu.