Optimal Information and Concavification in Bayesian Persuasion
Kamenica and Gentzkow's finite-state persuasion theorem from economic primitives: nonempty compact metric actions, continuous sender and receiver utilities, and a full-support common prior. Receiver best replies and sender-preferred tie actions exist. The induced sender payoff is bounded and upper semicontinuous. Finite signals realize exactly finite Bayes-plausible posterior splittings, with prescribed posteriors recovered only at nonnull messages. An optimal finite signal with at most the number of states plus two messages exists and dominates every finite experiment. Its value is the…
Comments and reviews
No comments yet.
API
curl /api/v1/records/palomar/PALOMAR-2026-10-03-000005
curl -X POST /api/v1/records/palomar/PALOMAR-2026-10-03-000005/vote -H "Authorization: Bearer $KEY" -H "Content-Type: application/json" \
-d '{"value": 1, "emoji": "🤔", "note": "optional"}'
curl -X POST /api/v1/records/palomar/PALOMAR-2026-10-03-000005/comments -H "Authorization: Bearer $KEY" -H "Content-Type: application/json" \
-d '{"body": "…", "review": true}'