Persuasion with verifiable information

• 成果类型: Article
• 署名作者: Titova, Maria; Zhang, Kun
• 署名单位: Vanderbilt University; Vanderbilt University; University of Queensland
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2025.106102
• 发表日期: 2025
• 关键词: disclosure

摘要

This paper studies a game in which an informed sender with state-independent preferences uses verifiable messages to convince a receiver to choose an action from a finite set. We characterize the equilibrium outcomes of the game and compare them with commitment outcomes in information design. We provide conditions under which a commitment outcome is an equilibrium outcome and identify environments in which the sender does not benefit from commitment power. Our findings offer insights into the interchangeability of verifiability and commitment in applied settings.