Feasible Conditional Belief Distributions
Theoretical Economics
2024-11-19 v2 Computer Science and Game Theory
Abstract
Agents receive private signals about an unknown state. The resulting joint belief distributions are complex and lack a simple characterization. Our key insight is that, when conditioned on the state, the structure of belief distributions simplifies: feasibility constrains only the marginal distributions of individual agents across states, with no joint constraints within a state. We apply this insight to multi-receiver persuasion, identifying new tractable cases and introducing optimal transportation and duality tools.
Cite
@article{arxiv.2307.07672,
title = {Feasible Conditional Belief Distributions},
author = {Itai Arieli and Yakov Babichenko and Fedor Sandomirskiy},
journal= {arXiv preprint arXiv:2307.07672},
year = {2024}
}
Comments
subsumes the old paper titled "Persuasion as Transportation"