Article ID Journal Published Year Pages File Type
957296 Journal of Economic Theory 2011 36 Pages PDF
Abstract
I analyze a game between an uninformed decision maker and a possibly biased expert. The expert receives a set of arguments, and each argument favors one of two alternatives. He can disclose each argument credibly, but cannot prove whether he has disclosed everything. In all equilibria, the biased expert sends messages containing arguments both for and against his preferred alternative. However, the decision maker is not influenced by the unfavorable arguments revealed by the biased expert. The latter is able to convince the decision maker to choose the biased expertʼs preferred alternative only if he reveals sufficiently many favorable arguments.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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