Frédéric Koessler et Vasiliki Skreta : « Information Design by an Informed Designer » (PSE WP 2021)
A designer is privately informed about the state and chooses an information disclosure mechanism to influence the decisions of multiple agents playing a game. We define an intuitive class of incentive compatible information disclosure mechanisms which we coin interim optimal mechanisms. We prove that an interim optimal mechanism exists, and that it is an equilibrium […]