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RSE AMETS Seminar | A/Prof Anton Kolotinin (UNSW)

RSE AMETS Seminar | A/Prof Anton Kolotinin

Persuasion Meets Delegation

A principal can restrict an agent’s information (the persuasion prob- lem) or restrict an agent’s discretion (the delegation problem). We show that these problems are generally equivalent — solving one solves the other. We use tools from the persuasion literature to generalize and extend many results in the delega- tion literature, as well as to address novel delegation problems, such as monopoly regulation with a participation constraint.

Link to full paper: http://www.kolotilin.com/papers/delegation.pdf

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