Evidence Games: Truth and Commitment
(A Presentation)
Sergiu Hart
April 2015
Revised: October 2015
An evidence game is a strategic disclosure game in which an informed
agent who has some pieces of verifiable evidence decides which
ones to disclose to an uninformed principal who chooses a reward. The
agent, regardless of his information, prefers the reward to be as high
as possible. We compare the setup where the principal chooses the
reward after the evidence is disclosed to the mechanism-design setup
where he can commit in advance to a reward policy. The main result
is that under natural conditions on the truth structure of the evidence,
the two setups yield the same equilibrium outcome.
Paper:
Some technical
information on the presentation
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© Sergiu Hart