<p>A persuader influences a decision maker by providing a narrative for interpreting upcoming news. The decision maker adopts the narrative if it does not distort the marginal distribution of news. Both parties can benefit if the persuader can provide news-contingent (overall incoherent) narratives, privately learn the truth, or design the process of news arrival.</p>

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The perils of a coherent narrative

  • Alessandro Ispano

摘要

A persuader influences a decision maker by providing a narrative for interpreting upcoming news. The decision maker adopts the narrative if it does not distort the marginal distribution of news. Both parties can benefit if the persuader can provide news-contingent (overall incoherent) narratives, privately learn the truth, or design the process of news arrival.