"Know thyself": information design with elusive receivers

dc.contributor.advisorFigueroa González, Nicolás Andrés
dc.contributor.advisorMontero, Juan Pablo
dc.contributor.authorDíaz Titelman, Viviana
dc.contributor.otherPontificia Universidad Católica de Chile. Instituto de Economía
dc.date2022-01-06
dc.date.accessioned2022-01-06T18:48:12Z
dc.date.issued2021
dc.date.updated2022-01-05T18:13:05Z
dc.descriptionTesis (Magíster en Economía)--Pontificia Universidad Católica de Chile, 2021
dc.description.abstractIn some contexts, agents might be uncertain on how their chosen actions payoff. On the other side of the market, firms can use this uncertainty to induce their preferred actions. We develop a dynamic principal-agent model in which the agent strategically chooses whether or not (and to what extent) to inform herself on an unknown parameter of her utility function. Information on this parameter is valued tomorrow but is costly today. We find that for certain prior beliefs of said parameter, information acquisition is optimal. The principal has an objective function that depends on the agent's decision and knows the agent's optimal strategy. So, he intervenes in her chosen actions by designing distributions of posterior beliefs. In particular, we explore three instruments for the principal that determine (i) the precision of the information the agent acquires and (ii) the chances that the agent chooses to get informed.
dc.format.extent56 páginas
dc.fuente.origenAutoarchivo
dc.identifier.doi10.7764/tesisUC/ECO/63128
dc.identifier.urihttps://doi.org/10.7764/tesisUC/ECO/63128
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/63128
dc.information.autorucInstituto de Economía ; Figueroa González, Nicolás Andrés ; S/I ; 1010172
dc.information.autorucInstituto de Economía ; Montero, Juan Pablo ; 0000-0002-6815-0158 ; 87534
dc.information.autorucFacultad de ciencias económicas y administrativas ; Díaz Titelman, Viviana ; S/I ; 235981
dc.language.isoen
dc.nota.accesoContenido completo
dc.rightsacceso abierto
dc.subject.ddc519.542
dc.subject.deweyMatemática física y químicaes_ES
dc.subject.otherTeoría bayesiana de decisiones estadísticases_ES
dc.subject.otherDecisiones Estadísticases_ES
dc.subject.otherIncertidumbre (Economía) - Modelos econométricoses_ES
dc.subject.otherValor (Economía)es_ES
dc.subject.otherSistemas de apoyo de decisioneses_ES
dc.subject.otherEstudiantes universitarios - Chile - Actitudes
dc.title"Know thyself": information design with elusive receivers
dc.typetesis de maestría
sipa.codpersvinculados1010172
sipa.codpersvinculados87534
sipa.codpersvinculados235981
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