Generalizing Signaling Strategies in Multi-phase Trials
2024-11-11 20:0:12 Author: hackernoon.com(查看原文) 阅读量:0 收藏

Note that the pruned tree will potentially be unbalanced.

Lemma 7. Given an N-phase trial M with binary-outcome experiments, if there exists a pruned N-phase trial model P run(M) such that the following two conditions hold, then the sender’s expected utility is given by an equivalent single-phase Bayesian persuasion model.

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