Bayesian Bullshit
| Autor: | Sajan Srivastava, Tymofiy Mylovanov, Rakesh Vohra |
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| Jazyk: | angličtina |
| Rok vydání: | 2024 |
| Předmět: | |
| Zdroj: | Journal of Mechanism and Institution Design, Vol 9, Iss 1, Pp 13-53 (2024) |
| Druh dokumentu: | article |
| ISSN: | 2399-844X 2399-8458 |
| DOI: | 10.22574/jmid.2024.12.003 |
| Popis: | A bullshitter neither knows nor cares about the truth, and therefore, it has been asserted, is more pernicious than a liar. We examine this assertion within the standard model of cheap talk communication where a bullshitter is modeled as an uninformed Sender. We show that in some circumstances, uncertainty about whether the Sender is informed or not can increase the welfare of the Receiver. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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