International College of Economics and Finance

ICEF/LFE Research Seminar by Tymofiy Mylovanov (University of Pittsburgh)

On Monday, May 26 at 4.40 pm International College of Economics and Finance and International Labouratory of Financial Economics held a research seminar in Finance.
Speaker: Tymofiy Mylovanov (University of Pittsburgh)

Theme: «Persuasion Design with Applications to Media Censorship, Advertising, and Certification» joint with Anton Kolotilin, Ming Li, and Andriy Zapechelnyuk.
Venue: Shabolovka st., 26, room 3211

Abstract: The paper studies a optimal Bayesian persuasion policy in environments with heterogeneous audience. We characterize optimal policies and provide conditions on heterogeneity that make full disclosure and no disclosure optimal. We apply our results to study optimal censorhip of media markets by governments, optimal advertising policy by a producer, and optimal ranking policy by a certification agency. 

Everyone interested is welcome to attend!

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