Persuading a Behavioral Agent: Approximately Best Responding and Learning

arXiv:2302.03719v2 Announce Type: replace-cross
Abstract: The classic Bayesian persuasion model assumes a Bayesian and best-responding receiver. We study a relaxation of the Bayesian persuasion model where the receiver can approximately best respond to the sender's signaling scheme. We show that, under natural assumptions, (1) the sender can find a signaling scheme that guarantees itself an expected utility almost as good as its optimal utility in the classic model, no matter what approximately best-responding strategy the receiver uses; (2) on the …

abstract agent arxiv assumptions bayesian cs.gt cs.lg econ.th natural persuasion show study type