Authors
Shaddin Dughmi, Rad Niazadeh, Alexandros Psomas, S Matthew Weinberg
Publication date
2019
Conference
Web and Internet Economics: 15th International Conference, WINE 2019, New York, NY, USA, December 10–12, 2019, Proceedings 15
Pages
142-155
Publisher
Springer International Publishing
Description
Lagrangian duality underlies both classical and modern mechanism design. In particular, the dual perspective often permits simple and detail-free characterizations of optimal and approximately optimal mechanisms. This paper applies this same methodology to a close cousin of traditional mechanism design, one which shares conceptual and technical elements with its more mature relative: the burgeoning field of persuasion. The dual perspective permits us to analyze optimal persuasion schemes both in settings which have been analyzed in prior work, as well as for natural generalizations which we are the first to explore in depth. Most notably, we permit combining persuasion policies with payments, which serve to augment the persuasion power of the scheme. In both single and multi-receiver settings, as well as under a variety of constraints on payments, we employ duality to obtain structural insights, as well …
Total citations
2020202120222023202425533
Scholar articles
S Dughmi, R Niazadeh, A Psomas, SM Weinberg - Web and Internet Economics: 15th International …, 2019