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Journal of Political Economy Vol. 120 No. 6 2012

A Model of Persuasion with Boundedly Rational Agents

Jacob Glazer1,2; Ariel Rubinstein3,4

1 Boston University · 2 Tel Aviv University · 3 American Friends of Tel Aviv University · 4 New York University

open access

Abstract

A new model of persuasion is presented. A listener first announces and commits to a codex (i.e., a set of conditions). The speaker then presents a (not necessarily true) profile that must satisfy the codex in order for the listener to be persuaded. The speaker is boundedly rational in the sense that his ability to come up with a persuasive profile is limited and depends on the true profile and the content and framing of the codex. The circumstances under which the listener can design a codex that will implement his goal are fully characterized.

DOI
10.1086/669160
Volume
120
Issue
6
Pages
1057-1082
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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