Jeffrey Ely

Department of Economics

Northwestern University

2211 Campus Dr Evanston, IL 60208

Curriculum Vitae

©2019 by Jeffrey Ely.

  • Jeff Ely

Beeps

Updated: May 14, 2019

I introduce and study dynamic persuasion mechanisms. A principal privately observes the evolution of a stochastic process and sends messages over time to an agent. The agent takes actions in each period based on her beliefs about the state of the process and the principal wishes to influence the agent’s action. I characterize the optimal persuasion mechanism and show how to derive it in applications. I then consider the extension to multiple agents where higher-order beliefs matter.


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