Competition in Persuasion - Booth School of Business
GENTZKOW & KAMENICA COMPETITION IN PERSUASION 301 for that firm’s drug. The firms maximize the number of consumers buying their drugs. We can represent this situation as the following normal form game:2 null reveal2 null.25,.25.40,.20 reveal1.20,.40.34,.34 This is a Prisoner’s Dilemma. Revealing information is beneficial for the firms ...
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