{"title":"Informativeness and Trust in Bayesian Persuasion","authors":"Reema Deori, Ankur A. Kulkarni","doi":"arxiv-2408.13822","DOIUrl":null,"url":null,"abstract":"A persuasion policy successfully persuades an agent to pick a particular\naction only if the information is designed in a manner that convinces the agent\nthat it is in their best interest to pick that action. Thus, it is natural to\nask, what makes the agent trust the persuader's suggestion? We study a Bayesian\npersuasion interaction between a sender and a receiver where the sender has\naccess to private information and the receiver attempts to recover this\ninformation from messages sent by the sender. The sender crafts these messages\nin an attempt to maximize its utility which depends on the source symbol and\nthe symbol recovered by the receiver. Our goal is to characterize the\n\\textit{Stackelberg game value}, and the amount of true information revealed by\nthe sender during persuasion. We find that the SGV is given by the optimal\nvalue of a \\textit{linear program} on probability distributions constrained by\ncertain \\textit{trust constraints}. These constraints encode that any signal in\na persuasion strategy must contain more truth than untruth and thus impose a\nfundamental bound on the extent of obfuscation a sender can perform. We define\n\\textit{informativeness} of the sender as the minimum expected number of\nsymbols truthfully revealed by the sender in any accumulation point of a\nsequence of $\\varepsilon$-equilibrium persuasion strategies, and show that it\nis given by another linear program. Informativeness is a fundamental bound on\nthe amount of information the sender must reveal to persuade a receiver. Closed\nform expressions for the SGV and the informativeness are presented for\nstructured utility functions. This work generalizes our previous work where the\nsender and the receiver were constrained to play only deterministic strategies\nand a similar notion of informativeness was characterized. Comparisons between\nthe previous and current notions are discussed.","PeriodicalId":501188,"journal":{"name":"arXiv - ECON - Theoretical Economics","volume":"17 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - ECON - Theoretical Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2408.13822","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
A persuasion policy successfully persuades an agent to pick a particular
action only if the information is designed in a manner that convinces the agent
that it is in their best interest to pick that action. Thus, it is natural to
ask, what makes the agent trust the persuader's suggestion? We study a Bayesian
persuasion interaction between a sender and a receiver where the sender has
access to private information and the receiver attempts to recover this
information from messages sent by the sender. The sender crafts these messages
in an attempt to maximize its utility which depends on the source symbol and
the symbol recovered by the receiver. Our goal is to characterize the
\textit{Stackelberg game value}, and the amount of true information revealed by
the sender during persuasion. We find that the SGV is given by the optimal
value of a \textit{linear program} on probability distributions constrained by
certain \textit{trust constraints}. These constraints encode that any signal in
a persuasion strategy must contain more truth than untruth and thus impose a
fundamental bound on the extent of obfuscation a sender can perform. We define
\textit{informativeness} of the sender as the minimum expected number of
symbols truthfully revealed by the sender in any accumulation point of a
sequence of $\varepsilon$-equilibrium persuasion strategies, and show that it
is given by another linear program. Informativeness is a fundamental bound on
the amount of information the sender must reveal to persuade a receiver. Closed
form expressions for the SGV and the informativeness are presented for
structured utility functions. This work generalizes our previous work where the
sender and the receiver were constrained to play only deterministic strategies
and a similar notion of informativeness was characterized. Comparisons between
the previous and current notions are discussed.