Bayesian Bullshit

A bullshitter neither knows nor cares about the truth, and therefore, it has been asserted, is more pernicious than a liar. We examine this assertion within the standard model of cheap talk communication where a bullshitter is modeled as an uninformed Sender. We show that in some circumstances, un...

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Bibliographic Details
Main Authors: Sajan Srivastava, Tymofiy Mylovanov, Rakesh Vohra
Format: Article
Language:English
Published: Society for the Promotion of Mechanism and Institution Design 2024-12-01
Series:Journal of Mechanism and Institution Design
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Online Access: http://www.mechanism-design.org/arch/v009-1/p_03.pdf
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