Frédéric Koessler
Biographic Data
| ID | 5867733 |
|---|---|
| NAME | Frédéric Koessler |
| GIVEN NAMES | Frédéric |
| FAMILY NAME | Koessler |
| SIGNATURE | KOESSLER F |
| AFFILIATIONS | Paris School of Economics |
| ORCID | 0000-0001-7707-4217 |
| VERIFIED | Yes |
| TOTAL WORKS | 26 |
| TOTAL CITATIONS | 4 |
| WORKS AS AUTHOR | 26 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2001 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
Interacting Mechanisms a Perspective on Generalized Principal-Agent Problems1
Informed Information Design
We study informed persuasion, whereby a privately informed designer without ex ante commitment power chooses disclosure mechanisms to influence agents’ actions. We characterize the subset of Bayes-correlated equilibria yielding every designer type a payoff higher than what they could get from any disclosure mechanism with credible beliefs. This set of interim-optimal mechanisms is nonempty and tractable, and all its elements are perfect Bayesian …
Selective memory of a psychological agent
Cheap talk with coarse understanding
Selling with evidence
We study the informed‐principal problem in a bilateral asymmetric information trading setting with interdependent values and quasi‐linear utilities. The informed seller proposes a mechanism and voluntarily certifies information about the good's characteristics. When the set of certifiable statements is sufficiently rich, we show that there is an ex ante profit‐maximizing selling procedure that is an equilibrium of the mechanism proposal game. In …
Evidence reading mechanisms
The Streisand effect
Truthtelling in Matching Markets
We analyze a search and matching model with non‐transferable utility and asymmetric information. Randomly paired agents go through an evaluation phase, at the end of which they discover each other's types and choose to match or not. Before deciding to enter this phase, agents can communicate through cheap talk. We provide conditions for this communication to be informative, and we examine how it affects agents' welfare. We show that communication…
Hard evidence and ambiguity aversion
Informed seller with taste heterogeneity
Full disclosure in decentralized organizations
Sales Talk
Extortion and political-risk insurance
Certifiable Pre-Play Communication
This article asks when communication with certifiable information leads to complete information revelation. We consider Bayesian games augmented by a pre-play communication phase in which announcements are made publicly. We first characterize the augmented games in which there exists a fully revealing sequential equilibrium with extremal beliefs (i.e., any deviation is attributed to a single type of the deviator). Next, we define a class of games…
Using or hiding private information? An experimental study of zero-sum repeated games with incomplete information
Information aggregation and belief elicitation in experimental parimutuel betting markets
When does a firm disclose product information
A firm chooses a price and the product information it discloses to a consumer whose tastes are privately known. We provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome whatever the costs and prior beliefs about product and consumer types. It allows for products with different qualities as well as some horizontal match heterogeneity. With independently distributed product and c…
Committing to transparency to resist corruption
Using or Hiding Private Information? An Experimental Study of Zero-Sum Repeated Games with Incomplete Information
Strategic Communication Networks
We consider situations in which every agent would like to take an action that is coordinated with those of others, as well as close to a common state of nature, with the ideal proximity to that state varying across agents. Before this coordination game is played, agents decide to whom they reveal their private information about the state. The information transmission occurring in the cheap-talk communication stage is characterized by a strategic …
Long persuasion games
Lobbying with two audiences
Revisiting games of incomplete information with analogy-based expectations
Biais en faveur de l'outsider et nature des mises sur un marché expérimental de pari mutuel
Cet article étudie la présence, la persistance et la robustesse vis-à-vis de la nature des montants monétaires misés du biais en faveur de l’outsider dans un marché expérimental de pari mutuel. Le protocole expérimental considéré est le plus simple possible : chaque parieur mise en séquence une unité monétaire sur l’une des deux alternatives disponibles, l’ordre dans lequel les parieurs prennent leurs décisions est fixé de manière exogène, et le …
Coordination des politiques budgétaires et monétaires dans l'uem en présence de chocs et d'informations asymétriques
Cet article analyse les interactions stratégiques entre la Banque centrale européenne et les États membres de la zone euro dans un modèle où chaque gouvernement détient des informations privées sur le choc affectant sa propre économie. Nous nous intéressons aux conséquences de ces asymétries d’information sur les décisions budgétaires et monétaires puis nous étudions les possibilités de manipulation d’information par les États membres. Nous montr…
Informed Information Design
We study informed persuasion, whereby a privately informed designer without ex ante commitment power chooses disclosure mechanisms to influence agents’ actions. We characterize the subset of Bayes-correlated equilibria yielding every designer type a payoff higher than what they could get from any disclosure mechanism with credible beliefs. This set of interim-optimal mechanisms is nonempty and tractable, and all its elements are perfect Bayesian …
Committing to transparency to resist corruption
Common knowledge and consensus with noisy communication
Coordination des politiques budgétaires et monétaires dans l'uem en présence de chocs et d'informations asymétriques
Cet article analyse les interactions stratégiques entre la Banque centrale européenne et les États membres de la zone euro dans un modèle où chaque gouvernement détient des informations privées sur le choc affectant sa propre économie. Nous nous intéressons aux conséquences de ces asymétries d’information sur les décisions budgétaires et monétaires puis nous étudions les possibilités de manipulation d’information par les États membres. Nous montr…
Biais en faveur de l'outsider et nature des mises sur un marché expérimental de pari mutuel
Cet article étudie la présence, la persistance et la robustesse vis-à-vis de la nature des montants monétaires misés du biais en faveur de l’outsider dans un marché expérimental de pari mutuel. Le protocole expérimental considéré est le plus simple possible : chaque parieur mise en séquence une unité monétaire sur l’une des deux alternatives disponibles, l’ordre dans lequel les parieurs prennent leurs décisions est fixé de manière exogène, et le …
Revisiting games of incomplete information with analogy-based expectations
Long persuasion games
Lobbying with two audiences
Strategic Communication Networks
We consider situations in which every agent would like to take an action that is coordinated with those of others, as well as close to a common state of nature, with the ideal proximity to that state varying across agents. Before this coordination game is played, agents decide to whom they reveal their private information about the state. The information transmission occurring in the cheap-talk communication stage is characterized by a strategic …
Using or Hiding Private Information? An Experimental Study of Zero-Sum Repeated Games with Incomplete Information
Using or hiding private information? An experimental study of zero-sum repeated games with incomplete information
Information aggregation and belief elicitation in experimental parimutuel betting markets
When does a firm disclose product information
A firm chooses a price and the product information it discloses to a consumer whose tastes are privately known. We provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome whatever the costs and prior beliefs about product and consumer types. It allows for products with different qualities as well as some horizontal match heterogeneity. With independently distributed product and c…
Committing to transparency to resist corruption
Sales Talk
Extortion and political-risk insurance
Certifiable Pre-Play Communication
This article asks when communication with certifiable information leads to complete information revelation. We consider Bayesian games augmented by a pre-play communication phase in which announcements are made publicly. We first characterize the augmented games in which there exists a fully revealing sequential equilibrium with extremal beliefs (i.e., any deviation is attributed to a single type of the deviator). Next, we define a class of games…
Full disclosure in decentralized organizations
Truthtelling in Matching Markets
We analyze a search and matching model with non‐transferable utility and asymmetric information. Randomly paired agents go through an evaluation phase, at the end of which they discover each other's types and choose to match or not. Before deciding to enter this phase, agents can communicate through cheap talk. We provide conditions for this communication to be informative, and we examine how it affects agents' welfare. We show that communication…
Hard evidence and ambiguity aversion
Informed seller with taste heterogeneity
The Streisand effect
Selling with evidence
We study the informed‐principal problem in a bilateral asymmetric information trading setting with interdependent values and quasi‐linear utilities. The informed seller proposes a mechanism and voluntarily certifies information about the good's characteristics. When the set of certifiable statements is sufficiently rich, we show that there is an ex ante profit‐maximizing selling procedure that is an equilibrium of the mechanism proposal game. In …
Evidence reading mechanisms
Cheap talk with coarse understanding
Selective memory of a psychological agent
Informed Information Design
We study informed persuasion, whereby a privately informed designer without ex ante commitment power chooses disclosure mechanisms to influence agents’ actions. We characterize the subset of Bayes-correlated equilibria yielding every designer type a payoff higher than what they could get from any disclosure mechanism with credible beliefs. This set of interim-optimal mechanisms is nonempty and tractable, and all its elements are perfect Bayesian …
Computer Science (21 works) · Auction Theory and Applications (18 works) · Economics (18 works) · Game Theory and Applications (18 works) · Microeconomics (12 works) · Experimental Behavioral Economics Studies (11 works) · Business (10 works) · Mathematical economics (10 works) · Private information retrieval (8 works) · Game Theory and Voting Systems (7 works)