Complex questionnaires

Research output: Contribution to journalArticlepeer-review

13 Scopus citations

Abstract

We study a principal-agent model in which the agent is boundedly rational in his ability to understand the principal's decision rule. The principal wishes to elicit an agent's true profile so as to determine whether or not to grant him a certain request. The principal designs a questionnaire and commits himself to accepting certain responses. In designing such a questionnaire, the principal takes into account the bounded rationality of the agent and wishes to reduce the success probability of a dishonest agent who is trying to game the system. It is shown that the principal can construct a sufficiently complex questionnaire that will allow him to respond optimally to agents who tell the truth and at the same time to almost eliminate the probability that a dishonest agent will succeed in cheating.

Original languageEnglish
Pages (from-to)1529-1541
Number of pages13
JournalEconometrica
Volume82
Issue number4
DOIs
StatePublished - Jul 2014

Funding

FundersFunder number
Seventh Framework Programme269143

    Keywords

    • Bounded rationality
    • Persuasion games
    • Questionnaires

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