Hodler, RolandRolandHodlerLoertscher, SimonSimonLoertscherRohner, DominicDominicRohner2023-04-132023-04-132014-08-01https://www.alexandria.unisg.ch/handle/20.500.14171/8656910.1016/j.econlet.2014.05.013We study the strategic interaction between a decision maker who needs to take a binary decision but is uncertain about relevant facts and an informed expert who can send a message to the decision maker but has a preference over the decision. We show that the probability that the expert can persuade the decision maker to take the expert's preferred decision is a hump-shaped function of his costs of sending dishonest messages.enjournal article