Frequentist Persuasion — c_N(z)
Frequentist Persuasion c_N(z) · π(z) · V_N(z) as functions of lying probability
Parameters
μ₀ = Pr[guilty] 0.30
N (sample size) 20
Benchmarks
z^KG
—
μ₀ / (1−μ₀) · limit of z*(N)
c_N(z^KG)
—
converges to ½ from above
c_N(z) = Pr[convict] · faint = π(z) = Pr[m=guilty]
V_N(z) = π(z) · c_N(z) — prosecutor value