00972nam a22001097a 4500008004100000100002100041245003300062260003500095300003500130520066200165773003500827221226b ||||| |||| 00| 0 eng d aMensch, Jeffrey  aScreening inattentive buyers aThe American Economic Review  a112(6), Jun, 2022: p.1949-1984 aInformation plays a crucial role in mechanism design problems. A potential complication is that buyers may be inattentive, and so their information may endogenously and flexibly depend on the offered mechanism. I show that it is without loss of generality to consider contour mechanisms, which comprise triplets of allocation probabilities, prices, and beliefs, and are uniquely determined by a single such point. The mechanism design problem then reduces to Bayesian persuasion along the optimal contour. This reduction has significant implications for both the implementation of the optimal mechanism and the revenues that can be achieved. – Reproduced  aThe American Economic Review