Question: How long before internet searches for "Delong economist" come up not with me but with this guy?: Delong Meng: Optimal Mechanisms for Repeated Communication: "We consider a repeated communication model with a long-run sender and a long-run receiver.... A biased adviser who prefers policy θ + b, whereas the receiver wants to implement policy θ. The sender’s utility is uS(a,θ) = -(a−θ−b)2, and the receiver’s utility is uR(a,θ)= −(a−θ)2.... For the optimal mechanism the receiver chooses a function a(ht) that maximizes her expected payoff with respect to the sender’s incentive constraint.... We characterize the payoff set as the discount factor goes to one, and we analyze the rate of convergence to points on the frontier of this limit payoff set...


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