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economic laboratory experiment. The underlying theoretical framework relies on the modeling concepts from game theory and …
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expand to new destinations. We develop a model based on experimentation to rationalize these and other dynamic patterns of …
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We analyse an agency model where one individual decides how much evidence he collects. We assume that he has free access to information, but all the news acquired becomes automatically public. Conditional on the information disclosed, a second individual with conflicting preferences undertakes...
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the Phillips curve the less does optimal policy aim towards learning. …
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