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integrated markets, however, theory suggests that the impact of inflation on price dispersion disappears. Employing price data of … theory. -- Inflation ; Relative price variability ; Monetary search models ; European market integration …
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We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...
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