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We investigate the effects of voting rules on delay in a multilateral bargaining experiment with costly communication … and before a proposal is made. In contrast to prior experiments, communication is directly associated with costs in our …
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, but then a bias term with unknown sign has to be estimated. We provide an estimator for this sign and the full programme …. Simulation results are also presented.It is weIl known that extreme value parameter estimators which balance the asymptotic bias …
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