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further research and costs which may be incurred for obtaining supplementary information related to the ore deposit parameters …
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Costless and non-binding pre-play communication (cheap talk) has been found to often be effective in achieving efficient outcomes in experimental games. However, in previous two-player experimental games each player was informed about both his payoff and the action of the other player in the...
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We consider a model where agents work in sequence on a project, share information not available to the principal, and …
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