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Using a laboratory experiment, we investigate whether contagion can emerge between two risky assets, even when their …
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Using a laboratory experiment, we investigate whether comovement can emerge between two risky assets, despite their …
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In this paper we propose and test a contracting mechanism, Multi-Contract Cost Sharing (MCCS), for use in the management of a sequence of projects. The mechanism is intended for situations where (1) the contractor knows more about the true costs of various projects than does the contracting...
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