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behavioral foundations of weapons acquisitions to a general theory of arms races, with implications for the role of negotiations …, the balance of power, the timing of crises, and nuclear proliferation. Recent developments in economic theory are also …
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This study tests whether disclosing a trader's identity dampens or stimulates subsequent trading volume based on the trader's reputation for being informed. While a reputation for being informed makes markets less liquid, thus inhibiting subsequent trade ("illiquidity effect"), the information...
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We analyze a class of dynamic games of information exchange between two players. Each agent possesses information about a binary state that is of interest to the other player and cares about the other player's actions. Preferences are additively separable over own and the other player's actions....
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