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The present paper develops a simple asymmetrical informational model that allows us to understand the individual´s willingness to participate in a strike. We develop and compare two signaling models of strikes: in one, firms are able to monitor and enforce hours and offer different workweeks to...
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Diagnostic tests provide valuable information to buyers about credence attributes like food safety and GMO content. Errors in testing, however, can mislead buyers and lead to problems like adverse selection. The ability to segregate suppliers who can deliver safe food from suppliers who cannot...
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