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overconfidence. Cognitive uncertainty represents a decision maker's uncertainty about her action optimality. We present a simple …
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There exist evidence that asymmetrical information do exist between litigants: not in a way supporting Bebchuk (1984)'s assumption that defendants' degree of fault is a private information, but more likely, as a result of parties' predictive power of the outcome at trial (Osborne, 1999). In this...
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