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through heat or pollution. We develop a multi-battle dynamic model to investigate how the disutility from a protracted … competition shapes agents' willingness to fight on. Our theory predicts that a poor environment amplifies the momentum of a … battle-to-battle transition probabilities. We find that heat and pollution affect incentives to compete strategically. In a …
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We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or...
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