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Persistent link: https://www.econbiz.de/10011957621
We consider a common-value voting in which the state of the nature is a pair of payoff-relevant state and a variable that determines the precision and the meaning of voters' private signals. Each voter receives noisy signals about both of the states. When the number of voters is sufficiently...
Persistent link: https://www.econbiz.de/10012898607