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knowledge. We test this result in a laboratory experiment. The data cannot confirm the predicted welfare dominance of private …
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'non-MI' contexts involving other types of uncertainty detection and resolution. An experiment demonstrates the role of CE …
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In the theory of psychological games it is assumed that players preferences on material consequences depend on endogenous beliefs. Most of the applications of this theoretical framework assume that the psychological utility functions representing such preferences are common knowledge. But this...
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