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experiment that regularly produces valuation bubble and crash events. Global sessions involved real time trades between subjects …
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We examine democratic public-good provision with heterogeneous legislators. Decisions are taken by majority rule and an agenda-setter proposes a level of the public good, taxes, and subsidies. Members are heterogeneous with respect to their benefits from the public good. We find that, depending...
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. By means of a laboratory experiment, we will investigate the effect of quantity and quality of information,present in a …
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