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When AI prediction substantially resolves trial uncertainty, a party purchasing AI prediction will disclose it if it is in their favour and not otherwise, signalling the outcome to the other party. Thus, the trial outcome becomes common knowledge. However, this implies that the parties will...
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Unions and collective bargaining play a central role in shaping wages and influencing firms' employment decisions and … firms where collective bargaining applies. There is strong evidence for a union-non-union wage premium, even for individuals … working similar jobs. At the same time, wages are higher in firms under collective bargaining, even in similar firms in the …
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