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refined equilibrium always exists in our model, and that default, in conjunction with refinement, opens the door to a theory …
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equilibrium always exists in our model, and that default, in conjunction with refinement, opens the door to a theory of endogenous …
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equilibrium always exists in our model, and that default, in conjunction with refinement, opens the door to a theory of endogenous …
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empirical work that seeks to test the basic coverage-risk prediction of adverse selection theory--that is, that policyholders …
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Transparency has become a catchword and in the economic-political debate is often seen as a universal remedy for all sorts of problems. In this paper, we analyze and discuss the meaning and use of the concept of transparency in economic research. We look for common denominators across different...
Persistent link: https://www.econbiz.de/10010393290