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on the level of fraud, incidence of fraud and trade under price rigidity is examined. Consumers receive a costless but … equilibria involving fraud exist for all parameter values. Furthermore, for some parameter values, we find that -in equilibrium …- a higher precision of consumers' private information leads to higher levels of fraud and incidence of fraud, reducing …
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"In a world of imperfect information, reputations often guide the sequential decisions to trust and to reward trust. We consider two-player situations, where the trusted player, called the temptee, has a temptation to betray. The strength of the temptation to betray varies from encounter to...
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The new-old global business environment -- Corporate assets, frauds and other terms--what are they? -- Fraud …-related laws -- Corporations don't commit frauds, people do -- Fighting fraud--whose job is it anyway? -- Where there is a will … there is a way--fraud schemes -- Fraud cases and commentary--learning by example -- The international widget corporation …
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