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An incumbent employee competes against a new hire for bonus or promotion. The incumbent’s ability is commonly known, while that of the new hire is private information. The incumbent is subject to a perceptional bias: His prior about the new hire’s type differs from the true underlying...
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Two potentially asymmetric players compete for a prize of common value, which is initially unknown, by exerting efforts. A designer has two instruments for contest design. First, she decides whether and how to disclose an informative signal of the prize value to players. Second, she sets the...
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Players often engage in high-profile public communications to demonstrate their confidence of winning before they carry out actual competitive activities. This paper investigates players' incentives to conduct such pre-contest communication. We assume that a player suffers a cost when he sends a...
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Ammonia fiber expansion (AFEX) combined with white rot fungi treatment of three lignocellulose to improve enzymatic saccharification. In this study, lignocellulose was treated with only Pleurotus ostreatus , only AFEX, and combined with two methods to research the degradation rate of lignin and...
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