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they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …
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We propose nonparametric definitions of absolute and comparative naivete. These definitions leverage ex-ante choice of menu to identify predictions of future behavior and ex-post (random) choices from menus to identify actual behavior. The main advantage of our definitions is their...
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they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …
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