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A collection of Ken Binmore's influential papers on bargaining experiments, with the author's newly written commentary addressing the challenges to game theory posed by the behavioral school of economics.
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decision-makers instead of concentrated as it is in a situation of embezzlement. In an additional experiment eliciting social …
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A core responsibility of a central bank is to ensure financial stability by acting as the "lender of last resort" through its Discount Window. The Discount Window, however, has not been effective because its usage is stigmatized. In this paper, we study experimentally how such stigma can be...
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