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In this paper, the authors use a model of tax competition to study the role of information sharing in common agency problems.
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We investigate the effect of introducing costs of complexity in the N-person unaimity bargaining game.
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In this note we show that, for generic plurality games (i.e., voting games under plurality rule), an equilibrium that induces a mixed distribution over the outcomes (i.e., with two or more candidates elected with positive probability), is regular and hence, a Mertens' stable set.
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