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Despite well-documented benefits of wearing a mask to reduce COVID-19 transmission, widespread opposition to mandating mask-wearing persists. Both our game-theoretic model and our unique survey dataset point to heterogeneity in the perceived benefits and perceived costs of mask-wearing. Young,...
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This paper examines a moral hazard problem where the principal observes a location signal of the agent's unobserved effort. When the agent incurs costlier effort the demand for the agent's services is ex-ante more spread out over a location measure of demand. If location outcomes are informative...
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