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Infinite sequences of random (nearly independent) binary digits can be generated having (almost certainly) a remarkable property. Observation of any nonzero fraction such as sequence makes it possible to calculate the values of all the unobserved digits.
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Firms often delegate important decisions to committees which are set up specifically for that purpose; for example selection committees. We analyze the equilibrium behavior of a game in which committee members (the players) interview candidates sequentially, either hiring or going on to the next...
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