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We consider a single object, independent private value auction model with entry. Potential bidders are ex ante symmetric and randomize about entry. After entry, each bidder incurs a cost, then learns her private value and a set of signals that may lead to updated beliefs about other entrants'...
Persistent link: https://www.econbiz.de/10008502292
We consider a single object, independent private value auction model with entry. Potential bidders are ex ante symmetric and randomize about entry. After entry, each bidder incurs a cost, then learns her private value and a set of signals that may lead to updated beliefs about other entrants'...
Persistent link: https://www.econbiz.de/10010640056
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Areas of high conservation value are often baited with poison to reduce the density of invasive predators, and consequentially reduce the impact on native animals. Poison baits are typically distributed uniformly across a landscape, but there has been no work to determine if this is a...
Persistent link: https://www.econbiz.de/10010728112
Policymakers in Latin America increasingly are turning to policies that have high economic rates of return and a favorable impact on income distribution. By providing financial services to small businesses and poor households -which normally lack such services- credit unions help secure growth...
Persistent link: https://www.econbiz.de/10010943492
Policymakers in Latin America increasingly are turning to policies that have high economic rates of return and a favorable impact on income distribution. By providing financial services to small businesses and poor households -which normally lack such services- credit unions help secure growth...
Persistent link: https://www.econbiz.de/10010772425