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recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
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recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
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We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...
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