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in practice. However, the risk sharing partnership may lead to project failure in the forms of excessive delays and cost …1. Problem Definition: This article explores the incentive issues and gaming behaviors of firms under risk sharing … partnerships in a project management setting, motivated by real-life examples. 2. Academic/Practical relevance: Collaboration …
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Overbidding in auctions has been attributed to e.g. risk aversion, loser regret, level-k, and cursedness, relying on …
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