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A policymaker selects a group of citizens—a minipublic—to advise her on the desirability of a policy. Each citizen can discover local evidence about the policy but might prefer not to due to political uncertainty in the policymaker’s adoption threshold. Such uncertainty is detrimental to...
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We analyze a social learning model where the agents' utility depends not only on an unknown common component but also on an unknown idiosyncratic component. Each agent splits a learning budget between the two components. We characterize the optimal learning decisions and find necessary and...
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Procurement regulation aimed at curbing discrimination requires equal treatment of sellers. However, Deb and Pai (2017) show that such regulation imposes virtually no restrictions on the ability to discriminate. We propose a simple rule - imitation perfection - that restricts discrimination...
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