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We design optimal mechanism to collect revenues from nonrenewable resource exploitation, when the resource must be explored and discovered and when there is asymmetric information. The exploration …
This paper examines reference-dependent stopping in repeated risky decisionmaking and its relation to skill dependence and individual ability. Using field data from online heads-up poker tournaments, …
Abigail R. Banan, Torsten Santavirta, and Miguel Sarzosa
We study the role of childhood gender conformity in generating gender gaps. We present a conceptual framework that uses gender norms to explain why some women make less profitable choices than …