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Speculative Attacks and Informational Structure: an Experimental Study

✍ Scribed by Camille Cornand


Book ID
111005797
Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
167 KB
Volume
14
Category
Article
ISSN
0965-7576

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## Abstract Participants in four studies were faced with everyday‐life decision scenarios involving risk, such as purchasing an airline ticket whose price may change. They were asked to state their maximum willingness to pay (WTP) for resolving the uncertainty with either perfect information or an