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Author Question: Appendix: Incentive-compatible revelation mechanisms attempt to a. induce an employee to reject the ... (Read 64 times)

burchfield96

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Appendix: Incentive-compatible revelation mechanisms attempt to
 a. induce an employee to reject the next best alternative employment opportunity
  b. elicit privately-held information
  c. secure enforcement primarily by third parties
  d. reject voluntary contracting with third parties
  e. impose similar risk premiums on all employees

Question 2

If the bidders at an oral auction have true values of 8, 7, 6, and 5, the item will sell for
 a. 8
  b. 7
  c. just over 7
  d. just under 7



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aruss1303

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Answer to Question 1

b

Answer to Question 2

c




burchfield96

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


bblaney

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Reply 3 on: Yesterday
Wow, this really help

 

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