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PDF Availablehttps://doi.org/10.1016/j.econlet.2011.11.044
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Cite Journal: Economics Letters |  Publication Date: Dec 13, 2011 |
 License type: other-oa |
Affiliation: University of Bonn, Ludwig-Maximilians-Universität München
This paper proposes an extension of the valuation equilibrium concept (Jehiel and Samet, 2007), which partly endogenises the underlying grouping of actions. The effect on equilibrium predictions is illustrated in a burning money game.
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