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Research: Missing Product Information Doesn’t Bother Consumers as Much as It Should

Harvard Business Review

In 2015, North Carolina Senator Thom Tillis suggested during a talk that a regulation requiring employees to wash their hands after using the bathroom was unnecessary. However, it was somewhat in line with game-theory predictions regarding disclosure. Drawing Attention to Noncompliance. The market will take care of that.”

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A Wall Won’t Secure the U.S.-Mexico Border, but Economic Policy Could

Harvard Business Review

In game theory, this sort of situation is known as a “chicken-and-egg problem.” ” Fortunately, game theory provides a way to crack such strategic challenges: by incentivizing either side to “move first” in choosing legal over undocumented immigration.