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    Exam 23: Moral Hazard and Adverse Selection: Informational Market Failures
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    An Equilibrium to a Game of Incomplete Information Where Players
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An Equilibrium to a Game of Incomplete Information Where Players

Question 24

Question 24

True/False

An equilibrium to a game of incomplete information where players of different types take identical actions so that others are not able to learn their types from observing the actions they take is called a pooling equilibrium.

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