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  • Precision may harm: The comparative statics of imprecise judgement 

    Horan, Sean; Manzini, Paola (Université de Montréal. Département de sciences économiques., 2018-08)
    We consider an agent whose information about the objects of choice is imperfect in two respects: first, their values are perceived with ‘error’; and, second, the realised values cannot be discriminated with absolute ‘precision’. Reasons for imprecise ...