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{"ops":[{"insert":"6) Consider technology adoption decisions of two firms. Firm A has two possible types, either\u00a0\nhigh or low costs, with associated probabilities 2\/3 and 1\/3. Firm A observes its own type,\u00a0\nbut firm B cannot observe it. Graphically, firm A knows which payoff matrix firms are\u00a0\nplaying, while firm B can only assign a probability 2\/3 or1\/3 to playing the left-hand (right-\nhand) matrix.\n\n"}]}
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