(Continue) Suppose that all players except Ann have private signals with accuracy 0.75. Ann's signal accuracy is some q

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Continue Suppose That All Players Except Ann Have Private Signals With Accuracy 0 75 Ann S Signal Accuracy Is Some Q 1 (70.6 KiB) Viewed 12 times

(Continue) Suppose that all players except Ann have private signals with accuracy 0.75. Ann's signal accuracy is some q such that 0.75 <q 1. Consider two scenarios: (1) Ann participates in the game and she is the first player in the sequence. (2) Ann does not participate in the game. Which scenario induces a higher unconditional probability of correct cascade in the game? Choose all correct statements from the following. O (1) always O (2) always O (1) if q is high O (1) if q is low (2) if q is high (2) if q is low None of above