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Exact(28)
Here is a sketch of the argument (see Section 3 and Appendix A for details): Suppose the consumer of a credence good has the opportunity to burn money before interacting with the expert and the amount burned is communicated to the expert.
"There is no reason to burn money just because its origin is evil.
Last summer she returned home with her two sons to burn money and pour wine over his tomb in Shaanxi.
Recent years have seen a fraction of the number of holidaying Sheiks coming to burn money on luxury goods and illicit pleasures.
But because it takes money to burn money, some analysts wonder how long such a site -- providing expensive, original reporting -- can withstand budget-minded competitors.
With so many rich sponsors willing to burn money to fund their teams, even the clubs that are quoted companies and thus obliged to put profits first are sucked into a desperate struggle to secure the services of the best players.
Similar(32)
The journey from deciding to burn the money to deciding how to burn the money to actually burning the money was a long one.
"Let others burn their money now, and I'll come in later," he boasts.
That was five months ago, and now that same furnace is about to burn public money.
"But they burn through money way too fast".
After all, Microsoft can afford to burn the money.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com