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SUPPORTING INFORMATION

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APPENDIX S1. Experiment Instructions.

FIGURE S1. Seller's Decision Screen (Price Offers).

FIGURE S2. Buyer's Decision Screen When Two Prices Are Observed.

FIGURE S3. Buyer's Decision Screen When One Price Is Observed.

FIGURE S4. “Virtual” Dice Roll to Determine whether Period Ends Before All Buyers Purchased.

FIGURE S5. Example Seller Outcome Screen.

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