Question: (e) Use this condition to find H 1 ( e 1 ) such that the dovish bank is indifferent between pretending to be hawkish and

(e) Use this condition to find H 1 ( e 1 ) such that the dovish bank is indifferent between pretending to be hawkish and revealing that it is dovish and thus a separating equilibrium. (f) Compare this separating equilibrium from the hawkish bank's perspective to the case of complete information that we analyzed above and interpret.

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