You are the manager of an oil exploration company. You have won an auction for a potential oil field that is immediately adjacent to a field owned by a competitor. You are considering whether to test drill on your field when your competitor's managers announce plans to test drill on their field very near your property. Your competitor's cheap talk to test drill on his/her field will be ▼ . Which of the following statements is a reason for this? A. Your competitor will not be able to gauge the amount of oil on their field if you decide to test drill, and they will not be able to plan further. B. The test results will be more valuable to you than to your competitor, so your competitor may not follow through on the announcement. C. Your competitor gains by choosing not to drill if you choose not to test drill in response to your competitor's announcement. D. The amount of oil on both the fields will probably be correlated and hence your competitor will choose to drill even if you choose to not drill.