We present evidence from 260,000 online auctions of second-hand cars to identify the impact of public reserve prices on auction outcomes. To establish causality, we exploit multiple discontinuities in the relationship between reserve prices and vehicle characteristics to present RD estimates of...

“Project-based learning (PBL) is gaining increasing prominence as an educational tool for enhancing students' key future competences - communication, collaboration, critical thinking and creativity, referred to as the 4Cs. However, the proportion of PBL classes in Korean schools is among the...

Privacy protection is among the key features to consider in the design of central bank digital currency(CBDC). Using a nationally representative sample of over 3,500 participants, we conduct a randomized online survey experiment with treatments to examine how the willingness to use CBDC as a...