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This work analyzes the impacts of deploying a Power-to-Gas technology in the power generation sector in South Korea by 2050. The Power-to-Gas technology of interest is the low-temperature co-electrolysis of CO2 and H2O, which is an emerging technology for electrochemically converting them to...
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Can experts be trusted to provide useful recommendations? We develop and experimentally test a simplified recommendation game where an expert recommends one of two actions to a decision maker who might instead take no action. Consistent with predictions from the cheap talk literature, we find...
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Closed-end fund (CEF) prices often exhibit large and persistent deviations from their associated net asset values (NAVs), which is puzzling considering that NAVs are publicly observable for CEFs, which essentially represent repackaged financial assets. The persistence of these deviations is...
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