We use an experiment to study whether market competition can reduce anomalous behaviour in games. In different treatments, we employ two alternative mechanisms, the random mechanism and the auction mechanism, to allocate the participation rights to the red hat puzzle game, a well-known logical...

"This book systematically analyses how and why China has expectedly lost and then surprisingly gained ground in the quest to solve the complicated environmental problem of air pollution over the past two decades. Yuan Xu shines a light on how China's sulfur dioxide emissions rose quickly in...