We consider situations where a society allocates a finite units of an indivisible good among agents, and each agent receives at most one unit of the good. For example, imagine that a government allocates a fixed number of licences to private firms, or imagine that a government distributes...

This paper aimed to compare the trust and reciprocity levels among international groups by adopting a modified trust game played among groups from Austria and Japan. Our results were as follows: (i) When the groups interacted intranationally, the trust and reciprocity levels among the Austrian...

This study investigated lying behavior and the behavior of people who are deceived by using a deception game (Gneezy, 2005) in both anonymity and face-to-face treatments. Subjects consist of students and non-students (citizens) to investigate whether lying behavior is depended on socioeconomic...

This paper explores national identity in trust and reciprocity at the intra- and international levels by adopting a modified trust game played among groups from Austria and Japan, in which subjects play the roles of trustor and trustee consecutively without any information feedback. Intra- and...

We study an assignment market where multiple heterogenous objects are sold to unit demand agents who have general preferences accommodating imperfect transferability of utility and income effects. In such a model, there is a minimum price equilibrium. We establish the structural...