I propose a new institution, penalty lottery, to control sequential public bad productions under imperfect monitoring for punishment: A violator (a citizen who produced a public bad and got monitored) hands over the fine to the next potential violator with some probability, and pays all the...

This study investigates the influence of gender composition on allocation decisions involving a rank–inequality tradeoff. In a laboratory experiment, participants chose to either alleviate inequality by relinquishing their current relative rank or exacerbate inequality by maintaining their...

We study a model where one information sender communicates with many information recipients. The sender provides a public good in the form of an announcement. The announcement involves a set of answers to some potential queries (e.g., frequently asked questions (FAQs), product manuals, and user...

This study investigates the influence of gender composition on allocation decisions involving a rank-inequality tradeoff. In a laboratory experiment, participants chose to either alleviate inequality by relinquishing their current relative rank or exacerbate inequality by maintaining their...

This paper examines a link between an individual's strategic thinking in beauty contest games and (possibly non-rational) decision-making patterns in a non-strategic setting. Experimental evidence shows that subjects' strategic behavior, which used to be understood as a result of (possibly...