Most research has shown that positive electric word-of-mouth (e-WOM) has positive effects, while negative e-WOM has negative effects on consumer attitude towards a product. However, negative e-WOM may have positive impacts rather than negative impacts. Using ANOVA in three experiments, this...

Why so many givers become anxious in gift giving? Wooten (2000) provided an answer to the question by proposing a model of gifting anxiety. However, his model is lack of quantitative analysis to support its empirical adequacy. This study aims to expand Wooten's model with additional nine...

This paper examines the agglomeration effects of multinational firms on the location decisions of first-time Japanese manufacturing investors in China for the period 1995-2007. This is accomplished by exploiting newly constructed measures of inter-firm backward and forward linkages formed in a...

This paper provides a new non-renewable resource extraction model with both extraction and exploration technologies. We show how these technological changes affect efficient non-renewable resource extraction differently. Policy-makers therefore need to carefully choose the type of technology by...

This paper suggests a hypothesis that feelings of attachment change subjective valuation through reference point shifts. This attachment hypothesis can explain seemingly contradictory results of recent experiments concerning what are called endowment effects, in which there exists disparities of...

This paper develops three bodies of analysis. First, I examine the bilateral estimation of income yields from financial assets in 10 OECD countries. There are three kinds of assets: debt, portfolio equity, and FDI. I found that Finland, Sweden, the U.K., and the U.S. have large advantages of...

Metzler functions arise in various kinds of system optimization problems such as the stable matching of two-sided markets and the α-cores of games with punishment-dominance relations. In this paper, we discuss the shortest-path problem as an application of the theory of Metzler functions. We...

Franchisors face a tradeoff between centralization of decision rights and decentralization of decision rights. Regarding the problem, we developed a causal model considering that the relationship between non-contractibility of assets and the allocation of decision rights is not constant, but is...

The Maschler-Owen value and the NTU Shapley value are two well-known ex- tensions of the TU Shapley value. In this paper, we compare a set of axioms that these values satisfy on the domain of games consisting of all monotonic hyperplane games and all monotonic prize games (Hart [1994]). The...

In this article, we consider a many-to-one two-sided matching market and define a canonical strategic form game, in which any worker applies to the top k firms and is assigned to the most preferred firm that does not reject him/her. Under the substitute property of firms' preferences, the game...