When a sequence of decision makers with private information announce public predictions, initial conformity can create an information cascade in which all future decision makers will rationally match the early announcements and disregard private information. This study uses event-related...

When a sequence of decision makers with private information announce public predictions, initial conformity can create an information cascade in which all future decision makers will rationally match the early announcements and disregard private information. This study uses event-related...

The purpose of this study was to determine how life expectancy is modified by ovarian cancer from 1950-2000. The contributions of ovarian cancer to life expectancy were estimated. The age characteristics of ovarian cancer were detected using the Gompertz relational mortality model. The patterns...

A large number of studies have shown a gradual fall in stomach cancer-related mortality rate during the last decade. Here we analyzed the pattern of stomach cancer-related mortality rates in Japanese aged85 years from 1970 to 1995. We used data for the entire population of Japan. The magnitude...

Bargaining games model situations in which the realization of potential benefits is jeopardized by conflicting bargaining powers. Most of the literature on bargaining behavior focuses on bargaining over gains. Exploration of behavior in situations under which agents bargain over losses has...

Although previous literature demonstrates that punishment is more efficient and stable than reward, in our daily life, numerous kinds of rewards permeate. One possible explanation for widely use of reward institution in practice is that it’s an efficient and satisfactory way to enhance...

Threat is a strategy that can be used to impact decision-making processes in bargaining. Abundant evidence suggests that credible threat and incredible threat both influence the obeisance of others. However, it is not clear whether the decision-making processes under credible threat and...