The purpose of this project is to determine if calendar effects observed in stock markets can be explained by prospect theory. In order to answer this question, I have created an agent based model simulating a stock market. There was no sign of any calendar effect in any of the configurations...

This paper uses subjects recruited from an online employment exchange to study the robustness of the triadic trust design with a different subject pool. In running our experiments we tried to take advantage of the cost reducing features of the micro-employment culture found on Amazon’s...

I conduct an event studies analysis of the effect of corporate name changes on short-term stock price movements for companies listed on the New York Stock Exchange. Using the NYSE Composite Index as a baseline for comparison, I find that changing corporate name has a small positive effect on...

This paper examines whether corruption can be an efficiency enhancing adaptation to poor institutional environments. Prior research on this question has not taken into account the heterogeneity of corruption or the possibility that petty bureaucratic corruption in the form of bribery may grease...

I conduct an on-line experiment to test the hypothesis that the divergence in behaver between men and women found in Mayo (2016) was caused by men and women following different economic norms. The definition of norms is based on Bicchieri (2005), and includes three elements: First, that men and...

Using self-reported data from banks in mainland China, I apply a technique used in forensic accounting based on Benford’s Law to detect fraudulent manipulation of non-performing loan (NPL) figures. I find large data anomalies consistent with false reporting in mainland banks that do not appear...

What should we do about climate change? This commonly asked question is predicated on answers to other questions, such as: Is climate change happening? If so, is that a bad thing? If so again, how bad of a thing is it? Sadly, the public and scientific discussion on this topic has produced far...