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This paper studies quality choice in a model where consumers expect firms to act altruistically. It is shown that, under plausible assumptions regarding this altruism and the reaction of consumers to ...
A key role of corporate managers is to encourage subsidiaries to adopt innovative practices. This paper examines the conditions under which corporate managers use information provision to encourage su...
This article examines the impact of electoral accountability on the level of public goods provision in Chinese villages. By conducting a nation-wide village-level survey and estimating two simultaneou...
Farmers provide not only agricultural products but also public goods and services. When analyzing farm performance, these different outputs should be modelled separately. In this study, we investigate...
Traditional market makers are losing their importance as automated systems have largely assumed the role of liquidity provision in markets. We update the model of Glosten and Milgrom (1985) to analyz...
This paper explores the possibility of improving efficiency in a society by providing meeting places for a fragmented society. In experimental and behavioral game theory, it is known that under certai...

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