Working Papers

Signaling Vision: Knowing When to Quit 

with Wing Suen

ISER Discussion Paper No. 1270

December 2024


Optimal Feedback Dynamics Against Free-Riding in Collective Experimentation 

with Chia-Hui Chen, Hulya Eraslan and Takuro Yamashita

ISER Discussion Paper No. 1247

July 2024


Published Papers

Social Learning and Strategic Pricing with Rating Systems 

with Chia-Hui Chen and Kong-Pin Chen

American Economic Journal: Microeconomics, forthcoming


Signaling under Double-Crossing Preferences: The Case of Discrete Types

with Chia-Hui Chen and Wing Suen

Journal of Mathematical Economics, vol. 114, Article 103046, 2024


Pecuniary Emulation and Invidious Distinction: Signaling under Behavioral Diversity

with Wing Suen

Games and Economic Behavior, vol. 147, pp. 449-459, 2024


Should Product-Specific Advertisement be Regulated in Pharmaceutical Markets? 

with Tsuyoshi Takahara 

Journal of Public Economic Theory, vol. 26, no. 2, e12697, 2024


Pioneer, Early Follower or Late Entrant: Entry Dynamics with Learning and Market Competition

with Chia-Hui Chen and Arijit Mukherjee

European Economic Review, vol. 152, Article 104360, 2023 


Signaling under Double-Crossing Preferences

with Chia-Hui Chen and Wing Suen

Econometrica, vol. 90, no. 3, pp. 1225-1260, 2022


Reputation Concerns in Risky Experimentation

with Chia-Hui Chen and Wing Suen

Journal of the European Economic Association, vol. 19, no. 4, pp. 1981-2021, 2021


A War of Attrition with Experimenting Players

with Chia-Hui Chen

Journal of Industrial Economics, vol. 69, no. 2, pp. 239-269, 2021


Cheap Talk When the Receiver Has Uncertain Information Sources 

with Takashi Shimizu

Economic Theory, vol. 68, no. 2, pp. 303-334, 2019


Hierarchical Experimentation

with Chia-Hui Chen

Journal of Economic Theory, vol. 177, pp. 365-404, 2018


Dynamic Performance Evaluation with Deadlines: The Role of Commitment

with Chia-Hui Chen

Journal of Industrial Economics, vol. 66, no. 2, pp. 377-422, 2018


Cheap Talk with an Informed Receiver

with Takashi Shimizu

Economic Theory Bulletin, vol. 4, no. 1, pp. 61-72, 2016


Careerist Experts and Political Incorrectness

with Chia-Hui Chen

Journal of Economic Behavior and Organization, vol. 120, pp. 1-18, 2015


Hierarchies versus Committees: Communication and Information Acquisition in Organizations

Japanese Economic Review, vol. 66, no. 1, pp. 62-88, 2015


On Persistent Demand Shortages: A Behavioral Approach

with Yoshiyasu Ono

Japanese Economic Review, vol. 65, no. 1, pp. 42-69, 2014


Dynamically Sabotage-Proof Tournaments

Journal of Labor Economics, vol. 30, no. 3, pp. 627-655, 2012


Contracting with Self-Esteem Concerns 

Journal of Economic Behavior and Organization, vol. 81, no. 2, pp. 329-340, 2012


Market Competition, R&D and Firm Profits in Asymmetric Oligopoly

with Toshihiro Matsumura and Noriaki Matsushima 

Journal of Industrial Economics, vol. 59, no. 3, pp. 484-505, 2011


Should Civil Servants be Restricted in Wage Bargaining? A Mixed-Duopoly Approach

with Noriaki Matsushima

Journal of Public Economics, vol. 93, no. 3-4, pp. 634-646, 2009


Incentives in Academics: Collaboration under Weak Complementarities

Labour Economics, vol. 16, no. 2, pp. 215-223, 2009


Misperception-Driven Chaos: Theory and Policy Implications 

with Masanori Yokoo

Journal of Economic Dynamics and Control, vol. 32, no. 6, pp. 1732-1753, 2008


Gender Specialization of Skill Acquisition

with Hiromi Nosaka 

B.E. Journal of Economic Analysis and Policy, vol. 7, no. 1 (Advances), Article 61, 2007


Optimal Promotion Policies with the Looking-Glass Effect

Journal of Labor Economics, vol. 24, no. 4, pp. 857-877, 2006


Seniority Bias in a Tournament

Review of Economic Design, vol. 10, no. 2, pp. 143-164, 2006


Team Incentives under Relative Performance Evaluation

Journal of Economics and Management Strategy, vol. 15, no. 1, pp. 187-206, 2006


FDI May Help Rival Firms

with Noriaki Matsushima 

Economics Bulletin, vol. 6, no. 22, pp. 1-8, 2005


Lifetime Employment as a Coordination Failure

Japan and the World Economy, vol. 17, no. 2, pp. 209-222, 2005


Signaling and Strategically Delayed Promotion

Labour Economics, vol. 11, no. 6, pp. 687-700, 2004


Education as Advertisement

Economics Bulletin, vol. 10, no. 8, pp. 1-8, 2004


A Noncooperative Analysis of a Circular City Model

with Noriaki Matsushima

Regional Science and Urban Economics, vol. 34, no. 5, pp. 575-589, 2004


Threshold Nonlinearities and Asymmetric Endogenous Business Cycles

with Masanori Yokoo

Journal of Economic Behavior and Organization, vol. 54, no. 2, pp. 175-189, 2004


The Role of Intrahousehold Bargaining in Gender Discrimination

Rationality and Society, vol. 15, no. 3, pp. 361-380, 2003


The Role of Social Norms in a Model of Marriage and Divorce

Journal of Economic Behavior and Organization, vol. 51, no. 1, pp. 131-142, 2003