SYNGJOO CHOI (최승주)

Contact Details

• Professor, Department of Economics, Seoul National University.

• Mailing Address: Department of Economics, Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul, Republic of Korea

• Email: syngjooc at snu.ac.kr

• Visiting Distinguished Research Professor of Economics, University of Limassol, Feb. 2024 ~ Feb. 2027

Google Citation Profile

CV 

• 2023 Asia-Pacific Economic Science Association Meeting, Seoul, Republic of Korea

• Virtual East Asia Experimental and Behavioral Economics Seminar Series

• Data-driven and Experiment-based Evidence for Policy (DEEP) Research Group

• Center for Experimental and Behavioral Social Science at SNU 

• Institute of Economic Research at SNU  

Working Papers

• Predicting the Payment Preference for CBDC: A Discrete Choice Experiment, July 2025 (with Bongseop Kim, Young Sik Kim, Ohik Kwon, and Soeun Park). 

• The Anatomy of Honesty: Lying Aversion vs. Deception Aversion, March 2025 (with Chanjoo Lee and Wooyoung Lim). 

• Behavioral Attenuation in Networks, July 2025 (with Fulin Guo, Sanjeev Goyal, and Frederic Moisan). 

• Accessing Private Solutions to Collective Action Problems in a 34-Nation Study, March 2025 (with Eugene Malthouse, ..., Doruk Iris, ..., Jung Hyun Park, ...). 

• Promoting Willingness to Pay for Environmental Charges in Electricity Tariff: Evidence from a Randomized Survey Experiment, August 2025 (with Sungmin Lim, Jong Ho Hong, Booyuel Kim, Heerae Lee, and Jinwook Shin). 

• Teaching Practices, Prosocial Giving, and Friendship Networks, August 2024 (with Booyuel Kim, Eungik Lee, Yoonsoo Park, and Euncheol Shin).  [Online Appendices]

• Experimental Evidence on Group Size Effects in Network Formation Game, April 2024 (with Sanjeev Goyal, Fulin Guo, and Frederic Moisan).

• Connectors and Influencers, August 2024 (with Sanjeev Goyal and Frédéric Moisan).

• The Unintended Consequences of an International Student Shortage: Evidence from a Policy Reform in South Korea, April 2023 (with Chung-Yoon Choi, Seonghoon Kim, and Jongkwan Lee). 

• Prosocial Vaccination, July 2022 (with Bakhtawar Ali, Jun Hyung Kim, and Avner Seror). 

• Why North Korean Refugees are Reluctant to Compete: The Roles of Cognitive Ability, January 2022 (with Byung-Yeon Kim, Jungmin Lee, and Sokbae Lee). [Online Appendix]

• Financial Contagion in Networks: A Market Experiment, June 2017 (with Edoardo Gallo and Brian Wallace) [Online Appendices]. 

• Six-Country Survey on Covid 19, May 2020 (with Michèle Belot, Julian C. Jamison, Nicholas W. Papageorge, Egon Tripodi, and Eline van den Broek-Altenburg).  Covid Economics: Vetted and Real-Time Papers, 17, 205-219. [Economist], [한겨레]

- The data on the six-country international survey is publicly available here.  

Publications

• Strategic Thinking Skills: A Key to Collective Economic Success, May 2025 (with Seonghoon Kim and Wooyoung Lim). American Economic Journal: Microeconomics, 17(2), 214-240.

• Douglas Gale's Contribution to Social Learning, Decision under Risk and Uncertainty, Monontone Games and Networks, April 2025 (with Marco Cipriani, Antonio Guarino, and Shachar Kariv). Journal of Financial Intermediation, 62, 101141.

• Central Bank Digital Currency and Privacy: A Randomized Survey Experiment, September 2024 (with Bongseop Kim, Young Sik Kim, and Ohik Kwon).  International Economic Review, 66(2), 823-847. 

• A Framework for Measuring Electricity Price Literacy: Application to South Korea, July 2024 (with Sungmin Lim, Heerae Lee, Jong Ho Hong, Booyuel Kim, and Jinwook Shin). Electricity Journal, 37(6), 107425.

• North Korean Refugees' Implicit Bias against South Korea Predicts Market Earnings, June 2024 (with Kyu Sup Hahn, Byung-Yeon Kim,  Eungik Lee, Jungmin Lee, and Sokbae Lee).  Journal of Development Economics, 169, 103276. [Online Appendices]

• Effect of Information Provision on Parental Intention toward COVID-19 Vaccination for Children: A Nationwide Survey Experiment, March 2024 (with Hyunju Lee, Jung Hyun Park, Shinkyeong Kim, Sujin Seo, Minjung Lee, Myoungsoon You, Eun Hwa Choi, Geun-Yong Kwon, Jee Yeon Shin, Min-Ah Lee, Mi Jin Jeong, and Young June Choe). Scientific Reports, 14, 5354. [Online Appendices]

• Tackling Misperceptions about Immigrants with Fact-checking Interventions: A Randomized Survey Experiment, October 2023 (with Chung-Yoon Choi and Seonghoon Kim). Labour Economics, 84, 102428. 

• Brokerage Rents and Intermediation Networks, July 2023 (with Sanjeev Goyal and Frédéric Moisan). Proceedings of the National Academy of Sciences, 120(28), e2301929120.

  • Animations of behavioral dynamics under criticality pricing rule and betweenness pricing rule

• Learning in Networks: An Experiment on Large Networks with Real-world Features, May 2023 (with Sanjeev Goyal, Frédéric Moisan, Yu Yang Tony To). Management Science, 69(5),  2778-2787

• Irreversibility and Monitoring in Dynamic Games: Experimental Evidence, February 2023 (with Andrew Choi, Yves Gueron, and Eungik Lee). International Economic Review, 64(1), 387-412. [Online Appendices]

• Parental Acceptance of COVID-19 Vaccination for Children and Its Association with Information Sufficiency and Credibility in South Korea, December 2022 (with Minjung Lee, Sujin Seo, Jung Hyun Park, Shinkyeong Kim, Young June Choe, Eun Hwa Choi, Geun-Yong Kwon, Jee Yeon Shin, Sang-Yoon Choi, Mi Jin Jeong, Hyunju Lee, and Myoungsoon You). JAMA Network Open, 5(12):e2246624.

• The Path towards Herd Immunity: Predicting COVID-19 Vaccine Uptake through Results from A Stated Choice Study across Six Continents,  April 2022 (with Stephane Hess, Emily Lancsar, ...., Bongseop Kim, ...). Social Science & Medicine. 

• Probability Weighting and Cognitive Ability, July 2022 (with Jeongbin Kim, Eungik Lee, and Jungmin Lee). Management Science, 68(7), 5201-5215. [Online Appendices]

• Do Teaching Practices Matter for Cooperation? August 2021 (with Booyuel Kim, Minseon Park, and Yoonsoo Park). Journal of Behavioral and Experimental Economics, 93, 101703.  [Online Appendices]

• Socio-Demographic Factors Associated with Self-Protecting Behavior during the COVID-19 Pandemic, April 2021 (with Nicholas W. Papageorge, Matthew V. Zahn, Michèle Belot, Eline van den Broek-Altenburg, Julian C. Jamison,  and Egon Tripodi). Journal of Population Economics, 34, 691-738. [VoxEU]

• Unequal Consequences of Covid 19 across Age and Income: Representative Evidence from Six Countries, April 2021 (with Michèle Belot, Egon Tripodi,  Eline van den Broek-Altenburg, Julian C. Jamison, and Nicholas W. Papageorge). Review of Economics of the Household, 19, 769-783. (And Covid Economics: Vetted and Real-Time Papers, 38, 205-219).  [VoxEU]

• A Tale of Two Koreas: Property Rights and Fairness, February 2020 (with Byung-Yeon Kim, Jungmin Lee, and Sokbae Lee). Journal of Economic Behavior and Organization, 170, 112-130. [Online Appendices]. 

• Interdependent Value Auctions with Insider Information: Theory and Experiment , September 2019 (with Jinwoo Kim and José-Alberto Guerra). Games and Economic Behavior, 117, 218-237. [Online Appendices]

• The Role of Education Interventions in Improving Economic Rationality, October 2018 (with Hyuncheol Bryant Kim, Booyuel Kim, and Cristian Pop-Eleches). Science, 362(6410), 83-86. [Supplementary Materials], [AEA RCT Registry]

• Economic System and Financial Literacy: Evidence from North Korean Refugees, September 2017 (with Minjung Kim and Jungmin Lee). Emerging Markets Finance and Trade, 53(11).

• An Experimental Study of Sponsored-Search Auctions, March 2017 (with Yeon-Koo Che and Jinwoo Kim). Games and Economic Behavior, 102, 20-43.  

• Do Institutions Affect Social Preferences? Evidence from Divided Korea, December 2017 (with Byung-Yeon Kim, Jungmin Lee, Sokbae Lee, and Kyunghui Choi). Journal of Comparative Economics, 45(4), 865-888. [Online Appendices]

• Trading in Networks: Theory and Experiment, August 2017 (with Andrea Galeotti and Sanjeev Goyal). Journal of the European Economic Association, 15(4), 784-817. [Online Appendices]

• Networks in the Laboratory (with Edoardo Gallo and Shachar Kariv). 2016. Oxford Handbook of the Economics of Networks, edited by Yann Bramoullé, Andrea Galeotti, and Brian Rogers, Oxford University Press.

• Reserve Price Effects in Auctions: Estimates from Multiple RD Designs, 2016 (with Lars Nesheim and Imran Rasul). Economic Inquiry, 54(1), 294-314. [Online Appendices]

• Estimating Ambiguity Aversion in a Portfolio Choice Experiment, 2014 (with David Ahn, Douglas Gale, and Shachar Kariv), Quantitative Economics, 5(2), 195-223. [Supplementary Materials], [Replication Files] 

• Who Is (More) Rational? 2014 (with Shachar Kariv, Wieland Müller and Dan Silverman), American Economic Review, 104(6), 1518-1550. [Online Appendices], [Replication Files]

• Communication, Coordination and Networks, 2014 (with Jihong Lee), Journal of the European Economic Association, 12(1), 223-247. [Online Appendices], [Replication Files]

• A Cognitive Hierarchy Model of Learning in Networks, 2012, Review of Economic Design, 16(2), 215-250.

• Social Learning in Networks: A Quantal Response Equilibrium Analysis of Experimental Data, 2012 (with Douglas Gale and Shachar Kariv), Review of Economic Design, 16(2),135-157.

• Network Architecture, Salience and Coordination, September 2011 (with Douglas Gale, Shachar Kariv and Thomas Palfrey), Games and Economic Behavior, 73(1), 76-90. [Appendix I], [Appendix II], and [Appendix III]

• Sequential Equilibrium in Monotone Games: A Theory-Based Analysis of Experimental Data, December 2008 (with Douglas Gale and Shachar Kariv), Journal of Economic Theory, 143(1), 302-330. [Appendix]

• Consistency and Heterogeneity of Individual Behavior under Uncertainty, December 2007 (with Raymond Fisman, Douglas Gale and Shachar Kariv), American Economic Review, 97(5), 1921- 1938. [Online Appendices], [Data]

• Revealing Preferences Graphically: An Old Method Gets a New Tool Kit, (with Raymond Fisman, Douglas Gale and Shachar Kariv), American Economic Review, Papers and Proceedings, May 2007, 97(2), 153-58.

• Behavioral Aspects of Learning in Social Networks: An Experimental Study, 2005 (with Douglas Gale and Shachar Kariv). Advances in Applied Microeconomics (Vol. 13), Behavioral and Experimental Economics, edited by John Morgan, JAI Press. 

Publications in Korean

• 중국동포 및 북한이탈주민에 대한 한국인의 인식, 2022 (공동저자: 최정윤, 김성훈, 이종관), 응용경제, 24(1),  5-36. 

• 한국인의 이주민에 대한 인식 및 정책선호, 2021 (공동저자: 최정윤, 김성훈), 한국경제포럼, 14(3), 105-156.

• 채무상환부담의 변화가 자아존중감, 우울감, 행복감에 미치는 영향: 채무조정제도 이용자 종단분석, 2020 (공동저자: 신진욱, 박정민, 홍석철), 사회보장연구, 36(4), 109-130.

• 시간선호 안정성: 채무조정제도 이용자 대상 경제학 실험, 2018 (공동저자: 신진욱, 박정민, 홍석철), 시장경제연구, 47(3), 1-42. 

• 채무조정제도 이용자들의 경제적 합리성과 경제적 성과, 2018 (공동저자: 박정민, 신진욱, 홍석철), 경제학연구, 66(2), 87-118. 

• 개발협력분야에서의 실험·행태경제학. 2017 (공동저자: 김부열, 박벼리, 이지영). 한국국제협력단. 

• 잔반줄이기 캠페인 효과평가: 현장실험을 이용하여, 2017 (공동저자: 김세직, 오혜원), 경제논집, 56(2), 125-144. 

• 행태경제학의 이슈와 동향, 2015, 경제논집, 54(1), 277-299.

• 게임이론과 합리적인 인간, 2015 (공동저자: 김서영), 물리학과 첨단기술, 24(1/2), 12-17.