Research
Add Headings and they will appear in your table of contents.
Journal articles
Community Enforcement with Observation Costs, Journal of Economic Theory, 154, 173-186, 2014.
On Communication and Collusion (with Vijay Krishna), American Economic Review, 106 (2), 285-315, 2016.
A Note on "Money is Memory": A Counterexample (with Hiroki Fukai), Macroeconomic Dynamics, 21 (2), 545-553, 2017.
Communication and Cooperation in Repeated Games (with Vijay Krishna), Theoretical Economics, 14 (2), 513-553, 2019.
Monitoring and Coordination for Essentiality of Money (with Hiroki Fukai), B.E. Journal of Macroeconomics, 20, 1-7, 2019.
Information Exchange in Cartels (with Vijay Krishna), RAND Journal of Economics, 51 (2), 421-446, 2020.
Startups and Upstarts: Disadvantageous Information in R&D (with Vijay Krishna), Journal of Political Economy, 129 (2), 534-569, 2021.
A Model of Collateral: Endogenizing the Borrowing Constraint (with Hiroki Fukai and Makoto Watanabe), International Economic Review, 62, (3), 1131-1151, 2021.
Incentives under Equal-Pay Constraint and Subjective Peer Evaluation (with Jihwan Do), Games and Economic Behavior, 135, 41-59, 2022.
Rational Bubbles and Middlemen (with Kohei Iwasaki and Makoto Watanabe), Theoretical Economics, 17 (4), 1559–1587, 2022.
Panics and Prices (with Vijay Krishna), Journal of Economic Theory, 217, 105818, 2024.
Endogenous Cycles in Collateralized Credit (with Vyacheslav Arbuzov, Hiroki Fukai and Makoto Watanabe), Journal of Money, Credit and Banking, 56 (2-3), 627-646, 2024.
Other publications
Awaya, Y: "Collusion and Information Exchange," Japanese Economic Review, 70 (3), 394-402, 2019, Special Issue on Industrial Organization, edited by Reiko Aoki and Luis Cabral.
Awaya, Y: "Private Monitoring and Communication in the Repeated Prisoner's Dilemma," GAMES, 12 (4), 80, Special Issue on Communication, Cartels and Collusion.
Working papers
On Fundamental versus Strategic Uncertainty (with Vijay Krishna), 2020.
Quality and Price in Scoring Auctions (with Naoki Fujiwara and Marton Szabo), 2021.
Commonality of Information and Commonality of Beliefs (with Vijay Krishna), 2023.
Money is the Root of Asset Bubbles (with Kohei Iwasaki and Makoto Watanabe), 2024.
Spreading Information via Social Networks: An Irrelevance Result (with Vijay Krishna), 2024.
Collateral vs Credit History: Welfare and Incentives (with Hiroki Fukai and Makoto Watanabe), 2024.
Bubbles and Collateral (with Jihwan Do and Makoto Watanabe), 2024.