Dictators tend to reduce the allocation amount in the experimental risky dictator game in which recipients gain the allocation probabilistically compared with the baseline dictator game. This could be attributed to probabilistic determination and social image. We conducted a series of...

A growing body of literature in experimental economics examines how cognitive ability affects cooperation in social dilemma settings. We contribute to the existing literature by studying this relationship in a more complex and strategic environment when the number of partners increases in an...

We conducted the trust game experiments with Japanese university students and international students. In the beginning of the trust game, the general attributes of subjects such as gender, school year, faculty and birthplace are mutually informed. All the international students are assigned as...

A growing body of literature in experimental economics examines how cognitive ability affects cooperation in social dilemma settings. We contribute to the existing literature by studying this relationship in a more complex and strategic environment when the number of partners increases in an...

A growing body of literature in experimental economics examines how cognitive ability affects cooperation in social dilemma settings. We contribute to the existing literature by studying this relationship in a more complex and strategic environment when the number of partners increases in an...

The literature has profusely acknowledged the significant impact of cognitive ability on the economic decision-making. We employ non-student participants and examine whether cognitive ability affects cooperative behavior in repeated prisoner's dilemma (PD) experiments.The results show that,...

We investigate how cognitive ability and age affect giving behavior in single-blind dictator game experiments with a sample comprising 514 non-student participants in Japan. First, we found a negative correlation between cognitive ability and giving behavior. Focusing on dictators with medium or...

Using purpose-built original 2018 Japanese survey data, we estimate the financial behaviors and attitudes of households. We find that financial literacy plays an important and consistent role in financial decision-making. However, the actual behaviors are counter-intuitive: People with high...