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We use an experiment to study whether market competition can reduce anomalous behaviour in games. In different treatments, we employ two alternative mechanisms, the random mechanism and the auction mechanism, to allocate the participation rights to the red hat puzzle game, a well-known logical...
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Evidences from nonparametric and semiparametric unbalanced panel data models with fixed effects show that Kuznet’s inverted-U relationship is confirmed when economic development reaches a threshold. The model tests justify semiparametric specification. The integrated net contribution of...
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The paper studies the causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used to study their...
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The contradiction between charging stations (CSs) and electric vehicles (EVs) is a "chicken-and-egg" problem. Multiple factors and stakeholders, including the goals of the government's industry planning, CS operators' profits, and EV consumers' charging demand, influence the CS layout. Using...
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