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Belief updating in individual and social learning: A field experiment on the internet
Sasaki, Shunichiro; Kawagoe, Toshiji - 2007
We conducted a field experiment on the Internet and investigated the participants' belief updating in an individual …
Persistent link: https://www.econbiz.de/10010332401
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Monopoly Sale of a Network Good
Aoyagi, Masaki - 2010
This paper studies the problem of a monopolist who sells a network good through a price posting scheme. The scheme posts a price of every possible allocation for each buyer, who are then asked to report their private information to the seller. The seller then implements the allocation based on...
Persistent link: https://www.econbiz.de/10013137695
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Seeking Harmony Amidst Diversity : Consensus Building with Network Externalities
Chen, Chia-Hui - 2013
A group of individuals, with a potential conflict of interest, face a choice among alternatives. There is a network externality such that the chosen alternative yields value only if sufficiently many individuals get on board. Their preferences for each alternative and the benefit derived from a...
Persistent link: https://www.econbiz.de/10013091935
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Bertrand Competition under Network Externalities
Aoyagi, Masaki - 2017
Two firms engage in price competition to attract buyers located on a network. The value of the good of either firm to any buyer depends on the number of neighbors on the network who adopt the same good. When the size of externalities increases linearly with the number of adoptions, we identify...
Persistent link: https://www.econbiz.de/10012961110
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Bertrand Competition under Network Externalities
Aoyagi, Masaki - 2014
Two sellers engage in price competition to attract buyers located on a network. The value of the good of either seller to any buyer depends on the number of neighbors on the network who consume the same good. For a generic specification of consumption externalities, we show that an equilibrium...
Persistent link: https://www.econbiz.de/10013063086
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Belief Updating in Individual and Social Learning : A Field Experiment on the Internet
Sasaki, Shunichiro; Kawagoe, Toshiji - 2014
We conducted a field experiment on the Internet and investigated the participants' belief updating in an individual …
Persistent link: https://www.econbiz.de/10014050224
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The hidden curriculum and social preferences
Ito, Takahiro; Kubota, Kohei; Ohtake, Fumio - 2015
This paper examines the effects of school curricula on subsequent preference formation. The estimation results, using Japanese data, show that the actual curriculum at public elementary schools varies widely from area to area and is associated with preference formation. Specifically, pupils who...
Persistent link: https://www.econbiz.de/10011421459
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Relative income position and happiness: Are cabinet supporters different from others in Japan?
Yamamura, Eiji; Tsutsui, Yoshiro; Ohtake, Fumio - 2015
During the period of 2001-2006, the Liberal Democratic Party (LDP) adopted a market-oriented policy under the Koizumi cabinet. In 2006, following the formation of the first Abe cabinet, the LDP returned to a traditional redistributive policy. We assume that the supporters of the Koizumi cabinet...
Persistent link: https://www.econbiz.de/10011421464
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Is university sports an advertisement in the higher education market? An analysis of the Hakone long-distance relay road race in Japan
Yamamura, Eiji - 2015
's sporting event in Japan. The event is held immediately prior to the university application period in Japan. Using Japanese …
Persistent link: https://www.econbiz.de/10011421473
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Explaining foreign holdings of Asia's debt securities: The Feldstein-Horioka paradox revisited
Horioka, Charles Yuji; Terada-Hagiwara, Akiko; Nomoto, … - 2015
the Eurozone economies, the US, and developing Asia showing relatively weak home bias and advanced Asia, especially Japan … capital has been flowing from the US and the Eurozone economies to both advanced Asia (especially Japan) and developing Asia … reasons. The main reason in the case of advanced Asia (especially Japan) appears to be higher riskadjusted returns, whereas …
Persistent link: https://www.econbiz.de/10011421476