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Recent years have seen considerable changes in the technology of transportation with the development of high-speed rail networks, more fuel-efficient automobiles and aircraft, and the widespread adoption of informatics in disciplines such as traffic management and supply chain logistics. The...
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The first essay “Informational Asymmetries in Laboratory Asset Markets with State-Dependent Fundamentals” investigates the formation of market prices in a new experimental setting involving multi-period call-auction asset markets. In this paper, we are particularly interested in two...
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This dissertation extends the understanding of asymmetric group behavior in the provision of public goods. Previous studies, using an asymmetric framework, have so far focused on situations where all players profit form the social optimum. The discussion in the first paper breaks with this...
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