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We investigate the dynamic effects of a charitable lottery and an income tax on donations. The analysis is based on a … only. The immediate effect of a charitable lottery leads to higher contributions and we cannot find substantial crowding …
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This paper offers a look at the Japanese mobile free to play market with a focus on "Gacha", a game of luck mechanism used in many Japanese games. The paper tries to explain about the concept of Gacha, its different forms, some known regulation issues and briefly looks at player and...
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This paper analyzes the signaling effect of bidding in a two-round elimination contest. Before the final round, bids in the preliminary round are revealed and act as signals of the contestants' private valuations. Depending on his valuation, a contestant may have an incentive to bluff or sandbag...
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