We experimentally examine the impact of a cycle path on the trading of a copyable information good in networks. A cycle path in a network permits a buyer to become a reseller that can compete against existing sellers by replicating the good. Theory predicts that the price of the information...

This study investigates a free-rider problem caused by externalities inherent in global commons, industrial pollution, and the hidden social costs of everyday activities. Within the range of sovereignty and privacy protection, to transform the social dilemma into an easier-to-solve coordination...

We consider the possibility that in a society where innately prosocial and adversarial agents exist albeit in the minority, the majority of agents behave honestly from two distinct perspectives. First, we consider a socioeconomic perspective in which the majority are influenced by their partners...

We consider the possibility that in a society where innately prosocial and adversarial agents exist albeit in the minority, the majority of agents behave honestly from two distinct perspectives. First, we consider a socioeconomic perspective in which the majority are influenced by their partners...

We experimentally examine the impact of a cycle path on the trading of a copyable information good in networks. A cycle path in a network permits a buyer to become a reseller that can compete against existing sellers by replicating the good. Theory predicts that the price of the information...

This paper incorporates behavioral economics into implementation theory. We use mechanisms that are strictly detail-free. We assume that each agent dislikes telling a white lie when such lying does not serve her/his material interest. We present a permissive result wherein by using just a single...