We experimentally explore public good production levels, and the endogenous formation of network structures to facilitate output sharing, among agents with heterogeneous production costs or valuations. Results corroborate the key theoretical insights of Kinateder & Merlino (2017) characterizing...

Who is Xi Jinping? -- The blueprint for the realization of the China dream -- Internal reform in the Communist Party of China -- The major reforms deciding China's fate -- The innovation revolution: leading China's new economy -- The belt and road initiatives -- A great power requires a great...

As a highly disruptive digital technology, blockchain provides new solutions for reshaping corporate governance mechanisms and improving resource allocation. We empirically examine the relationship between blockchain and corporate investment inefficiency. We find that blockchain can help improve...