This paper conducts a laboratory experiment to investigate the role of social connections in behavioral indirect reciprocity. We provide the evidence of spillovers effects of social ties, e.g., the recipient’s indirect reciprocal act varies with the relations between the donor and a third...

We develop a multi-agent communication model with participation decisions to address the customer complaining behavior and the corresponding management policy. Privately informed customers choose among costly complain, keep silence, and exit, and a firm decides complaining barriers and whether...

Government Information disclosure (GID) is an important part of Chinese efforts in improving doing-business environment. Based on the sample of China's listed enterprises, this paper studies the effect of government information disclosure on enterprise investment efficiency. We find that GID...

This research investigates the impact of Fintech development on an important type of crime: theft. Based on Becker's rational criminal theory, we suggest that Fintech development could mitigate theft activities by increasing the earnings from legitimate work, relaxing potential criminals'...