14 SAET Conference on Current Trends in Economics WASEDA University August 19-21, 2014

Home , Hitotsubashi University, Makoto Yano, Masao Ogaki

14TH SAET CONFERENCE

14th SAET Conference on Current Trends in Economics WASEDA University August 19-21, 2014

CONTENTS

Welcome……………………………………………………………………………………………..…… 2 Conference Information: Registration and Internet Access………………………………………………. 2 Maps & Local Information……………………………………………………………………………….. 3 Program Committee………………………………………………………………………………………. 5 Local Organizing Committee……………………………………………………………………………... 5 Session Organizers………………………………………………………………………………………... 5 Program Summary………………………………………………………………………………………… 7 Plenary Talk/Tutorial Details……………………………………………………………………………… 10 Satellite Conference/Workshops………………………………………………………………………….. 11 Parallel Session Details……………………………………………………………………………………. 12 List of Participants………………………………………………………………………………………… 33

WELCOME

On behalf of the Society for the Advancement of Economics Theory, we are pleased to welcome you to Waseda University on the occasion of the 14th SAET Conference.

We wish to express gratitude to various institutions that made this conference possible: the Graduate School of Economics, Waseda University, Japan Center for Economic Research, Tokyo Center of Economic Research, Japan Society for Proportion of Science, and the University of Iowa.

Many thanks to the people who generously contributed to the success of this event, in particular, the local organizing committee and session organizers. Special thanks to Renea Jay and Rumi Ohata for their attention to detail and preparation of this conference.

We hope you enjoy the conference and we wish you a pleasant stay in Tokyo.

Mamoru Kaneko and Nicholas Yannelis

CONFERENCE INFORMATION

Registration: Name tags and conference programs are available in Building 10, Rooms 101-102

Internet access (Wi-Fi) is available in Building 10, Rooms 306-308

Takadanobaba Sta.

Waseda Sta.

Iidabashi Sta. Akihabara Sta. JR Sobu line Shinjuku Sta. Metro Tozai line

J R Tokyo Sta. Y a m an ote line

Access to the SAET 2014 conference at Waseda Campus

（1）： 10 minutes walk from Waseda Sta.（Tokyo Metro Tozai Line） Metro Tozai Line to Waseda Sta. （a）: from Takadanobaba Sta.（JR Yamanote Line）（b）: from Iidabashi Sta.（JR. Sobu Line）

（2）： A bus to the Waseda Campus from Takadanobaba Sta.（JR. Yamanote Line）

Map of the Waseda Campus The SAET 2014 Conference Presentations of papers: 10th Building Invited Talks and Tutorial: 8th Building Lunch: Date: 19-21 August, 2014; Time: 12:00～14:30; Place: Okuma Garden House Satellite Workshops: 22 August, 11th Building

Okuma Garden House (Lunch)

Main Gate 11th Bldg.

Okuma Auditorium

10th Bldg. 8th Bldg.

Metro Waseda Sta.

Program Committee

Chernozhukov, Victor (MIT, [email protected]) Hörner, Johannes (Yale University, [email protected]) Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, [email protected]) Kojima, Fuhito (Stanford University, [email protected]) Kovenock, Daniel (Chapman University, [email protected]) Machina, Mark (University of California, San Diego, [email protected]) Prescott, Edward C. (Arizona State University, [email protected]) Squintani, Francesco (University of Warwick, [email protected]) Yannelis, Nicholas (University of Iowa, [email protected]) Zame, William (UCLA, [email protected])

Local Organizing Committee

Akiyama, Eizo (University of Tsukuba, [email protected]) Araki, Kazunori (Waseda University, [email protected]) Funaki, Yukihiko (Waseda University, [email protected]) Ishikawa, Ryuichiro (University of Tsukuba, [email protected]) Kaneko, Mamoru (Waseda University, [email protected]), Chair Shimizu, Kazumi (Waseda University, [email protected]) Suga, Koichi (Waseda University, [email protected]) Tanaka, Hisanori (Waseda University, [email protected])

Session Organizers

Akiyama, Eizo (University of Tsukuba, Japan, [email protected]) Amir, Rabah (University of Iowa, USA, [email protected]) Barbos, Andrei (University of South Florida, USA, [email protected]) Bloch, Francis (Ecole Polytechnique, France, [email protected]) Borgers, Tilman (University of Michigan, USA, [email protected]) Chang, Chih (National Tsing Hua University, Taiwan, [email protected]) Chateauneuf, Alain (PSE-University of Paris I, France, [email protected]) Chun, Younsub (Seoul National University, Korea, [email protected]) Cornet, Bernard (PSE-University of Paris I & University of Kansas, France & USA, [email protected]) Dávila, Julio (CORE – University c. of Louvain, Belgium, [email protected]) Eraslan, Hülya (Rice University, USA, [email protected]) Facchini, Giovanni (University of Nottingham, UK, [email protected]) Flesch, János (Maastricht University, The Netherlands, [email protected]) Funaki, Yukihiko (Waseda University, Japan, [email protected]) Gahvari, Firouz (University of Illinois at Urbana-Champaign, USA, [email protected])

Gao, Zhengyuan (University of Iowa, USA, [email protected]) Grabisch, Michel (University Paris 1, France, [email protected]) Guo, Jang-Ting (University of California-Riverside, USA, [email protected]) Hanaki, Nobuyuki (Aix-Marseille University, CNRS, EHESS, IUF, France, [email protected]) Herings, Jean-Jacques (Maastricht University, The Netherlands, [email protected]) Hörner, Johannes (Yale University, USA, [email protected]) Hu, Tai-Wei (Northwestern University, USA, [email protected]) Ishikawa, Ryuichiro (University of Tsukuba, Japan, [email protected]) Kamihigashi, Takashi (Kobe University, Japan, [email protected]) Kaneko, Mamoru (University of Tsukuba, Japan, [email protected]) Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA, [email protected]) Kline, Jeffrey (University of Queensland, Australia, [email protected]) Koh, Youngwoo (Hanyang University, South Korea, [email protected]) Kojima, Fuhito (Stanford University, USA, [email protected]) Lippert, Steffen (University of Auckland, New Zealand, [email protected]) Manzini, Paola (University of St Andrews, UK, [email protected]) Matsushima, Hitoshi (University of Tokyo, Japan, [email protected]) Muto, Shigeo (Tokyo Institute of Technology, Japan, [email protected]) Mylovanov, Tymofiy (University of Pittsburg, USA, [email protected]) Nachbar, John (Washington University-St. Louis, USA, [email protected]) Ogaki, Masao (Keio University, Japan, [email protected]) Okada, Akira (Hitotsubashi University, Japan, [email protected]) Ortner, Juan (Boston University, USA, [email protected]) Peng, Shin-Kun (Academic Sinica, Taiwan, [email protected]) Qin, Cheng-Zhong (University of California, Santa Barbara, USA, [email protected]) Reffett, Kevin (Arizona State University, USA, [email protected]) Rusinowska, Agnieszka (CNRS, PSE, University of Paris 1, France, [email protected]) Sandroni, Alvaro (Northwestern University, USA, [email protected]) Sonderegger, Silvia (University of Nottingham, UK, [email protected]) Stecher, Jack (Carnegie Mellon University, USA, [email protected]) Suga, Koichi (Waseda University, Japan, [email protected]) Sugaya, Takuo (Stanford University, USA, [email protected]) Sun, Yeneng (National University of Singapore, Singapore, [email protected]) Suzuki, Nobu-Yuki (Shizuoka University, Japan, [email protected]) Takahashi, Satoru (National University of Singapore, Singapore, [email protected]) Takeuchi, Ai (Ritsumeikan University, Japan, [email protected]) Tanaka, Hisatoshi (Waseda University, Japan, [email protected]) Villamil, Anne (University of Iowa, USA, [email protected]) Yamada, Tomoyuki (Hokkaido University, Japan, yamada@hokkaido.email.ne.jp) Yannelis, Nicholas C (University of Iowa, USA, [email protected]) Yano, Makoto (Kyoto University, Japan, [email protected]) Yeh, Chun-Hsien (Academic Sinica, Taiwan, [email protected])

Program Summary

19th August 2014 WASEDA CAMPUS Registration: 8:00AM Building 10, Room 101-102 Opening Remarks: 9:10AM Building 10, Room 109

19th August, 9:30AM - 11:30AM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Kojima, F. Kline, J. Reffett, K. Qin, C-Z. Rusinowska, A. Akiyama, E. Guo, J-T.

Title Matching and Foundational Dynamic New Social Networks Dynamical Equilibrium

Market Issues in Game General Directions Systems Indeterminacy

Design Theory Equilibrium in Applied and

Models Game Macroeconomic

Theory Stability

Plenary Talk: 11:45AM - 12:45PM Building 8, Room B101

Chair: Masao Ogaki; Questioner: Hülya Eraslan Speaker: Nobuhiro Kiyotaki (Princeton University) Title: Financial Crisis and Public Policy

Lunch: 12:45PM - 2:00PM Okuma Garden House (on the Waseda Campus)

19th August, 2:00PM - 4:00PM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Funaki, Y. S u n, Y. Chateauneuf, A. & Borgers, T. Matsushima, H. Akiyama, E., Sugaya, T. Flesch. J.

Cornet, B. Chair:

Yamamoto, H.

Title Economic Mathematical Topics in Decision Foundations of Combinatorial Simulation on Dynamic Stochastic

Experiment Economics Theory Game Theory Auctions and Social Behavior Games, Games and

and and Dynamics Contracts, Their

Cognition Mechanism and Applications

Design Markets

Tutorial Talk: 4:15PM - 5:15PM Building 8, Room B101

Chair: Tilman Borgers; Questioner: J. Jude Kline Speaker: Tai-Wei Hu (Northwestern University) Title: Prediction/Decision Making in Epistemic Logic

Reception/Dinner: 6:00PM - 8:30PM at Chinzanso Hotel: 10 minutes on foot from Waseda University

20th August, 9:20AM - 11:20AM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Hanaki, N. Lippert, S. Herings, J-J. & Suzuki, Chun, Y. Facchini, G. Gao, Z., Chair: Villamil, A.

Okada, A., Chair: N-Y. Kasahara, H.

Herings, J-J.

Title Experiments Industrial Non-cooperative Epistemic Social Choice International Contemporary Allocation and

on Learning Organization Coalitional Logic and & Cooperative Trade Topics in Mis-allocation

Bargaining Theory Game Game Theory Econometrics

I Theory

Plenary Talk: 11:35AM - 12:35PM Building 8, Room B101 Chair: Nicholas Yannelis; Questioner: Edward Green Speaker: Polemarchakis, Herakles (University of Warwick, UK) Title: Intervention in Market Economies

Lunch: 12:35PM - 1:45PM Okuma Garden House (on the Waseda Campus)

Editor’s Meeting: 12:40PM - 1:40PM Building 10, Room 304 (lunch included)

20th August, 1:45PM - 3:45PM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Ishikawa, R. Barbos, A. Okada, A. & Herings, Sandroni, A., Hörner, J. Dávila, J. Peng, S-K. Grabisch, M.

J-J., Chair: Okada, A. Chair: Riascos, A.

Title Experiments Industrial Non-cooperative Economics of Dynamic Optimal Trade and Solutions of

in Games Organization Coalitional Science and Logic Models of Taxation Hetergenous Cooperative

and Contract Bargaining Theory II Trade and Productivity Games

Learning I

20th August, 4:00PM - 6:00PM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Manzini, P. Yano, M. Ogaki, M. Eraslan, H. Hörner, J., Chair: Gahvari, F., Guo, J-T., Chair: Kamihigashi, T.

Scarsini, M. Chair: Chen, H-J.

Micheletto, L.

Title Bounded Competition Behavioral Dynamic Dynamic Models of Topics in Macroeconomic Dynamic

Rationality Theory and Economics Political Trade and Learning Taxation Policies Programming

Market Quality Economy II

21th August, 9:00AM - 11:00AM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Nachbar, J. Chang, C. Kehoe, T. Takeuchi, A. Suga, K. Hu. T-W. Amir, R. Yeh, C-H.

Title Stochastic Cooperative Advances in Behavioral Fairness in Monetary Complementarities and Topic on Economic

Choice Game Theory I International Game Theory Economics I Economics Games Theory and Its

Trade and Application

Mechanism

Design

Plenary Talk: 11:20AM - 12:20PM Building 8, Room B101

Chair: Simon Grant; Questioner: Yanjing Wang Speaker: Liu, Fenrong (Tsinghua University, China) Title: Emergence of Preferences from the Logical Perspective

Lunch: 12:20PM - 1:30PM Okuma Garden House (on the Waseda Campus)

21th August, 1:30PM - 3:30PM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Ko h, Y. Muto, S. Takahashi, S. Yamada, T. Suga, K., Chair: Yannelis, N., Bloch, F. Stecher, J., Chair:

Tadenuma, K. Chair: Selden, L. Rubinchik, A.

Title Topics in Cooperative Incomplete Logical Fairness in Topics in Coalitions and Decision Theory

Matching Game Theory Information in Perspectives on Economics II Economic Theory Public Goods I

Theory II Games and Social I

Mechanisms Interactions and

Epistemic

Justification

21th August, 3:45PM - 5:45PM Building 10

Room 201 202 203 204 205 206 207 208

Organizer/Chair Ortner, J. Sonderegger, S. Mylovanov, T. Tanaka, H., Chair: Yannelis, N. Kamihigashi, T., Bloch, F. Kaneko, M.

Shirai, K. Chair: Bich, P.

Title Political Evolutionary Persuasion and Revealed Topics in Time Coalitions and Foundational

Economy Foundations of Communication Preference Economic Consistency Public Goods II Issues in Game

Preferences Theory II Theory and

Economics

21th August, 5:50PM - 6:00PM Building 10, Room 109 Closing Remarks

PLENARY TALK / TUTORIAL DETAILS

Tuesday, August 19, 2014

Plenary Talk: 11:45AM - 12:45PM Building 8, Room B101 Speaker: Nobuhiro Kiyotaki (Princeton University) Chair: Masao Ogaki; Questioner: Hülya Eraslan Title: Financial Crisis and Public Policy

Tutorial Talk: 4:15PM - 5:15PM Building 8, Room B101 Speaker: Tai-Wei Hu (Northwestern University) Chair: Tilman Borgers; Questioner: J. Jude Kline Title: Prediction/Decision Making in Epistemic Logic

Wednesday, August 20, 2014

Plenary Talk: 11:35AM - 12:35PM Building 8, Room B101 Speaker: Polemarchakis, Herakles (University of Warwick, UK) Chair: Nicholas Yannelis; Questioner: Edward Green Title: Intervention in Market Economies

Thursday, August 21, 2014

Plenary Talk: 11:20AM - 12:20PM Building 8, Room B101 Speaker: Liu, Fenrong (Tsinghua University, China) Chair: Simon Grant; Questioner: Yanjing Wang Title: Emergence of Preferences from the Logical Perspective

SATELLITE CONFERENCE / WORKSHOPS FRIDAY, AUGUST 22, 2014

The four satellite workshops (the satellite conference is called Workshop A) will take place after the SAET Conference. ------

SAET Satellite Conference (Workshop A) “Normative Economics from the Traditional and Nontraditional Views” Organized by Masao Ogaki (Keio University) & Toyotaka Sakai (Keio University) Co-sponsored by Japanese Economic Review (JER), Keio Economic Society, and Wiley Location: Keio University, Mita Campus, North Building, Conference Hall (Access and campus maps at http://www.keio.ac.jp/en/maps/mita.html) Date and Time: August 22, 2014, 9:20 am to 5:45 pm (the reception from 6:00 pm) ------

Satellite Workshop B "Game Theory and Applications" Organized by Yukihiko Funaki (Waseda University) and Hans Peters, (University of Maastricht) Location: Waseda University in Building 11, Room 703 More information can be found at http://www.saet.uiowa.edu/event-14/SAET%20Satellite%20Workshop%20B.pdf Date and Time: August 22, 2014, 10:00 am to 4:30 pm ------

Satellite Workshop C "Foundational Issues in Economics and Game Theory" Organized by Chih Chang (National Tsing Hua University) & Jeff Kline (University of Queensland) Location: Waseda University in Building 11, Room 704 More information can be found at http://www.saet.uiowa.edu/event-14/CSAET%20Satellite%20WorkshopC.pdf Date and Time: August 22, 2014, 10:00 am to 4:30 pm ------

Satellite Workshop D Organized by Simona Settepanella (Hokkaido University), Hiroaki Terao (Hokkaido University), Masahiko Yoshinaga (Hokkaido University) and Makoto Nishibe (Hokkaido University) Location: Hokkaido Island More information can be found at http://www.math.sci.hokudai.ac.jp/~mathecon/index.html Dates: August 22-24, 2014

PARALLEL SESSION DETAILS Presenting authors are listed first.

Tuesday, August 19, 2014, 9:30-11:30 Building 10

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Matching and Market Design Organizer: Fuhito Kojima Room: 201

Trading Networks with Bilateral Alex Teytelboym (MIT, USA, [email protected]) Contracts

Elizabeth Baldwin (London School of Economics, UK, [email protected]), Paul Geometry in Matching and Market Klemperer (Oxford University, UK) Equilibrium

Makoto Yokoo (Kyushu University, Japan, [email protected]), Fuhito Kojima Constrained Matching and M-natural (Stanford University, USA), Akihisa Tamura (Keio University, Japan) Concavity

Fuhito Kojima (Stanford University, USA, [email protected]), Yeon-Koo Efficient Assignment under Che (Columbia University, USA), Jinwoo Kim (Seoul National University, South Interdependent Values Korea)

Foundational Issues in Game Theory Organizer: Jeffrey Kline Room: 202

Simon Grant (University of Queensland, Australia, [email protected]), Idione Meneghel (Australian National University, Australia), Rabee Tourky (Australian Savage Games National University, Australia)

Reconstruction of an Inductively Samuel Waltener (University Saint Louis, Belgium, [email protected]) Derived View by an Inductive Continuation Process

Thierry Lavendhomme (University Saint Louis, Belgium, [email protected]) A Logical Approach to IGT

Jeffrey Kline (University of Queensland, Australia, [email protected]), Simon Grant Sub-models for Interactive (University of Queensland, Australia), Patrick O'Callaghan (University of Queensland, Unawareness Australia), John Quiggin (University of Queensland, Australia)

Dynamic General Equilibrium Models Organizer: Kevin Reffett Room: 203

Recursive Equilibrium with Price Rodrigo Raad (Federal University of Minas Gerais and Getulio Vargas Foundation, Perfect Foresight and a Minimal State Brazil, [email protected]) Space

Securitization and Leverage in Alexis Akira Toda (University of California San Diego, USA, [email protected]) General Equilibrium

Martin Kaae Jensen (University of Leicester, UK, [email protected]), Daron The Economics of Occupational Acemoglu (MIT, USA) Choice

Kevin Reffett (Arizona State University, USA, [email protected]), Francesco Dual Methods for Comparing Agostinelli (Arizona State University, USA), Manjira Datta (Arizona State University, Recursive Equilibria USA), Lukasz Wozny (Warsaw School of Economics, Poland)

New Directions in Applied Game Theory Organizer: Cheng-Zhong Qin Room: 204

Matan Tsur (University of Vienna, Austria, [email protected]) Financial Contracts and Bargaining

Yifei Sun (National University of Singapore, Singapore, [email protected]), Yi- Exact Implementation in Backwards Chun Chen (National University of Singapore, Singapore) Induction

Endogenous Choice of a Mediator: Jin Yeub Kim (University of Nebraska-Lincoln, USA, [email protected]) Inefficiency of Bargaining

Cheng-Zhong Qin (University of California, Santa Barbara, USA, [email protected]) Bribery in Rank-Order Tournaments

Social Networks Organizer: Agnieszka Rusinowska Room: 205

Forward-looking Pairwise Stability in Noemí Navarro (Basque Country University and IKERBASQUE, Basque Foundation Networks with Externalities Across for Science, Spain, [email protected]) Components

Gaëtan Fournier (University of Paris 1, Centre d'Economie de la Sorbonne, France, Hotelling Games on Networks: [email protected]), Marco Scarsini (Singapour University of Technology and Efficiency of Equilibria Design, Singapore)

Anja Prummer (Cambridge-INET Institute, University of Cambridge, UK, Institutions and the Preservation of [email protected]), Jan-Peter Siedlarek (University of Mannheim, Germany) Cultural Traits

Agnieszka Rusinowska (Paris School of Economics - CNRS, University of Paris 1, Centre d'Economie de la Sorbonne, France, [email protected]), Modeling Ingratiation and Favoritism Vassili Vergopoulos (Paris School of Economics, University of Paris 1, France)

Dynamical Systems Organizer: Eizo Akiyama Room: 206

Complexity and Information in Takashi Ikegami (University of Tokyo, Japan, [email protected]) Massive Data Flows

Creating the Propagational Investment Ken Suzuki (University of Tokyo, Japan, [email protected]) Currency System

Asymmetric Game Dynamics and its Yuzuru Sato (Hokkaido University, Japan, [email protected]) Applications

Eizo Akiyama (University of Tsukuba, Japan, [email protected]) Evolution of Behavioral Heterogeneity

Equilibrium Indeterminacy and Macroeconomic Stability Organizer: Jang-Ting Guo Room: 207

Oscar Pavlov (Queensland University of Technology, Australia, Product Scope, Sunspots and [email protected]), Mark Weder (University of Adelaide, Australia) Economic Fluctuations

Indeterminacy with No-Income-Effect Yan Zhang (Shanghai University of Finance and Economics, China, Preferences and Externalities: A Re- [email protected]), Yan Chen (Shandong University, China) examination

Teresa Lloyd-Braga (Catolica Lisbon School of Business and Economics, Portugal, Government Spending and Fiscal [email protected]), Leonor Modesto (Catolica Lisbon School of Business and Policy Stabilizing Rules Economics, Portugal)

Progressive Taxation as an Automatic Shu-Hua Chen (National Taipei University, Taiwan, [email protected]), Jang- Destabilizer under Endogenous Ting Guo (University of California-Riverside, USA) Growth

Tuesday, August 19, 2014, 2:00-4:00 Building 10

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Economic Experiment and Cognition Organizer: Yukihiko Funaki Room: 201

Monetary Incentives and Game- Robert Veszteg (Waseda University, Japan, [email protected]), Yukihiko theoretical Payoffs in Laboratory Funaki (Waseda University, Japan) Experiments

Takehito Masuda (Kochitech, Japan, [email protected]), Yoshi Saijo Simplest Solution to the Free-Rider (Kochitech, Japan) Problem: Theory and Experiment

Yukio Koriyama (Ecole Polytechnique, France, [email protected]), Endogenous Cognitive Hierarchy Ali Ihsan Ozkes (Ecole Polytechnique, France and Istanbul Bilgi University, Turkey) Model: Theory and Experiments

Strategic Thinking in a Private Yukihiko Funaki (Waseda University, Japan, [email protected]) Information Game: Comparisons of Eye-tracking and Mouse-tracking

Mathematical Economics Organizer: Yeneng Sun Room: 202

A Unified Approach to Revealed John Quah (University of Oxford, UK, [email protected]), Hiroki Preference Theory: The Case of Nishimura (University of California-Riverside, USA), Efe Ok (NYU, USA) Rational Choice

Endogenously Dynamically Complete Roberto Raimondo (University of Melbourne, Australia, [email protected]), Equilibria for Financial Markets: The Yakar Kannai (Weizmann Institute of Science, Israel) General Case

Decentralizability of Multi-Agency Yu Chen (Nanjing University, China, [email protected]) Contracting with Bayesian Implementation

Yeneng Sun (National University of Singapore, Singapore, [email protected]), Wei He Stationary Markov Perfect Equilibria (National University of Singapore, Singapore) in Discounted Stochastic Games

Topics in Decision Theory Organizers: Alain Chateauneuf & Bernard Cornet Room: 203

A Note on Incentives, Temptation and Lukasz Wozny (Warsaw School of Economics, Poland, [email protected]) Self-control

Dynamic Consistency and Ambiguity: Brian Hill (GREGHEC, HEC Paris, and CNRS, France, [email protected]) A Reappraisal

Alain Chateauneuf (IPAG Business School & Paris School of Economics, Université Paris 1, France, [email protected]), Philippe Bich (Paris School of Multidimensional Inequalities and Economics, Université Paris 1, France), Sinem Bas (Paris School of Economics, Generalized Quantile Functions Université Paris 1, France)

Bernard Cornet (Paris School of Economics, Université Paris 1, France & University of Submodular Financial Markets with Kansas, USA, [email protected]), Alain Chateauneuf (IPAG Business School & Frictions Paris School of Economics, Université Paris 1, France)

Foundations of Game Theory and Mechanism Design Organizer: Tilman Borgers Room: 204

Ben Brooks (Princeton, USA, [email protected]), Dirk Bergemann (Yale, Extremal Information Structures in the USA), Stephen Morris (Princeton, USA) First Price Auction

Antonio Penta (University of Wisconsin, USA, [email protected]), Mariann Ollar Full Implementation and Belief (University of Wisconsin, USA) Restrictions

Revenue Guarantees in Auctions with Takuro Yamashita (University of Toulouse, France, [email protected]) a Common Prior

Dominated Dominant Strategy Tilman Borgers (University of Michigan, USA, [email protected]) Mechanisms

Combinatorial Auction and Dynamics Organizer: Hitoshi Matsushima Room: 205

Ryuji Sano (Institute of Economic Research, Kyoto University, Japan, A Dynamic Mechanism Design for [email protected]) Scheduling with Different Use Lengths

Masayuki Kubota (Graduate School of Economics, University of Tokyo, Japan, Sequential Auctions with [email protected]) Heterogeneous Qualities

Wataru Tamura (Faculty of Economics, The University of Tokyo, Japan, Auction Platform Design and the [email protected]) Linkage Principle

Efficient Combinatorial Allocation: Hitoshi Matsushima (Faculty of Economics, The University of Tokyo, Japan, Voluntary Participation versus [email protected]) Stability

Simulation on Social Behavior Organizer: Eizo Akiyama, Chair: Hitoshi Yamamoto Room: 206

Yoh Iwasa (Kyushu University, Japan, [email protected]), Joung-Hun Lee (Kyushu Harvester-Enforcer Games of University, Japan), Karl Sigmund (University of Vienna, Austria), Ulf Dieckmann Corruption: How to Suppress Illegal (International Institute for Applied Systems Analysis, Austria) Logging

In-Group Favoritism Caused by Koji Oishi (University of Tokyo, Japan, [email protected]) Indirect Reciprocity

Cooperation Accelerated by Defection Hitoshi Yamamoto (Rissho University, Japan, [email protected]), Isamu Okada (Soka and Decelerated by Reward in a University, Japan), Fujio Toriumi (University of Tokyo, Japan) Generalized Metanorms Game

Trust, Network, and Wealth Shu-Heng Chen (National Chengchi University, Taiwan, [email protected]), Accumulation and Distribution: An Bin-Tzong Chie (Tamkang University, Taiwan) Agent-Based Model

Dynamic Games, Contracts, and Markets Organizer: Takuo Sugaya Room: 207

Colin Stewart (University of Toronto, Canada, [email protected]), Rahul Deb Optimal Adaptive Testing (University of Toronto, Canada)

Edoardo Grillo (Collegio Carlo Alberto, Italy, [email protected]), A Model of Educational Investment Andrea Gallice (Collegio Carlo Alberto, Italy) and Social Status

Endogenous Information Acquisition, Ming Yang (Duke University, USA, [email protected]), Stephen Morris Continuous Choice and Approximate (Princeton University, USA) Common Knowledge

The Characterization of the Limit Takuo Sugaya (Stanford University, USA, [email protected]) Equilibrium Payoff Set with Mediator and General Monitoring

Stochastic Games and Their Applications Organizer: János Flesch Room: 208

Noisy Strategic Interactions and the Frank Page (Indiana University, USA, [email protected]), Joana Resende Emergence of Stationary Network (University of Porto, Portugal) Dynamics

Zsombor Z. Méder (Maastricht University, The Netherlands, Naiveté and Sophistication in Dynamic [email protected]), János Flesch (Maastricht University, The Inconsistency Netherlands), Ronald Peeters (Maastricht University, The Netherlands)

Itai Arieli (Technion - Israel Institute of Technology, Israel, [email protected]), Determinacy of Games with Stochastic Yehuda John Levy (University of Oxford, England ) Eventual Perfect Monitoring

János Flesch (Maastricht University, The Netherlands, Subgame-Perfect Equilibria in Perfect [email protected]), Arkadi Predtetchinski (Maastricht University, The Information Games with Common Netherlands) Limit Preferences

Wednesday, August 20, 2014, 9:20-11:20 Building 10

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Experiments on Learning Organizer: Nobuyuki Hanaki Room: 201

Alan Kirman (GREQAM, Aix-Marseille University, EHESS, France, [email protected]), Paul Pezanis Christou (University of Adelaide, Australia), First things first: Discovering Nobuyuki Hanaki (Aix-Marseille University (Aix-Marseille School of Economics), sequential structure CNRS, EHESS, IUF, France)

Sylvie Thoron (University Paris-Est Creteil, France, [email protected]), Eric Resentment or empathy: How do Guerci (GREDEG, University of Nice-Sophia-Antipolis, France), Stephania Mortola subjects react to a dictator game? (University of East Anglia, UK)

Te Bao (University of Groningen, The Netherlands, [email protected]), John Duffy Adaptive and Eductive Learning: (University of Pittsburgh, USA) Theory and Evidence

Nobuyuki Hanaki (Aix-Marseille Univeristy (Aix-Marseille School of Economics), Experiments on Least Unique Positive CNRS, EHESS, IUF, France, [email protected]), Takashi Yamada (Tokyo Integer Games Institute of Technology, Japan)

Industrial Organization Organizer: Steffen Lippert Room: 202

Arghya Ghosh (University of New South Wales, Australia, [email protected]) Partial Equity Ownership

Reiko Aoki (Hitotsubashi University, Japan, [email protected]) Standards and Innovation

Better the Devil you Know: A María Martín-Rodríguez (Nagoya University, Japan, Dynamic Duopoly Model with [email protected]) Switching Costs

Simona Fabrizi (Massey University, New Zealand, [email protected] ), Francis Learning, Entry and Competition with Bloch (Paris School of Economics and Universite Paris 1, France), Steffen Lippert

Uncertain Common Entry Costs (University of Auckland, New Zealand)

Non-cooperative Coalitional Bargaining Theory I Organizers: P. Jean-Jacques Herings & Akira Okada, Room: 203 Chair: P. Jean-Jacques Herings

Nozomu Muto (Yokohama National University, Japan, [email protected]), Multi-Agent Search with Deadline Yuichiro Kamada (University of California-Berkeley, USA)

A Non-cooperative Bargaining Theory Akira Okada (Hitotsubashi University, Japan, [email protected]) with Incomplete Information: Verifiable Types

Hannu Salonen (University of Turku, Finland, [email protected]) On Markovian Cake Sharing Problems

Quan Wen (University of Washington, USA, [email protected]), Marco Mariotti Subgame Perfect Implementation of (University of St Andrews, UK) Nash Rationing Solutions

Epistemic Logic and Game Theory Organizer: Nobu-Yuki Suzuki Room: 204

Decision Criteria and Their Feasibility Nobu-Yuki Suzuki (Shizuoka University, Japan, [email protected]) in Games with Constructive Reasoning

A Dynamic Epistemic View on Two Yanjing Wang (Peking University, China, [email protected]) Interpretations of Imperfect Information Extensive-Form Games

Katsuhiko Sano (Japan Advanced Institute for Science and Technology, Japan, Preference Management over Lewis' [email protected]) System of Spheres

Thomas Ågotnes (University of Bergen, Norway, [email protected]), Wiebe van der Hoek (University of Liverpool, UK), Paul Harrenstein (University of Epistemic Boolean Games Oxford, UK), Michael Wooldridge (University of Oxford, UK)

Social Choice and Cooperative Game Theory Organizer: Youngsub Chun Room: 205

An Axiomatization of the Shapley Rene van den Brink (VU University Amsterdam, The Netherlands, Value for Assignment Games Using a [email protected]), Miklos Pinter (Corvinus University of Budapest, Hungary) Fairness Property

Biung-Ghi Ju (Seoul National University, Korea, [email protected]), Wonki Jo Cho Independence of Irrelevant Opinions (University of Manchester, UK) and Symmetry Imply Liberalism

Shiran Rachmilevitch (University of Haifa, Israel, [email protected]) Bargaining without Pareto Optimality

Youngsub Chun (Seoul National University, Korea, [email protected]), Manipushpak Mitra (Indian Statistical Institute, India), Suresh Mutuswami (University of Leicester, Reordering an Existing Queue UK)

International Trade Organizer: Giovanni Facchini Room: 206

Vincent Anesi (University of Nottingham, UK, [email protected]), Coercive Trade Policy Giovanni Facchini (University of Nottingham, UK)

Unequal Gains, Prolonged Pain: Gerald Willmann (University of Bielefeld, Germany, [email protected] Dynamic Adjustment Costs and bielefeld.de), Emily Blanchard (Dartmouth College, USA) Protectionist Overshooting

Taiji Furusawa (Hitotsubashi University, Japan, [email protected]), Relationship Specificity, Market Tomohiro Ara (Fukushima University, Japan) Thickness, and International Trade

Giovanni Facchini (University of Nottingham, UK, Mind What Your Voters Read: Media [email protected]), Tommaso Frattini (University of Milan, Italy), Exposure and International Economic Cora Signorotto (University of Milan, Italy) Policy Making

Contemporary Topics in Econometrics Organizer: Zhengyuan Gao, Chair: Hiroyuki Kasahara Room: 207

Hiroyuki Kasahara (University of British Columbia, Canada, [email protected]), Testing the Number of Components in Katsumi Shimotsu (University of Tokyo, Japan) Finite Mixture Models

Sébastien Van Bellegem (CORE, University c. of Louvain, Belgium, High Dimensional Portfolio [email protected]), Daniel Koch (CORE, University c. of Louvain, Optimization by Wavelet Thresholding Belgium)

Anson Ho (Kansas State University, USA, [email protected]) ), Kim P. Huynh (Bank of Productivity Reallocation and Canada, Canada), David Jacho-Chavez (Emory University, USA) Distortions: Evidence from Ecuadorian Firm-Level Data

Zhengyuan Gao (University of Iowa, USA, [email protected]), Kenneth Judd Representation and Estimation for (Hoover Institute, USA) Equilibrium Manifolds

Allocation and Mis-allocation Organizer: Anne Villamil Room: 208

Non-existence of Weakly Pareto Foivos Xanthos (University of Alberta, Canada, [email protected]) Optimal Allocations

Jan Wenzelburger (TU Kaiserslautern & University of Liverpool, Germany & UK, On the Effectiveness of Capital [email protected]), Gevorg Hunanyan (TU Kaiserslautern, Germany) Requirements

Makoto Nakajima (Federal Reserve Bank-Philadelphia, USA, Health Care Reform or Labor Market [email protected]), Didem Tuzemen (Federal Reserve Bank-Kansas City, Reform? A Quantitative Analysis of the USA) Affordable Care Act

Anne Villamil (University of Iowa, USA, [email protected]), David Chivers Mandated Benefits, Entrepreneurship (University of Oxford, UK), Zhigang Feng (University of Illinois, USA) and Labor Market Mis-allocation

Wednesday, August 20, 2014, 1:45-3:45 Building 10

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Experiments in Games Organizer: Ryuichiro Ishikawa Room: 201

Nicholas Ziros (University of Cyprus, Cyprus, [email protected]), Iván Barreda- Strategic Behavior in Exchange Tarrazona (Universitat Jaume I, Castellón, Spain), Aurora García-Gallego Economies with No-trade Nash (Universitat Jaume I, Castellón, Spain), Nikolaos Georgantzís (Universitat Jaume I, Equilibrium Castellón, Spain)

Belief Learning in a Signalling Game Alex Possajennikov (University of Nottingham, UK, without Common Prior: An [email protected]) Experiment

Morimitsu Kurino (Tsukuba University, Japan, [email protected]), Isa E. College Admissions with Entrance Hafalir (Carnegie Mellon University, USA), Rustamdjan Hakimov (WZB, Germany), Exams: Centralized versus Dorothea Kuebler (WZB, Germany) Decentralized

Ryuichiro Ishikawa (University of Tsukuba, Japan, [email protected]), Experimental Asset Market under Hironori Tsuruzono (University of Tsukuba, Japan), Yoichiro Fujii (Osaka Sangyo Asymmetric Information University, Japan), Tatsuya Goto (Osaka Sangyo University, Japan)

Industrial Organization and Contracts Organizer: Andrei Barbos Room: 202

Andrei Barbos (University of South Florida, USA, [email protected]), Yi Deng The Impact of a Public Option in the (Federal Trade Commission, USA) Health Insurance Market

The Allocation of Future Business: Daniel Barron (Northwestern University, USA, [email protected]), Dynamic Relational Contracts with Isaiah Andrews (MIT, USA) Multiple Agents

Maciej H. Kotowski (Harvard University, USA, [email protected]), If Many Seek, Ye Shall Find: Search Richard J. Zeckhauser (Harvard University, USA) Externalities and New Goods

Information Disclosure in Markets: Anne-Katrin Roesler (University of Bonn, Germany, [email protected]) Auctions, Contests, and Matching Markets

Non-cooperative Coalitional Bargaining Theory II Organizers: Akira Okada & P. Jean-Jacques Herings, Room: 203 Chair: Akira Okada

Kalyan Chatterjee (Pennsylvania State University, USA, [email protected]), Kaustav Das Decentralised Bilateral Trading with (University of Exeter, UK) Incomplete Information

Francis Bloch (Paris School of Economics & Universite Paris 1, France, [email protected]), P. Jean-Jacques Herings (Maastricht University, The Bargaining on Complex Multiple Issues Netherlands)

Maria Montero (IKERBASQUE and UPV/EHU, Spain & University of Nottingham, Legislative Bargaining with Weighted UK, [email protected]) Voting: Some Counterintuitive Results

P. Jean-Jacques Herings (Maastricht University, The Netherlands, Bargaining Under Monotonicity [email protected]), Arkadi Predtetchinski (Maastricht University,

Constraints The Netherlands)

Economics of Science and Logic Organizer: Alvaro Sandroni, Chair: Alvaro Riascos Room: 204

Alvaro J. Riascos Villegas (Universidad de los Andes, Columbia, The Problem of Induction in First [email protected]) Order Theories

Nicolas Lambert (Stanford University, USA, [email protected]), Christopher P. Dynamically Eliciting Unobservable

Chambers (University of California-San Diego, USA) Information

A Subjective Approach to Quantum Eran Shmaya (Northwestern University, USA, [email protected]) Probability

Dynamic Models of Trade and Learning I Organizer: Johannes Hörner Room: 205

Stefano Lovo (HEC Paris, France, [email protected]) Unique Durable Assets

Chantal Marlats (Université Panthéon-Assas, France, [email protected]) Information Delay in Teams

Bertrand Gobillard (Toulouse School of Economics, France, bertrand.gobillard@tse- Public Opinion and the Wisdom of the fr.eu) Crowd

Monitoring in Strategic Johannes Hörner (Yale University, USA, [email protected] ) Experimentation

Optimal Taxation Organizer: Julio Dávila Room: 206

Taxing Capital is a Good Idea: The Ryoji Hiraguchi (Chiba University, Japan, [email protected]), Akihisa Shibata (Kyoto Role of Idiosyncratic Risk in an OLG University, Japan) Model

Constrained Efficiency in a Risky Ye-na Park (University of Pennsylvania, USA, [email protected]) Human Capital Model

Optimal Investment Taxes and Borys Grochulski (The Federal Reserve Bank of Richmond, USA, Efficient Market Provision of Liquidity [email protected]), Zhang Yuzhe (Texas A&M University, USA) in the Diamond-Dybvig Model

Julio Dávila (CORE University c. of Louvain, Belgium, [email protected]) Public Domain

Trade and Hetergenous Productivity Organizer: Shin-Kun Peng Room: 207

Dao-Zhi Zeng (Tohoku University, Japan, [email protected]), Xi Yang (Xiamen Firm Selection, Trade Costs and University, China) International Inequalities

Alireza Naghavi (University of Bologna, Italy, [email protected]), Shin-Kun Outsourcing, Relationship Investment, Peng (Academia Sinica, Taiwan), Yingyi Tsai (National University of Kaohsiung, and Supplier Heterogeneity Taiwan)

Wen-Tai Hsu (Singapore Management University, Singapore, [email protected]), A Structural Estimation and Yi Lu (National University of Singapore, Singapore), Guiying Wu (Nanyang Decomposition of Welfare Gains from Techonological University, Singapore) China's Entry to WTO

Yasusada Murata (Nihon University, Japan, [email protected]), Kristian Behrens (University of Quebec at Montreal, Canada), Giordano Mion (University of Distorted Monopolistic Competition Surrey, UK), Jens Suedekum (University of Duisburg-Essen, Germany)

Solutions of Cooperative Games Organizer: Michel Grabisch Room: 208

The Bilateral Consistent Prekernel for Jose Manuel Zarzuelo (The Basque Country University, Spain, (Boundary) Balanced Games and [email protected]), Guni Orshan (The Hebrew University, Israël), Peter Ordinal Prekernels for Economic Sudhölter (University of Southern Denmark, Denmark) Environments

Frank Huettner (Leipzig Graduate School of Management, Germany, Egalitarianism, Monotonicity, and [email protected]), André Casajus (Leipzig Graduate School of Management, Egalitarian Shapley Values Germany)

Josune Albizuri (The Basque Country University, Spain, [email protected]), Peter The Core and Communication Sudhölter (University of Southern Denmark, Denmark) Structures

Michel Grabisch (Paris Schoool of Economics, University of Paris I, France, [email protected]), Ulrich Faigle (Universität zu Köln, Germany), Games on Concept Lattices Andres Jimenez-Losada (University of Seville, Spain), Manuel Ordonez (University of Seville, Spain)

Wednesday, August 20, 2014, 4:00-6:00 Building 10

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Bounded Rationality Organizer: Paola Manzini Room: 201

Paola Manzini (University of St Andrews, UK, [email protected]), Imperfect Attention and Menu Marco Mariotti (University of St. Andrews, UK) Evaluation

Collin Raymond (University of Oxford, UK, [email protected]), Yusufcan Reference-Dependence and Choice Masatlioglu (Michigan University, USA) under Risk

Regularities: A Complexity Kemal Yildiz (Bilkent University, Turkey, [email protected]) Classification of Boundedly Rational Choice Theories

Levent Ulku (ITAM, Mexico, [email protected]), Fernando Payro (ITAM, Mexico) Similarity-based Mistakes in Choice

Competition Theory and Market Quality Organizer: Makoto Yano Room: 202

Takashi Komatsubara (Kyoto University, Japan, [email protected]), Price Competition or Price Leadership Makoto Yano (Kyoto University, Japan)

Leapfrogging Cycles in International Yuichi Furukawa (Chukyo University, Japan, [email protected]) Competition

Eric W. Bond (Vanderbilt University, USA, [email protected]), Kamal Saggi Bargaining in the Shadow of (Vanderbilt University, USA) Compulsory Licensing

Masahiko Nakazawa (Kyoto University, Japan, [email protected]), Macroeconomic Model under Makoto Yano (Kyoto university, Japan) Deflation

Behavioral Economics Organizer: Masao Ogaki Room: 203

Breaking Through the Zero Lower Miles S. Kimball (University of Michigan, USA, [email protected]) Bound

A Reformulation of Normative Masao Ogaki (Keio University, Japan, [email protected]), Vipul Bhatt (James Economics for Models with Madison University, USA), Yuichi Yaguchi (Chuo University, Japan) Endogenous Preferences

Daniel J. Benjamin (Cornell University, USA, [email protected]), Aaron Bodoh- Base-Rate Neglect: Model and Creed (University of California, Berkeley, USA), Matthew Rabin (University of Applications California, Berkeley, USA)

Dynamic Political Economy Organizer: Hulya Eraslan Room: 204

Wioletta Dziuda (Northwestern University, USA, [email protected]), Dynamic Collective Choice with Antoine Loeper (Universidad Carlos III de Madrid, Spain) Endogenous Status Quo

Hulya Eraslan (Rice University, USA, [email protected]), Ying Chen (Johns Hopkins Dynamic Agenda Setting University, USA)

Helios Herrera (HEC Montreal, Canada, [email protected]), Massimo Morelli Power Wars (Columbia University, USA), Salvatore Nunnari (Columbia University, USA)

Simple Markovian Equilibria in Jan Zapal (IAE-CSIC, Spain & CERGE-EI, Czech Republic, [email protected]) Dynamic Spatial Legislative Bargaining

Dynamic Models of Trade and Learning II Organizer: Johannes Hörner, Chair: Marco Scarsini Room: 205

Anqi Li (Washington University-St. Louis, USA, [email protected]) Test Contracts

Francesc Dilmé (Bonn University, Germany, [email protected]) Slowing Learning Down

Manuel Mueller-Frank (IESE, Spain, [email protected]) Learning What Matters

Marco Scarsini (Singapore University of Technology and Design, Singapore, Bayesian Social Learning from [email protected]) Consumer Reviews

Topics in Taxation Organizer: Firouz Gahvari, Chair: Luca Micheletto Room: 206

Marta Aloi (University of Nottingham, UK, [email protected]), Manuel Welfare Benefits Reforms and Income Lleite-Monteiro (Universidade Católica Portuguesa, Portugal), Teresa Lloyd-Braga ( Redistribution Universidade Católica Portuguesa, Portugal)

C.C. Yang (Academia Sinica, Taiwan, [email protected]), Yunmin Chen Status Quo, Future Generations, and (National Chengchi University, Taiwan) the Dynamics of Social Security

Luca Micheletto (UCFS, Uppsala University, Sweden, University of Milan & Bocconi Child Care Subsidies, Quality, and the University, Italy, [email protected]), Spencer Bastani (UCFS, Uppsala Optimal Income Tax University, Sweden), Sören Blomquist (UCFS, Uppsala University, Sweden)

Macroeconomic Policies Organizer: Jang-Ting Guo, Chair: Hung-Ju Chen Room: 207

Yunfang Hu (Kobe University, Japan, [email protected]), Kazuo Mino (Kyoto Progressive Taxation and Equilibrium University, Japan) Indeterminacy in an Open Economy

Labor Market Search and Optimal Chia-Hui Lu (National Taipei University, Taiwan, [email protected]) Taxation

Pei-Ju Liao (Academia Sinica, Taiwan, [email protected]), Ping Wang Education and Migration: The Role of (Washington University-St. Louis, USA), Yin-Chi Wang (Chinese University of Hong Zhaosheng and Zhaogong in China Kong, Hong Kong), Chong Kee Yip (Chinese University of Hong Kong, Hong Kong)

Child Allowance, Education Subsidies Hung-Ju Chen (National Taiwan University, Taiwan, [email protected]) and Economic Growth

Dynamic Programming Organizer: Takashi Kamihigashi Room: 208

Dynamic Programming with Anna Jaskiewicz (Wroclaw University of Technology, Poland, Generalized Discounting and [email protected]), Andrzej S. Nowak (University of Zielona Gora, Poland) Unbounded Utilities

Hiroyuki Ozaki (Keio University, Japan, [email protected]) Logarithmic Dynamic Programming

Ronald Carpio (University of International Business and Economics, China, Fast Bellman Iteration: A Dual [email protected]), Takashi Kamihigashi (Kobe Univeristy, Japan) Approach to Dynamic Programming

Masayuki Yao (Kei University, Japan, [email protected]), Takashi Dynamic Programming with Upper Kamihigashi (Kobe Univeristy, Japan) Semicontinuous Returns

Thursday, August 21, 2014, 9:00-11:00 Building 10

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Stochastic Choice Organizer: John Nachbar Room: 201

Gerelt Tserenjigmid (Caltech, USA, [email protected]) The Perception-Adjusted Luce Model

Deliberately Stochastic: Random Pietro Ortoleva (Columbia University, USA, [email protected]) Choice and Preferences for Hedging

Random Choice and Private Jay Lu (Cornell University, USA, [email protected]) Information

Similarity and Substitutability in Paulo Natenzon (Washington University-St. Louis, USA, [email protected]) Random Choice

Cooperative Game Theory I Organizer: Chih Chang Room: 202

Toru Hokari (Keio University, Japan, [email protected]), Yukihiko Funaki Consistency, Anonymity, and the Core

(Waseda University, Japan) on the Domain of Convex Games

Koji Yokote (Waseda University, Japan, [email protected]), Yukihiko Funaki Relationship Between the Shapley (Waseda University, Japan), Yoshio Kamijo (Kochi University of Technology, Japan) Value and Other Solutions

Meng-Yu Liang (Academia Sinica, Taiwan, [email protected]), Eric S. Chou Comparing Dynamic Random (Tsing Hua University, Taiwan), Cheng-Tai Wu (Fu-Jen University, Taiwan) Mechanism

The Lamda-nucleolus for Non- Chih Chang (National Tsing Hua University, Taiwan, [email protected]), transferable Utility Games and Peng-An Chen (National Taitung University, Taiwan) Shapley Procedure

Advances in International Trade Organizer: Timothy J. Kehoe Room: 203

Yoshinori Kurokawa (University of Tsukuba, Japan, Exchange Rate Regimes and Nominal [email protected]), Jiaren Pang (Tsinghua University, China), Yao Wage Comovements in a Dynamic Tang (Bowdoin College, USA) Ricardian Model

Pau S. Pujolàs (McMaster University, Canada, [email protected]), Wyatt Brooks Nonlinear Gravity (University of Notre Dame, USA)

Export Versus FDI with a Network Kenji Fujiwara (Kwansei Gakuin University, Japan, [email protected]) Externality

Using the New Products Margin to Timothy J. Kehoe (University of Minnesota, USA, [email protected]), Jack M. Predict the Industry-Level Impact of Rossbach (NYU, USA), Kim J. Ruhl (University of Minnesota, USA) Trade Reform

Behavioral Game Theory Organizer: Ai Takeuchi Room: 204

Learning to Play the Dominated Ai Takeuchi (Ritumeikan University, Japan, [email protected]), Yoshio Kamijo Strategy?: Experimental Analysis of a (Kochi University of Technology, Japan), Yukihiko Funaki (Waseda University, Japan) Public Goods Game with Punishment Institution

Hearing the Voice of Future Yoshio Kamijo (Kochi University of Technology, Japan, [email protected]), Generations: A Laboratory Tatsuyoshi Saijo (Kochi University of Technology, Japan) Experiment of ‘Demeny Voting’

Is Human Life a Peanut? An Daisuke Udagawa (Tomakomai Komazawa University, Japan, Antithetical Effect of Quality of Human [email protected]), Kazumi Shimizu (Waseda University, Japan) Lives and Goods to People's Decision Under Risk

Naoki Watanabe (University of Tsukuba, Japan, [email protected]), Gabriele Esposito (European Commission, Joint Research Centre, Institute for Prospective Technological Studies), Eric Guerci (Université de Nice Sophia Antipolis (I.S.E.M.) Meaningful Learning in a Weighted and CNRS GREDEG (UMR 7321), France), Nobuyuki Hanaki (Aix-marseille Voting Experiment University, CNRS, EHESS, and I.U.F., France), Xiaoyan Lu (Janssen Pharmaceutica, NV)

Fairness in Economics I Organizer: Koichi Suga Room: 205

Ryo-ichi Nagahisa (Kansai University, Japan, [email protected]), Eiichi Axiomatic Analysis of Moral Code: A Miyagawa (Kobe University, Japan), Koichi Suga (Waseda University, Japan) Social Choice Approach

Unanimity, Anonymity, and Infinite Susumu Cato (Tokyo Metropolitan University, Japan, [email protected]) Population

Tsuyoshi Adachi (Takasaki City University of Economics, Japan, Sequential Majority Voting and [email protected]), Eiichi Miyagawa (Kobe University, Japan) Eliciting Socially Optimal Rankings

When Do Utilitarianism and Kohei Kamaga (Sophia University, Japan, [email protected]) Egalitarianism Agree on Evaluation?: Intersection Approach

Monetary Economics and Mechanism Design Organizer: Tai-Wei Hu Room: 206

Yiting Li (National Taiwan University, Taiwan, [email protected]), Jia Jing Lin Financial Intermediaries, Liquidity, (National Taiwan University, Taiwan) and Payments Fraud

Trejos-Wright with a 2-Unit Bound: Yosuke Igarashi (University of Exeter, UK, [email protected]), Pidong Existence and Stability of Monetary Huang (Korea University, South Korea) Steady States

Luis Araujo (Michigan State University, USA, [email protected]), Tai-Wei Hu Coessentiality of Credit and Money (Northwestern University, USA)

Russell Wong (Bank of Canada, Canada, [email protected]), Guillaume A Tractable Model of Monetary Rocheteau (University of California-Irvine, USA), Pierre-Olivier Weill (Paris School Exchange with Ex-Post Heterogeneity of Economics, France)

Complementarities and Games Organizer: Rabah Amir Room: 207

Tarun Sabarwal (University of Kansas, USA, [email protected]), A. Monaco Games with Strategic Heterogeneity (University of Kansas, USA)

Junjie Zhou (Shanghai University of Finance & Economics, China, The Benefits of Sequentiality in Social [email protected]), Ying-Ju Chen (University of California-Berkeley, USA) Networks

Lukasz Balbus (University of Zielona Gora, Poland, [email protected]), P. Computing Equilibria in Large Static Dziewulski (University of Oxford, UK), K. Reffett (Arizona State University, USA), L. Games Wozny (Warsaw School of Economics, Poland)

Rabah Amir (University of Iowa, USA, [email protected]), L. De Castro Games with Quasi-monotone Best (Northwestern University, USA) Responses

Topic on Economic Theory and Its Application Organizer: Chun-Hsien Yeh Room: 208

Bilateral Consistency and Converse Min-Hung Tsay (Institute of Economics, Academia Sinica, Taiwan, Consistency in Axiomatic and Strategic [email protected]), Cheng-Cheng Hu (National Cheng Kung University, Taiwan), Justifications for the Nucleolus in the Chun-Hsien Yeh (Institute of Economics, Academia Sinica, Taiwan) Nested Cost Sharing Problem

Common Agency with Budget Chiu Yu Ko (National University of Singapore, Singapore, [email protected]) Constraints

Qianfeng Tang (Shanghai University of Finance and Economics, China, A New Perspective on School Choice [email protected]), Jingsheng Yu (Shanghai University of Finance and with Consent Economics, China)

Chun-Hsien Yeh (Institute of Economics, Academia Sinica, Taiwan, A Strategic Interpretation of the [email protected]), Youngsub Chun (Seoul National University, Korea), Shapley Value for the Nested Cost Cheng-Cheng Hu (National Cheng Kung University, Taiwan) Sharing Problem

Thursday, August 21, 2014, 1:30-3:30 Building 10

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Topics in Matching Theory Organizer: Youngwoo Koh Room: 201

Youngwoo Koh (Hanyang University, Korea, [email protected]), Yeon-Koo Decentralized College Admissions Che (Columbia University, USA)

Rigidity of Transfers and Unraveling Songzi Du (Simon Fraser, Canada, [email protected]), Yair Livne (Quora, USA) in Matching Markets

Jinwoo Kim (Seoul National University, Korea, [email protected]), Yeon-Koo Che Stable Matching in Large Economies (Columbia University, USA), Fuhito Kojima (Stanford University, USA)

Second-best Incentive Compatible Hidekazu Anno (Waseda University, Japan, [email protected]), Morimitsu Kurino Allocation Rules for Multiple-type (WZB, Germany) Indivisible Objects

Cooperative Game Theory II Organizer: Shigeo Muto Room: 202

Fuzzy Extensions of Cooperative Nobusumi Sagara (Hosei University, Japan, [email protected]) Games and the Coincidence of Weber Sets

Toshiyuki Hirai (University of Toyama, Japan, [email protected]), Naoki von Neumann-Morgenstern Stable Set Watanabe (University of Tsukuba, Japan) of a Patent Licensing Game

Shin Kishimoto (Chiba University, Japan, [email protected]), Naoki The Kernel of a Patent Licensing Watanabe (University of Tsukuba, Japan) Game

Shigeo Muto (Tokyo Institute of Technology, Japan, [email protected]), Satoru Game Theoretic Approaches to Weight Sekine (Tokyo Institute of Technology, Japan), Jing Fu (Tokyo Institute of Technology, Assignments in DEA Problems Japan)

Incomplete Information in Games and Mechanisms Organizer: Satoru Takahashi Room: 203

Welfare Effects of Information Takashi Ui (Hitotsubashi University, Japan, [email protected]) Acquisition Cost

Rationalizable Implementation under Takashi Kunimoto (Hitotsubashi University, Japan, [email protected]) Incomplete Information

Uniform Optimal Path and Jiangtao Li (National University of Singapore, Singapore, [email protected]), Yi- Foundations of Dominant-Strategy Chun Chen (National University of Singapore, Singapore) Mechanisms

Satoru Takahashi (National University of Singapore, Singapore, [email protected]), Yi- The Weinstein-Yildiz Selection and Chun Chen (National University of Singapore, Singapore), Siyang Xiong (University of Robust Predictions with Arbitrary Bristol, UK) Payoff Uncertainty

Logical Perspectives on Social Interaction and Epistemic Justification Organizer: Tomoyuki Yamada Room: 204

Tomoyuki Yamada (Hokkaido University, Japan, [email protected]) Logical Dynamics of Speech Acts

Jeremy Seligman (University of Auckland, New Zealand, [email protected]) Secret Tweets and Network Discovery

Dynamic Justification Logic for Bryan Renne (University of Amsterdam, The Netherlands, [email protected]) Formal Epistemology

Justification Logics and Their Hidenori Kurokawa (Kobe University, Japan, [email protected]) Applications

Fairness in Economics II Organizer: Koichi Suga, Chair: Koichi Tadenuma Room: 205

Jana Vyrastekova (Nijmegen University, The Netherlands, [email protected]), Name It Fair: Field Evidence on Bjorn Goedhard (Radboud University Nijmegen, The Netherlands) Moral Biases

Koichi Tadenuma (Hitotsubashi University, Japan, [email protected]), An Axiomatization of the Distribution Yongsheng Xu (Georgia State University, USA) of the Budget Sets

On the Existence and Characterizations of Unequal Naoki Yoshihara (Hitotsubashi University, Japan, [email protected]), Sou Exchange in the Free Trade Kaneko (Keio University, Japan) Equilibrium under Heckscher-Ohlin International Economies

Equality of Capabilities- How Should Reiko Gotoh (Hitotsubashi University, Japan, [email protected]) We Identify the Boundary of an Individual’s Capability?

Topics in Economic Theory I Organizer: Nicholas Yannelis, Chair: Larry Selden Room: 206

Formalization and Necessity of Yongchao Zhang (Shanghai University of Finance & Economics, China, Sufficiently-Diffused Information: [email protected]), M. Ali Khan (Johns Hopkins University, USA) Private Information Games with General Action Spaces

Svetlana Boyarchenko (University of Texas at Austin, USA, [email protected]), Ambiguous Jump-Diffusions and Sergei Levendorskii (University of Leicester, UK) Optimal Stopping

The Implementation of the Maximin Zhiwei Liu (Capital University of Economics & Business, China, Rational Expectations Equilibrium [email protected]) Allocations

Exchange Economies with Infinitely Takashi Suzuki (Meiji-Gakuin University, Japan, [email protected]), Many Commodities and a Saturated Nobusumi Sagara (Hosei University, Japan) Measure Space of Consumers

Coalitions and Public Goods I Organizer: Francis Bloch Room: 207

Jens Leth Hougaard (University of Copenhagen, Denmark, [email protected]), Hervé Sharing the Cost of Redundant Items Moulin (University of Glagow, UK)

Coalitional Bargaining with Dominik Karos (University of Oxford, UK, [email protected]) Endogenous Claims

Ben McQuillin (University of East Anglia, UK, [email protected]), Robert Sugden Backward Induction Foundations of (University of East Anglia, UK) the Shapley Value

Remy Oddou (Université Paris Ouest, France, [email protected]) Firm Locations and Sorting

Decision Theory Organizer: Jack Stecher, Chair: Anna Rubinchik Room: 208

On the Rejectability of Subjective Expected Konrad Grabiszewski (ITAM, Mexico, [email protected]) Utility Theory

Posterior Renegotiation-Proofness in a Two- Kei Kawakami (University of Melbourne, Australia, [email protected])

Person Decision Problem

Anna Rubinchik (University of Haifa, Israel, [email protected]), The Frame of Memory Gabi Gayer (Bar Ilan University, Israel)

Thursday, August 21, 2014, 3:45-5:45 Building 10

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Political Economy Organizer: Juan Ortner Room: 201

Dynamic Policy Competition, Salvatore Nunnari (Columbia University, USA, [email protected]), Jan Zapal Ideological Polarization and the Value (IAE-CSIC Barcelona GSE, Spain & CERGE-EI Prague, Czech Republic) of Veto Rights

Sambuddha Ghosh (Boston University, USA, [email protected]), Gabriele Gratton (University of New South Wales, Australia), Caixia Shen (Shanghai University of Terrorism: A Model of Intimidation Finance and Economics, China)

Avidit Acharya (University of Rochester, USA, [email protected]), Adam Sincere Voting in Large Elections Meirowitz (Princeton University, USA)

Political Bargaining in a Changing Juan Ortner (Boston University, USA, [email protected]) World

Evolutionary Foundations of Preferences Organizer: Silvia Sonderegger Room: 202

Arthur Robson (Simon Fraser University, Canada, [email protected]) Evolution of Theory of Mind

Balasz Szentes (London School of Economics, UK, [email protected]), Roberto A Biological Foundation of Risk Robatto (University of Chicago, USA) Preferences

Jakub Steiner (CERGE-EI, Czech Republic and University Of Edinburgh, UK, Perceiving Prospects Properly [email protected]), Colin Stewart (University of Toronto, Canada)

Silvia Sonderegger (University of Nottingham UK, Evoulution of Similarity Judgments in [email protected]), Fabrizio Adriani (University of Leicester, Intertemporal Choice UK)

Persuasion and Communication Organizer: Tymofiy Mylovanov Room: 203

Higher-Order Uncertainty About Andreas Blume (University of Arizona, USA, [email protected]) Language

Optimal Information Disclosure: Anton Kolotilin (University of New South Wales, Australia, [email protected]) Quantity vs Quality

Ricardo Alonso (University of Southern California, USA, [email protected]), Persuading Voters Odilon Camara (University of Southern California, USA)

Andriy Zapechelnyuk (University of Glasgow, UK, [email protected]), Tymofiy Bayesian Persuasion with Mylovanov (University of Pittsburgh, USA) ), Anton Kolotilin (University of New Heterogenous Audience South Wales, Australia), Ming Li (Concordia University, Canada)

Revealed Preference Organizer: Hisatoshi Tanaka, Chair: Koji Shirai Room: 204

Matthew Polisson (University of Leicester, UK, [email protected]), John Revealed Preferences over Risk and Quah (University of Oxford, UK), Ludovic Renou (University of Essex, UK) Uncertainty

Hiroki Nishimura (University of California-Riverside, USA, Individual Rationality in Collective [email protected]) Choice

Koji Shirai (Institute of Economic Research, Kyoto University, Japan, Revealed Preference Test for Normal [email protected]) Demand

Topics in Economic Theory II Organizer: Nicholas Yannelis Room: 205

Larry Selden (Columbia University and University of Pennsylvania, USA, [email protected]), Yakar Kannai (Weizmann Institute of Science, Israel), Minwook Risk Neutrality and Least Concave Kang (Nanyang Technological University, Singapore), Xiao Wei (University of Utility Pennsylvania, USA)

Evolutionary Stability Reconsidered: Takako Fujiwara-Greve (Keio University, Japan, [email protected]), The Case of Voluntarily Separable Masahiro Okuno-Fujiwara (Musashino University, Japan) Repeated Prisoner's Dilemma

Yuichiro Kamada (University of California-Berkeley, USA, [email protected]), Timing of Trades, Welfare, and Price Ryota lijima (Harvard University, USA) Dispersion

Equilibrium Theory with Nicholas C. Yannelis (University of Iowa, USA, [email protected]), Wei Discontinuous and Non-Ordered He (National University of Singapore, Singapore) Preferences

Time Consistency Organizer: Takashi Kamihigashi, Chair: Philippe Bich Room: 206

Jean-Bernard Chatelain (Paris School of Economics, France, Jean- Stabilizing Time Consistent Policies [email protected]), Kirsten Ralf (ESCE, France)

Lisa Morhaim (University of Paris 1, France, [email protected]), Jean-Pierre The Aggregator Approach to Dynamic Drugeon (CNRS/Paris School of Economics, France), Philippe Bich (Paris School of Programming Economics, France)

Some Mathematical Properties of the Dynamically Inconsistent Bellman Takaaki Aoki (Kyoto University, Japan, [email protected]) Equation: A Note on the Two-Sided Altruism Dynamics

Bertrand Wigniolle (Universitiy of Paris 1, France, Bertrand.Wigniolle@univ- Time Consistent Policy Rules with paris1.fr), Jean-Pierre Drugeon (Paris School of Economics, France) Heterogenous Discounting

Coalitions and Public Goods II Organizer: Francis Bloch Room: 207

Rajiv Vohra (Brown University, USA, [email protected]), Debraj Ray (New The Farsighted Stable Set York University, USA)

Hans Peters (University of Maastricht, The Netherlands, Indirect Control and Power in Mutual [email protected]), Dominik Karos (University of Oxford, UK) Control Structures

Rajnish Kumar (Queen's University Belfast, UK, [email protected]), Ruben Strategy-proof Resource Allocation on Juarez (University of Hawaii, USA) a Network

Foundational Issues in Game Theory and Economics Organizer: Mamoru Kaneko Room: 208

Eliminations of Dominated Strategies Shuige Liu (Waseda University, Japan, [email protected]), Mamoru Kaneko and Inessential Players: An (Waseda University, Japan) Abstraction Process

Chen-Ying Huang (National Taiwan University, Taiwan, [email protected]), Hui- Kuan Chung (NYU, USA), Tomas Sjostrom (Rutgers University, USA), Hsin-Ju Lee Why Do Irrelevant Alternatives (National Yang-Ming University, Taiwan), Fu-Yun Tsuo (National Taiwan University, Matter? An fMRI Study of Context- Taiwan), Tzai-Shuen Chen (Washington University-St. Louis, USA), Wen-Jui Kuo Dependent Choice (National Yang-Ming University, Taiwan), Chen-Ying Huang (National Taiwan University, Taiwan)

Byung Soo Lee (University of Toronto, Canada, [email protected]) Degrees of Caution in Games

Approximate Quasi-Linearity for Mamoru Kaneko (Waseda University, Japan, [email protected]) Large Incomes

2014 LIST OF PARTICIPANTS

Last Name First Name Affiliation Email Acharya Avidit Stanford University [email protected]

Adachi Tsuyoshi Takasaki University of Economics [email protected]

Adriani Fabrizio University of Leicester [email protected]

Agatsuma Yasushi Waseda University [email protected]

Agotnes Thomas University of Bergen [email protected]

Akiyama Eizo University of Tsukuba [email protected]

Albizuri M. Josune UPV/EHU [email protected]

Aloi Marta University of Nottingham [email protected]

Alonso Ricardo USC [email protected]

Amir Rabah University of Iowa [email protected]

Amponsah Kwadwo Kobe University [email protected]

Anesi Vincent University of Nottingham [email protected]

Anno Hidekazu Waseda University [email protected]

Aoki Reiko Hitotsubashi University [email protected]

Aoki Takaaki Kyoto University [email protected]

Araki Kazunori Waseda University [email protected]

Araujo Luis Michigan State Univ and Sao Paulo School of Econ- FGV [email protected]

Arieli Itai Technion [email protected]

Avemegah Desmond Kobe University [email protected]

Balbus Lukasz University of Zielona Góra [email protected]

Baldwin Elizabeth London School of Economics [email protected]

Bao Te University of Groningen [email protected]

Barbos Andrei University of South Florida [email protected]

Barron Daniel Northwestern University [email protected]

Benjamin Daniel Cornell University [email protected]

Bich Philippe Paris School of Economics [email protected]

Bloch Francis Paris 1 and Paris School of Economics [email protected]

Blume Andreas University of Arizona [email protected]

Bond Eric Vanderbilt University [email protected]

Borgers Tilman University of Michigan [email protected]

Bosu Abraham Kobe University [email protected] Boyarchenko Svetlana University of Texas at Austin [email protected]

Brooks Benjamin Becker Friedman Institute [email protected]

Carpio Ronaldo University of International Business & Economics [email protected]

Cato Susumu University of Tokyo [email protected]

Chang Chih National Tsing Hua University [email protected]

Chateauneuf Alain Paris School of Economics [email protected]

Chatelain Jean-Bernard Université Paris 1 Panthéon Sorbonne [email protected]

Chatterjee Kalyan Penn State University [email protected]

33 2014 LIST OF PARTICIPANTS

Chen Yu Nanjing University [email protected]

Chen Shu-Heng National Chengchi University [email protected]

Chen Shu-Hua National Taipei University [email protected]

Chen Hung-Ju National Taiwan University [email protected]

Cho Hye-Jin University Paris 1 [email protected] Chun Youngsub Seoul National University [email protected]

Cornet Bernard PSE and University of Kansas [email protected]

Daitoh Ichiroh Keio University [email protected]

Datta Manjira Arizona State University [email protected]

Dávila Julio CORE Université c. de Louvain [email protected]

Dilme Francesc University of Bonn [email protected]

Drugeon Jean-Pierre French National Scientific Research Center / PSE [email protected]

Du Songzi Simon Fraser University [email protected]

Dziuda Wioletta Northwestern University [email protected]

Eraslan Hulya Rice University [email protected]

Fabrizi Simona Massey University & ATE [email protected]

Facchini Giovanni University of Nottingham [email protected]

Flesch János Maastricht University [email protected]

Fournier Gaëtan University of Paris 1 [email protected]

Fujii Yoichiro Osaka Sangyo University [email protected]

Fujiwara Kenji School of Economics, Kwansei Gakuin University [email protected]

Fukuda Emiko National Defense Academy of Japan [email protected]

Funaki Yukihiko Waseda University [email protected]

Furukawa Yuichi Chukyo University [email protected]

Furusawa Taiji Hitotsubashi University [email protected]

Gao Zhengyuan University of Iowa [email protected]

Ghosh Sambuddha Boston University [email protected]

Ghosh Arghya University of New South Wales [email protected]

Gobillard Bertrand Toulouse School of Economics [email protected]

Gokan Yoichiro Ritsumeikan University [email protected]

Gotoh Reiko Hitotsubashi University [email protected]

Grabisch Michel Paris School of Economics [email protected]

Grabiszewski Konrad ITAM [email protected]

Grant Simon University of Queensland [email protected]

Green Edward Pennsylvania State University [email protected]

Greve Takako Keio University [email protected]

Grillo Edoardo Collegio Carlo Alberto [email protected]

Grochulski Borys Federal Reserve Bank of Richmond [email protected]

Guo Jang-Ting University of California, Riverside [email protected]

Hanaki Nobuyuki Aix-Marseille University [email protected]

34 2014 LIST OF PARTICIPANTS

Hashimoto Tadashi Yeshiva University [email protected] Herings Jean-Jacques Maastricht University [email protected]

Herrera Helios HEC Montreal [email protected]

Hill Brian GREGHEC, CNRS & HEC Paris [email protected]

Hiraguchi Ryoji Chiba University [email protected]

Hirai Toshiyuki University of Toyama [email protected]

Ho Anson Kansas State University [email protected]

Hokari Toru Keio University [email protected]

Hörner Johannes Harvard University & Yale University [email protected]

Hougaard Jens University of Copenhagen [email protected]

Hsu Minchung GRIPS [email protected]

Hsu Wen-Tai Singapore Management University [email protected]

Hu Tai-Wei Northwestern University [email protected] Hu Yunfang Tohoku University [email protected]

Huang Chen-Ying National Taiwan University [email protected]

Huettner Frank HHL Leipzig Graduate School of Management [email protected]

Igarashi Yosuke University of Exeter Business School [email protected]

Iijima Ryota Harvard University [email protected]

Ikegami Takashi University of Tokyo [email protected]

Ilhan Aykut Kanazawa University [email protected]

Inoue Yuta Oxford University [email protected]

Ishida Ryo University of Michigan [email protected]

Ishihara Akifumi Kyoto University [email protected]

Ishikawa Ryuichiro University of Tsukuba [email protected]

Iwasa Yoh Kyushu University [email protected]

Iwata Yukinori Nishogakusha University [email protected]

Jaskiewicz Anna Politechnika Wroclawska [email protected]

Jensen Martin University of Leicester [email protected]

Ju Biung-Ghi Seoul National University [email protected]

Kamada Yuichiro Berkeley-Haas [email protected]

Kamaga Kohei Sophia University [email protected]

Kamihigashi Takashi Kobe University [email protected]

Kamijo Yoshio Kochi University of Technology [email protected]

Kamishiro Yusuke Kanto Gakuin University [email protected]

Kaneko Mamoru Waseda University [email protected] Karos Dominik University of Oxford [email protected]

Kasahara Hiroyuki University of British Columbia [email protected]

Kawakami Juno Springer [email protected]

Kawakami Kei University of Melbourne [email protected]

Kehoe Timothy University of Minnesota [email protected]

35 2014 LIST OF PARTICIPANTS

Kim Jinwoo Seoul National University [email protected]

Kim Jin Yeub University of Nebraska-Lincoln [email protected]

Kimball Miles University of Michigan [email protected]

Kirman Alan GREQAM, Aix Marseille Universite [email protected]

Kishimoto Shin Chiba University [email protected]

Kiyotaki Nobuhiro Princeton University [email protected] Kline Jeffrey University of Queensland [email protected]

Ko Chiu Yu National University of Singapore [email protected]

Koh Youngwoo Hanyang University [email protected]

Koida Nobuo Iwate Prefectural University [email protected]

Kojima Fuhito Stanford University [email protected]

Kolotilin Anton UNSW [email protected]

Komatsubara Takashi Kyoto University [email protected]

Kongo Takumi Fukuoka University [email protected]

Koriyama Yukio Ecole Polytechnique [email protected]

Kotowski Maciej Harvard University [email protected]

Kubota Masayuki University of Tokyo [email protected]

Kumar Rajnish Queen's University Belfast [email protected]

Kurino Morimitsu University of Tsukuba [email protected]

Kurokawa Hidenori Kobe University [email protected]

Kurokawa Yoshinori University of Tsukuba [email protected]

Laitinen Jouni Tokyo Institute of Technology [email protected] Lam Yongling Editor [email protected]

Lambert Nicolas Stanford University [email protected]

Lavendhomme Thierry Université Saint-Louis -Bruxelles, Belgium [email protected]

Lee Byung Soo University of Toronto [email protected]

Li Yiting National Taiwan University [email protected]

Li Anqi Washington University in St Louis [email protected]

Li Xueheng University of Nottingham [email protected]

Li Chengyue Tokyo Institute of Technology [email protected]

Li Jiangtao National University of Singapore [email protected]

Liang Meng-Yu Institute of Economics, Academia Sinica [email protected]

Liao Pei-Ju Institute of Economics, Academia Sinica [email protected]

Lippert Steffen University of Auckland [email protected]

Liu Zhiwei Capital University of Economics and Business [email protected]

Liu Fenrong Tsinghua University [email protected]

Liu Shuige Waseda University [email protected]

Lloyd-Braga Teresa Católica Lisbon School of Business and Economics [email protected]

Lovo Stefano HEC, Paris [email protected]

Lu Jay Cornell University [email protected]

36 2014 LIST OF PARTICIPANTS

Lu Chia-Hui National Taipei University [email protected]

Manzini Paola University of St Andrews [email protected]

Mariotti Marco University of St Andrews [email protected]

Marlats Chantal Paris II University [email protected]

Martin-Rodriguez Maria Nagoya University [email protected]

Masuda Takehito Kochitech, Japan [email protected]

Matsushima Hitoshi University of Tokyo [email protected]

McQuillin Ben University of East Anglia [email protected]

Méder Zsombor Z. Maastricht University [email protected] Micheletto Luca University of Milan [email protected]

Miura Shintaro Kanagawa University [email protected]

Montero Maria University of Nottingham [email protected]

Morhaim Lisa University Paris 2 [email protected]

Mueller-Frank Manuel IESE Business School [email protected]

Murata Yasusada Nihon University [email protected]

Murayama Kota Hitotsubashi University [email protected] Muto Shigeo Tokyo Institute of Technology [email protected]

Muto Nozomu Yokohama National University [email protected]

Nachbar John Washington University in St Louis [email protected]

Nagahisa Ryo-Ichi Kansai University [email protected]

Naghavi Alireza University of Bologna [email protected]

Nakada Satoshi Hitotsubashi University [email protected] Nakajima Makoto FRB Philadelphia [email protected]

Nakazawa Masahiko Economic Research Institute, Kyoto University [email protected]

Natenzon Paulo Washington University in St Louis [email protected]

Navarro Prada Silvia Noemi Basque Country University and IKERBASQUE [email protected]

Nishijima Masuyuki Yokohama City University [email protected]

Nishimura Kazuo Kobe University [email protected]

Nishimura Hiroki University of California, Riverside [email protected]

Noda Shunya University of Tokyo [email protected] Nowak Andrzej Uniwersytet Zielonogorski [email protected]

Nunnari Salvatore Columbia University [email protected]

Oddou Remy Economix, University Paris West [email protected]

Ogaki Masao Keio University [email protected]

Ohashi Yoshihiro Waseda University [email protected]

Oishi Koji University of Tokyo [email protected]

Okada Akira Hitotsubashi University [email protected]

Ortner Juan Boston University [email protected]

Ortoleva Pietro Columbia University [email protected]

Osaki Yusuke Osaka Sangyo University [email protected]

37 2014 LIST OF PARTICIPANTS

Ozaki Hiroyuki Keio University [email protected]

Page Frank Indiana University [email protected]

Park Yena University of Rochester [email protected]

Pavlov Oscar Queensland University of Technology [email protected]

Peng Shin-Kun Academia Sinica [email protected]

Penta Antonio UW-Madison [email protected]

Peters Hans Maastricht University [email protected]

Polemarchakis Herakles University of Warwick [email protected]

Polisson Matthew University of Leicester [email protected]

Possajennikov Alex University of Nottingham [email protected]

Prummer Anja Cambridge-INET Institute, University of Cambridge [email protected]

Pujolas Fons Pau Salvador McMaster University [email protected]

Qin Chengzhong University of California, Santa Barbara [email protected]

Qu Xiangyu University of Cergy-Pontoise [email protected]

Quah John Oxford University [email protected]

Raad Rodrigo Federal University of Minas Gerais [email protected]

Rachmilevitch Shiran University of Haifa [email protected]

Raimondo Roberto University of Melbourne [email protected]

Ralf Kirsten ESCE International Business School [email protected]

Raymond Collin University of Oxford [email protected]

Reffett Kevin Arizona State University [email protected]

Renne Bryan University of Amsterdam, ILLC [email protected]

Riascos Alvaro Universidad de los Andes [email protected]

Robson Arthur Simon Fraser University [email protected]

Roesler Anne-Katrin University of Bonn [email protected]

Rubinchik Anna University of Haifa [email protected]

Rusinowska Agnieszka CNRS, Université Paris 1, Paris School of Economics [email protected]

Sabarwal Tarun University of Kansas [email protected]

Sagara Nobusumi Hosei University [email protected]

Saito Kayo John Hopkins SAIS Bologna [email protected] Salonen Hannu University of Turku [email protected]

Sano Katsuhiko Japan Advanced Institute of Science and Technology [email protected]

Sano Ryuji Kyoto University [email protected]

Sato Yuzuru Hokkaido University [email protected]

Scarsini Marco SUTD [email protected]

Sekiguchi Tadashi Kyoto University [email protected]

Selden Larry Columbia University [email protected]

Seligman Jeremy University of Auckland [email protected]

Shichijo Tatsuhiro Osaka Prefecture University [email protected]

Shimizu Kazumi Waseda University [email protected]

38 2014 LIST OF PARTICIPANTS

Shirai Koji Kyoto University [email protected]

Shirata Yasuhiro Otaru University of Commerce [email protected]

Sonderegger Silvia University of Nottingham [email protected]

Steiner Jakub Cerge-Ei [email protected]

Stewart Colin University of Toronto [email protected]

Suga Koichi Waseda University [email protected]

Sugaya Takuo Stanford University [email protected]

Sun Yeneng National University of Singapore [email protected]

Sun Yifei National University of Singapore [email protected] Suzuki Takashi Meiji-Gakuin University [email protected]

Suzuki Nobu-Yuki Shizuoka University [email protected]

Suzuki Ken University of Tokyo [email protected]

Szentes Balazs London School of Economics [email protected]

Tadenuma Koichi Hitotsubashi University [email protected]

Takahashi Satoru National University of Singapore [email protected]

Takashi Kunimoto Hitotsubashi University [email protected]

Takeuchi Ai Ritsumeikan University [email protected]

Tamura Wataru University of Tokyo [email protected]

Tanaka Hisatoshi Waseda University [email protected]

Tang Qianfeng Shanghai University of Finance and Economics [email protected]

Teytelboym Alex MIT [email protected]

Thoron Sylvie UPEC [email protected]

Toda Alexis Akira University of California, San Diego [email protected]

Tsay Min-Hung Academia Sinica [email protected]

Tserenjigmid Gerelt Caltech [email protected]

Tsur Matan University of Vienna [email protected]

Udagawa Daisuke Tomakomai Komazawa University [email protected]

Ui Takashi Hitotsubashi University [email protected]

Ulku Levent ITAM [email protected]

Uno Hiroshi Osaka Prefecture University [email protected]

Uto Nobuyuki Waseda University [email protected]

Van Bellegem Sebastien Universite catholique de Louvain [email protected]

Van den Brink Rene VU University Amsterdam [email protected]

Veszteg Robert Waseda University [email protected]

Villamil Anne University of Iowa [email protected]

Vohra Rajiv Brown University [email protected]

Vyrastekova Jana Radboud University Nijmegen, The Netherlands [email protected]

Waltener Samuel University of Saint Louis, Belgium [email protected]

Wang Yanjing Peking University [email protected]

Wang Connie Walden University [email protected]

39 2014 LIST OF PARTICIPANTS

Watanabe Junichi Fukuoka University [email protected]

Watanabe Naoki University of Tsukuba [email protected]

Weder Mark University of Adelaide [email protected]

Wen Quan University of Washington [email protected]

Wenzelburger Jan TU Kaiserslautern [email protected]

Wigniolle Bertrand Paris School of Economics [email protected]

Willmann Gerald Bielefeld University [email protected]

Wong Tsz Nga Bank of Canada [email protected]

Wozny Lukasz Warsaw School of Economics [email protected]

Xanthos Foivos University of Alberta [email protected]

Yamada Tomoyuki Hokkaido University [email protected]

Yamada Takashi Tokyo Institute of Technology [email protected]

Yamamoto Hitoshi Rissho University [email protected]

Yamamoto Yuichi University of Pennsylvania [email protected]

Yamashita Takuro Toulouse School of Economics [email protected]

Yang C. C. Academia Sinica [email protected]

Yang Ming Duke University [email protected]

Yannelis Nicholas University of Iowa [email protected]

Yano Makoto Kyoto University [email protected]

Yao Masayuki Keio University [email protected]

Yassin Kareman Tokyo Institute of Technology [email protected]

Ye Lintao Waseda University [email protected]

Yeh Chun-Hsien Institute of Economics, Academia Sinica [email protected]

Yildiz Kemal Bilkent University [email protected]

Yokoo Makoto Kyushu University [email protected]

Yokote Koji Waseda University [email protected]

Yoshihara Naoki Hitotsubashi University [email protected]

Yu Zhixian University of Nottingham [email protected] Zapal Jan IAE-CSIC [email protected]

Zapechelnyuk Andriy University of Glasgow [email protected]

Zarzuelo Jose Sestao R. C. [email protected]

Zeng Dao-Zhi Tohoku University [email protected]

Zhang Yongchao Shanghai University of Finance and Economics [email protected]

Zhang Yan Shanghai University of Finance and Economics [email protected]

Zhou Junjie Shanghai University of Finance and Economics [email protected]

Ziros Nicholas University of Cyprus [email protected]

40 Our sincere gratitude and thanks to:

Graduate School of Economics

SAET SOCIETY FOR THE ADVANCEMENT OF ECONOMIC THEORY