The 3rd Annual Xiamen University International Workshop on
Experimental Economics and Finance
Program Overview
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December 15
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Time
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Activity
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Venue
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8:30am-10:30am
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Opening Comments and Plenary I
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Economics N-303
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10:30am-11:00am
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Group Photo and Coffee Break
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11:00am-12:15pm
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Session I.A, Decision Making under Uncertainty
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Economics D-110
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Session I.B, Auctions
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Economics C-208
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Session I.C, Learning
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Economics D-210
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12:15pm-2:15pm
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Lunch
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2:15pm-3:30pm
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Session II.A, Real Effort
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Economics D-110
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Session II.B, Experimetrics
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Economics C-208
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3:30pm-4:00pm
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Coffee Break
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4:00pm-5:40pm
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Session III.A, Other-Regarding Preferences
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Economics D-110
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Session III.B, Industrial Organization
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Economics C-208
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Session III.C, Tournaments
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Economics D-210
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5:50pm
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Dinner
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December 16
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Time
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Activity
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Venue
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8:30am-10:10am
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Session IV.A, Field Experiments
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Economics D-110
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Session IV.B, Public Goods
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Economics C-208
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Session IV.C, Group Decision Making
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Economics D-210
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10:10am-10:40am
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Coffee Break
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10:40am-11:55am
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Session V.A, Time and Risk Preferences
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Economics D-110
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Session V.B, Bubbles
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Economics C-208
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Session V.C, Coordination
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Economics D-210
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11:55am-1:25pm
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Lunch
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1:25pm-1:50pm
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Special Technology Session
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Economics N-303
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2:00pm-3:50pm
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Plenary II
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Economics N-303
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3:50pm-4:20pm
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Coffee Break
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4:20pm-6:00pm
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Session VI.A, Reciprocity
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Economics D-110
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Session VI.B, Finance
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Economics C-208
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6:00pm
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Dinner
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The 3rd AnnualXiamen UniversityInternational Workshop on Experimental Economics and Finance
December 15-16, 2012
Xiamen, China
Wang Yanan Institute for Studies in Economics (WISE) and the MOE Key Laboratory in Econometrics at Xiamen University
http://wise.xmu.edu.cn/meetings/Experimental2012/
Preliminary Program as of December 12, 2012. Only the affiliation of the presenter is indicated.
December 15, 2012
Opening Comments: 8:30am-8:40am, Economics N-303
Session Chair: Jason Shachat (jason.shachat@gmail.com), Xiamen University, China
Plenary Session I: 8:40am-10:30am, Economics N-303
[1] 8:40-9:35: "Recovering Preferences"
Shachar Kariv(kariv@berkeley.edu), University of California - Berkeley, USA
[2] 9:35-10:30: "A Dynamic Level-k Model in Sequential Games"
Teck-Hua Ho(bizhoth@nus.edu.sg), National University of Singapore, Singapore and University of California - Berkeley, USA
10:30am-11:00am: Group Photo and Coffee Break
Parallel Sessions I (11:00am-12:15pm)
Session I.A: Decision Making under Uncertainty, 11:00am-12:15pm, Economics D-110
Session Chair:Bin Miao (binmiao11@gmail.com), National University of Singapore, Singapore
[1] 11:00-11:25:"Risk Aversion and Facial Expressions"
Yen Nguyen*(y.nguyen@outlook.com), Tilburg University, Netherlands, and Charles Noussair
[2] 11:25-11:50:"An Experiment on Reference Points and Expectations"
Changcheng Song (ecsscc@nus.edu.sg), National University of Singapore, Singapore
[3] 11:50-12:15:"Partial Ambiguity"
Soohong Chew, Bin Miao* (binmiao11@gmail.com), National University of Singapore, Singapore, and Songfa Zhong
Session 1.B: Auctions, 11:00am-12:15pm, Economics C-208
Session Chair: Jason Shachat (jason.shachat@gmail.com), Xiamen University, China
[1] 11:00-11:25:"An Experimental Investigation of Auctions and Bargaining in Procurement"
Jason Shachat, and Lijia Tan* (time-day@163.com), Xiamen University, China
[2] 11:25-11:50:"Using Clock Auctions to Dissolve Partnership"
Fangzhou Zhang*(flyingark.fangzhou@gmail.com), Shanghai Jiaotong University, China, and Xiangdong Qin
[3] 11:50-12:15:"Auctioning the Right to Play the Ultimatum Game"
Jason Shachat* (jason.shachat@gmail.com), Xiamen University, China, and J. Todd Swarthout
Session 1.C: Learning, 11:00am-12:15pm, Economics D-210
Session Chair: Yuanji Wen (wenyuanji@gmail.com), Bocconi University, Italy
[1] 11:00-11:25:"Information Value in the Social Learning Environment: Experimental Evidence"
Bogachan Celen and Sen Geng* (sg1670@xmu.edu.cn), Xiamen University, China
[2] 11:25-11:50:"Path Dependence: An Experimental Study"
Jenna Bednar, Yan Chen, and Tracy Xiao Liu* (liuxiao@sem.tsinghua.edu.cn), Tsinghua University, China and Scott Page
[3] 11:50-12:15:"Learning to Use Private Information: Reexamining the Asymmetric-information Game in the Laboratory"
YuanjiWen (wenyuanji@gmail.com), Bocconi University, Italy
12:15pm-2:15pm: Lunch
Parallel Sessions II (2:15pm-3:30pm)
Session II.A: Real Effort, 2:15pm-3:30pm, Economics D-110
Session Chair: Ninghua Du (ninghua_d@hotmail.com), Shanghai University of Finance and Economics, China
[1] 2:15-2:40:"Effort Supply under Cheating and Transgression - Some Evidences from a Real Effort Task Experiment"
Jie Liang* (xiaogan2008@gmail.com), Monash University, Australia, and Liangcong Fan
[2] 2:40-3:05:"Self-chosen Group Members as A Motivation of Working Harder"
Arijit Das, Jie Liang, Yingxi Liu, Hui Xu* (huix2008@gmail.com), Beijing Normal University, China
[3] 3:05-3:30:"Promises in Contract Design"
NinghuaDu* (ninghua_d@hotmail.com), Shanghai University of Finance and Economics, China, Gary Charness, Chun-Lei Yang, and Lan Yao
Session II.B: Experimetrics, 2:15pm-3:30pm, Economics C-208
Session Chair:Joseph Tao-Yi Wang (josephw@ntu.edu.tw), Taiwan University, Taiwan
[1] 2:15-2:40:"Discrete Heterogeneity and Learning in Private Value Auctions: Explanations of Withering Rationality and Gender Differences"
Jason Shachat* (jason.shachat@gmail.com), Xiamen University, China, and LijiaWei
[2] 2:40-3:05:"Price Dispersion and Dynamics in Laboratory Bertrand Markets"
HangWu* (hang.wu@adelaide.edu.au), University of Adelaide, Australia,and Ralph C. Bayer
[3] 3:05-3:30:"The Use of Strategy Methods in Experimental Pivotal-Voting Game"
Yen Kuo and Joseph Tao-Yi Wang* (josephw@ntu.edu.tw), Taiwan University, Taiwan
3:30pm-4:00pm: Coffee Break
Parallel Sessions III (4:00pm-5:40pm)
Session III.A:Other-Regarding Preferences, 4:00pm-5:40pm, Economics D-110
Session Chair: Xinchao Zhang (mailzxc@vip.qq.com), Zhejiang University, China
[1] 4:00-4:25:"The Crowd-out Effect of Formal Insurance on Informal Risk Sharing: An Experimental Study"
Wanchuan Lin, Yiming Liu, and Juanjuan Meng* (jumeng@gsm.pku.edu.cn), Guanghua School of Management, Peking University, China
[2] 4:25-4:50:"The Effect of Language on Strategic Interactions: Evidence from Experiments on Social Preference"
Li King King (likingking@gmail.com), Shanghai University of Finance and Economics, China
[3] 4:50-5:15:"Why are Spectators So Indifferent? An Experimental Examination of the Effect of Price on the Demand of Third Party Punishment"
Liangcong Fan, Lu Liu*(lulumail@vip.qq.com), Zhejiang University, China,and Jie Liang
[4] 5:15-5:40:"Erosion of Corruption on Cooperation: An Experimental Study"
Xinchao Zhang* (mailzxc@vip.qq.com), Zhejiang University, China, Lu Liu, and Liangcong Fan
Session III.B: Industrial Organization, 4:00pm-5:40pm, Economics C-208
Session Chair: Maoliang Ye (maoliang.ye@ruc.edu.cn), Renmin University of China, China
[1] 4:00-4:25:"Increasing Mental Cost vs. Sunk Cost - Evidence from Sequential Search Experiments"
Yongmin Chen, Binglin Gong* (blgong@fudan.edu.cn), Fudan University, China, and Tianle Zhang
[2] 4:25-4:50:"Incentives Behind Firms’ Cooperative and Noncooperative Behaviors in Bertrand Duopoly - An Experiment"
Oliver Kirchkamp and GuohongWang* (selina.wgh@gmail.com), Friedrich-Schiller University of Jena, Germany
[3] 4:50-5:15:"Co-branding to Leverage Another Brand's Reputation: Theoretical and Experimental Investigations"
Xiayi Fan (xfxf213@hotmail.com), University of Cambridge, UK
[4] 5:15-5:40:"Does Gradualism Build Trust? Evidence from A Multi-round Experiment"
Maoliang Ye (maoliang.ye@ruc.edu.cn), Renmin University of China, China
Session III.C: Tournaments, 4:00pm-5:40pm, Economics D-210
Session Chair: Changxia Ke (changxia.ke@gmail.com), Sun Yat-sen University, China
[1] 4:00-4:25:"Effects from Selection and Self-selection in Two Tournament Mechanisms"
Loukas Balafoutas, Glenn Dutcher, Florian Lindner* (florian.lindner@uibk.ac.at), University of Innsbruck, Austria, and Matthias Sutter
[2] 4:25-4:50:"From Rival to Boss: Promotions with Continued Interaction"
Peter McGee (ecspjm@nus.edu.sg), National University of Singapore, Singapore
[3] 4:50-5:15:"Long-shot Tactic and End-game Desperation"
Yi-Shan Lee* (rapha0125@gmail.com), Taiwan University, Taiwan, and Joseph Tao-yi Wang
[4] 5:15-5:40:“'Success Breeds Success' or 'Pride Goes before A Fall?' ”
Qiang Fu, Changxia Ke* (changxia.ke@gmail.com), Sun Yat-sen University, China, Jingfeng Lu, and Fangfang Tan
5:50pm-8:00pm:Dinner
December 16, 2012
Parallel Sessions IV (8:30am-10:10am)
Session IV.A: Field Experiments, 8:30am-10:10am, Economics D-110
Session Chair: Changcheng Song (ecsscc@nus.edu.sg), National University of Singapore, Singapore
[1] 8:30-8:55:"A Dollar for Your Thoughts: Feedback-Conditional Rebates on eBay"
Luis Cabral and Lingfang (Ivy) Li* (lingfangivy.li@gmail.com), Shanghai University of Finance and Economics, China
[2] 8:55-9:20:"Do Men Prefer Less Educated Women? An Online Field Experiment"
David Ong and Jue(Echo) Wang* (1101213234@sz.pku.edu.cn), Peking University HSBC Business School, China
[3] 9:20-9:45:"Are Mei-li and Gang More Employable than Lasya and Jamyang? A Field Experiment on Labor Market Discrimination in China"
David Ong, Sophie Zeng* (sophiezeng@sz.pku.edu.cn), HSBC School of Business, Peking University, China, and Zachary Zhong
[4] 9:45-10:10:"Insurance Take-up in Rural China: Learning from Hypothetical Experience"
Jing Cai and Changcheng Song* (ecsscc@nus.edu.sg), National University of Singapore, Singapore
Session IV.B: Public Goods, 8:30am-10:10am, Economics C-208
Session Chair: Binglin Gong (blgong@fudan.edu.cn), Fudan University, China
[1] 8:30-8:55:"Public Goods in Climate Change"
Bo Ma* (qqwwmb@gmail.com), Graduate School of Chinese Academy of Social Science, China, and Guocheng Wang
[2] 8:55-9:20:"Voluntary Contribution Mechanisms Played with an Infinite Horizon"
Lijia Tan and Lijia Wei* (wendyeye@gmail.com), Wuhan University, China
[3] 9:20-9:45:"Group Size, Coordination, and the Effectiveness of Punishment in the Voluntary Contributions Mechanism: An Experimental Investigation"
Bin Xu, Bram Cadsby, Liangcong Fan* (flc1984@163.com), Zhejiang University, China, and Fei Song
[4] 9:45-10:10:"Reputation and Cooperation: An Experiment on Prisoner’s Dilemma with Second-order Information"
Binglin Gong* (blgong@fudan.edu.cn), Fudan University, China, and Chun-Lei Yang
Session IV.C: Group Decision Making, 8:30am-10:10am, Economics D-210
Session Chair: Lian Jian (ljian@usc.edu), University of Southern California, USA
[1] 8:30-8:55:"Information Acquisition and Voting Mechanisms: Theory and Evidence"
Sourav Bhattacharya, John Duffy, and SunTak Kim* (sunkim@ntu.edu.tw), Taiwan University, Taiwan
[2] 8:55-9:20:"How Large the Regional Group Identity Matters in the Decision of Choosing Working Mates? "
Arijit Das, Jie Liang* (xiaogan2008@gmail.com), Monash University, Australia, Yingxi Liu, and Hui Xu
[3] 9:20-9:45:"Rewarding like a Woman or Punishing like a Man? A Team All-Pay Auction Experiment with Leaders"
Hong (Hannah) Lin, and David Ong* (dvdong@gmail.com), Peking University HSBC Business School, China
[4] 9:45-10:10:"Incentivizing Information Aggregation in Group Decision-Making"
Lian Jian* (ljian@usc.edu), University of Southern California, USA, and John Lin
10:10am-10:40am: Coffee Break
Parallel Sessions V (10:40am-11:55am)
Session V.A:Time and Risk Preferences, 10:40am-11:55am, Economics D-110
Session Chair: Ruxin Wu (psyruxinwu@163.com), Central South University, China
[1] 10:40-11:05:"Ambiguity and Option Exercise: An Experimental Study"
Jianjun Miao,XiaolanYang* (yangxiaolanzju@gmail.com), Zhejiang University, China, and Lan Yao
[2] 11:05-11:30:"An Experiment Study on the Effects of Overconfidence on Investment Project Selection, Effort Level Selection, and the Commitment of Project Decision"
Ruxin Wu* (psyruxinwu@163.com), Central South University, China, and Jian-Bai Huang
Session V.B: Bubbles, 10:40am-11:55am, Economics C-208
Session Chair: Caroline Bonn (caroline.bonn@uibk.ac.at), University of Innsbruck, Austria
[1] 10:40-11:05:"Asset Markets with OLG - An Experimental Approach"
MiroslavZajíček (miroslav.zajicek@vse.cz), Universityof Economics in Prague, Prague
[2] 11:05-11:30:"The Relative Impact of Asymmetric and Public Information on the Formation of Pricing Bubbles in Experimental Asset Markets"
Zhenxuan Zhang* (zhzhx01@126.com), Xiamen University, China, Guojin Chen, and Jason Shachat
[3] 11:30-11:55:"The Inflow Effect - Trader Inflow and Bubble Formation in Asset Markets"
Michael Kirchler, Jürgen Huber and CarolineBonn* (caroline.bonn@uibk.ac.at), University of Innsbruck, Austria
Session V.C: Coordination, 10:40am-11:55am, Economics D-210
Session Chair: Giuseppe Attanasi (attanasi@unistra.fr), University of Strasbourg, France
[1] 10:40-11:05:"Does Disappointment affect the Working Effort?"
Arijit Das, Jie Liang, Yingxi Liu* (yingxi.liu.0711@gmail.com), Yunnan University of Finance and Economics, China, and Hui Xu
[2] 11:05-11:30:"One Step at a Time: Does Gradualism Build Coordination?"
Maoliang Ye* (maoliang.ye@ruc.edu.cn), Renmin University of China, China, Sam Asher, Lorenzo Casaburi, and Plamen Nikolov
[3] 11:30-11:55:"Risk Aversion, Over-Confidence and Private Information as Determinants of Majority Thresholds"
Giuseppe Attanasi* (attanasi@unistra.fr), University of Strasbourg, France, Luca Corazzini, Nikolaos Georgantzis, and Francesco Passarelli
11:55am-1:25pm: Lunch
Special Technology Session: 1:25pm-1:50pm, Economics N-303
Session Chair: Sen Geng (sg1670@xmu.edu.cn), Xiamen University, China
[1] 1:25-1:50:"Next Generation Social Science Games on Web, Tablets, and Smartphones"
WalterYuan (walter.yuan@moblab.com), MobLab
Plenary Session II: 2:00pm-3:50pm, Economics N-303
Session Chair: Jason Shachat (jason.shachat@gmail.com), Xiamen University, China
[1] 2:00-2:55: "Temptation and Self Control"
Daniel Houser (dhouser@gmu.edu), George Mason University, USA
[2] 2:55-3:50: "What Can Labor Economist Learn from the Lab?"
Gary Charness (charness@econ.ucsb.edu), University of California - Santa Barbara, USA
3:50pm-4:20pm: Coffee Break
Parallel Sessions VI (4:20pm-6:00pm)
Session VI.A: Reciprocity, 4:20pm-6:00pm, Economics D-110
Session Chair: Yumei He (anna.econ@gmail.com), Southeast University, China
[1] 4:20-4:45:"Losing Face - An Experiment on Self-Image and Image Reciprocity"
Tor Eriksson* (tor@asb.dk), Aarhus University, Denmark, Lei Mao, and Marie Claire Villeval
[2] 4:45-5:10:"Love Me, Love My Dog: An Experimental Study on Social Connections and Indirect Reciprocity"
Pinghan Liang* (liangph@swufe.edu.cn), Southwestern University of Finance and Economics, China, and Juanjuan Meng
[3] 5:10-5:35:"Selection by Leisure: A Quasi-field Experiment on Self-Selection into Lab Experiments by Competitive Attitude"
David Ong* (dvdong@gmail.com), Peking University HSBC Business School, China, and Zhuoqiong (Charlie) Chen
[4] 5:35-6:00:"Determinants of Trust and Reciprocity in an Experimental Labour Market amongst Chinese Students"
Uwe Dulleck, Jonas Fooken, and Yumei He* (anna.econ@gmail.com), Southeast University, China
Session VI.B: Finance, 4:20pm-5:35pm, Economics C-208
Session Chair: Giuseppe Attanasi (attanasi@unistra.fr), University of Strasbourg, France
[1] 4:20-4:45:"The Effect of Past Prices on Investors’ Behavior: Experimental Evidence"
Chao Jiang (jiangchaoccer@gmail.com), Peking University, China
[2] 4:45-5:10:"When Do Structured Funds Become Too Good to be True?"
Adriana Gabriela Breaban* (breaban@uji.es), Jaimei University, Spain, Juan Carlos Matallín Sáez, Iván Barreda Tarrazona, and Mª Rosario Balaguer Franch
[3] 5:10-5:35:"Double Auction Equilibrium and Efficiency in a Classroom Experimental Over-the-Counter Market"
GiuseppeAttanasi* (attanasi@unistra.fr), University of Strasbourg, France, Samuele Centorrino, and Ivan Moscati
6:00pm-8:00pm: Dinner