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    Article

    A two-step guessing game

    We propose a two-step guessing game to measure the depth of thinking. We apply this method to the P beauty contest game. Using our method, we find that 81% of subjects do not make choice following best respons...

    King King Li, Kang Rong in Theory and Decision (2024)

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    Article

    The gambling effect of final-offer arbitration in bargaining

    We study an alternating-offer bargaining model with arbitration. Our model has two key features. First, there is a deadline in bargaining. Second, whenever the bargaining deadline is reached, an arbitrator use...

    King King Li, Kang Rong in Economic Theory (2020)

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    Article

    Jury voting without objective probability

    Unlike in the standard jury voting experiment, the voting environment in practice has no explicit signal structure. Voters then need to conceptualize the information structure in order to update their beliefs ...

    King King Li, Toru Suzuki in Social Choice and Welfare (2016)

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    Article

    Asymmetric memory recall of positive and negative events in social interactions

    Previous studies have suggested that negative emotion can enhance memory accuracy. However, they were not conducted in the context of social interactions using the methodology of experimental economics. Based ...

    King King Li in Experimental Economics (2013)