PUBLICATIONS

Journal Articles

 

2026

Applied Psychology  

"The Effects of Winning Experience and Gain/ Loss Frames on Lying Decisions: A Lab Experiment", (with Fang, Liu), Applied Psychology, 75(1), e70054. https://doi.org/10.1111/apps.70054.

European Economic Review  

"Boosting Donation and Welfare: Augmenting Donor-Priority Rule with Information Provision", (with Min Fang and Mengling Li), European Economic Review, Vol. 181, 105181, https://doi.org/10.1016/j.euroecorev.2025.105181.

Economic Inquiry  

"Cash vs Contactless Mobile Payment: The Effect of Payment Modes on Donation Behaviors", (with Jingping, Li and Fang, Liu). Economic Inquiry, 1–14. Available from: https://doi.org/10.1111/ecin.70047.

2025

Journal of the Economic Science Association  

"Does Position Uncertainty Foster Cooperation?" (with Nilanjan Roy and Erwin Wong), Journal of the Economic Science Association (JESA), 1–17 https://doi:10.1017/esa.2025.10020.

Journal of Economic Behavior and Organization  

"All-Pay Contests with Unordered Cost Asymmetry: An Experimental Study", (with Siqiang, Yang and Zhu, Feng). Journal of Economic Behavior and Organization, Volume 236, August 2025, 107131.

Journal of Behavior and Experimental Economics  

"Unveiling the Effects of Hidden Luck and Merits on Redistribution" (with Juliane Wiese, Nattavudh Powdthavee, and Jonathan Yeo), Journal of Behavioral and Experimental Economics", Vol. 117, August, 102392, https://doi.org/10.1016/j.socec.2025.102392

Journal of Behavior and Experimental Finance  

"Financial Forecasting in the Lab and the Field: Qualified Professionals vs. Smart Students,"(with Te Bao, Brice Corgnet, Nobuyuki Hanaki, Katsuhiko Okada, and Jiahua Zhu), Journal of Behavioral and Experimental Finance". Vol. 46, July, 101051, https://doi.org/10.1016/j.jbef.2025.101051.

Economic Journal  

"How Dark Trading Harms Financial Markets?" (with Edward Halim, Nilanjan Roy, and Yan Wang),Economic Journal, July,ueaf007, https://doi.org/10.1093/ej/ueaf007.

Management Science  

"Incentivizing Organ Donation under Different Priority Rules: The Role of Information" (with Mengling Li), Management Science, February, Vol. 71, No.2, .

2024

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"Contests with Multiplicative Sabotage Efforts" (with Haoming Liu, Jingfeng Lu, and Zhe Wang), Theory and Decision, Vol. 97, pp. 499-526.https://doi.org/10.1007/s11238-024-09983-x.

De Economist  

"Punching above One's Weight - On Overcommitment in Election Campaigns" (with Marco Haan and Sander Onderstal), De Economist, Vol. 172, pp. 121-139.

2023

Journal of Behavior and Experimental Economics  

"Luck or Rights? An Experiment on Preferences for Redistribution Following Inheritance of Opportunity" (with Warn N. Lekfuangfu and Nattavudh Powdthavee), Journal of Behavioral and Experimental Economics, Vol. 106, October, 102078.

Games and Economic Behavior  

"Prioritized Organ Allocation Rules under Compatibility Constraints" (with Mengling Li and Menghan Xu), Games and Economic Behavior, Vol. 141, Pages 403-427.

PlosOne  

"Large Losses from Little Lies: Strategic Gender Misrepresentation and Cooperation" (with Nattavudh Powdthavee, Michalis Drouvelis, and Jennifer Gerson), PlosONE, 18(3), e0282335.

Journal of Economic Dynamics and Control  

"Predicting the Unpredictable: New Experimental Evidence on Forecasting Random Walks" (with Te Bao, Brice Corgnet, Nobuyuki Hanaki, and Jiahua Zhu), Journal of Economic Dynamics and Control, Vol. 146, 104571.

2022

Games and Economic Behavior  

"Cooperation and Punishment Mechanisms in Uncertain and Dynamic Social Networks" (with Edoardo Gallo, Tat-How Teh, and Nilanjan Roy), Games and Economic Behavior, Vol. 134, pp. 75-103, doi.org/10.1016/j.geb.2022.03.015.

JET | Journal of Economic Theory | ScienceDirect.com by Elsevier  

"Sharing Idiosyncratic Risks Even Though Prices are Wrong" (with Edward Halim and Nilanjan Roy), Journal of Economic Theory, Vol. 200, 105400, doi: doi.org/10.1016/j.jet.2021.105400.

Journal of Economic Behavior and Organization  

"Remedying Adverse Selection in Donor-Priority Rule Using Freeze Period: Theory and Experiment," (with Mengling Li and Menghan Xu), Journal of Economic Behavior and Organization, Vol. 194, pp. 384-407, doi.org/10.1016/j.jebo.2021.12.021.

JITE  

"Gender Differences in the Pursuit of Prestige in Charitable Giving: An Experiment," (with Jingping Li), Journal of Institutional and Theoretical Economics, Vol. 178 (1), pp.80-103, doi.org/10.1628/jite-2022-0004.

2021

 

"Unpacking the Negative Welfare Effect of Social Media: Evidence from a Large Scale Nationally Representative Time-Use Survey in China" (with Te Bao and Bin Liang), China Economic Review , Volume 69, October 2021, Vol. 69, 101650, doi.org/10.1016/j.chieco.2021.101650

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"Multidimensional Group Identity: An Experimental Study," (with Fuhai Hong and Ruike Zhang), Theory and Decision, doi.org/10.1007/s11238-021-09834-z.

PlosOne  

"When face masks signal social identity: Explaining the deep face-mask divide during the COVID-19 pandemic" (with Nattavudh (Nick) Powdthavee, Jonathan X-W Yeo, Erwin C-L Wong, and Qiyu Chan), PLoS ONE, 16(6): e0253195.

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"Managerial Incentives and Stock Price Dynamics: An Experimental Approach" (with Te Bao, Edward Halim, and Charles Noussair),  Experimental Economics, 24, 649. https://doi.org/10.1007/s10683-020-09675-7.

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"Best Practices in Replication: A Case Study of Common Information in Coordination Games" (with Roy Chen and Yan Chen), Experimental Economics, Vol. 24, pp. 1-29,  https://link.springer.com/article/10.1007/s10683-020-09658-8.

2020

European Economic Review  

"Highly Flexible Neighborhood Promotes Efficient Coordination: Experimental Evidence" (with Tat How Teh),  European Economic Review, Vol. 127, October 2020, 103521, https://doi.org/10.1016/j.euroecorev.2020.103521 .

PlosOne  

"Diminishing Personal Information Privacy Weakens Image Concerns" (with Jianlin Zhang), PLoSONE, 15(4): e0232037.

Journal of the Economic Science Association  

"Pronoun Drop and Prosocial Behavior Experimental Evidence from Japan" (with Tai-sen He, Saori Tanaka, and Ken Yamada), Journal of the Economic Science Association. Online First - 20 February 2020, https://doi.org/10.1007/s40881-020-00083-4.

Journal of Economic Dynamics and Control  

"Asset Markets with Insider Trading Disclosure Rule and Reselling Constraint: An Experimental Analysis" (with Edward Halim), Journal of Economic Dynamics and Control, Vol. 110, Article 103745.

Journal of Economic Behavior and Organization  

"Firing the Right Bullets: Exploring the Effectiveness of the Hired Gun Mechanism in the Provision of Public Goods" (with Jia Liu and Ruike Zhang), Journal of Economic Behavior and Organization. Vol. 170, pp. 222-243.

2019

European Economic Review  

The Effect of Language on Economic Behavior: Examining the Causal Link between Future Tense and Time Preference in the Lab" (with Josie I. Chen and Tai-sen He), European Economic Review, Vol. 120, Article 103307.

Journal of Economic Behavior and Organization  

"Path of Intertemporal Cooperation and Limits to Turn-Taking Behavior" (with Nilanjan Roy). Journal of Economic Behavior and Organization. Vol.165, pp. 21-36.

Nature: Scientific Report  

"Strong Links Promote the Emergence of Cooperative Elites" (with Edoardo Gallo, Tat How Teh and Nilanjan Roy),  Scientific Reports, 9, 10857.

Journal of Economic Behavior and Organization  

"Liquidation Policy and Disclosure of Credit History in Financial Contracting: An Experiment," (with Liu Jia). Journal of Economic Behavior and Organization, Vol. 158 (C), pp.526-542.

Journal of Finance  

"Costly Information Acquisition, Social Networks and Asset Prices: Experimental Evidence" (with Edward Halim and Nilanjan Roy). Journal of Finance, Vol.74, Issue 4, pp. 1975-2010.

Winner of the 2020 Vernon L. Smith Award for Excellence in Experimental Finance awarded by the Society for Experimental Finance.

International Economic Review  

"Enhancing Effort Supply with Prize-Augmenting Entry Fees: Theory and Experiments" (with Robert Hammond, Bin Liu, and Jingfeng Lu). International Economic Review, Vol. 60, Issue 3, pp. 1063-1096.

2018

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"Impact of Lower Rated Journals on Economists’ Judgments of Publication Lists: Evidence from a Survey Experiment" (with Nattavudh (Nick) Powdthavee and Jack Knetsch). Journal of Economic Psychology, Vol. 66, pp.33-44.

Journal of Economic Behavior and Organization  

"Directed Trust and Reciprocity in a Real Life Social Network: An Experimental Investigation," (with Jonathan Yeo X-W), Journal of Economic Behavior and Organization, Vol. 151, pp. 234-253.

2017

Picture  

"The Limit to Behavioral Inertia and the Power of Default in Voluntary Contribution Games," (with Jia Liu), Social Choice and Welfare, Vol. 48, Issue 4, pp. 815 - 835.

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"Information Transparency and Equilibrium Selection in Coordination Games: An Experimental Study," (with Jia Liu), Theory and Decision, Vol. 82, Issue 3, pp. 415-433.

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"Category Reporting Plan in Charitable Giving: An Experimental Analysis”, (with Jingping, Li). Economic Inquiry, Vol. 55, No. 1, pp. 397–408.

2016

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"Putting a Price Tag on Others' Perception of Us" (with Jianlin Zhang), Experimental Economics, Vol. 19, No. 2, pp. 480-499.

2015

Review of Economic and Statistics  

"Would You Pay for Transparently Useless Advice? A Test of Boundaries of Beliefs in the Folly of Prediction" (with Nattavudh Powdthavee), The Review of Economics and Statistics, Vol. 97, No. 2, pp. 257-272.

2016 Finalist of the Exeter Prize for Research in Experimental Economics, Decision Theory and Behavioral Economics (Awarded annually to the best paper published in the previous calendar year in peer-reviewed journal in the field of Experimental Economics, Decision Theory and Behavioral Economics.)

2014

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"An Egalitarian Regime Breeds Generosity: The Effect of Endowment Allocation Procedures on Social Preferences" (with Jianlin, Zhang), Economic Inquiry, Vol.52, No.3, pp. 1027-1039.

Review of Development Economic  

"Bank Ownership and Efficiency in the Aftermath of Financial Crises: Evidence from Indonesia" (with Rasyad A. Parinduri), Review of Development Economics, Vol. 18, No.1, pp. 96-106.

2013

Journal of Behavioral and Experiemntal Economic  

"The Impact of Social Comparison of Ability on Other-Regarding Behavior," (with Jianlin, Zhang), Journal of Experimental and Behavioral Economics (formerly: Journal of Socio-Economics), Vol. 47, pp.37-46.

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"Labour Union Bargaining and Firm Organizational Structure" (with Aekapol Chongvilaivan and Jung Hur), Labour Economics, Vol. 24, No. 5, pp. 116-124 .

2012

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"Gain and Loss Domains and the Choice of Welfare Measure of Positive and Negative Changes" (with Jack L. Knetsch and Jichuan Zhong), Journal of Benefit Cost Analysis, Vol 3, No.4, (Lead Article).

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"How Does Voice Matter?: Evidence from the Ultimatum Game" (with Ong Qiyan and Steve Sheffrin), Experimental Economics, Vol.15, No.4, pp.604-621.

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Organizational Structure and Product Market Competition” (with Jung Hur), Journal of Economics and Management Strategy, Vol.21 No.3, pp. 707–743.

World Development  

“The Impact of the Strategic Sale of Restructured Banks: Evidence from Indonesia” (with Rasyad A. Parinduri), World Development, Vol.40, No.3,, pp.446-457.

2011

Pacific Economic Review  

“Cross-Border M&A Inflows and Quality of Country Governance: Developing vs. Developed Countries” (with Jung Hur and Rasyad A. Parinduri), Pacific Economic Review, No.5, Vol. 16, pp. 638-655.

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"Signaling Strength? An Analysis of Economic Decision Making in the Weakest Link” (with Marco Haan and Bart Los), Theory and Decision, Vol. 71, No. 4, pp. 519-537.

Applied Financial Economics  

"Do Banks Respond to Capital Requirements? Evidence from Indonesia” (with Rasyad A. Parindur), Applied Financial Economics, Vol. 21, Issue 9, pp. 651-663.

Before 2010

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"Ownership of Property Rights and the Allocation of Talents” (with Liu Haoming), Applied Economics, Vol. 41(26), pages 3425-3436, (2009)

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“Outsourcing Types, Relative Wages and the Demand for Skilled Workers: New Evidence from US Manufacturing" (with Aekapol Chongvilaivan and Jung Hur), Economic Inquiry, Vol.47, No.1, pp.18-33, (2009).

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“Tunneling and Propping: A Justification for Pyramidal Ownership”(with Linda A. Toolsema), Journal of Banking and Finance, Vol.32, No.10, pp.2178-2187, (2008).

World Development  

“Finance and Trade: A Cross-Country Empirical Analysis on the Impact of Financial Development and Asset Tangibility on International Trade” (with Jung Hur and Manoj Raj), World Development, Vol.34, No.10, pp.1728-1741, (2006).

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“On the Strategic Use of Corporate Venture Financing for Securing Demand” (with Armin Schwienbacher), Journal of Banking and Finance, Vol.30, No.10, pp.2809-2833, (2006).

Oxford Economic Papers  

“Tariff Policy and Exhaustion of Intellectual Property Rights in the Presence of Parallel Imports” (with Jung Hur), Oxford Economic Papers, Vol.58, No.3, pp.549-568, (2006).

Journal of Economic Behavior and Organization  

"The Effects of Takeover Threats on Shareholder and Firm Value” (with Marco Haan), Journal of Economic Behavior and Organization, Vol. 59, No.1, pp.45-68, (2006).

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“Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices" (with Paulo A. Nunes), Biodiversity and Conservation Journal, 14(8), pp.2009-2027.

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“A Market Mechanism for Scientific Communication:  Reply” (with Hakan Yetkiner), Kyklos, 56(3), pp.401-403, (2003).

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“A Market Mechanism for Scientific Communication: A Proposal” (with Hakan Yetkiner), Kyklos, 55(4), pp.563-569, (2002).

JReview of International Economic  

“Exchange Rate Pass-Through in Vertically Related Markets” (with Yunus Aksoy) Review of International Economics, Vol.8, No.2 pp. 235-251, (2000).

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“Inter- and Intrabrand Competition and the Manufacturer-Retailer Relationship” (with Jerzy Mycielski and Filip Wuyts), Journal of Institutional and Theoretical Economics, Vol 156, No.4, pp.599-624, (2000).

Managerial and Decision Economics  

"Corporate Takeovers, Bargaining, and Managers’ Incentives to Invest” (with Marcel Canoy and Patrick Van Cayseele), Managerial and Decision Economics, Vol 21, pp.1-18, (2000).

Other Articles (Op-Eds)

 

“Indonesia’s Banking Industry: More power to the market” (with Rasyad A. Parinduri), The Strait Times, Sept 26 2007.

“Riding along a Bumpy Road: Indonesian Economy in an Emerging Democratic Era” (with Aris Ananta), ASEAN Economic Bulletin, Vol.23, No.1, p.1-11,(2006).
 
”The Economics of the Weakest Link TV Game Show", in Dutch (Dutch Title: "De Economie van de Zwakste Schakel"), (with Marco Haan and Bart Los), Economische and Statistische Berichten (ESB), 2004, April 30th, pp.207-209, (With Marco Haan and Bart Los).

 

Book Chapter

 

“Experimental Market Design for Altruistic Supply", (with Mengling Li), in S-H Chuah, R. Hoffmann, and A. Neelim (Eds), Edgar Encyclopedia of Behavioural and Experimental Economics, Edward Elgar Publishing Ltd. (2024)

"Beyond the Absence of Gains from Trade: Revisiting Trade Motives in Experimental Asset Markets", (with Edward Halim), in S-H Chuah, R. Hoffmann, and A. Neelim (Eds), Edgar Encyclopedia of Behavioural and Experimental Economics, Edward Elgar Publishing Ltd. (2024)

"Algorithmic Trading in Experimental Markets with Human Traders: A Literature Survey”, (with Te Bao, Elizavetta Nekrasova, and Tibor Neugebauer), in Handbook of Experimental Finance (Sascha Füllbrunn and Ernan Haruvy (Eds), Edward Elgar Publishing, (2022).

““Impact of Lower-Rated Journals on Economists’ Judgements of Publication Lists”, (with Nick Powdthavee and Jack Knetsch), in Sebastian Galiani and Ugo Panizza (Eds), Publishing and Measuring Success in Economics, Center for Economic Policy Research (CEPR), 165 pp, (2020).

"Economic Crisis and Fiscal Policy Management”, (with Silvia M. Arlini), in Aris Ananta, Mulyana Soekarni and Sjamsul Arifin (Eds), The Indonesian Economy: Entering a New Era , Institute of Southeast Asian Studies (ISEAS), (2011).

"Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices" (with Paulo A. Nunes), in Labeling Strategies in Environmental Policy, Mario Teisl (ed), Ashgate-Aldershot Publisher, 537pp, (2007).

"The Use of Certification and Ecolabelling as a Market Based Policy Instrument for Biodiversity Management” (with Paulo A. Nunes), in Signe Krarup and Clifford Russel (Eds), Environment, Information and Consumer Behavior, , Edward Elgar, 320 pp, (2005).

 

 

Yohanes E. Riyanto
Version Nov 2025