Details about Shyam Sunder

E-mail:
Homepage:	http://www.som.yale.edu/faculty/sunder
Phone:	1 203 432 6160
Postal address:	P.O. Box 208200 New Haven CT 06520 USA
Workplace:	School of Management, Yale University, (more information at EDIRC)

Access statistics for papers by Shyam Sunder.

Last updated 2010-02-03. Update your information in the RePEc Author Service.

Short-id: psu39

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Working Papers

2009

1. An Economy with Personal Currency: Theory and Evidence
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
2. Default Penalty as Disciplinary and Selection Mechanism in Presence of Multiple Equilibria
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
3. The Value of Fiat Money with an Outside Bank: An Experimental Game
   Levine's Working Paper Archive, David K. Levine
   Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2008)
4. Three Minimal Market Institutions with Human and Algorithmic Agents: Theory and Experimental Evidence
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

2007

5. Eeryone-a-banker or the Ideal Credit Acceptance Game: Theory and Evidence
   Levine's Bibliography, UCLA Department of Economics
6. Everyone-a-Banker or the Ideal Credit Acceptance Everyone-a-Banker or the Ideal Credit Acceptance
   Working Papers, Yale University, Department of Economics
7. Three Minimal Market Games: Theory and Experimental Evidence
   Levine's Bibliography, UCLA Department of Economics View citations
8. Three Minimal Market Institutions: Theory and Experimental Evidence
   Working Papers, Yale University, Department of Economics View citations

2005

9. Information Asymmetry and the Problem of Transfers in Trade Negotiations and International Agencies
   Working Papers, Economic Growth Center, Yale University
10. Price Bubbles sans Dividend Anchors: Evidence from Laboratory Stock Markets
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
    See also Journal Article in Journal of Economic Dynamics and Control (2007)

2004

11. Accounting: Labor, Capital and Product Markets
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2003)

2003

12. Double Auction Dynamics: Structural Effects Of Non-Binding Price Controls
    Yale School of Management Working Papers, Yale School of Management View citations
    Also in Yale School of Management Working Papers, Yale School of Management (2000) View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2004)
13. Management Controls, Expectations, Common Knowledge and Culture
    Yale School of Management Working Papers, Yale School of Management
14. Markets for Attention: Will Postage for Email Help?
    Yale School of Management Working Papers, Yale School of Management View citations
    Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations
15. Privacy in e-Commerce: Development of Reporting Standards, Disclosure and Assurance Services in an Unregulated Market
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2002)
    See also Journal Article in Journal of Accounting Research (2003)
16. Rethinking the Structure of Accounting and Auditing
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2003)
17. Using Experimental Data to Model Bargaining Behavior in Ultimatum Games
    Yale School of Management Working Papers, Yale School of Management View citations
    Also in Yale School of Management Working Papers, Yale School of Management (2001) View citations

2002

18. A Simple Decentralized Institution for Learning Competitive Equilibrium
    Yale School of Management Working Papers, Yale School of Management View citations
19. Are Unmanaged Earnings Always Better for Shareholders?
    Yale School of Management Working Papers, Yale School of Management View citations
20. Control and Assurance in E-Commerce: Privacy, Integrity, and Security at eBay
    Yale School of Management Working Papers, Yale School of Management View citations
    Also in Yale School of Management Working Papers, Yale School of Management (2001)
21. Is the Opportunity Cost of Idle Capacity Zero? Coase (1938) Versus Managerial Accounting Circa 2000
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2001)
22. Knowing What Others Know: Common Knowledge, Accounting, and Capital Markets
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2001)
23. Markets as Artifacts: Aggregate Efficiency from Zero-Intelligence Traders
    Yale School of Management Working Papers, Yale School of Management View citations
24. Regulatory Competition Among Accounting Standards Within and Across International Boundaries
    Yale School of Management Working Papers, Yale School of Management
    See also Journal Article in Journal of Accounting and Public Policy (2002)
25. Regulatory Competition for Low Cost-of-capital Accounting Rules
    Yale School of Management Working Papers, Yale School of Management View citations
    See also Journal Article in Journal of Accounting and Public Policy (2002)
26. Stability of Monetary Unit and Informativeness of Corporate Financial Reporting
    Yale School of Management Working Papers, Yale School of Management
27. Stock Market as a 'Beauty Contest': Investor Beliefs and Price Bubbles sans Dividend Anchors
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations
28. Value of the Firm: Who Gets the Goodies?
    Yale School of Management Working Papers, Yale School of Management

2001

29. Accounting: Continuity and Transition
    Yale School of Management Working Papers, Yale School of Management
30. Classical, Stewardship, and Market Perspectives on Accounting: A Synthesis
    Yale School of Management Working Papers, Yale School of Management
31. Design and Implementation of Contracts: A Comparison of Factor Markets Relevant to Financial Reporting in Japan and the U.S
    Yale School of Management Working Papers, Yale School of Management
32. Standards for Corporate Financial Reporting: Regulatory Competition Within and Across International Boundaries
    Yale School of Management Working Papers, Yale School of Management View citations
33. Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium
    Yale School of Management Working Papers, Yale School of Management View citations
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1996) View citations
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1994) View citations
    See also Journal Article in Computational Economics (2000)
34. Why Not Allow the FASB and IASB Standards to Compete in the U.S.?
    Yale School of Management Working Papers, Yale School of Management View citations
35. Why do Biased Heuristics Approximate Bayes Rule in Double Auctions?
    Yale School of Management Working Papers, Yale School of Management
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    See also Journal Article in Journal of Economic Behavior & Organization (2001)

1999

36. Earnings Management and the Revelation Principle
    Yale School of Management Working Papers, Yale School of Management View citations
37. Granularity, Time and Control of Economic Resources
    Yale School of Management Working Papers, Yale School of Management
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

1995

38. Biased Heuristic Traders and Attainment of Bayesian Equilibria in Double Auctions
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
39. Does a Constant Money Growth Rule Help Stabilize Inflation?: Experimental Evidence
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1995)
40. Professional Traders as Intuitive Bayesians
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1989)
    See also Journal Article in Organizational Behavior and Human Decision Processes (1995)
41. What Makes Markets Efficient? A Statistical Approach
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

1994

42. Asset Markets and Experimental Economics
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

1993

43. Expectationally-driven Market Volatility: An Experimental Study
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1991) View citations
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations
    See also Journal Article in Journal of Economic Theory (1993)
44. Expectations and Learning Under Alternative Monetary Regimes: An Experimental Approach
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in Working Papers, Cambridge - Risk, Information & Quantity Signals (1993)
    See also Journal Article in Economic Theory (1994)
45. Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    See also Journal Article in Econometrica (1993)

1992

46. A Comparative Analysis of Efficiency of Economic Institutions with Zero Intelligence Traders
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
47. Experimental Asset Markets: A Survey
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
48. Insider Information and its Role in Security Markets
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
49. Lower Bounds for Efficiency of Surplus Extraction in Double Auctions
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
50. Some Issues in Electronic Modeling of Continuous Double Auctions with Computer Traders
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

1991

51. Allocative Efficiency of Markets with Zero Intelligence (Z1) Traders: Market as a Partial Substitute for Individual Rationality
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations

1990

52. ACCURACY OF LINEAR VALUATION RULES IN INDUSTRY SEGMENTED ENVIRONMENTS: INDUSTRY VS. ECONOMY-WEIGHTED INDEXES
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
53. ECONOMETRIC EFFICIENCY OF ASSET VALUATION RULES UNDER PRICE MOVEMENT AND MEASUREMENT ERRORS
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

1989

54. MARKET FOR INFORMATION: EXPERIMENTAL EVIDENCE
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
    See also Journal Article in Econometrica (1992)

1988

55. CONTRACT THEORETIC ANALYSIS OF OFF-BALANCE SHEET FINANCING
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
56. MONEY VS. GAMING: EFFECTS OF SALIENT MONETARY PAYMENTS IN DOUBLE ORAL AUCTIONS
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
    See also Journal Article in Organizational Behavior and Human Decision Processes (1991)
57. RATIONAL EXPECTATIONS VS. ADAPTIVE BEHAVIOR IN A HYPERINFLATION WORLD: EXPERIMENTAL EVIDENCE
    Working Papers, Minnesota - Center for Economic Research
58. RATIONAL EXPECTATIONS VS. ADAPTIVE BEHAVIOR IN A HYPERINFLATIONARY WORLD: EXPERIMENTAL EVIDENCE
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations

1982

59. Simpson's Reversal Paradox and Cost Allocation
    IIMA Working Papers, Indian Institute of Management Ahmedabad, Research and Publication Department

1899

60. Learning Competitive Equilibrium
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
    See also Journal Article in Journal of Mathematical Economics (2008)

Undated

61. Efficiency of Experimental Security Markets with Insider Information: An Application of Rational Expectations Models
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
    See also Journal Article in Journal of Political Economy (1982)
62. Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
    See also Journal Article in Econometrica (1988)

Journal Articles

2009

1. Rationality in economics: Constructivist and ecological forms
   Journal of Economic Psychology, 2009, 30, (1), 107-110
2. Response to FAF exposure draft, "Proposed changes to oversight, structure, and operations of the FAF, FASB, and GASB"
   Journal of Accounting and Public Policy, 2009, 28, (1), 51-57

2008

3. Learning competitive equilibrium
   Journal of Mathematical Economics, 2008, 44, (7-8), 651-671 View citations
   See also Working Paper (1899)
4. The Future of Agent-Based Research in Economics: A Panel Discussion, Eastern Economic Association Annual Meetings, Boston, March 7, 20081
   Eastern Economic Journal, 2008, 34, (4), 550-565

2007

5. Advances in experimental and agent-based modelling: Asset markets, economic networks, computational mechanism design and evolutionary game dynamics
   Journal of Economic Dynamics and Control, 2007, 31, (6), 1801-1807 View citations
6. Price bubbles sans dividend anchors: Evidence from laboratory stock markets
   Journal of Economic Dynamics and Control, 2007, 31, (6), 1875-1909 View citations
   See also Working Paper (2005)

2006

7. Determinants of Economic Interaction: Behavior or Structure
   Journal of Economic Interaction and Coordination, 2006, 1, (1), 21-32

2005

8. Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions
   Marketing Letters, 2005, 16, (3), 401-413 View citations
9. Enforced Standards Versus Evolution by General Acceptance: A Comparative Study of E-Commerce Privacy Disclosure and Practice in the United States and the United Kingdom
   Journal of Accounting Research, 2005, 43, (1), 73-96

2004

10. Double auction dynamics: structural effects of non-binding price controls
    Journal of Economic Dynamics and Control, 2004, 28, (9), 1707-1731 View citations
    See also Working Paper (2003)

2003

11. Privacy in E-Commerce: Development of Reporting Standards, Disclosure, and Assurance Services in an Unregulated Market
    Journal of Accounting Research, 2003, 41, (2), 285-309
    See also Working Paper (2003)

2002

12. Regulatory competition among accounting standards within and across international boundaries
    Journal of Accounting and Public Policy, 2002, 21, (3), 219-234
    See also Working Paper (2002)
13. Regulatory competition for low cost-of-capital accounting rules
    Journal of Accounting and Public Policy, 2002, 21, (2), 147-149 View citations
    See also Working Paper (2002)

2001

14. Why do biased heuristics approximate Bayes rule in double auctions?
    Journal of Economic Behavior & Organization, 2001, 46, (4), 431-435
    See also Working Paper (2001)

2000

15. Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium
    Computational Economics, 2000, 16, (3), 257-284 View citations
    See also Working Paper (2001)

1997

16. What Makes Markets Allocationally Efficient?
    The Quarterly Journal of Economics, 1997, 112, (2), 603-30 View citations

1996

17. Bayesian equilibrium in double auctions populated by biased heuristic traders
    Journal of Economic Behavior & Organization, 1996, 31, (2), 273-291 View citations
18. Ideas and work of Richard M. Cyert
    Journal of Economic Behavior & Organization, 1996, 31, (2), 139-148

1995

19. Does a constant money growth rule help stabilize inflation?: experimental evidence
    Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 111-156
    See also Working Paper (1995)
20. Professional Traders as Intuitive Bayesians
    Organizational Behavior and Human Decision Processes, 1995, 64, (2), 185-202 View citations
    See also Working Paper (1995)

1994

21. Expectations and Learning under Alternative Monetary Regimes: An Experimental Approach
    Economic Theory, 1994, 4, (1), 131-62 View citations
    See also Working Paper (1993)
22. Stationary Solution to the Overlapping Generations Model of Fiat Money: Experimental Evidence
    Empirical Economics, 1994, 19, (2), 255-77 View citations

1993

23. Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality
    Journal of Political Economy, 1993, 101, (1), 119-37 View citations
24. Expectationally Driven Market Volatility: An Experimental Study
    Journal of Economic Theory, 1993, 61, (1), 74-103 View citations
    See also Working Paper (1993)
25. Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence
    Econometrica, 1993, 61, (5), 1073-107 View citations
    See also Working Paper (1993)

1992

26. Market for Information: Experimental Evidence
    Econometrica, 1992, 60, (3), 667-95 View citations
    See also Working Paper (1989)

1991

27. Money vs gaming: Effects of salient monetary payments in double oral auctions
    Organizational Behavior and Human Decision Processes, 1991, 49, (1), 151-166
    See also Working Paper (1988)

1988

28. Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets
    Econometrica, 1988, 56, (5), 1085-1118 View citations
    See also Working Paper

1982

29. Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models
    Journal of Political Economy, 1982, 90, (4), 663-98 View citations
    See also Working Paper

1980

30. Corporate Capital Investment, Accounting Methods and Earnings: A Test of the Control Hypothesis
    Journal of Finance, 1980, 35, (2), 553-65
31. Discussion of the role of accounting in financial disclosure
    Accounting, Organizations and Society, 1980, 5, (1), 81-86
32. Stationarity of Market Risk: Random Coefficients Tests for Individual Stocks
    Journal of Finance, 1980, 35, (4), 883-96 View citations

1979

33. Methodological issues in the use of financial ratios
    Journal of Accounting and Economics, 1979, 1, (3), 187-210 View citations

1976

34. Finance and Accounting: Discussion
    Journal of Finance, 1976, 31, (2), 680-84

Books

1994

1. Experimental Methods
   Cambridge Books, Cambridge University Press