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Last updated 2023-03-16. Update your information in the RePEc Author Service.
Short-id: pca27
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Working Papers
2022
- Inequality as a Barrier to Economic Integration? An Experiment
Working Papers, Chapman University, Economic Science Institute
- Introducing New Forms of Digital Money: Evidence from the Laboratory
Working Papers, Chapman University, Economic Science Institute
2021
- Group-identity and long-run cooperation: an experiment
Working Papers, Chapman University, Economic Science Institute 
See also Journal Article in Journal of Economic Behavior & Organization (2021)
2019
- Breaking Up: Experimental Insights into Economic (Dis)Integration
Working Papers, Chapman University, Economic Science Institute 
Also in Working papers, Faculty of Business and Economics - University of Basel (2019)
- Cooperation among strangers with and without a monetary system
Working Papers, Chapman University, Economic Science Institute
- Cooperation in Indefinitely Repeated Helping Games: Existence and Characterization
Working Papers, Chapman University, Economic Science Institute 
See also Journal Article in Journal of Economic Behavior & Organization (2022)
- Do Economic Inequalities Affect Long-Run Cooperation & Prosperity?
Working Papers, Chapman University, Economic Science Institute
- Endogenous Market Formation and Monetary Trade: an Experiment
Working Papers, Chapman University, Economic Science Institute View citations (1)
Also in Working Papers, Chapman University, Economic Science Institute (2016) View citations (2) Working Papers, Bar-Ilan University, Department of Economics (2016) View citations (2)
See also Journal Article in Journal of the European Economic Association (2020)
- Monetary Equilibrium and the Cost of Banking Activity
Working Papers, Chapman University, Economic Science Institute 
See also Journal Article in Journal of Money, Credit and Banking (2020)
2018
- Beyond Grim: Punishment Norms in the Theory of Cooperation
Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa View citations (1)
- Equilibrium wage rigidity in directed search
Working Papers, Chapman University, Economic Science Institute 
See also Journal Article in Journal of Mathematical Economics (2018)
- Money Is More Than Memory
Working Papers, Chapman University, Economic Science Institute View citations (2)
Also in Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (2015) View citations (2) CFS Working Paper Series, Center for Financial Studies (CFS) (2014) View citations (2) Working Papers, Chapman University, Economic Science Institute (2014) View citations (2)
See also Journal Article in Journal of Monetary Economics (2020)
- Partners or Strangers? Cooperation, Monetary Trade, and the Choice of Scale of Interaction
Working Papers, Chapman University, Economic Science Institute View citations (2)
See also Journal Article in American Economic Journal: Microeconomics (2019)
2017
- Asymmetric social norms
SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE 
Also in Working Papers, Chapman University, Economic Science Institute (2016) 
See also Journal Article in Economics Letters (2017)
- Monitoring institutions in indefinitely repeated games
Working Papers, Chapman University, Economic Science Institute View citations (2)
Also in Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (2015) 
See also Journal Article in Experimental Economics (2018)
2016
- A Perspective on Electronic Alternatives to Traditional Currencies
Working Papers, Chapman University, Economic Science Institute
- Do Economic Inequalities Affect Long-Run Cooperation?
Working Papers, Chapman University, Economic Science Institute View citations (1)
- Money, Credit and Banking and the Cost of Financial Activity
Working Paper Series, Sveriges Riksbank (Central Bank of Sweden)
2015
- An Experiment on Retail Payments Systems
Working Papers, Chapman University, Economic Science Institute View citations (1)
Also in Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (2014) View citations (8) SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2014) View citations (3)
See also Journal Article in Journal of Money, Credit and Banking (2016)
- Dynamic Directed Search
Working Papers, Chapman University, Economic Science Institute View citations (1)
See also Journal Article in Economic Theory (2016)
- Money and the Scale of Cooperation
Working Papers, Chapman University, Economic Science Institute 
Also in Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (2015)
2014
- Nonmedical Prescription Drug Use: Theory and Policy Implications
Working Papers, College of the Holy Cross, Department of Economics
2013
- Game-theoretic foundations of monetary equilibrium
SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE 
See also Journal Article in Journal of Monetary Economics (2014)
- Modeling monetary economies: an equivalence result
Working Papers, Federal Reserve Bank of St. Louis
- Two Monetary Models with Alternating Markets
Working Papers, Chapman University, Economic Science Institute View citations (1)
Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2013) View citations (1)
See also Journal Article in Journal of Money, Credit and Banking (2016)
2012
- Binding Promises and Cooperation among Strangers
Working Papers, Chapman University, Economic Science Institute View citations (1)
See also Journal Article in Economics Letters (2013)
- Buyer's Equilibrium with Capacity Constraints and Restricted Mobility: a Recursive Approach
Working Papers, Chapman University, Economic Science Institute 
See also Journal Article in Economics Letters (2013)
- Strategies of Cooperation and Punishment among Students and Clerical Workers
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (5)
Also in Working Papers, Chapman University, Economic Science Institute (2012) View citations (1) Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (2012) View citations (1)
See also Journal Article in Journal of Economic Behavior & Organization (2013)
- Understanding the distributional impact of long-run inflation
Working Papers, Federal Reserve Bank of St. Louis 
See also Journal Article in Journal of Money, Credit and Banking (2014)
2011
- The coordination value of monetary exchange: Experimental evidence
Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna 
Also in Purdue University Economics Working Papers, Purdue University, Department of Economics (2010) View citations (4)
See also Journal Article in American Economic Journal: Microeconomics (2014)
2010
- Communication, Commitment, and Deception in Social Dilemmas: Experimental Evidence
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (11)
- Cooperative Strategies in Groups of Strangers: An Experiment
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (9)
2007
- Cooperation among strangers: an experiment with indefinite interaction
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (4)
- Interior Optima and the Inada Conditions
Purdue University Economics Working Papers, Purdue University, Department of Economics 
See also Journal Article in Economics Letters (2008)
2005
- Anonymous Markets and Monetary Trading
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (8)
See also Journal Article in Journal of Monetary Economics (2007)
- Money, Credit and Banking
CESifo Working Paper Series, CESifo View citations (17)
Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (252) 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (10)
See also Journal Article in Journal of Economic Theory (2007)
2004
- A Random Matching Theory
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (5)
See also Journal Article in Games and Economic Behavior (2007)
- A Theoretical Foundation for Bilateral Matching Mechanisms
Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (1)
Also in Purdue University Economics Working Papers, Purdue University, Department of Economics (2003) View citations (1)
2000
- Currency Substitution and The Law of One Price
Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (1)
- Rate-of-Return Dominance and Efficiency in an Experimental Economy
Purdue University Economics Working Papers, Purdue University, Department of Economics View citations (4)
See also Journal Article in Economic Theory (2003)
1998
- Money and Price Dispersion
Working Papers, University of Iowa, Department of Economics View citations (29)
See also Journal Article in International Economic Review (1999)
Undated
- The Distribution of Money Balances and the Non-Neutrality of Money
IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (30)
See also Journal Article in International Economic Review (2005)
- The Distribution of Money and Prices in an Equilibrium with Lotteries
IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (19)
See also Chapter (2006) Journal Article in Economic Theory (2004)
Journal Articles
2022
- Cooperation in indefinitely repeated helping games: Existence and characterization
Journal of Economic Behavior & Organization, 2022, 200, (C), 1344-1356 
See also Working Paper (2019)
2021
- Group-identity and long-run cooperation: an experiment
Journal of Economic Behavior & Organization, 2021, 188, (C), 903-915 
See also Working Paper (2021)
- The economic impact of lockdowns: A theoretical assessment
Journal of Mathematical Economics, 2021, 97, (C) View citations (2)
2020
- Do economic inequalities affect long-run cooperation and prosperity?
Experimental Economics, 2020, 23, (1), 53-83 View citations (5)
- Endogenous Market Formation and Monetary Trade: An Experiment
Journal of the European Economic Association, 2020, 18, (3), 1553-1588 View citations (1)
See also Working Paper (2019)
- Monetary Equilibrium and the Cost of Banking Activity
Journal of Money, Credit and Banking, 2020, 52, (4), 653-683 
See also Working Paper (2019)
- Money is more than memory
Journal of Monetary Economics, 2020, 110, (C), 99-115 View citations (2)
See also Working Paper (2018)
2019
- Partners or Strangers? Cooperation, Monetary Trade, and the Choice of Scale of Interaction
American Economic Journal: Microeconomics, 2019, 11, (2), 195-227 View citations (11)
See also Working Paper (2018)
2018
- Equilibrium wage rigidity in directed search
Journal of Mathematical Economics, 2018, 78, (C), 68-78 
See also Working Paper (2018)
- Monitoring institutions in indefinitely repeated games
Experimental Economics, 2018, 21, (3), 673-691 View citations (6)
See also Working Paper (2017)
2017
- Asymmetric social norms
Economics Letters, 2017, 152, (C), 27-30 
See also Working Paper (2017)
2016
- An Experiment on Retail Payments Systems
Journal of Money, Credit and Banking, 2016, 48, (2-3), 363-392 View citations (20)
See also Working Paper (2015)
- Dynamic directed search
Economic Theory, 2016, 62, (1), 131-154 View citations (3)
See also Working Paper (2015)
- Two Monetary Models with Alternating Markets
Journal of Money, Credit and Banking, 2016, 48, (5), 1051-1064 View citations (2)
See also Working Paper (2013)
2014
- A tractable analysis of contagious equilibria
Journal of Mathematical Economics, 2014, 50, (C), 290-300 View citations (6)
- Game-theoretic foundations of monetary equilibrium
Journal of Monetary Economics, 2014, 63, (C), 51-63 View citations (2)
See also Working Paper (2013)
- The Coordination Value of Monetary Exchange: Experimental Evidence
American Economic Journal: Microeconomics, 2014, 6, (1), 290-314 View citations (43)
See also Working Paper (2011)
- Understanding the Distributional Impact of Long‐Run Inflation
Journal of Money, Credit and Banking, 2014, 46, (6), 1137-1170 View citations (15)
See also Working Paper (2012)
- Uniqueness of equilibrium in directed search models
Journal of Economic Theory, 2014, 151, (C), 248-267 View citations (6)
2013
- Binding promises and cooperation among strangers
Economics Letters, 2013, 118, (3), 459-461 View citations (4)
See also Working Paper (2012)
- Buyer’s equilibrium with capacity constraints and restricted mobility: A recursive approach
Economics Letters, 2013, 118, (2), 321-323 View citations (3)
See also Working Paper (2012)
- EXPERIMENTAL MARKETS WITH FRICTIONS
Journal of Economic Surveys, 2013, 27, (3), 536-553 View citations (3)
- Introduction to the symposium
Annals of Finance, 2013, 9, (1), 1-4
- Strategies of cooperation and punishment among students and clerical workers
Journal of Economic Behavior & Organization, 2013, 94, (C), 172-182 View citations (11)
See also Working Paper (2012)
2012
- Cooperative strategies in anonymous economies: An experiment
Games and Economic Behavior, 2012, 75, (2), 570-586 View citations (17)
2011
- Banking in a Matching Model of Money and Capital
Journal of Money, Credit and Banking, 2011, 43, (s2), 449-476 View citations (3)
Also in Journal of Money, Credit and Banking, 2011, 43, 449-476 (2011) View citations (17)
- THE WELFARE COST OF INFLATION IN OECD COUNTRIES
Macroeconomic Dynamics, 2011, 15, (S2), 217-251 View citations (7)
2010
- Multi-player Bargaining with Endogenous Capacity
Review of Economic Dynamics, 2010, 13, (3), 637-653 View citations (3)
2009
- A CORRESPONDENCE-THEORETIC APPROACH TO DYNAMIC OPTIMIZATION
Macroeconomic Dynamics, 2009, 13, (S1), 97-117
- Cooperation among Strangers under the Shadow of the Future
American Economic Review, 2009, 99, (3), 979-1005 View citations (114)
- Financial sophistication and the distribution of the welfare cost of inflation
Journal of Monetary Economics, 2009, 56, (7), 968-978 View citations (24)
- Monetary equilibrium and the differentiability of the value function
Journal of Economic Dynamics and Control, 2009, 33, (2), 454-462 View citations (2)
- Price Dispersion with Directed Search
Journal of the European Economic Association, 2009, 7, (6), 1193-1224 View citations (50)
- Public Spending on Education and the Incentives for Student Achievement
Economica, 2009, 76, (303), 505-527 View citations (32)
2008
- Another Example of a Credit System that Co-Exists with Money
Journal of Money, Credit and Banking, 2008, 40, (6), 1295-1308 View citations (7)
Also in Journal of Money, Credit and Banking, 2008, 40, (6), 1295-1308 (2008)
- Interior optima and the Inada conditions
Economics Letters, 2008, 99, (2), 293-297 View citations (1)
See also Working Paper (2007)
2007
- A random matching theory
Games and Economic Behavior, 2007, 59, (1), 1-16 View citations (13)
See also Working Paper (2004)
- Anonymous markets and monetary trading
Journal of Monetary Economics, 2007, 54, (7), 1905-1928 View citations (56)
See also Working Paper (2005)
- Bilateral matching with Latin squares
Journal of Mathematical Economics, 2007, 43, (2), 99-114 View citations (1)
- Contagion Equilibria in a Monetary Model
Econometrica, 2007, 75, (1), 277-282 View citations (33)
- Money, credit and banking
Journal of Economic Theory, 2007, 135, (1), 171-195 View citations (204)
See also Working Paper (2005)
- Trading horizons and the value of money
European Economic Review, 2007, 51, (7), 1751-1767 View citations (1)
2006
- A Simple Economic Theory of Skill Accumulation and Schooling Decisions
Review of Economic Dynamics, 2006, 9, (1), 93-115 View citations (14)
- Efficient monetary allocations and the illiquidity of bonds
Journal of Monetary Economics, 2006, 53, (7), 1693-1715 View citations (48)
- Matching and anonymity
Economic Theory, 2006, 29, (2), 415-432 View citations (32)
- On Market Activity and the Value of Money
Journal of Money, Credit and Banking, 2006, 38, (2), 495-509 View citations (3)
2005
- Distributional aspects of the divisibility of money: an example
Economic Theory, 2005, 25, (2), 487-495 View citations (3)
See also Chapter (2006)
- THE DISTRIBUTION OF MONEY BALANCES AND THE NONNEUTRALITY OF MONEY
International Economic Review, 2005, 46, (2), 465-487 View citations (92)
See also Working Paper
2004
- Currency competition in a fundamental model of money
Journal of International Economics, 2004, 64, (2), 521-544 View citations (28)
- Recent developments on money and finance: an introduction
Economic Theory, 2004, 24, (4), 727-732 
See also Chapter (2006)
- The distribution of money and prices in an equilibrium with lotteries
Economic Theory, 2004, 24, (4), 887-906 View citations (19)
See also Working Paper Chapter (2006)
- Trade Mechanism Selection in Markets with Frictions
Review of Economic Dynamics, 2004, 7, (4), 851-868 View citations (26)
2003
- Can monetizing trade lower welfare? An example
Economics Letters, 2003, 81, (2), 179-186 View citations (2)
- International monetary trade and the law of one price
Journal of Monetary Economics, 2003, 50, (7), 1531-1553 View citations (11)
- Jack of All Trades or a Master of One? Specialization, Trade, and Money
International Economic Review, 2003, 44, (4), 1275-1294 View citations (12)
- Rate-of-return dominance and efficiency in an experimental economy
Economic Theory, 2003, 22, (3), 629-660 View citations (17)
See also Working Paper (2000)
2001
- Dirty money
Journal of Monetary Economics, 2001, 47, (2), 377-415 View citations (13)
- Search, Dealers, and the Terms of Trade
Review of Economic Dynamics, 2001, 4, (3), 680-694 View citations (4)
2000
- MONEY, SEARCH, AND COSTLY MATCHMAKING
Macroeconomic Dynamics, 2000, 4, (3), 289-323 View citations (10)
1999
- Money and Price Dispersion
International Economic Review, 1999, 40, (4), 985-1008 View citations (83)
See also Working Paper (1998)
Edited books
2006
- Recent Developments on Money and Finance
Studies in Economic Theory, Springer
Chapters
2006
- Distributional aspects of the divisibility of money. An example
Springer
See also Journal Article in Economic Theory (2005)
- Recent developments on money and finance: an introduction
Springer
See also Journal Article in Economic Theory (2004)
- The distribution of money and prices in an equilibrium with lotteries
Springer
See also Working Paper Journal Article in Economic Theory (2004)
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