Details about Shyam Sunder

E-mail:
Homepage:	https://faculty.som.yale.edu/shyamsunder/
Phone:	1 203 507 6407
Postal address:	165 Whitney Avenue P.O. Box 208200 New Haven CT 06520 USA
Workplace:	School of Management, Yale University, (more information at EDIRC) Cowles Foundation for Research in Economics, Yale University, (more information at EDIRC)

Access statistics for papers by Shyam Sunder.

Last updated 2024-09-08. Update your information in the RePEc Author Service.

Short-id: psu39

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Working Papers

2022

1. Framing Human Action in Physics: Valid Reconstruction, Invalid Reduction
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

2021

2. Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking about Others?
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2020)
   See also Journal Article Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking About Others?, Strategy Science, INFORMS (2022) (2022)

2020

3. Speculation and Price Indeterminacy in Financial Markets: An Experimental Study
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (3)
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2018) View citations (1)

2019

4. Aggregation of Diverse Information with Double Auction Trading among Minimally-Intelligent Algorithmic Agents
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
5. Physical Laws and Human Behavior: A Three-Tier Framework
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)

2018

6. Nudge, Boost, or Design? Limitations of behaviorally informed policy under social interaction
   SocArXiv, Center for Open Science
   Also in SocArXiv, Center for Open Science (2018) View citations (13)
   See also Journal Article Nudge, Boost, or Design? Limitations of behaviorally informed policy under social interaction, Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE) (2018) View citations (13) (2018)

2017

7. Financing of Public Goods through Taxation in a General Equilibrium Economy: Experimental Evidence
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2013) View citations (1)
   See also Journal Article Financing of public goods through taxation in a general equilibrium economy: Experimental evidence, Journal of Economic Behavior & Organization, Elsevier (2018) View citations (2) (2018)

2015

8. Investment Horizons and Price Indeterminacy in Financial Markets
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)
9. Public Goods through Taxation in a General Equilibrium Economy: Experimental Evidence
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
10. Simple Agents, Intelligent Markets
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
    See also Journal Article Simple Agents, Intelligent Markets, Computational Economics, Springer (2017) View citations (1) (2017)

2014

11. Default Penalty as a Selection Mechanism among Multiple Equilibria
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2012)
    See also Journal Article Default penalty as a selection mechanism among multiple equilibria, Journal of Behavioral and Experimental Finance, Elsevier (2016) View citations (2) (2016)
12. Risky Curves: On the Empirical Failure of Expected Utility
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz View citations (58)
13. Sufficiency of an Outside Bank and a Default Penalty to Support the Value of Fiat Money: Experimental Evidence
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (17)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2013)
    See also Journal Article Sufficiency of an outside bank and a default penalty to support the value of fiat money: Experimental evidence, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (19) (2014)

2012

14. An Estimation of Economic Models with Recursive Preferences
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
15. Decoupling Markets and Individuals: Rational Expectations Equilibrium Outcomes from Information Dissemination among Boundedly-Rational Traders
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)

2011

16. Default Penalty as a Selection Mechanism Among Multiple
    Levine's Working Paper Archive, David K. Levine View citations (3)
17. Financing of Public Goods through Taxation in a General Equilibrium Economy: Theory and Experimental Evidence
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
18. Risky Curves: From Unobservable Utility to Observable Opportunity Sets
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz View citations (5)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2011) View citations (7)

2010

19. An Economy with Personal Currency: Theory and Experimental Evidence
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (9)
    See also Journal Article An economy with personal currency: theory and experimental evidence, Annals of Finance, Springer (2010) View citations (12) (2010)
20. The Value of Fiat Money with an Outside Bank: An Experimental Game
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)
    Also in Levine's Working Paper Archive, David K. Levine (2009)
21. Three Minimal Market Institutions with Human and Algorithmic Agents: Theory and Experimental Evidence
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (16)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2009) View citations (2)
    See also Journal Article Three minimal market institutions with human and algorithmic agents: Theory and experimental evidence, Games and Economic Behavior, Elsevier (2010) View citations (15) (2010)

2009

22. An Economy with Personal Currency: Theory and Evidence
    Yale School of Management Working Papers, Yale School of Management
23. Default Penalty as a Disciplinary and Selection Mechanism in Presence of Multiple Equilibria
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (5)
24. Extensive Income and Value of the Firm: Who Gets What?
    Yale School of Management Working Papers, Yale School of Management
25. 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
    Yale School of Management Working Papers, Yale School of Management (2009)

2008

26. Convergence of Double Auctions to Pareto Optimal Allocations in the Edgeworth Box
    Yale School of Management Working Papers, Yale School of Management
27. Double Auction Dynamics: Structural Effects of Non-binding Price Controls
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2008) View citations (3)
    Yale School of Management Working Papers, Yale School of Management (2000) View citations (3)
    See also Journal Article Double auction dynamics: structural effects of non-binding price controls, Journal of Economic Dynamics and Control, Elsevier (2004) View citations (13) (2004)
28. Markets for Attention: Will Postage for Email Help?
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2008)
    Yale School of Management Working Papers, Yale School of Management (2002) View citations (14)

2007

29. 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)
    Yale School of Management Working Papers, Yale School of Management (2007)
30. Auditor Liability Reforms in the UK and the US: A Comparative Review
    Yale School of Management Working Papers, Yale School of Management
31. Economizing Principle in Accounting Research
    Yale School of Management Working Papers, Yale School of Management
    See also Chapter Economizing Principle in Accounting Research, Springer Books, Springer (2007) (2007)
32. Eeryone-a-banker or the Ideal Credit Acceptance Game: Theory and Evidence
    Levine's Bibliography, UCLA Department of Economics View citations (4)
33. Everyone-a-Banker or the Ideal Credit Acceptance Everyone-a-Banker or the Ideal Credit Acceptance
    Working Papers, Yale University, Department of Economics View citations (6)
34. Price Bubbles Sans Dividend Anchors: Evidence from Laboratory Stock Markets
    Yale School of Management Working Papers, Yale School of Management View citations (4)
    Also in ISER Discussion Paper, Institute of Social and Economic Research, Osaka University (2005) View citations (3)
    See also Journal Article Price bubbles sans dividend anchors: Evidence from laboratory stock markets, Journal of Economic Dynamics and Control, Elsevier (2007) View citations (52) (2007)
35. Regulation, Competition and Independence in a Certification Society: Financial Reports Vs. Baseball Cards
    Yale School of Management Working Papers, Yale School of Management
36. Three Minimal Market Games: Theory and Experimental Evidence
    Levine's Bibliography, UCLA Department of Economics View citations (3)
37. Three Minimal Market Institutions: Theory and Experimental Evidence
    Working Papers, Yale University, Department of Economics View citations (9)
38. Uniform Financial Reporting Standards: Reconsidering the Top-Down Push
    Yale School of Management Working Papers, Yale School of Management

2005

39. Contract Theory and Strategic Management: Balancing Expectations and Actions
    Yale School of Management Working Papers, Yale School of Management
40. Information Asymmetry and the Problem of Transfers in Trade Negotiations and International Agencies
    Yale School of Management Working Papers, Yale School of Management
    Also in Center Discussion Papers, Yale University, Economic Growth Center (2005) View citations (1)
    Working Papers, Economic Growth Center, Yale University (2005) View citations (1)
41. Pricing Electronic Mail to Solve the Problem of Spam
    Yale School of Management Working Papers, Yale School of Management
42. Social Norms versus Standards of Accounting
    Yale School of Management Working Papers, Yale School of Management

2004

43. Enforced Standards Versus Evolution by General Acceptance: A Comparative Study of E-Commerce Privacy Disclosure and Practice in the U.S. and the U.K
    Yale School of Management Working Papers, Yale School of Management
44. Markets as Artifacts: Aggregate Efficiency from Zero-Intelligence Traders
    Yale School of Management Working Papers, Yale School of Management View citations (1)
    Also in Yale School of Management Working Papers, Yale School of Management (2004) View citations (11)
45. Regulation and the Marketplace
    Yale School of Management Working Papers, Yale School of Management

2003

46. A Simple Decentralized Institution for Learning Competitive Equilibrium
    Yale School of Management Working Papers, Yale School of Management View citations (2)
    Also in Yale School of Management Working Papers, Yale School of Management (2003)
47. Are Unmanaged Earnings Always Better for Shareholders?
    Yale School of Management Working Papers, Yale School of Management View citations (1)
    Also in Yale School of Management Working Papers, Yale School of Management (2003) View citations (44)
48. Control and Assurance in E-Commerce: Privacy, Integrity, and Security at eBay
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2003) View citations (1)
    Yale School of Management Working Papers, Yale School of Management (2001) View citations (5)
49. Management Controls, Expectations, Common Knowledge and Culture
    Yale School of Management Working Papers, Yale School of Management View citations (3)
50. Regulatory Competition Among Accounting Standards Within and Across International Boundaries
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2003) View citations (1)
    See also Journal Article Regulatory competition among accounting standards within and across international boundaries, Journal of Accounting and Public Policy, Elsevier (2002) View citations (31) (2002)
51. 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) View citations (2)
    Yale School of Management Working Papers, Yale School of Management (2003) View citations (3)
52. Using Experimental Data to Model Bargaining Behavior in Ultimatum Games
    Yale School of Management Working Papers, Yale School of Management View citations (4)
    Also in Yale School of Management Working Papers, Yale School of Management (2001) View citations (2)

2002

53. 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) View citations (1)
54. Knowing What Others Know: Common Knowledge, Accounting, and Capital Markets
    Yale School of Management Working Papers, Yale School of Management View citations (11)
    Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations (1)
    Yale School of Management Working Papers, Yale School of Management (2001) View citations (2)
55. 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 View citations (1)
    Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations (1)
    Yale School of Management Working Papers, Yale School of Management (2002)
    See also Journal Article Privacy in E‐Commerce: Development of Reporting Standards, Disclosure, and Assurance Services in an Unregulated Market, Journal of Accounting Research, Wiley Blackwell (2003) View citations (20) (2003)
56. Regulatory Competition for Low Cost-of-capital Accounting Rules
    Yale School of Management Working Papers, Yale School of Management View citations (11)
    See also Journal Article Regulatory competition for low cost-of-capital accounting rules, Journal of Accounting and Public Policy, Elsevier (2002) View citations (12) (2002)
57. Stability of Monetary Unit and Informativeness of Corporate Financial Reporting
    Yale School of Management Working Papers, Yale School of Management
    Also in Yale School of Management Working Papers, Yale School of Management (2002)
58. Standards for Corporate Financial Reporting: Regulatory Competition Within and Across International Boundaries
    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 (6)
59. Stock Market as a 'Beauty Contest': Investor Beliefs and Price Bubbles sans Dividend Anchors
    Yale School of Management Working Papers, Yale School of Management View citations (9)
    Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations (11)
60. Value of the Firm: Who Gets the Goodies?
    Yale School of Management Working Papers, Yale School of Management View citations (2)

2001

61. Accounting: Continuity and Transition
    Yale School of Management Working Papers, Yale School of Management View citations (2)
62. Classical, Stewardship, and Market Perspectives on Accounting: A Synthesis
    Yale School of Management Working Papers, Yale School of Management View citations (2)
63. 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 View citations (4)
64. Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium
    Yale School of Management Working Papers, Yale School of Management View citations (2)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1994) View citations (8)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1996) View citations (10)
    See also Journal Article Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium, Computational Economics, Springer (2000) View citations (13) (2000)
65. 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 (69)
66. Why do Biased Heuristics Approximate Bayes Rule in Double Auctions?
    Yale School of Management Working Papers, Yale School of Management View citations (4)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    See also Journal Article Why do biased heuristics approximate Bayes rule in double auctions?, Journal of Economic Behavior & Organization, Elsevier (2001) View citations (4) (2001)

1999

67. Earnings Management and the Revelation Principle
    Yale School of Management Working Papers, Yale School of Management View citations (28)

1995

68. Biased Heuristic Traders and Attainment of Bayesian Equilibria in Double Auctions
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)
69. Does a Constant Money Growth Rule Help Stabilize Inflation?: Experimental Evidence
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (26)
    See also Journal Article Does a constant money growth rule help stabilize inflation?: experimental evidence, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1995) View citations (36) (1995)
70. Professional Traders as Intuitive Bayesians
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (25)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1989) View citations (1)
    See also Journal Article Professional Traders as Intuitive Bayesians, Organizational Behavior and Human Decision Processes, Elsevier (1995) View citations (25) (1995)
71. What Makes Markets Efficient? A Statistical Approach
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

1994

72. Asset Markets and Experimental Economics
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

1993

73. Expectationally-driven market volatility: An experimental study
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (138)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1991) View citations (9)
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations (2)
    See also Journal Article Expectationally Driven Market Volatility: An Experimental Study, Journal of Economic Theory, Elsevier (1993) View citations (138) (1993)
74. Expectations and Learning under Alternative Monetary Regimes: An Experimental Approach
    Working Papers, Cambridge - Risk, Information & Quantity Signals View citations (5)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1993) View citations (4)
    See also Journal Article Expectations and Learning under Alternative Monetary Regimes: An Experimental Approach, Economic Theory, Springer (1994) View citations (71) (1994)
75. Indeterminacy of equilibria in a hyperinflationary world: Experimental evidence
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (160)
    See also Journal Article Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence, Econometrica, Econometric Society (1993) View citations (171) (1993)

1992

76. A Comparative Analysis of Efficiency of Economic Institutions with Zero Intelligence Traders
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)
77. Experimental Asset Markets: A Survey
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (90)
78. Insider Information and its Role in Security Markets
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (3)
79. Lower Bounds for Efficiency of Surplus Extraction in Double Auctions
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (14)
80. Some Issues in Electronic Modeling of Continuous Double Auctions with Computer Traders
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

1991

81. 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 (9)
    See also Journal Article Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality, Journal of Political Economy, University of Chicago Press (1993) View citations (486) (1993)

1990

82. ACCURACY OF LINEAR VALUATION RULES IN INDUSTRY SEGMENTED ENVIRONMENTS: INDUSTRY VS. ECONOMY-WEIGHTED INDEXES
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (4)
83. ECONOMETRIC EFFICIENCY OF ASSET VALUATION RULES UNDER PRICE MOVEMENT AND MEASUREMENT ERRORS
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (4)

1989

84. MARKET FOR INFORMATION: EXPERIMENTAL EVIDENCE
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (2)
    See also Journal Article Market for Information: Experimental Evidence, Econometrica, Econometric Society (1992) View citations (83) (1992)

1988

85. CONTRACT THEORETIC ANALYSIS OF OFF-BALANCE SHEET FINANCING
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)
86. MONEY VS. GAMING: EFFECTS OF SALIENT MONETARY PAYMENTS IN DOUBLE ORAL AUCTIONS
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (5)
    See also Journal Article Money vs gaming: Effects of salient monetary payments in double oral auctions, Organizational Behavior and Human Decision Processes, Elsevier (1991) View citations (12) (1991)
87. RATIONAL EXPECTATIONS VS. ADAPTIVE BEHAVIOR IN A HYPERINFLATION WORLD: EXPERIMENTAL EVIDENCE
    Working Papers, Minnesota - Center for Economic Research
88. RATIONAL EXPECTATIONS VS. ADAPTIVE BEHAVIOR IN A HYPERINFLATIONARY WORLD: EXPERIMENTAL EVIDENCE
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

1982

89. Simpsons Reversal Paradox and Cost Allocation
    IIMA Working Papers, Indian Institute of Management Ahmedabad, Research and Publication Department
    See also Journal Article SIMPSON REVERSAL PARADOX AND COST ALLOCATION, Journal of Accounting Research, Wiley Blackwell (1983) View citations (3) (1983)

1899

90. Learning Competitive Equilibrium
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (5)
    See also Journal Article Learning competitive equilibrium, Journal of Mathematical Economics, Elsevier (2008) View citations (8) (2008)

Undated

91. 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 Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models, Journal of Political Economy, University of Chicago Press (1982) View citations (285) (1982)
92. 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 Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets, Econometrica, Econometric Society (1988) View citations (297) (1988)

Journal Articles

2024

1. Editorial to the special issue on ZIMI
   Journal of Economic Interaction and Coordination, 2024, 19, (3), 401-402
2. Emergence of information aggregation to rational expectations equilibria in markets populated by biased heuristic traders
   Journal of Economic Behavior & Organization, 2024, 228, (C)

2023

3. Physics, Biology and Human Faculties: A Structural Stepwise Approach to Modeling Human Behavior
   Journal of Economic Behavior & Organization, 2023, 212, (C), 311-321

2022

4. Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking About Others?
   Strategy Science, 2022, 7, (4), 330-349
   See also Working Paper Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking about Others?, Cowles Foundation Discussion Papers (2021) (2021)
5. Comments On: Nohora Garcia, ‘Understanding Mattessich and Ijiri: A Study of Accounting Thought’
   Accounting, Economics, and Law: A Convivium, 2022, 12, (4), 305-310
6. Speculation, money supply and price indeterminacy in financial markets: An experimental study
   Journal of Economic Behavior & Organization, 2022, 200, (C), 1275-1296 View citations (4)

2021

7. Accounting Research and Problem Solving
   Accounting, Economics, and Law: A Convivium, 2021, 11, (3), 271-275
8. How did the U.S. stock market recover from the Covid-19 contagion?
   Mind & Society: Cognitive Studies in Economics and Social Sciences, 2021, 20, (2), 261-263 View citations (1)

2020

9. Physics and decisions: an exploration
   Mind & Society: Cognitive Studies in Economics and Social Sciences, 2020, 19, (2), 287-292
10. Physics and decisions: an inverted perspective
    Mind & Society: Cognitive Studies in Economics and Social Sciences, 2020, 19, (2), 293-298 View citations (1)
11. Rational order from ‘irrational’ actions
    Mind & Society: Cognitive Studies in Economics and Social Sciences, 2020, 19, (2), 317-321

2018

12. Demand for and Assessment of Audit Quality in Private Companies
    Abacus, 2018, 54, (3), 319-352 View citations (4)
13. Financing of public goods through taxation in a general equilibrium economy: Experimental evidence
    Journal of Economic Behavior & Organization, 2018, 148, (C), 171-188 View citations (2)
    See also Working Paper Financing of Public Goods through Taxation in a General Equilibrium Economy: Experimental Evidence, Cowles Foundation Discussion Papers (2017) (2017)
14. Nudge, Boost, or Design? Limitations of behaviorally informed policy under social interaction
    Journal of Behavioral Economics for Policy, 2018, 2, (1), 99-105 View citations (13)
    See also Working Paper Nudge, Boost, or Design? Limitations of behaviorally informed policy under social interaction, SocArXiv (2018) (2018)
15. Why Reduce Economics to Psychology
    Accounting, Economics, and Law: A Convivium, 2018, 8, (1), 2
16. Yuji Ijiri: Accounting for a Better Society
    Accounting, Economics, and Law: A Convivium, 2018, 8, (1), 3

2017

17. Financial Regulation for a Better Society
    Accounting, Economics, and Law: A Convivium, 2017, 7, (2), 51-58
18. Simple Agents, Intelligent Markets
    Computational Economics, 2017, 49, (4), 653-675 View citations (1)
    See also Working Paper Simple Agents, Intelligent Markets, Cowles Foundation Discussion Papers (2015) (2015)
19. Statistical studies of financial reports and stock markets
    Journal of Capital Markets Studies, 2017, 1, (1), 5-9 View citations (1)

2016

20. Default penalty as a selection mechanism among multiple equilibria
    Journal of Behavioral and Experimental Finance, 2016, 9, (C), 20-38 View citations (2)
    See also Working Paper Default Penalty as a Selection Mechanism among Multiple Equilibria, Cowles Foundation Discussion Papers (2014) (2014)
21. Rethinking Financial Reporting: Standards, Norms and Institutions
    Foundations and Trends(R) in Accounting, 2016, 11, (1-2), 1-118 View citations (7)
22. Бухгалтерський облік: ринки праці, капіталу та продукції // ACCOUNTING: LABOR, CAPITAL AND PRODUCT MARKETS
    Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу // Problems of Theory and Methodology of Accounting, Control and Analysis, 2006, 4, (1)

2015

23. Risk in Accounting
    Abacus, 2015, 51, (4), 536-548 View citations (2)

2014

24. Monopoly versus Competition in Setting Accounting Standards
    Abacus, 2014, 50, (4), 369-385 View citations (3)
25. Sufficiency of an outside bank and a default penalty to support the value of fiat money: Experimental evidence
    Journal of Economic Dynamics and Control, 2014, 47, (C), 317-337 View citations (19)
    See also Working Paper Sufficiency of an Outside Bank and a Default Penalty to Support the Value of Fiat Money: Experimental Evidence, Cowles Foundation Discussion Papers (2014) View citations (17) (2014)

2013

26. How Do Regulatory Reforms to Enhance Auditor Independence Work in Practice?
    Contemporary Accounting Research, 2013, 30, (3), 864-890 View citations (18)

2012

27. When and Why Individuals Obey Form-Adhesive Contracts: Experimental Evidence of Consent, Compliance, Promise, and Performance
    Journal of Institutional and Theoretical Economics (JITE), 2012, 168, (1), 147-149
    Also in Journal of Institutional and Theoretical Economics (JITE), 2012, 168, (1), 147-149 (2012)

2011

28. IFRS monopoly: the Pied Piper of financial reporting
    Accounting and Business Research, 2011, 41, (3), 291-306 View citations (16)
29. Imagined Worlds of Accounting
    Accounting, Economics, and Law: A Convivium, 2011, 1, (1), 14 View citations (7)
30. Is mandated independence necessary for audit quality?
    Accounting, Organizations and Society, 2011, 36, (4), 284-292 View citations (16)
31. Paradox of Writing Clear Rules: Interplay of Financial Reporting Standards and Engineering
    The Japanese Accounting Review, 2011, 1, 119-130 View citations (1)
32. Unregulated Markets for Audit Services
    The Japanese Accounting Review, 2011, 1, 1-16

2010

33. An economy with personal currency: theory and experimental evidence
    Annals of Finance, 2010, 6, (4), 475-509 View citations (12)
    See also Working Paper An Economy with Personal Currency: Theory and Experimental Evidence, Cowles Foundation Discussion Papers (2010) View citations (9) (2010)
34. Hicksian Income in the Conceptual Framework
    Abacus, 2010, 46, (3), 348-376 View citations (16)
35. Three minimal market institutions with human and algorithmic agents: Theory and experimental evidence
    Games and Economic Behavior, 2010, 70, (2), 403-424 View citations (15)
    See also Working Paper Three Minimal Market Institutions with Human and Algorithmic Agents: Theory and Experimental Evidence, Cowles Foundation Discussion Papers (2010) View citations (16) (2010)

2009

36. Rationality in economics: Constructivist and ecological forms
    Journal of Economic Psychology, 2009, 30, (1), 107-110
37. 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

38. Learning competitive equilibrium
    Journal of Mathematical Economics, 2008, 44, (7-8), 651-671 View citations (8)
    See also Working Paper Learning Competitive Equilibrium, GSIA Working Papers (1899) View citations (5) (1899)
39. 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 View citations (4)

2007

40. 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)
41. Price bubbles sans dividend anchors: Evidence from laboratory stock markets
    Journal of Economic Dynamics and Control, 2007, 31, (6), 1875-1909 View citations (52)
    See also Working Paper Price Bubbles Sans Dividend Anchors: Evidence from Laboratory Stock Markets, Yale School of Management Working Papers (2007) View citations (4) (2007)

2006

42. Determinants of Economic Interaction: Behavior or Structure
    Journal of Economic Interaction and Coordination, 2006, 1, (1), 21-32 View citations (7)
43. Economic Theory: Structural Abstraction or Behavioral Reduction?
    History of Political Economy, 2006, 38, (5), 322-342 View citations (3)

2005

44. Changing expectations as a source of and remedy for corruption
    Journal of Public Budgeting, Accounting & Financial Management, 2005, 17, (3), 420-423
45. Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions
    Marketing Letters, 2005, 16, (3), 401-413 View citations (13)
46. 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 View citations (11)
47. Minding our manners: Accounting as social norms
    The British Accounting Review, 2005, 37, (4), 367-387 View citations (24)

2004

48. Double auction dynamics: structural effects of non-binding price controls
    Journal of Economic Dynamics and Control, 2004, 28, (9), 1707-1731 View citations (13)
    See also Working Paper Double Auction Dynamics: Structural Effects of Non-binding Price Controls, Yale School of Management Working Papers (2008) (2008)

2003

49. 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 View citations (20)
    See also Working Paper Privacy in E-Commerce: Development of Reporting Standards, Disclosure and Assurance Services in an Unregulated Market, Yale School of Management Working Papers (2002) View citations (1) (2002)

2002

50. Regulatory competition among accounting standards within and across international boundaries
    Journal of Accounting and Public Policy, 2002, 21, (3), 219-234 View citations (31)
    See also Working Paper Regulatory Competition Among Accounting Standards Within and Across International Boundaries, Yale School of Management Working Papers (2003) (2003)
51. Regulatory competition for low cost-of-capital accounting rules
    Journal of Accounting and Public Policy, 2002, 21, (2), 147-149 View citations (12)
    See also Working Paper Regulatory Competition for Low Cost-of-capital Accounting Rules, Yale School of Management Working Papers (2002) View citations (11) (2002)

2001

52. Why do biased heuristics approximate Bayes rule in double auctions?
    Journal of Economic Behavior & Organization, 2001, 46, (4), 431-435 View citations (4)
    See also Working Paper Why do Biased Heuristics Approximate Bayes Rule in Double Auctions?, Yale School of Management Working Papers (2001) View citations (4) (2001)

2000

53. Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium
    Computational Economics, 2000, 16, (3), 257-284 View citations (13)
    See also Working Paper Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium, Yale School of Management Working Papers (2001) View citations (2) (2001)

1997

54. What Makes Markets Allocationally Efficient?
    The Quarterly Journal of Economics, 1997, 112, (2), 603-630 View citations (91)

1996

55. Bayesian equilibrium in double auctions populated by biased heuristic traders
    Journal of Economic Behavior & Organization, 1996, 31, (2), 273-291 View citations (25)
56. Ideas and work of Richard M. Cyert
    Journal of Economic Behavior & Organization, 1996, 31, (2), 139-148 View citations (4)

1995

57. Does a constant money growth rule help stabilize inflation?: experimental evidence
    Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 111-156 View citations (36)
    See also Working Paper Does a Constant Money Growth Rule Help Stabilize Inflation?: Experimental Evidence, GSIA Working Papers (1995) View citations (26) (1995)
58. Professional Traders as Intuitive Bayesians
    Organizational Behavior and Human Decision Processes, 1995, 64, (2), 185-202 View citations (25)
    See also Working Paper Professional Traders as Intuitive Bayesians, GSIA Working Papers (1995) View citations (25) (1995)

1994

59. Expectations and Learning under Alternative Monetary Regimes: An Experimental Approach
    Economic Theory, 1994, 4, (1), 131-62 View citations (71)
    See also Working Paper Expectations and Learning under Alternative Monetary Regimes: An Experimental Approach, Working Papers (1993) View citations (5) (1993)
60. Stationary Solution to the Overlapping Generations Model of Fiat Money: Experimental Evidence
    Empirical Economics, 1994, 19, (2), 255-77 View citations (47)

1993

61. 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 (486)
    See also Working Paper Allocative Efficiency of Markets with Zero Intelligence (Z1) Traders: Market as a Partial Substitute for Individual Rationality, GSIA Working Papers (1991) View citations (9) (1991)
62. Expectationally Driven Market Volatility: An Experimental Study
    Journal of Economic Theory, 1993, 61, (1), 74-103 View citations (138)
    See also Working Paper Expectationally-driven market volatility: An experimental study, Economics Working Papers (1993) View citations (138) (1993)
63. Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence
    Econometrica, 1993, 61, (5), 1073-107 View citations (171)
    See also Working Paper Indeterminacy of equilibria in a hyperinflationary world: Experimental evidence, Economics Working Papers (1993) View citations (160) (1993)

1992

64. Market for Information: Experimental Evidence
    Econometrica, 1992, 60, (3), 667-95 View citations (83)
    See also Working Paper MARKET FOR INFORMATION: EXPERIMENTAL EVIDENCE, GSIA Working Papers (1989) View citations (2) (1989)

1991

65. Money vs gaming: Effects of salient monetary payments in double oral auctions
    Organizational Behavior and Human Decision Processes, 1991, 49, (1), 151-166 View citations (12)
    See also Working Paper MONEY VS. GAMING: EFFECTS OF SALIENT MONETARY PAYMENTS IN DOUBLE ORAL AUCTIONS, GSIA Working Papers (1988) View citations (5) (1988)

1989

66. Proof that in an efficient market, event studies can provide no systematic guidance for revision of accounting standards and disclosure policy for the purpose of maximizing shareholder wealth*
    Contemporary Accounting Research, 1989, 5, (2), 452-460 View citations (6)

1988

67. Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets
    Econometrica, 1988, 56, (5), 1085-1118 View citations (297)
    See also Working Paper Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets, Working Papers

1987

68. Design and tests of an efficient search algorithm for accurate linear valuation systems*
    Contemporary Accounting Research, 1987, 4, (1), 16-31
69. FAILURE OF STOCK-PRICES TO DISCIPLINE MANAGERS IN A RATIONAL-EXPECTATIONS ECONOMY
    Journal of Accounting Research, 1987, 25, (2), 177-195 View citations (7)

1984

70. ACCURACY OF EXCHANGE VALUATION RULES - ADDITIVITY AND UNBIASED ESTIMATION
    Journal of Accounting Research, 1984, 22, (1), 396-405 View citations (1)

1983

71. MARGINAL GAINS IN ACCURACY OF VALUATION FROM INCREASINGLY SPECIFIC PRICE INDEXES - EMPIRICAL-EVIDENCE FOR THE UNITED-STATES-ECONOMY
    Journal of Accounting Research, 1983, 21, (2), 565-580 View citations (2)
72. SIMPSON REVERSAL PARADOX AND COST ALLOCATION
    Journal of Accounting Research, 1983, 21, (1), 222-233 View citations (3)
    See also Working Paper Simpsons Reversal Paradox and Cost Allocation, IIMA Working Papers (1982) (1982)

1982

73. 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 (285)
    See also Working Paper Efficiency of Experimental Security Markets with Insider Information: An Application of Rational Expectations Models, Working Papers
74. USING THE FASBS QUALITATIVE CHARACTERISTICS IN ACCOUNTING POLICY CHOICES
    Journal of Accounting Research, 1982, 20, (2), 654-675 View citations (3)

1981

75. STUDIES ON STANDARDIZATION OF ACCOUNTING PRACTICES - AN ASSESSMENT OF ALTERNATIVE INSTITUTIONAL ARRANGEMENTS - A SYNTHESIS
    Journal of Accounting Research, 1981, 19, 227-239

1980

76. Corporate Capital Investment, Accounting Methods and Earnings: A Test of the Control Hypothesis
    Journal of Finance, 1980, 35, (2), 553-65 View citations (1)
77. Discussion of the role of accounting in financial disclosure
    Accounting, Organizations and Society, 1980, 5, (1), 81-86
78. Stationarity of Market Risk: Random Coefficients Tests for Individual Stocks
    Journal of Finance, 1980, 35, (4), 883-96 View citations (57)

1979

79. Methodological issues in the use of financial ratios
    Journal of Accounting and Economics, 1979, 1, (3), 187-210 View citations (47)

1978

80. ACCURACY OF EXCHANGE VALUATION RULES
    Journal of Accounting Research, 1978, 16, (2), 341-367 View citations (4)

1976

81. Finance and Accounting: Discussion
    Journal of Finance, 1976, 31, (2), 680-84
82. OPTIMAL CHOICE BETWEEN FIFO AND LIFO
    Journal of Accounting Research, 1976, 14, (2), 277-300 View citations (1)

1973

83. RELATIONSHIP BETWEEN ACCOUNTING CHANGES AND STOCK PRICES - PROBLEMS OF MEASUREMENT AND SOME EMPIRICAL-EVIDENCE
    Journal of Accounting Research, 1973, 11, 1-45 View citations (20)

Undated

84. Adverse effects of uniform written reporting standards on accounting practice, education, and research
    Journal of Accounting and Public Policy, 29, (2), 99-114 View citations (11)

Books

1994

1. Experimental Methods
   Cambridge Books, Cambridge University Press View citations (171)

1977

2. Oil Industry Profits
   Books, American Enterprise Institute View citations (1)

Chapters

2024

1. Study of organization without strategy: structural rationality
   Chapter 12 in Elgar Companion to Herbert Simon, 2024, pp 250-274

2023

2. The importance of structural rationality: understanding market institutions
   Chapter 2 in Artificial Intelligence and Financial Behaviour, 2023, pp 51-68

2016

3. Experimental Exploration into Macro Economics
   Springer

2007

4. Economizing Principle in Accounting Research
   Springer
   See also Working Paper Economizing Principle in Accounting Research, Yale School of Management (2007) (2007)
5. What Have We Learned From Experimental Finance?
   Springer View citations (5)

Editor

1. Accounting, Economics, and Law: A Convivium
   De Gruyter