Yohanes E. Riyanto
Nanyang Technological University
Publications 77
#2Yohanes E. RiyantoH-Index: 12
Last.Nilanjan RoyH-Index: 3
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Keynes Fund (Cambridge). My coauthors have funding from the Singapore Ministry of Education (MOE) Academic Research Fund (AcRF) Tier 2 grant.
#1Josie I. Chen (NTU: National Taiwan University)
#2Tai-Sen He (NTU: Nanyang Technological University)
Last.Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
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Abstract Since Chen (2013), a fast-growing body of literature has documented abundant supporting evidence for the linguistic-savings hypothesis. Despite this influx of research, direct causal evidence is limited. In this study, we take advantage of a unique linguistic feature of the Chinese language: speakers can freely choose whether or not to use the future tense when referring to a future event. This flexibility allows us to unobtrusively manipulate the use of “will” in the description of the...
#1Edward Halim (NTU: Nanyang Technological University)
#2Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
Abstract We investigate the impact of compulsory insider-trading disclosure and its combination with a mandatory holding rule on price predictability and asset mispricing. We modify the dynamic price-adjustment model to account for insiders’ private information. Our results show that insiders produce weakly-characterized price signals that induce a less than proportional price adjustment to the changes in the dividend value, in both markets with disclosure rule and holding requirement, in compar...
#1Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
#2Nilanjan Roy (CityU: City University of Hong Kong)H-Index: 3
Abstract Cooperation can take several forms when a group of people interact repeatedly over time. Turn-taking is one such form of intertemporal cooperation that is observed in various daily activities, but at the same time, remains under-studied in the economics literature. We report results from experiments designed to investigate the path of intertemporal cooperation in three-person finitely repeated public good games without communication. Each round, only a subset of individuals is needed to...
#1Robert G. Hammond (NCSU: North Carolina State University)H-Index: 5
#2Bin Liu (CUHK: The Chinese University of Hong Kong)
Last.Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
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#1Jia Liu (SHU: Sheffield Hallam University)
#2Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
In the presence of contract incompleteness and asymmetric information, liquidation policy plays an important role in financial contracting. Liquidation is a double-edged sword. It deters borrowers from defaulting strategically, but it could be harsh to borrowers experiencing short-term liquidity problems. This paper presents an experimental analysis of the impacts of (1) liquidation policy on borrowers’ incentive to engage in strategic default and (2) disclosure of credit history information on ...
#1Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
#2Yeo X.W. Jonathan (Warw.: University of Warwick)H-Index: 1
Trust and trustworthiness are important in social relationships. Levels of trust and trustworthiness are likely to depend on “social” utility; the magnitude of which is influenced by the social context governing individual relationships. Social networks are an example of such a social context. This paper investigates how social networks influence trust and trustworthiness by blending social network analysis with experimental economics methodology in two separate experiments. We show that trust a...
#1Nattavudh Powdthavee (Warw.: University of Warwick)H-Index: 22
#2Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
Last.Jack L. Knetsch (SFU: Simon Fraser University)H-Index: 30
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Publications in leading journals are widely known to have a positive impact on economists’ judgments of the value of authors’ contributions and professional reputations. While conjectures that publications in lower-rated journals likely have a negative impact on such judgments are common, there have been virtually no direct tests of their validity. Our intent is to provide results from such a test, one that involved asking economists from 44 universities throughout the world to rate either a pub...
This paper evaluates the role of centralized punishment in boosting contribution to the provision of public goods. To avoid the race to the bottom in the provision of public goods, this centralized punishment mechanism relies on the use of the unilateral and tie punishment imposed on the lowest contributor(s). In this paper, we aim to examine how severe this unilateral and tie punishment should be to achieve the full-contribution equilibrium. Specifically, we are interested in investigating the ...
#1Jia Liu (Newcastle University)
#2Yohanes E. Riyanto (NTU: Nanyang Technological University)H-Index: 12
It is well documented that people are reluctant to switch from a default option. We experimentally test the robustness of this behavioral inertia in a collective decision-making setting by varying the default option type and the decision-making environment. We examine the impacts of automatic-participation and no-participation default options on subjects’ participation in a public goods provision and their contributions. Two variants of public goods game are employed: the linear and the threshol...