Selected Readings in Behavioral Economics and Finance

Behavioral Economics of Preferences, Choices, and Happiness.- Part I Attitude toward Risk and Time.- 1 Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam (Tanaka, Camerer, Nguyen).- 2 Simultaneous Measurement of Time and Risk Preferences: Stated Preference Discrete Choice Modeling Analysis Depending on Smoking Behavior (Ida, Goto).- 3 Time discounting: Declining impatience and interval effect (Kinari, Ohtake, Tsutsui).- 4 Non-parametric Test of Time Consistency: Present Bias and Future Bias (Takeuchi, Kan).- 5 Loss of self-control in intertemporal choice may be attributable to logarithmic time-perception (Takahashi).- 6 Experiments on Risk Attitude : the Case of Chinese Students (Sasaki, Xie, Ohtake, Qin, Tsutsui).-Part II Addiction.- 7 Interdependency among Addictive Behaviors and Time/Risk Preferences: Discrete Choice Model Analysis of Smoking, Drinking, and Gambling (Ida, Goto).- 8 Discounting delayed and probabilistic monetary gains and losses by smokers of cigarettes (Ohmura, Takahashi, Kitamura).- 9 Time discounting and smoking behavior: Evidence from a panel survey (Kang, Ikeda).- 10 Smokers, smoking deprivation, and time discounting (Yamane, Yoneda, Takahashi, Kamijo, Komori, Hiruma, Tsutsui).- 11 The effects of the social norm on cigarette consumption: Evidence from Japan using panel data (Yamamura).-Part III Health.- 12 Hyperbolic discounting, the sign effect, and the body mass index (Ikeda, Kang, Ohtake).- 13 Economic and Behavioral Factors in an Individual's Decision to Take the Influenza Vaccination in Japan (Tsutsui, Benzion, Shahrabani).- Part IV Social Preferences.- 14 Another Avenue for Anatomy of Income Comparisons: Evidence from Hypothetical Choice Experiments (Yamada, Sato).- 15 Social capital, household income, and preferences for income redistribution (Yamamura).- Part V Happiness and Well-being.- 16 Koizumi Carried the Day: Did the Japanese Election Results Make People Happy and Unhappy? (Tsutsui, Kimball, Ohtake).- 17 Asking about changes in happiness in a daily web survey and its implication for the Easterlin paradox (Tsutsui, Ohtake).- 18 Welfare States and the Redistribution of Happiness (Ono, Lee).-Part VI Decisions.- 19 Revealed Attention (Yusufcan, Nakajima, Ozbay).- 20 Subjective random discounting and intertemporal choice (Higashi, Hyogo, Takeoka).- 21 A geometric approach to temptation (Abe).- Part VII Biological Foundation.- 22 Prediction of immediate and future rewards differently recruits cortico-basal ganglia loops (Tanaka, Doya, Okada, Ueda, Okamoto, Yamawaki).- 23 Second to fourth digit ratio and the sporting success of sumo wrestlers (Tamiya, Lee, Ohtake).-Part IIX Investor Behavior.- 24 Investors' Herding on the Tokyo Stock Exchange (Iihara, Kato, Tokunaga).- 25 The characteristics of online investors (Uchida).-26 Can margin traders predict future stock returns in Japan? (Hirose, Kato, Bremer).<br><br>Behavioral Interactions, Markets, and Economic Dynamics.- Part I Intergenerational Interactions.- 1 An equilibrium model of child maltreatment (Akabayashi).-2 Tough Love and Intergenerational Altruism (Bhatt, Ogaki).- Part II Behavioral Macroeconomics.-3 Consumer interdependence via reference groups (Hayakawa, Venieris, Yiannis).- 4 Bounded rationality, social and cultural norms, and interdependence via reference groups (Hayakawa) .- 5 Keeping one step ahead of the Joneses: Status, the distribution of wealth, and long run growth (Futagami, Shibata, Akihisa).- 6 Macroeconomic implications of conspicuous consumption: A Sombartian dynamic model (Yamada).- 7 On Persistent Demand Shortages: A behavioural Approach (Ono, Ishida).-Part III Time Preference in Macroeconomics.- 8 Rate of Time Preference, Intertemporal Elasticity of Substitution, and Level of Wealth (Ogaki, Atkeson).- 9Economic development and time preference schedule: The Case of Japan and East Asian NICs(Ogawa).- 10 Luxury and Wealth (Ikeda, Shinsuke).- 11 On decreasing marginal impatience (Hirose, Ikeda).- Part IV Bubbles and Crash.- 12 Why Did the Nikkei Crash? Expanding the Scope of Expectation Data Collection (Shiller, Kon-Ya, Tsutsui).- 13 Price Bubbles Sans Dividend Anchors: Evidence from Laboratory Stock Markets (Hirota, Sunder, Shyam).- Part V Experimental Markets.- 14 Revenue Non-Equivalence between the English and the Second-Price Auctions: Experimental Evidence (Soo Hong, Nishimura).- 15 An experimental test of a committee search model(Hizen, Kawata, Sasaki).- 16 Equilibrium refinement vs. level-k analysis: An experimental study of cheap-talk games with private information (Kawagoe, Takizawa).-Part VI Behavioral Contract Theory.- 17 Moral Hazard and Other-Regarding Preferences(Itoh).- 18 Contracting with self-esteem concerns(Ishida).- 19 Optimal Promotion Policies with the Looking‐Glass Effect(Ishida).-Part VII Market Efficiency and Anomalies.- 20 Is No News Good News? The Streaming News Effect on Investor Behavior Surrounding Analyst Stock Revision Announcement (Azuma, Okada, Hamuro).- 21 The Winner-Loser Effect in Japanese Stock Returns(Kato, Iihara, Tokunaga).- 22 Addition to the Nikkei 225 Index and Japanese market response: Temporary demand effect of index arbitrageurs(Okada, Isagawa, Fujiwara).- 23 The Calendar Structure of the Japanese Stock Market: The ‘Sell in May Effect’ versus the ‘Dekansho-bushi Effect'( Sakakibara, Yamasaki, Okada).