Journal Articles
2014
“Would You Pay for Transparently Useless Advice? A Test of Boundaries of Beliefs in the Folly of Prediction” (with Nattavudh Powdthavee), The Review of Economics and Statistics, Vol. 97 No. 2, pp. 257-272.
“An Egalitarian Regime Breeds Generosity: The Effect of Endowment Allocation Procedures on Social Preferences” (with Jianlin, Zhang), Economic Inquiry, Vol. 52 No. 3, pp. 1027–1039.
“Bank Ownership and Efficiency in the Aftermath of Financial Crises: Evidence from Indonesia” (with Rasyad A. Parinduri), Review of Development Economics, Vol. 18 No. 1, pp. 93-106.
2013
“The impact of social comparison of ability on pro-social behaviour” (with Jianlin, Zhang), Journal of Behavioral Economics (formerly Journal of Socio-Economics), Vol. 47, pp. 37-46.
“Labour Union Bargaining and Firm Organizational Structure” (with Aekapol Chongvilaivan and Jung Hur), Labour Economics, Vol. 24, No. 5, pp. 116-124.
2012
“Gain and Loss Domains and the Choice of Welfare Measure of Positive and Negative Changes” (with Jack L. Knetsch and Jichuan Zhong), Journal of Benefit Cost Analysis, Vol 3, No.4, (Lead Article), (2012).
“How Does Voice Matter?: Evidence from the Ultimatum Game” (with Ong Qiyan and Steve Sheffrin), Experimental Economics, Vol.15, No.4, pp.604-621, (2012).
“Organizational Structure and Product Market Competition” (with Jung Hur), Journal of Economics and Management Strategy, Vol.21 No.3, pp. 707–743, (2012).
“The Impact of the Strategic Sale of Restructured Banks: Evidence from Indonesia” (with Rasyad A. Parinduri), World Development, Vol.40, No.3, pp.446-457, (2012).
2011
“Cross-Border M&A Inflows and Quality of Country Governance: Developing vs. Developed Countries” (with Jung Hur and Rasyad A. Parinduri), Pacific Economic Review, No.5, Vol. 16, pp. 638-655, (2011).
“Signaling Strength? An Analysis of Economic Decision Making in the Weakest Link” (with Marco Haan and Bart Los), Theory and Decision, Vol. 71, No. 4, pp. 519-537, (2011).
“Do Banks Respond to Capital Requirements? Evidence from Indonesia” (with Rasyad A. Parindur),Applied Financial Economics, Vol. 21, Issue 9, pp. 651-663, (2011).
2010 and earlier
“Ownership of Property Rights and the Allocation of Talents” (with Liu Haoming), Applied Economics, Vol. 41(26), pages 3425-3436, (2009)
“Outsourcing Types, Relative Wages and the Demand for Skilled Workers: New Evidence from US Manufacturing” (with Aekapol Chongvilaivan and Jung Hur), Economic Inquiry, Vol.47, No.1, pp.18-33, (2009).
“Tunneling and Propping: A Justification for Pyramidal Ownership” (with Linda A. Toolsema),Journal of Banking and Finance, Vol.32, No.10, pp.2178-2187, (2008).
“Finance and Trade: A Cross-Country Empirical Analysis on the Impact of Financial Development and Asset Tangibility on International Trade” (with Jung Hur and Manoj Raj), World Development, Vol.34, No.10, pp.1728-1741, (2006).
“The Strategic Use of Corporate Venture Financing for Securing Demand” (with Armin Schwienbacher), Journal of Banking and Finance, Vol.30, No.10, pp.2809-2833, (2006).
“Tariff Policy and Exhaustion of Intellectual Property Rights in the Presence of Parallel Imports” (with Jung Hur), Oxford Economic Papers, Vol.58, No.3, pp.549-568, (2006).
“The Effects of Takeover Threats on Shareholder and Firm Value” (with Marco Haan), Journal of Economic Behavior and Organization, Vol. 59, No.1, pp.45-68, (2006).
“Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices” (with Paulo A. Nunes), Biodiversity and Conservation Journal, 14(8), pp.2009-2027, (2005).
“A Market Mechanism for Scientific Communication: Reply” (with Hakan Yetkiner), Kyklos, 56(3), pp.401-403, (2003).
“A Market Mechanism for Scientific Communication: A Proposal” (with Hakan Yetkiner), Kyklos, 55(4), pp.563-569, (2002).
“Exchange Rate Pass-Through in Vertically Related Markets” (with Yunus Aksoy), Review of International Economics, Vol.8, No.2 pp. 235-251, (2000).
“Inter- and Intra brand Competition and the Manufacturer-Retailer Relationship” (with Jerzy Mycielski and Filip Wuyts), Journal of Institutional and Theoretical Economics, Vol 156, No.4, pp.599-624, (2000).
“Corporate Takeovers, Bargaining, and Managers’ Incentives to Invest” (with Marcel Canoy and Patrick Van Cayseele), Managerial and Decision Economics, Vol 21, pp.1-18, (2000).
Other Articles and Op-Ed
“Differing Impacts of Peer Comparison”, The Business Times, June 16 2010.
“Indonesia’s Banking Industry: More power to the market” (with Rasyad A. Parinduri), The Straits Times, Sept 26 2007.
“Riding along a Bumpy Road: Indonesian Economy in an Emerging Democratic Era” (with Aris Ananta), ASEAN Economic Bulletin, Vol.23, No.1, p.1-11,(2006).
“The Economics of the Weakest Link TV Game Show”, in Dutch (Dutch Title: “De Economie van de Zwakste Schakel”), (with Marco Haan and Bart Los), Economische Statistische Berichten (ESB), 2004, April 30th, pp.207-209, (With Marco Haan and Bart Los).
Media Coverage
Nattavudh Powdthavee and Yohanes E. Riyanto (2012), “Why Do People Pay for Useless Advice? Implications of Gamblers and Hot-hand’s Fallacy in a False Expert Setting” London School of Economics (LSE) – Center for Economic Performance Discussion Paper, No.1153 (June 2012)
Featured in:
- “No So Expert: The Need for Financial Advice May be More Psychological than Practical”, The Economist, June 9th 2012
- “Heads or Tails? Just Don’t Bet on It”, The Financial Times June 15th 2012
- “People Will Pay for ‘Transparntly Useless Advice’ about Chance Events”, The Wall Street Journal” June 18th 2012
- “Paying for ‘Transparently Useless Advice'”, Freakonomics June 1th 2012
- “If You’ve Got Lucky, It’s Easy to Convince People You’re a Sage”, New Statesman, June 6th 2012
Book Chapter
“Economic Crisis and Fiscal Policy Management”, (with Silvia M. Arlini), in The Indonesian Economy: Entering a New Era (Aris Ananta, Mulyana Soekarni and Sjamsul Arifin (eds), Institute of Southeast Asian Studies (ISEAS), (2011).
“Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices” (with Paulo A. Nunes), Biodiversity and Conservation Journal, 14(8), pp.2009-2027, (2005).
“The Use of Certification and Ecolabelling as a Market Based Policy Instrument for Biodiversity Management” (with Paulo A. Nunes), in Environment, Information and Consumer Behavior,Signe Krarup and Clifford Russel (eds), Edward Elgar, 320 pp, (2005).
Journal Articles
Experimental and Behavioural Economics
“Would You Pay for Transparently Useless Advice? A Test of Boundaries of Beliefs in the Folly of Prediction” (with Nattavudh Powdthavee), The Review of Economics and Statistics, Vol. 97 No. 2, pp. 257-272.
“An Egalitarian Regime Breeds Generosity: The Effect of Endowment Allocation Procedures on Social Preferences” (with Jianlin, Zhang), Economic Inquiry, Vol. 52 No. 3, pp. 1027–1039.
“The impact of social comparison of ability on pro-social behaviour” (with Jianlin, Zhang), Journal of Behavioral Economics (formerly Journal of Socio-Economics), Vol. 47, pp. 37-46.
“How Does Voice Matter?: Evidence from the Ultimatum Game” (with Ong Qiyan and Steve Sheffrin), Experimental Economics, Vol.15, No.4, pp.604-621, (2012).
“Gain and Loss Domains and the Choice of Welfare Measure of Positive and Negative Changes” (with Jack L. Knetsch and Jichuan Zhong), Journal of Benefit Cost Analysis, Vol 3, No.4, (Lead Article), (2012).
“Signaling Strength? An Analysis of Economic Decision Making in the Weakest Link” (with Marco Haan and Bart Los), Theory and Decision, Vol. 71, No. 4, pp. 519-537, (2011).
“Labour Union Bargaining and Firm Organizational Structure” (with Aekapol Chongvilaivan and Jung Hur), Labour Economics, Vol. 24, No. 5, pp. 116-124.
“Organizational Structure and Product Market Competition” (with Jung Hur), Journal of Economics and Management Strategy, Vol.21 No.3, pp. 707–743, (2012).
“Ownership of Property Rights and the Allocation of Talents” (with Liu Haoming), Applied Economics, Vol. 41(26), pages 3425-3436, (2009)
“The Strategic Use of Corporate Venture Financing for Securing Demand” (with Armin Schwienbacher), Journal of Banking and Finance, Vol.30, No.10, pp.2809-2833, (2006).
“Tariff Policy and Exhaustion of Intellectual Property Rights in the Presence of Parallel Imports” (with Jung Hur), Oxford Economic Papers, Vol.58, No.3, pp.549-568, (2006).
“Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices” (with Paulo A. Nunes), Biodiversity and Conservation Journal, 14(8), pp.2009-2027, (2005).
“A Market Mechanism for Scientific Communication: Reply” (with Hakan Yetkiner), Kyklos, 56(3), pp.401-403, (2003).
“A Market Mechanism for Scientific Communication: A Proposal” (with Hakan Yetkiner), Kyklos, 55(4), pp.563-569, (2002).
“Exchange Rate Pass-Through in Vertically Related Markets” (with Yunus Aksoy), Review of International Economics, Vol.8, No.2 pp. 235-251, (2000).
“Inter- and Intrabrand Competition and the Manufacturer-Retailer Relationship” (with Jerzy Mycielski and Filip Wuyts), Journal of Institutional and Theoretical Economics, Vol 156, No.4, pp.599-624, (2000).
Corporate Finance and Corporate Governance
“Bank Ownership and Efficiency in the Aftermath of Financial Crises: Evidence from Indonesia” (with Rasyad A. Parinduri), Review of Development Economics, Vol. 18 No. 1, pp. 93-106.
“The Impact of the Strategic Sale of Restructured Banks: Evidence from Indonesia” (with Rasyad A. Parinduri), World Development, Vol.40, No.3, pp.446-457, (2012).
“Do Banks Respond to Capital Requirements? Evidence from Indonesia” (with Rasyad A. Parindur),Applied Financial Economics, Vol. 21, Issue 9, pp. 651-663, (2011).
“Cross-Border M&A Inflows and Quality of Country Governance: Developing vs. Developed Countries” (with Jung Hur and Rasyad A. Parinduri), Pacific Economic Review, No.5, Vol. 16, pp. 638-655, (2011).
“The Strategic Use of Corporate Venture Financing for Securing Demand” (with Armin Schwienbacher), Journal of Banking and Finance, Vol.30, No.10, pp.2809-2833, (2006).
“Tunneling and Propping: A Justification for Pyramidal Ownership” (with Linda A. Toolsema),Journal of Banking and Finance, Vol.32, No.10, pp.2178-2187, (2008).
“Finance and Trade: A Cross-Country Empirical Analysis on the Impact of Financial Development and Asset Tangibility on International Trade” (with Jung Hur and Manoj Raj), World Development, Vol.34, No.10, pp.1728-1741, (2006).
“The Effects of Takeover Threats on Shareholder and Firm Value” (with Marco Haan), Journal of Economic Behavior and Organization, Vol. 59, No.1, pp.45-68, (2006).
“Corporate Takeovers, Bargaining, and Managers’ Incentives to Invest” (with Marcel Canoy and Patrick Van Cayseele), Managerial and Decision Economics, Vol 21, pp.1-18, (2000).
International Trade
“Cross-Border M&A Inflows and Quality of Country Governance: Developing vs. Developed Countries” (with Jung Hur and Rasyad A. Parinduri), Pacific Economic Review, No.5, Vol. 16, pp. 638-655, (2011).
“Outsourcing Types, Relative Wages and the Demand for Skilled Workers: New Evidence from US Manufacturing” (with Aekapol Chongvilaivan and Jung Hur), Economic Inquiry, Vol.47, No.1, pp.18-33, (2009).
“Finance and Trade: A Cross-Country Empirical Analysis on the Impact of Financial Development and Asset Tangibility on International Trade” (with Jung Hur and Manoj Raj), World Development, Vol.34, No.10, pp.1728-1741, (2006).
“Tariff Policy and Exhaustion of Intellectual Property Rights in the Presence of Parallel Imports” (with Jung Hur), Oxford Economic Papers, Vol.58, No.3, pp.549-568, (2006).
“Exchange Rate Pass-Through in Vertically Related Markets” (with Yunus Aksoy), Review of International Economics, Vol.8, No.2 pp. 235-251, (2000).
Other Articles and Op-Ed
“Indonesia’s Banking Industry: More power to the market” (with Rasyad A. Parinduri), The Straits Times, Sept 26 2007.
“Riding along a Bumpy Road: Indonesian Economy in an Emerging Democratic Era” (with Aris Ananta), ASEAN Economic Bulletin, Vol.23, No.1, p.1-11,(2006).
”The Economics of the Weakest Link TV Game Show”, in Dutch (Dutch Title: “De Economie van de Zwakste Schakel”), (with Marco Haan and Bart Los), Economische Statistische Berichten (ESB), 2004, April 30th, pp.207-209, (With Marco Haan and Bart Los).
Media Coverage
Nattavudh Powdthavee and Yohanes E. Riyanto (2012), “Why Do People Pay for Useless Advice? Implications of Gamblers and Hot-hand’s Fallacy in a False Expert Setting” London School of Economics (LSE) – Center for Economic Performance Discussion Paper, No.1153 (June 2012)
Featured in:
- “No So Expert: The Need for Financial Advice May be More Psychological than Practical”, The Economist, June 9th 2012
- “Heads or Tails? Just Don’t Bet on It”, The Financial Times June 15th 2012
- “People Will Pay for ‘Transparntly Useless Advice’ about Chance Events”, The Wall Street Journal” June 18th 2012
- “Paying for ‘Transparently Useless Advice'”, Freakonomics June 1th 2012
- “If You’ve Got Lucky, It’s Easy to Convince People You’re a Sage”, New Statesman, June 6th 2012
Book Chapter
“Economic Crisis and Fiscal Policy Management”, (with Silvia M. Arlini), in The Indonesian Economy: Entering a New Era (Aris Ananta, Mulyana Soekarni and Sjamsul Arifin (eds), Institute of Southeast Asian Studies (ISEAS), (2011).
“Information as a Regulatory Instrument to Price Biodiversity Benefits: Certification and Ecolabeling Policy Practices” (with Paulo A. Nunes), in Labeling Strategies in Environmental Policy, Mario Teisl (ed), Ashgate-Aldershot Publisher, 537 pp. (2007).
“The Use of Certification and Ecolabelling as a Market Based Policy Instrument for Biodiversity Management” (with Paulo A. Nunes), in Environment, Information and Consumer Behavior, Signe Krarup and Clifford Russel (eds), Edward Elgar, 320 pp, (2005).