LIM, Wooyoung
Source: https://bm.hkust.edu.hk/faculty/lim-wooyoung Parent: https://bm.hkust.edu.hk/bizinsight/leadership-and-behavioral-decision-making
LIM, Wooyoung
Head, Lee Heng Fellow, Professor
Department of Economics
Recent Activities
CHOI, Syngjoo
KIM, Seonghoon
Strategic Thinking Skills: A Key to Collective Economics Success
We conduct a large-scale experiment to measure elementary aspects of strategic thinking skills and their linkage to labor market outcomes. Two incentivized measures of higher-order rationality and backward induction are developed. Males' (females') strategic thinking skills are positively (negatively) associated with individual labor income. However, among ... Read More
[ Leadership and Behavioral Decision-making ]
Herd Immunity and A Vaccination Game
Would the affected communities voluntarily obtain herd immunity if a cure for COVID-19 becomes available? The conventional wisdom says “no” because of the fact that an individual's decisions does not take into account its positive externality to others, i.e., if you get a vaccine, you are improving the chance that other will get sick. That is why people ... Read More
[ BizTalks ]