Yu Awaya
- Associate Professor of Economics
PhD, Pennsylvania State University, 2015
- Office Location
- 228 Harkness Hall
- Telephone
- (585) 275-5781
- Web Address
- Website
Office Hours: By appointment
Research Overview
Research Interests
- Economic Theory
Selected Publications
- On Communication and Collusion, with V. Krishna, American Economic Review, 106 (2016), No. 2, 285-315.
- Community Enforcement with Observation Costs, Journal of Economic Theory 154 (2014), 173–186.
- A Note on 'Money Is Memory': A Counterexample, with Hiroki Fukai, Accepted at Macroeconomic Dynamics.
Work in Progress
- Cooperation without Monitoring: By means of an example, this note shows that monitoring is not necessary to achieve cooperation. More precisely, I consider an environment in which no player gets any information about past behavior of the other players. Despite this, there is an equilibrium in which players take myopically suboptimal actions. This is in sharp contrast to the body of literature on repeated games, where observability of others' past behavior is crucial to sustain cooperation.