Bio

I am an Associate Professor in the Department of Economics at Kyung Hee University. I received my Ph.D. in Economics from Virginia Polytechnic Institute and State University in 2019.

My research tries to bring insights from psychology to bear on topics in microeconomics.

Email: dwlee05@gmail.com
dongwoolee@khu.ac.kr

[Curriculum Vitae][Google Scholar]

Working Papers

The Emergence of Strategic Reasoning of Large Language Models

(with Gavin Kader)

Endogenous Syndicate Formation in (Rent-Seeking) Contests

(with Kyung Hwan Baik)

R&R at Journal of Economic Behavior & Organization

The Incentives for Market Economy Transition under International Market Competition

(with Sang-Kee Kim)

The Effect of Resource Asymmetry in Contest Experiments

(with Liangfo Zhao)

Multi-Battle Contests: Theory and Experiments

(with Yichuan Cai)

Publications

Sabotage and Free Riding in Contests with a Group-Specific Public-Good/Bad Prize

(with Kyung Hwan Baik)

Journal of Public Economic Theory 27(6): e70075, 2025.

Limited Power of Outside Options: New Evidence from Ultimatum Games

(with Qingrong He and Qichao Shi)

Economics Letters 255: 112506, 2025.

Pension Systems Revisited in the Age of Automation and an Aging Economy

(with Jae-Yoon Kim)

Journal of Economic Behavior & Organization 228: 106784, 2024.

Testing Rational Hypotheses in Signaling Games

(with Adam Dominiak)

European Economic Review 160: 104610, 2023.

Selective Attribute Rules

(with Hans Haller)

Journal of Economics 137: 229–254, 2022.

Misleading Sales in Salience Markets

Applied Economics Letters 29(2): 159-166, 2022.

Publications in Korean

객관적 강점이 존재하는 경우의 법정경합: 관찰 불가능한 성공보수 계약을 고려하는 경우

(공동저자: 강판상)

경제학연구, 2020년, 제68권, 4호.

객관적 강점이 존재하는 경우의 법정경합

(공동저자: 강판상)

경제학연구, 2020년, 제68권, 1호.

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