RISS Workshop
- Date
- September 30,2020 16:30-18:00
- Venue
- Zoom
- Lecturer
- Masao Nagatsuka（lecturer, Faculty of Economics,Osaka Gakuin University）
- Title
- “The Intrinsic Value of Decision Rights and Reciprocity”
- Abstract
- This study examines how intrinsic values of owing decision rights change when people are placed in a reciprocal environment. In recent years, an allocation of decision rights in firms has become an important issue in organizational management. Job specific theory suggests that intrinsic motivation through a sense of psychological ownership can increase organizational productivity. Recent researches in experimental economics also have shown that the decision right is one of the key factors for organizational productivity. As for putting the decision rights in opponent's hands, previous experimental research has shown that reciprocal relationship within memberships lead to decrease productivity due to averse being controlled. However, the relationship between owning decision right and reciprocity has not yet been clarified. Thus, we designed an experiment to test whether reciprocal environment affect intrinsic values of decision rights. Our findings indicated that people who were assigned in reciprocal treatment had an altered value for owing decision rights. Results in this paper provides new insights into the relationship between an allocation of decision rights and reciprocity, and thus may be relevant to actual organizational design.
RISS Workshop
- Date
- August,7,2020 15:30-17:00
- Venue
- Zoom
- Lecturer
- Tomoharu Mori（Associate professor,College of Comprehensive Psychology,Ritsumeikan University）
- Title
- “The Impact of Test Score Labels on University Choice: A Regression Discontinuity Design Approach”
- Abstract
- We used data from Japanese university entrance exams to examine how the test result score labels affect students' application behavior. Students know their raw score (a continuous variable) and the score label (a discrete variable) that indicates their likelihood of success after the first test at the same time. We used a regression discontinuity design to show that score labels affect students' application behavior, with behavior jumping around the score label threshold. We further test for the heterogeneity of the jumps, taking advantage of the large data set.
RISS Workshop
- Date
- June 16,2020 18:00-19:30
- Venue
- Zoom
- Lecturer
- Kazushige Matsuda（GraduateSchool of Economics,Hitotsubashi University）
- Title
- “College Education and Income Contingent Loans in Equilibrium: Theory and Quantitative Evaluation” (with Karol Mazur)
- Abstract
- This paper investigates the welfare and efficiency implications of income-contingent loans (ICLs) for financing risky college graduation. We show that the laissez-faire allocation is constrained inefficient. Furthermore, we show that although ICLs can restore the second best efficiency of the economy, the social planner may achieve the same outcomes using progressive income tax systems. Building on these insights, we construct an overlapping generations life-cycle economy with heterogeneous agents and calibrate it to the US education and labor markets. While the current design of ICLs induces significant redistribution across wealth-ability groups, it does not increase overall utilitarian welfare, as it is largely substituted by the existing progressive income tax system.
RISS Workshop
- Date
- June 10,2020 17:00-18:30
- Venue
- Zoom
- Lecturer
- Toshihiko Nanba（Postdoctoral Fellow,Kansai University）
- Title
- “The Cost of Gaming in Quota Contracts”
- Abstract
- This paper studies the effect of system gaming in the dynamic moral hazard model. It is well known that the gaming is an important problem when firms use a nonlinear incentive contract such as quota-based contracts.However, it is not known how the gaming affects the type of the optimal contract. In this paper, we characterize the optimal incentive contract and show that if the agent's productivity is relatively high, quota-based contracts is more profitable for firms than linear contract even when the agent can manipulate outputs. Moreover, we compare this gaming situation with non-gaming situation in which the agent can not game the system in order to investigate the effect of gaming. We also show that if the agent is less productive, then the gaming effect is more profitable for firms.
Research Seminar
- Date
March, 7, 2020 13:00-18:00This seminar is postponed.- Sponsers
- 関西大学ソシオネットワーク戦略研究機構・国際ソシオネットワーク戦略学会
- Theme
- 社会科学における実験研究とRISSの役割
- Purpose
- 近年、経済学のみならず社会科学全般において実験研究が盛んに行われている。経済実験室を有するRISSには、共同利用・共同研究拠点として、こうした流れを加速させることが期待される。 そこで本セミナーでは、商学・政治学の研究者の参加を得て、社会科学における実験研究の到達点を共有するとともに、経済実験室の利用者による研究成果報告を得ることで、 社会科学に対するRISSの役割と貢献のあり方を考える。
- Program
- 開会の挨拶
13:00-13:05
本西泰三 機構長 （関西大学経済学部・教授）
総合司会
13:05-13:10
名取良太 副機構長 （関西大学総合情報学部・教授）
Session 1
Chair 名取良太 （関西大学総合情報学部・教授）
13:10-13:55
「Optimal Timing for Retargeting: Evidence from Field Experiments」（Authors： Takeshi Moriguchi, Xueming Luo, Jing Li, Xianghua Lu）
守口 剛 （早稲田大学商学学術院・教授）
13:55-14:40
「政治学における実験室実験の現状と課題」
谷口尚子 （慶應義塾大学システムデザイン・マネジメント研究科・准教授）
14:40-15:25
「サーベイ実験を用いた2019年沖縄県民投票の分析：選択肢デザイン効果と投票参加効果」（著者：久保慶明・岡田勇・柳至）
久保慶明 （琉球大学人文社会学部・准教授）
岡田 勇 （名古屋大学大学院国際開発研究科・准教授）
15:25-15:45 Short Break
Session 2
Chair 小川一仁 （関西大学社会学部・教授）
15:45-16:10
「多サイト経済実験はどのようにすれば可能か：被験者の認知能力と属性の制御」（著者：小川一仁・尾﨑祐介・川村哲也・高橋広雅・田口聡志・藤井陽一朗・渡邊直樹）
小川一仁 （関西大学社会学部・教授）
16:10-16:35
「製品選択場面における眼球運動の分析手法について」（著者：川杉桂太、村上始、渡辺藍丸、竹村和久）
川杉桂太 （早稲田大学大学院生）
16:35-17:00
「A School Choice Experiment:Cognitive Ability and Information」（Authors： Naoki Watanabe, Tetsuya Kawamura, Kazuhito Ogawa）
渡邊直樹 （慶應義塾大学大学院経営管理研究科・准教授）
17:00-17:10 Short Break
17:10-17:35
「小刻みな税率引き上げが消費に与える影響：くじ消費実験による分析」
竹本 亨 （帝塚山大学経済経営学部・教授）
17:35-18:00
「Reciprocity is different: Experimental evidence from trust game between Japanese domestic and international students.」 （Authors： Tetsuya Kawamura, Yoichiro Fujii, Yusuke Osaki, Gou Otani and Ryuji Saito）
尾﨑祐介 （早稲田大学商学学術院・准教授） - Details
- 関西大学 研究所事務グループ（ソシオ機構）
E-mail riss@ml.kandai.jp
Tel 06-6368-1228
RISS Workshop
- Date
- Feburary 26,2020 17:00-18:30
- Lecturer
- Yukiko Sawada （lecturer, Faculty of Economics, Ryukoku University）
- Title
- "Deep Regional Trade Agreements and Cross-border Technology Transfer: Theory and Evidence"
- Abstract
- In this study, we examine whether deep regional trade agreements (RTAs) facilitate cross-border technology transfer. As a mode of technology transfer, we focus on licensing. We first derive a micro-founded structural gravity equation for cross-border licensing from a model in which heterogeneous firms choose to supply their goods to foreign markets by exports, foreign direct investment, or licensing. We show several comparative statics results regarding the effects of changes in fixed costs of serving the destination country, the freeness of trade, and the strength of intellectual property right (IPR) protection on exports of licensing fees. We then empirically test predictions from our model by using data on bilateral exports of royalties and licensing fees for 181 countries/regions for the period 1995-2012. Various dummy variables are used to measure the impact of shallow and deep RTAs. Consistent with our theoretical prediction, we find that a shallow RTA without IPR provision may reduce total exports of licensing and that a deep RTA with legally enforceable IPR provision will increase total exports of licensing. The net effect of forming a deep RTA is positive.
2nd International Symposium on Socionetwork Strategies in the Market of Data
-Intercultural Collaboration and Life Space Innovation-
- Date
- February 15, 2020 9:00-17:00
- Sponsors
- The University of Tokyo - Open Innovation Program
The Research Institute for Socionetwork Strategies
Data Jacket Promotion Work Group
Innovation Systems Research Circle - Program
- 9:00-11:00
Openning
"An example of how to create a smart city centered on human life"
Kazunori Takayanagi (enebular Technology Unit, Business Planning, Uhuru Corporation）
"Related population creation activities in Shimane Takatsu river basin"
Yumiko Nagoh (Project Manager, Institute for Open Innovation, The University of Tokyo）
"The expected potential of living labs on the urbanism"
Sae Kondo (Assistant Professor, Research Center for Advanced Science and Technology (RCAST), The University of Tokyo）
11:40-14:00
Field Work and Lunch Break
14:00-16:30
"Social and active inclusion of the elderly in the city through walkability: innovative approaches from data collection until simulation"
Stefania Bandini（Professor, Department of Computer Science, University of Milano-Bicocca(Italy) / Research Fellow, Research Center for Advanced Science and Technology (RCAST), The University of Tokyo）
"Data Jackets may Change with Your Drifting Speed in the Real Field"
Yukio Ohsawa（Professor, Department of Systems Innovation School of Engineering, The University of Tokyo）
"Variable- and Context-based Knowledge Base for Reducing Belief Drift"
Teruaki Hayashi（Associate Professor, Department of Systems Innovation School of Engineering, The University of Tokyo）
"Visualization of Clinical Activities in University Hospital"
Shusaku Tsumoto（Professor, Department of Medical Informatics, Shimane University）
"DA Algorithm and its Applications: School Choice and Personnel Assignment"
Naoki Watanabe （Associate Professor, Graduate School of Business Administration, Keio University） - Details
- Click here for details.
RISS Workshop
- Date
- January 29, 2020 17:00-18:30
- Lecturer
- Makoto Watanabe (VU University Amsterdam)
- Title
- "Endogenous repo cycles" (with Vyacheslav Arbuzov, Yu Awaya, and Hiroki Fukai), June 2019
- Abstract
- This paper presents a simple and tractable equilibrium model of repos, where col-lateralized credit emerges under limited commitment. We show that even if there is no time variation in fundamentals, repo markets can fluctuate endogenously over time. In our theory, repo market fragilities are associated with endogenous fluctuations in trade probabilities, collateral values, and debt limits. We show that the collateral premium of a durable asset will become the lowest right before a recession and the highest right after the recession and that secured credit is acyclical.
RISS Workshop
- Date
- October 15, 2019 18:00-20:00
- Lecturer
- Jauer Chen (Associate professor, Tokyo International University)
- Title
- “Causal Random Forests Model using Instrumental Variable Quantile Regression”
- Abstract
- We propose an econometric procedure based mainly on the generalized random forests method of Athey, Tibshirani and Wager (2019, The Annals of Statistics). Not only does this process estimate the conditional quantile treatment effect nonparametrically, but our procedure yields a measure of variable importance in terms of heterogeneity among control variables. We also apply the proposed procedure to reinvestigate the distributional effect of 401(k) participation on net financial assets, and the quantile earnings effect of participating in a job training program.
RISS Workshop
- Date
- October 3, 2019 17:00-
- Lecturer
- Jean-Baptiste Michau (Ecole Polytechnique, Department of Economics, Professor)
- Title
- Helicopter Drops of Money under Secular Stagnation
- Abstract
- What are the effects of helicopter drops of money under secular stagnation? This paper shows that, if the government cannot sustain a Ponzi debt scheme under full employment, then helicopter drops of money cannot transfer real wealth to households under secular stagnation. In that case, despite being in a permanent liquidity trap, a one-off helicopter drop triggers an upward jump in the price level, without any real effect on the economy. Conversely, if a Ponzi scheme can be sustained, then the helicopter drop can stimulate aggregate demand by raising household wealth. If the stagnation real interest rate is larger than the economic growth rate, the economy converges to full employment and a sustainable Ponzi scheme and, otherwise, it gradually reverts back to stagnation. Finally, continuous helicopter drops of money under stagnation must induce the economy to reach a full employment steady state, with or without a Ponzi scheme.