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Study on decision-making and behavior of economic agents in endogeneous and dynamic social and economic systems(Fostering Joint International Research)

Research Project

Project/Area Number 15KK0123
Research Category

Fund for the Promotion of Joint International Research (Fostering Joint International Research)

Allocation TypeMulti-year Fund
Research Field Social systems engineering/Safety system
Research InstitutionYamaguchi University

Principal Investigator

YAMADA Takashi  山口大学, 国際総合科学部, 准教授 (90401570)

Research Collaborator HANAKI Nobuyuki  Université Côte d'Azur, GREDEG, Professor
Project Period (FY) 2016 – 2018
Project Status Completed (Fiscal Year 2018)
Budget Amount *help
¥7,150,000 (Direct Cost: ¥5,500,000、Indirect Cost: ¥1,650,000)
Keywordsモデリング / 意思決定 / 異質性 / 学習 / マルチエージェント実験経済学
Outline of Final Research Achievements

The objective of this project is to establish the framework of agent-based
computational economics methodology for the social and economic systems with heterogeneous agents. For this, the researcher picks up Swedish lottery, a coordination game, and a credence good game and then develops the behavioral and learning models of agents by experimental and computational approach.
The main findings are as follows: First, there are more participants in the Swedish lottery where only one player could win than that where there is a possibility that plural participants may earn rewards. Second, the behaviors of subjects are different from the theoretical models. Third, contextualized markets affected the behaviors of subjects in credence goods game.

Academic Significance and Societal Importance of the Research Achievements

エージェントの意思決定・行動モデルが確立されると、説得力が高く、利用者が容易に理解することができ、検証と評価が可能な社会システム研究の方法論の構築が期待される。また、事例分析や数理モデルなどで表現しにくい社会現象を操作可能なモデルとして実現し、領域専門家が自由に利用できる環境が提供される。

Report

(4 results)
  • 2018 Annual Research Report   Final Research Report ( PDF )
  • 2017 Research-status Report
  • 2016 Research-status Report
  • Research Products

    (4 results)

All 2019 2017

All Int'l Joint Research (1 results) Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 1 results) Presentation (1 results) (of which Int'l Joint Research: 1 results)

  • [Int'l Joint Research] Universite Cote d' Azur(フランス)2017

    • Related Report
      2018 Annual Research Report
  • [Journal Article] Behavioral Heterogeneity Affects Individual Performances in Experimental and Computational Lowest Unique Integer Games2017

    • Author(s)
      Yamada, T.
    • Journal Title

      rontiers in Physics - Interdisciplinary Physics

      Volume: 5 Pages: 65-79

    • DOI

      10.3389/fphy.2017.00065

    • Related Report
      2017 Research-status Report
    • Peer Reviewed / Open Access
  • [Journal Article] How to Attract Customers to Your Website with Word-of-Mouth Communication in Social Media2017

    • Author(s)
      Zhou J., Yamada T., Terano T.
    • Journal Title

      Agent-Based Approaches in Economics and Social Complex Systems

      Volume: 9 Pages: 71-82

    • DOI

      10.1007/978-981-10-3662-0_6

    • ISBN
      9789811036613, 9789811036620
    • Related Report
      2017 Research-status Report
    • Peer Reviewed
  • [Presentation] Non-cooperative foundations of the Shapley value: the Winter's demand commitment bargaining problem. An experimental implementation2019

    • Author(s)
      Michela Chessa, Nobuyuki Hanaki, Aymeric Lardon, Takashi Yamada
    • Organizer
      The 10th International Conference of the French Association of Experimental Economics (ASFEE)
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research

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Published: 2016-10-04   Modified: 2020-03-30  

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