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Towards optimal design of institutions which stimulate innovation

Research Project

Project/Area Number 19H01468
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Review Section Basic Section 07010:Economic theory-related
Research InstitutionOsaka University

Principal Investigator

Ishida Junichiro  大阪大学, 社会経済研究所, 教授 (40324222)

Co-Investigator(Kenkyū-buntansha) 陳 珈惠  京都大学, 経済研究所, 准教授 (20768238)
中村 友哉  明治学院大学, 経済学部, 教授 (70706928)
犬飼 佳吾  明治学院大学, 経済学部, 准教授 (80706945)
Project Period (FY) 2019-04-01 – 2023-03-31
Project Status Completed (Fiscal Year 2022)
Budget Amount *help
¥16,640,000 (Direct Cost: ¥12,800,000、Indirect Cost: ¥3,840,000)
Fiscal Year 2022: ¥3,900,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥900,000)
Fiscal Year 2021: ¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2020: ¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2019: ¥4,680,000 (Direct Cost: ¥3,600,000、Indirect Cost: ¥1,080,000)
Keywordsバンディット問題 / イノベーション / 知識探索 / 評判形成 / シグナリング / 制度設計 / 単一交差性条件 / 戦略的試行 / 経済実験
Outline of Research at the Start

本研究は,知識の探索と活用のトレードオフを個人レベルで明示的に記述し分析することで,イノベーション創出の内部構造への包括的な理解を得ることを目的とする.理論的には,戦略的試行モデル(strategic experimentation)の枠組みを「組織」と「市場」という二つの観点から拡張することで,組織における権限構造やリーダーの特性,そして市場環境における競争の程度や報酬の分布といった制度的要因が知識探索のインセンティブに与える影響を分析する.また,知識探索活動における理論予測のパフォーマンスを実験的手法により検証することで,イノベーションを創出する望ましい制度のあり方について検討する.

Outline of Final Research Achievements

In this project, we examined how external factors such as reputation concerns and the extent of market competition affect incentives to explore new ideas and consequently innovation outcomes, by extending the theoretical framework of strategic experimentation. In the process of this research, we also found that the analytical environment of reputation formation under dynamic learning often violates the single-crossing property. To overcome this issue, we developed a new analytical framework that can be applied to this environment, identified conditions that make the analysis tractable, and obtained a full characterization of equilibria under the identified set of conditions.

Academic Significance and Societal Importance of the Research Achievements

単一交差性条件が成立しない環境でのシグナリング行動については,これまでインセンティブ構造や均衡の性質を含めてその理論構造についてはほとんど何もわかっておらず,知識探索過程のような複雑な環境における評判形成インセンティブの分析を行う上での大きな障害となっていた.本研究で開発した分析手法は,こうした問題を含む幅広い環境に応用が可能であり,イノベーションにおける評判形成インセンティブの役割のみならず,これまで十分な分析が行われなかった数多くの社会問題について新しい知見を提示できるものと考える.

Report

(5 results)
  • 2022 Annual Research Report   Final Research Report ( PDF )
  • 2021 Annual Research Report
  • 2020 Annual Research Report
  • 2019 Annual Research Report
  • Research Products

    (29 results)

All 2023 2022 2021 2020 2019 Other

All Int'l Joint Research (14 results) Journal Article (9 results) (of which Int'l Joint Research: 3 results,  Peer Reviewed: 9 results,  Open Access: 2 results) Presentation (5 results) (of which Invited: 2 results) Book (1 results)

  • [Int'l Joint Research] ライス大学(米国)

    • Related Report
      2022 Annual Research Report
  • [Int'l Joint Research] 香港大学(その他の国・地域 香港)

    • Related Report
      2022 Annual Research Report
  • [Int'l Joint Research] 中央研究院(その他の国・地域 台湾)

    • Related Report
      2022 Annual Research Report
  • [Int'l Joint Research] ノッティンガム大学(英国)

    • Related Report
      2022 Annual Research Report
  • [Int'l Joint Research] ライス大学(米国)

    • Related Report
      2021 Annual Research Report
  • [Int'l Joint Research] 香港大学(その他の国・地域 香港)

    • Related Report
      2021 Annual Research Report
  • [Int'l Joint Research] 中央研究院(その他の国・地域 台湾)

    • Related Report
      2021 Annual Research Report
  • [Int'l Joint Research] ノッティンガム大学(英国)

    • Related Report
      2021 Annual Research Report
  • [Int'l Joint Research] ライス大学(米国)

    • Related Report
      2020 Annual Research Report
  • [Int'l Joint Research] 香港大学(その他の国・地域 香港)

    • Related Report
      2020 Annual Research Report
  • [Int'l Joint Research] 中央研究院(その他の国・地域 台湾)

    • Related Report
      2020 Annual Research Report
  • [Int'l Joint Research] ライス大学(米国)

    • Related Report
      2019 Annual Research Report
  • [Int'l Joint Research] 香港大学(その他の国・地域 香港)

    • Related Report
      2019 Annual Research Report
  • [Int'l Joint Research] 中央研究院(その他の国・地域 台湾)

    • Related Report
      2019 Annual Research Report
  • [Journal Article] Pioneer, early follower or late entrant: Entry dynamics with learning and market competition2023

    • Author(s)
      Chen Chia-Hui、Ishida Junichiro、Mukherjee Arijit
    • Journal Title

      European Economic Review

      Volume: 152 Pages: 104360-104360

    • DOI

      10.1016/j.euroecorev.2022.104360

    • Related Report
      2022 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] How Haptics Induce Social Behavior: An Exploratory Study of Public Goods Games with Tactile Sharing on the Internet Using a Behavioral Economics Approach2022

    • Author(s)
      Daisuke Takeuchi, Keigo Inukai, Masaki Suyama, Nao Manabe, Taku Tanichi, Yoshihiro Tanaka, Junji Watanabe, Aiko Murata, Kouta Minamizawa
    • Journal Title

      2022 IEEE Haptics Symposium

      Volume: - Pages: 1-6

    • DOI

      10.1109/haptics52432.2022.9765600

    • Related Report
      2022 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Comparing behavior between a large sample of smart students and Japanese adults2022

    • Author(s)
      Hanaki Nobuyuki、Inukai Keigo、Masuda Takehito、Shimodaira Yuta
    • Journal Title

      The Japanese Economic Review

      Volume: 25 Issue: 1 Pages: 1-39

    • DOI

      10.1007/s42973-022-00123-0

    • Related Report
      2022 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Signaling under Double-Crossing Preferences2021

    • Author(s)
      Chia-Hui Chen,Junichiro Ishida,Wing Suen
    • Journal Title

      Econometrica

      Volume: forthcoming Issue: 3 Pages: 1225-1260

    • DOI

      10.3982/ecta19210

    • NAID

      40022502420

    • Related Report
      2021 Annual Research Report 2020 Annual Research Report 2019 Annual Research Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Endogenous information acquisition and the partial announcement policy2021

    • Author(s)
      Arato Hiroki、Hori Takeo、Nakamura Tomoya
    • Journal Title

      Information Economics and Policy

      Volume: 55 Pages: 1-13

    • DOI

      10.1016/j.infoecopol.2020.100898

    • NAID

      40022346041

    • Related Report
      2021 Annual Research Report
    • Peer Reviewed
  • [Journal Article] A War of Attrition with Experimenting Players2021

    • Author(s)
      Chia-Hui Chen, Junichiro Ishida
    • Journal Title

      Journal of Industrial Economics

      Volume: 69 Issue: 2 Pages: 239-269

    • DOI

      10.1111/joie.12250

    • NAID

      40022347146

    • Related Report
      2020 Annual Research Report 2019 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Reputation Concerns in Risky Experimentation2021

    • Author(s)
      Chia-Hui Chen, Junichiro Ishida, Wing Suen
    • Journal Title

      Journal of the European Economic Association

      Volume: 19 Issue: 4 Pages: 1981-2021

    • DOI

      10.1093/jeea/jvaa046

    • NAID

      40022347367

    • Related Report
      2020 Annual Research Report 2019 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Pre‐emptive production and market competitiveness in oligopoly with private information2020

    • Author(s)
      Amemiya Yuki、Ishihara Akifumi、Nakamura Tomoya
    • Journal Title

      Journal of Economics & Management Strategy

      Volume: 30 Issue: 2 Pages: 449-455

    • DOI

      10.1111/jems.12410

    • Related Report
      2021 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Cheap Talk when the Receiver Has Uncertain Information Sources2019

    • Author(s)
      Jun-Ichiro Ishida and Takashi Shimizu
    • Journal Title

      Economic Theory

      Volume: 印刷中 Issue: 2 Pages: 303-334

    • DOI

      10.1007/s00199-018-1123-y

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed
  • [Presentation] Social Learning and Strategic Pricing with Rating Systems2023

    • Author(s)
      Junichiro Ishida
    • Organizer
      ゲーム理論ワークショップ
    • Related Report
      2022 Annual Research Report
    • Invited
  • [Presentation] Signaling under Double-Crossing Preferences2021

    • Author(s)
      Junichiro Ishida
    • Organizer
      8th Annual Communication Theory Workshop
    • Related Report
      2021 Annual Research Report
    • Invited
  • [Presentation] Signaling under Double-Crossing Preferences2020

    • Author(s)
      Junichiro Ishida
    • Organizer
      IV Spain-Osaka Workshop on Economic Theory
    • Related Report
      2020 Annual Research Report 2019 Annual Research Report
  • [Presentation] An Entry Game with Learning and Market Competition2019

    • Author(s)
      Junichiro Ishida
    • Organizer
      Oxford-Osaka Economic Theory Workshop
    • Related Report
      2019 Annual Research Report
  • [Presentation] Reputation Concerns in Risky Experimentation2019

    • Author(s)
      Junichiro Ishida
    • Organizer
      III Spain-Osaka Workshop on Economic Theory
    • Related Report
      2019 Annual Research Report
  • [Book] 情報とインセンティブの経済学2020

    • Author(s)
      石田潤一郎,玉田康成
    • Total Pages
      292
    • Publisher
      有斐閣
    • ISBN
      9784641150720
    • Related Report
      2020 Annual Research Report 2019 Annual Research Report

URL: 

Published: 2019-04-18   Modified: 2024-01-30  

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