| Budget Amount *help |
¥3,510,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥510,000)
Fiscal Year 2010: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2009: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2008: ¥1,300,000 (Direct Cost: ¥1,300,000)
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| Research Abstract |
In this research project, we focus on the notion of Knigitian uncertainty that is clearly differentiated from the notion of risk, and we analyze effects of risk and Knightian uncertainty within the framework of real option. Our papers on international economics and environmental economics were published at international journals, respectively (Journal of Macroeconomics and Environmental and Resource Economics).
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