Market trade under uncertainty and inductive game theory : Role of Experience and cognition
Project/Area Number |
21730151
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Single-year Grants |
Research Field |
Economic theory
|
Research Institution | University of Tsukuba |
Principal Investigator |
ISHIKAWA Ryuichiro University of Tsukuba, 大学院・システム情報工学研究科, 講師 (80345454)
|
Project Period (FY) |
2009 – 2010
|
Project Status |
Completed (Fiscal Year 2010)
|
Budget Amount *help |
¥3,510,000 (Direct Cost: ¥2,700,000、Indirect Cost: ¥810,000)
Fiscal Year 2010: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2009: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
|
Keywords | ゲーム理論 / 高次信念 / 不確実性 / 準オプション価値 / 不可逆性 / 相互依存 / 社会的計画者 / 非対称情報 / 情報の価値 / 市場均衡理論 / 合理的期待均衡 / 高次期待 / 資産価格 / 美人投票 |
Research Abstract |
This project analyzes market trade under uncertainty by focusing "private information" and "higher order beliefs." I analyze how acquisition of private information gives impacts to traders' higher order beliefs and asset prices. In addition, I theoretically show how the difference of economic welfare by how a policy maker understands traders' payoffs.
|
Report
(3 results)
Research Products
(16 results)