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Experimental Analysis of the price formation and the market character

Research Project

Project/Area Number 22530191
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic theory
Research InstitutionKinki University

Principal Investigator

TANIGUCHI Kazuhisa  近畿大学, 経済学部, 教授 (80268242)

Co-Investigator(Kenkyū-buntansha) NAKAJIMA Yoshihiro  大阪市立大学, 経済学研究科(研究院), 教授 (40336798)
Co-Investigator(Renkei-kenkyūsha) KITA Hajime  京都大学, 学術情報メディアセンター, 教授 (20195241)
ONO Isao  東京工業大学, 総合理工学研究科(研究院), 准教授 (00304551)
MORI Naoki  大阪府立大学, 工学研究科(研究院), 准教授 (90295717)
Project Period (FY) 2010 – 2012
Project Status Completed (Fiscal Year 2012)
Budget Amount *help
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2011: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Keywordsザラバ市場 / 競売買 / 人工市場 / 市場過程論 / U-Mart システム / 進化経済学 / 価格形成 / 市場特性 / U-Martシステム / 実験経済学 / 板寄せ市場 / ダブル・オークション
Research Abstract

Even if the buy or sell order prices are the same, the different executed prices are found in a certain market. This study shows the process of the market prices transformation which means the order prices are how to realize executed prices by using the artificial market experiments. The executed prices affect the trader's psychological conditions and the performance of whole market is changed as a result, and the diversities of market trades are also important factor in order to activate the market trades.

Report

(4 results)
  • 2012 Annual Research Report   Final Research Report ( PDF )
  • 2011 Annual Research Report
  • 2010 Annual Research Report
  • Research Products

    (22 results)

All 2013 2012 2011 2010 Other

All Journal Article (2 results) Presentation (15 results) Book (2 results) Remarks (3 results)

  • [Journal Article] 価格と価格情報の伝搬 -人工市場実験による市場過程の観察-2012

    • Author(s)
      谷口和久
    • Journal Title

      進化経済学会

      Volume: 第16集 Pages: 799-812

    • Related Report
      2012 Final Research Report
  • [Journal Article] 人工市場実験から見える市場の働き - 需給一致の後に何が残るのか- (進化経済学会)2011

    • Author(s)
      谷口和久
    • Journal Title

      進化経済学論集

      Volume: 第15集 Pages: 925-41

    • Related Report
      2012 Final Research Report
  • [Presentation] 「小さな進化と大きな進化2013

    • Author(s)
      谷口和久
    • Organizer
      第17回進化経済学会
    • Place of Presentation
      中央大学
    • Related Report
      2012 Final Research Report
  • [Presentation] U-Mart実験におけるヒューマン行動と市場特性の分析2012

    • Author(s)
      谷口和久
    • Organizer
      第16回進化経済学会
    • Place of Presentation
      摂南大学,大阪
    • Year and Date
      2012-03-18
    • Related Report
      2011 Annual Research Report
  • [Presentation] Price, Price Formation and Transmittance of Price Information2012

    • Author(s)
      Kazuhisa Taniguchi
    • Organizer
      The 16th Annual Conference of the European Society for the History of Economic Thought
    • Place of Presentation
      Saint Petersburg State University, Saint Petersburg, Russia
    • Related Report
      2012 Annual Research Report 2012 Final Research Report
  • [Presentation] U-Mart 実験におけるヒューマン行動と市場特性の分析2012

    • Author(s)
      谷口和久
    • Organizer
      第16回進化経済学会
    • Place of Presentation
      摂南大学
    • Related Report
      2012 Final Research Report
  • [Presentation] What would remain after the equality between demand and supply has been established?-Artificial Market Experiments with the U-Mart System and the Austrian View of the Market Process-2011

    • Author(s)
      Kazuhisa Taniguchi
    • Organizer
      The 15th Annual Conference of the European Society for the History of Economic Thought
    • Place of Presentation
      Bogazici University, Istanbul, Turkey
    • Year and Date
      2011-05-19
    • Related Report
      2011 Annual Research Report
  • [Presentation] 人工市場実験から見える市場の働き-需給の一致の後に何が残るのか-2011

    • Author(s)
      谷口和久
    • Organizer
      進化経済学会
    • Place of Presentation
      名古屋大学
    • Year and Date
      2011-03-20
    • Related Report
      2010 Annual Research Report
  • [Presentation] 価格と価格情報の伝搬-人工市場実験による市場過程の観察-2011

    • Author(s)
      谷口和久
    • Organizer
      第16回進化経済学会
    • Place of Presentation
      摂南大学,大阪
    • Year and Date
      2011-03-17
    • Related Report
      2011 Annual Research Report
  • [Presentation] A Microscopic Price Determination Process by Artificial Market Experiments with the U-Mart System2011

    • Author(s)
      Kazuhisa Taniguchi
    • Organizer
      The Society of Instrument and Control Engineers, Annual Conference 2011
    • Place of Presentation
      Waseda University, Tokyo
    • Related Report
      2012 Final Research Report 2011 Annual Research Report
  • [Presentation] What would remain after the equality between demand and supply has been established? - Artificial Market Experiments with the U-Mart System and the Austrian View of the Market Process -2011

    • Author(s)
      Kazuhisa Taniguchi
    • Organizer
      The 15th Annual Conference of the European Society for the History of Economic Thought
    • Place of Presentation
      Bogazici University, Istanbul, Turkey
    • Related Report
      2012 Final Research Report
  • [Presentation] Development of an Artificial Market System for Analysis of Institutional Issues in Financial Markets2010

    • Author(s)
      Yoshihito Akimoto, Naoki Mori, Isao Ono, Yoshihiro Nakajima, Hiroshi Sato, Hiroyuki Matsui, Hajime Kita, Keisuke Matsui
    • Organizer
      SCIS&ISIS2010
    • Place of Presentation
      Okayama Convention Center
    • Year and Date
      2010-12-09
    • Related Report
      2012 Final Research Report 2010 Annual Research Report
  • [Presentation] ザラバを考慮したU-Mart システムversion3.0 におけるエージェント開発2010

    • Author(s)
      秋元圭人、森直樹、松本啓之
    • Organizer
      システム・情報部門学術講演会
    • Place of Presentation
      キャンパスプラザ京都
    • Year and Date
      2010-11-26
    • Related Report
      2012 Final Research Report
  • [Presentation] ザラバを考慮したU-Martシステムversion3.0におけるエージェント開発2010

    • Author(s)
      秋元圭人, 森直樹, 松本啓之亮
    • Organizer
      システム・情報部門学術講演会
    • Place of Presentation
      キャンパスプラザ京都
    • Year and Date
      2010-11-26
    • Related Report
      2010 Annual Research Report
  • [Presentation] U-Martシステムversion3.0 におけるザラバを考慮したエージェントの開発2010

    • Author(s)
      秋元圭人、森直樹、松本啓之
    • Organizer
      第54回システム制御情報学会研究発表講演会
    • Place of Presentation
      京都リサーチパーク
    • Year and Date
      2010-05-20
    • Related Report
      2012 Final Research Report
  • [Presentation] U-Martシステムversion3.0におけるザラバを考慮したエージェントの開発2010

    • Author(s)
      秋元圭人, 森直樹, 松本啓之
    • Organizer
      第54回システム制御情報学会研究発表講演会
    • Place of Presentation
      京都リサーチパーク
    • Year and Date
      2010-05-20
    • Related Report
      2010 Annual Research Report
  • [Presentation] 小さな進化と大きな進化

    • Author(s)
      谷口和久
    • Organizer
      第17回進化経済学会
    • Place of Presentation
      中央大学(東京都)
    • Related Report
      2012 Annual Research Report
  • [Book] 『生産と市場の進化経済学』2011

    • Author(s)
      谷口和久
    • Total Pages
      188
    • Publisher
      共立出版
    • Related Report
      2012 Final Research Report
  • [Book] 生産と市場の進化経済学2011

    • Author(s)
      谷口和久
    • Total Pages
      195
    • Publisher
      共立出版
    • Related Report
      2011 Annual Research Report
  • [Remarks]

    • URL

      http://www.eco.kindai.ac.jp/tani/index.html

    • Related Report
      2012 Final Research Report
  • [Remarks]

    • URL

      http://www.eco.kindai.ac.jp/tani/index.html

    • Related Report
      2011 Annual Research Report
  • [Remarks]

    • URL

      http://www.eco.kindai.ac.jp/tani/index.html

    • Related Report
      2010 Annual Research Report

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Published: 2010-08-23   Modified: 2019-07-29  

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