Why the firm's values are different between markets?-an experimental analysis on demand reduction-

Research Project

Project/Area Number	23530399
Research Category	Grant-in-Aid for Scientific Research (C)
Allocation Type	Multi-year Fund
Section	一般
Research Field	Public finance/Monetary economics
Research Institution	Yonezawa women's junior college
Principal Investigator	SUZUKI Kumi 山形県立米沢女子短期大学, その他部局等, 准教授 (80386523)
Co-Investigator(Kenkyū-buntansha)	UDAGAWA Daisuke 苫小牧駒澤大学, 国際文化学部, 講師 (60434221)
Project Period (FY)	2011-04-28 – 2015-03-31
Project Status	Completed (Fiscal Year 2014)
Budget Amount *help	¥4,940,000 (Direct Cost: ¥3,800,000、Indirect Cost: ¥1,140,000) Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000) Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000) Fiscal Year 2012: ¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000) Fiscal Year 2011: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Keywords	実験経済学 / 証券市場 / 株式市場 / オークション理論 / 需要削減 / 金融論
Outline of Final Research Achievements	Although running a firm is more effective than buying its asset, a firm is sometime sold. We study the reason with experimental economics. A firm's value in the equity market and in the asset market differs, so that some firms are sold. Because of demand reduction, the difference of the firm’s value exists. We observed this phenomenon in our laboratory.

Report

(5 results)