Utility theory based on human nature and its implications to economics
| Project/Area Number |
23653055
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic theory
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| Research Institution | Meikai University |
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Principal Investigator |
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| Research Collaborator |
GOLDSTEIN Josh University of California Berkeley
KUHN Michael Vienna Institute of Demography
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| Project Period (FY) |
2011 – 2013
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| Project Status |
Completed (Fiscal Year 2013)
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| Budget Amount *help |
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2012: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2011: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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| Keywords | 選好 / 幸福度 / 効用 / 進化生物学 / 時間選好率 / 相対的効用 / 行動経済学 / バイオエコノミックス / Time Preference / Value of Life / Relative Concerns / Happiness / Bioeconomics / Preferences / Utility / 国際研究者交流、オーストリア / Natural Selection / 国際研究者交流 / オーストリア / Preference |
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| Research Abstract |
This study provides biological foundations of human tendencies to discount future and to care about social status, and demonstrates that, incorporating these tendencies into economic models, we can explain demographic and economic phenomena such as the modern fertility transition. Then, focusing on similarities in biological and economic models, this study presents an economic framework that is consistent with the biological framework. These results indicate that we can rebuild utility theory using the biological framework.
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Report
(4 results)
Research Products
(26 results)
