Role of higher order beliefs in decision making: Inductive approach
Project/Area Number |
23730184
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Multi-year Fund |
Research Field |
Economic theory
|
Research Institution | University of Tsukuba |
Principal Investigator |
|
Project Period (FY) |
2011 – 2013
|
Project Status |
Completed (Fiscal Year 2013)
|
Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2011: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
|
Keywords | ゲーム理論 / 実験経済学 / バブル / 資産取引実験 / 情報経済学 / 国際研究者交流・フランス / 経験 / 先入観 / 帰納的ゲーム理論 / 信念改訂理論 / 情報開示 / 不可逆性 / 情報の価値 / オプション価値 |
Research Abstract |
The productions of this project are classified into either theoretical ones and experimental economic ones. In theoretical productions, we propose a framework of dynamic logic for inductive game theory. In addition, we study how the difference of information decision makers obtain makes an impact on decision making and how the social welfare varies. In experimental economic productions, we study how subjects expect asset prices through their experiences and cognitive abilities. This is an application of the theoretical products for experimental asset markets. As a result, we found the subjects who get higher score in a cognitive ability test make a greater impact on strategic uncertainty.
|
Report
(4 results)
Research Products
(42 results)