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Research on Neuroeconomics and Behavioral Economics

Research Project

Project/Area Number 25885019
Research Category

Grant-in-Aid for Research Activity Start-up

Allocation TypeSingle-year Grants
Research Field Economic theory
Research InstitutionHitotsubashi University (2014-2015)
The University of Tokyo (2013)

Principal Investigator

KAYABA Yutaka  一橋大学, 社会科学高等研究院, 特任講師 (00708612)

Project Period (FY) 2013-08-30 – 2016-03-31
Project Status Completed (Fiscal Year 2015)
Budget Amount *help
¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000)
Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Keywords行動経済学 / 神経経済学
Outline of Final Research Achievements

This project investigates the following two issues on behavioral economic implications of neuroeconomic data. (1) I developed a behavioral decision making model to predict a future price movement when an extreme price change occurs in a financial market. With fMRI data, the model demonstrates that the human brain activity in the fMRI data differs between the situations where the extreme change occurs due to a fundamental change of the financial instrument, and where that occurs due to merely a noise. (2) I performed a field experiment to investigate how a salesperson behaves differently facing with a larger, performance-contingent reward in a real-world setting. I recorded physiological data (heart rate and tone of voice) during the experiment to obtain proxies for her stress. Detailed analysis is currently being processed.

Report

(3 results)
  • 2015 Final Research Report ( PDF )
  • 2014 Annual Research Report
  • 2013 Annual Research Report
  • Research Products

    (1 results)

All 2013

All Presentation (1 results)

  • [Presentation] Neural Control of Sensory Signals to Outliers in the Human Brain2013

    • Author(s)
      Bossearts, Peter
    • Organizer
      Society for Neuroeconomics
    • Place of Presentation
      ローザンヌ(スイス)
    • Year and Date
      2013-09-27 – 2013-09-29
    • Related Report
      2013 Annual Research Report

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Published: 2013-09-12   Modified: 2017-05-10  

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