1995 Fiscal Year Final Research Report Summary
"Economic Information System" for preventing Instability and Disequilibrium
| Project/Area Number |
06630006
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| Research Category |
Grant-in-Aid for General Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Research Field |
経済理論
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| Research Institution | Chukyo University |
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Principal Investigator |
ONIKI Hajime Chukyo Univ., Economics, Professor, 経済学部, 教授 (40107107)
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| Project Period (FY) |
1994 – 1995
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| Keywords | Economic Information / Transactions Information / Uncertainty / Disequilibrium / Instability / Economic Information System / Risk |
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| Research Abstract |
The objective of this study was to consider the possibility of creating an "economic information system, " which collects economic information from individual economic agents and disseminates it to the general public in order to prevent economic instability or disequilibrium from taking place because of the lack of appropriate economic information.
We considered an outline of such economic information system, and described its functions, which is to collect transactions data by using on-line electronic systems and to process them for generating useful statistical information. We also considered problems which likely arise in constructing economic information system and public policies needed to overcome them. In particular, the possibility of introducing undersirable economic fluctuations by disseminating biased information (such as fluctuations caused by programd trades). One issue was how to reconcile the need for privacy (i.e., the need to hide information private to individual economic agents) and the need to use such information for the benefit of the entire economy.
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[Publications] "“Informatization in Japan and Its Impact on Economic Growth, "Chapter 11 of G. Wang(ed. ), Treading Different Paths : Informatization in Asian Nations. Paper presented at the Symposium on Asia s Experience in Informazation, Taipei, Taiwan, May 9-11, 1989" Ablex Publishing Corp., Norwood, New Jersey, U. S.,175-192 (1994)
Description
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