2007 Fiscal Year Final Research Report Summary
Engineering for Institutional Design : Building up a new field
| Project/Area Number |
16203012
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| Research Category |
Grant-in-Aid for Scientific Research (A)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Osaka University |
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Principal Investigator |
SAIJO Tatsuyoshi Osaka University, Institute of Social and Economic Research, Professor (20205628)
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| Co-Investigator(Kenkyū-buntansha) |
YAMATO Takehiko Tokyo Institute of Technology, 社会理工学研究科, Professor (90246778)
SERIZAWA Shigehiro Osaka University, Institute of Social and Economie Research, Professor (90252717)
AOYAGI Masaki Osaka University, Institute of Social and Economic Research, Professor (50314430)
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| Project Period (FY) |
2004 – 2007
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| Keywords | Engineering for Institutional Design / Secure Implementation / Nash / Pivotal Mechanism / Spiteful Behavior / Public Good / Nuerneconomics / Emergence of Cooneration |
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| Research Abstract |
Engineering for Institutional Design is intended to develop a new field that aims at designing "real" and "robust" mechanisms or institutions using theory, experiment and survey. We propose a new concept called Secure Implementation as a fundamental framework for institutional design. Theorists usually presume behavioral principles at their own discretion. However, we cannot predetermine the principles of human behaviors. For this reason, we allow them to behave and choose from Nash to dominant strategies. One of the most famous mechanisms in the provision of public good is the Pivotal mechanism that is not securely implementable. We use human subjects to check out the performance between secure and non-secure mechanisms and find that the performance of secure mechanisms are significantly better than the Pivotal mechanism's one.
Our "Are Japanese Spiteful?" project is to understand human behavior beyond the traditional selfish individual framework. When a public good is non-excludable, we prove that it is impossible to design a mechanism in which everyone has incentive to participate. We conduct experiments using Japanese, Chinese and American subjects and find that Japanese are spiteful in the following sense. Some Japanese subjects do not care about losing a little amount of payoff if it is possible that the other subjects lose quite a large amount of payoff. We name this as spiteful behavior. Furthermore, we find that human brain does not respond well to spiteful behavior, but respond quite well to altruistic behavior using fMRI. We also conjecture that spiteful behavior would be one of the fundamental human behaviors.
We also conduct survey of environmental consciousness using Shanghai people. We find that elder people care about environment relative to younger people. This finding is rather different from the previous literature. Furthermore, we identify the strategies when a game is repeated finitely from both theoretical and experimental methods.
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Research Products
(74 results)
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[Journal Article] Design Science: A Prelude2007
Author(s)
Tatsuyoshi Saijo
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Journal Title
Developments on Experimental Economics: New Approaches to Solving Real-World Problems 590
Pages: 119-127
Description
「研究成果報告書概要(和文)」より
Peer Reviewed
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[Journal Article] Secure implementation2005
Author(s)
Saijo, T., Sjostrom, T., Yamato, T
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Journal Title
Economics Working Paper, School of Social Science, Institute for Advanced Studies 56
Description
「研究成果報告書概要(欧文)」より
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[Book] 日本経済新聞社2006
Author(s)
西條辰義
Total Pages
235
Publisher
地球温暖化対策 排出権取引の制度設計
Description
「研究成果報告書概要(和文)」より
