2021 Fiscal Year Annual Research Report
Evolution, misspecification and equilibrium
| Project/Area Number |
21H00695
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| Research Institution | Kyoto University |
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Principal Investigator |
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| Project Period (FY) |
2021-04-01 – 2024-03-31
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| Keywords | Misspecification / Evolution |
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| Outline of Annual Research Achievements |
Progress was made on studying the weaknesses in existing approaches to equilibrium in misspecified models. A framework was created that allowed existing work to be categorized and analyzed with respect to the Pareto frontier. A draft paper was assembled and presented at various venues. Input was sought and obtained from various external researchers. Accordingly the draft was amended and prepared for potential publication in an academic journal. It is now submitted to a journal. Meanwhile, progress continues to be made on related questions in the literature. Attention has been garnered from those working in the literature. Experimental approaches to applying the ideas on which I have been working are coming together and, together with coauthors, we should be ready soon to carry out experimental investigations in this topic.
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| Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
Progress has been going well. Due to the loosening of coronavirus restrictions, travel has once again become possible with a reasonable amount of trouble. Of course, there are still considerable barriers, such as increased air fares due to the war in Ukraine and decreased demand in the market from the Japanese side. However, working within these parameters, thinks are much better than they were.
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| Strategy for Future Research Activity |
The plan is to make progress simultaneously with both experimental projects as well as the theoretical aspects. Parallel papers are taking shape and should hopefully be ready for submission by the end of the final year of the project.
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