Why the firm's values are different between markets?-an experimental analysis on demand reduction-

2014 Fiscal Year Final Research Report

• Project/Area Number: 23530399
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Public finance/Monetary economics
• Research Institution: Yonezawa women's junior college
• Principal Investigator: SUZUKI Kumi 山形県立米沢女子短期大学, その他部局等, 准教授 (80386523)
• Co-Investigator(Kenkyū-buntansha): UDAGAWA Daisuke (60434221)
• Project Period (FY): 2011-04-28 – 2015-03-31
• Keywords: 実験経済学 / 証券市場 / 株式市場 / オークション理論

Outline of Final Research Achievements

Although running a firm is more effective than buying its asset, a firm is sometime sold. We study the reason with experimental economics. A firm's value in the equity market and in the asset market differs, so that some firms are sold. Because of demand reduction, the difference of the firm’s value exists. We observed this phenomenon in our laboratory.

Free Research Field

金融論