Study on the mechanism of community currency circulation considering internal rules of local residents

2016 Fiscal Year Final Research Report

• Project/Area Number: 25750122
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Social systems engineering/Safety system
• Research Institution: Japan Advanced Institute of Science and Technology
• Principal Investigator: KOBAYASHI SHIGETO 北陸先端科学技術大学院大学, 先端科学技術研究科, 助教 (20610059)
• Project Period (FY): 2013-04-01 – 2017-03-31
• Keywords: 地域通貨 / フィードバックループ / 制度設計 / 内部ルール / ミクロ・メゾ・マクロ・ループ / 流通ネットワーク / ゲーミング / マルチエージェントシミュレーション

Outline of Final Research Achievements

We studied the mechanism of community currency circulation including internal rules by combining two different methods: gaming and multi-agent simulation. Our gaming results confirm that the introduction of a community currency causes changes in buying behavior and value consciousness. Such changes include a stronger attachment to local community and greater mutual cooperation. We show that the circulation mechanism is a feedback loop that consists of value consciousness, paid volunteers, and the community currency. This mechanism promotes purchasing in the local community. Our finding suggests the importance of community currency policy that affects people’s internal rules.

Free Research Field

進化経済学，複雑系科学