2003 Fiscal Year Final Research Report Summary
The strategy design to the recycling market based on the market microstructure theory
| Project/Area Number |
13480115
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| Research Category |
Grant-in-Aid for Scientific Research (B)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
社会システム工学
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| Research Institution | Kyoto Sangyo University |
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Principal Investigator |
ODA Hidenori ODA,Hidenori, 経済学部, 教授 (40224240)
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| Co-Investigator(Kenkyū-buntansha) |
IIDA Yoshio IIDA,Yoshio, 経済学部, 助教授 (50273727)
UEDA Kanji The University of Tokyo, RACE, Professor, 人工物工学研究センター, 教授 (50031133)
YASUGI Marika YASUGI,Marika, 理学部, 教授 (90022277)
AKIYAMA Eizo University of Tsukuba, The Institute of Policy and Planning Sciences, Instructor, 社会工学系, 講師 (40317300)
MIYOSHI Hiroyuki MIYOSHI,Hiroyuki, 理学部, 助教授 (60286135)
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| Project Period (FY) |
2001 – 2003
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| Keywords | The market Microstructure Theory / Experimental Economics / Computational Economics / Social Engineering / Recycling / Life-Cycle Management / The Law for Recycling / Manufacturing Systems |
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| Research Abstract |
This project aims at designing an economically feasible recycling system for durable and non-durable products. Available recycling techniques are actually used only if firms find it profitable. Hence we have used the market micro-structure theory for formulating recycling system, whose performance and robustness we have checked, by a series of experiments with human subjects and computer agents. A theoretical finding is that producers can earn under the recently introduced Recycling Low of Home Equipments by recycling their products or extending the life of their products, while simulations suggest that the theoretically most efficient recycling system can be too reactive to traders not-perfectly-rational behavior to keep its high performance.
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