2016 Fiscal Year Final Research Report
Theory and Practice in Mechanism Design: Intermediation and Dynamics
Project/Area Number |
25285059
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Research Category |
Grant-in-Aid for Scientific Research (B)
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Allocation Type | Partial Multi-year Fund |
Section | 一般 |
Research Field |
Economic theory
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Research Institution | The University of Tokyo |
Principal Investigator |
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Project Period (FY) |
2013-04-01 – 2016-03-31
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Keywords | Game Theory / Mechanism Design / Informational Economics / Experimental Economics |
Outline of Final Research Achievements |
It is a well-accepted view that the economic transaction becomes quite complicated in the society of today. To overcome this complexity, it is the central theme of microeconomics to develop new methods to design transaction mechanisms in theory and in practice. In particular, it is quite important to take into account the dynamic aspect of economic activities over time and the role of intermediary businesses. Based on this motivation, our research project explored the new approach to design dynamic mechanisms in the literature of auction in general, and also made various researches related to the issues of intermadiation and dynamics in theory and experiments.
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Free Research Field |
Game Theory
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