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2009年度 第2回 組織班ワークショップ

RIEBセミナー/実験経済学研究部会共催

日時
2009年5月21日(木) 15:00-
場所
神戸大学経済経営研究所・調査室
http://www.rieb.kobe-u.ac.jp/what/access-j.html

 

 

 

 

研究会にご参加頂けます方は、お手数ですがご氏名、ご所属、ご連絡先(メ-ルアドレス)を5月14日(木)までに組織班事務局(expss-kobe@rieb.kobe-u.ac.jp)までご連絡頂きたくよろしくお願い申し上げます。また研究会終了後懇親会を予定致しておりますので、こちらへのご出欠のお返事も併せて頂きたく、何卒よろしくお願い申し上げます。
 

報告概要
 

【15:00~】

Shyam Sunder (Professor, Yale University)

"Three Minimal Market Institutions: Theory and Experimental Evidence"

 

Abstract:

We define and examine the performance of three minimal strategic market games in laboratory relative to their theoretical predictions. These closed exchange economies have limited amounts of cash to facilitate transactions,  and include feedback unlike open or partial equilibrium settings of most experiments. Without a role for money or credit, and abstracting away from market mechanisms, general equilibrium theory makes no predictions about how paths of convergence to the CE may differ across alternative markets. Our laboratory data reveal different paths of convergence to CE, and different levels of allocative efficiency in the three settings. The results suggest that abstraction from institutional details may have been taken too far, and, for example, the oligopoly effect of feedback from buying an endowed good is missed. Inclusion of mechanism differences into theory may help us understand markets better.

 


【16:30~】
Ken-Ichi Shimomura(Professor, RIEB, Kobe University)
"A Discussion of Experiments of Markets for Design of Institutions"

 

Abstract:

I discuss the importance of comparison between theories of markets and data of laboratory experiments of markets for design of institutions. The effects on the whole economy of an economic policy are investigated by means of comparative statics.This methodology is justified by the stability of market equilibrium. Otherwise, no one can predict the effects by looking at the new equilibrium after change in a policy variable. Hence, the stability should be examined not only with theory but also with experiment.

以上、皆様のご参加をお待ち申し上げております。
 

 

大阪大学社会経済研究所 西條研究室 Tel:06-6879-8582 Mail:secsaijo@gmail.com