MEXT Joint Usage / Research Center
Research Center for Behavioral Economics

Behavioral economics is a new and emerging field of research which incorporates insights from various related disciplines, such as psychology, sociology and neuroscience, to provide solutions for economic and social problems that cannot be easily reconciled by the traditional branch of economics. In April 2004, ISER founded the Research Center for Behavioral Economics - the first of this kind in Japan - with the aim of becoming the research hub of behavioral economics. In June 2009, ISER was selected as the Joint Usage/Research Center for Behavioral Economics by Ministry of Education, Culture, Sports, Science and Technology (MEXT) and since then has played an integral role in bringing together researchers from all over the world and promoting active research collaboration in this field.


December 6, 2017 Sakai Ando (Columbia University) wins ISER / Moriguchi Prize Award 2017.
November 28, 2017 Exclusive Contracts with Complementary Inputs, Noriaki Matsushima (co-authored with Hiroshi Kitamura and Misato Sato) accepted for International Journal of Industrial Organization.
November 1, 2017 Professor Yongseung Jung (Kyung Hee University) is visiting us from November 1st, 2017 to February 28th, 2018.
October 1, 2017 Takayuki Tsuruga has joined us as Professor. Lianming Zhu has joined us as Assistant Professor.
October 1, 2017 Professor Chongwoo Choe (Monash University) is visiting us from October 1st, 2017 to November 30th, 2017.
September 7, 2017 Strategic Investments under Competition for Access Provision, Noriaki Matsushima (co-authored with Keizo Mizuno)accepted for publication in Telecommunications Policy.
August 30, 2017 Bargaining power and firm profits in asymmetric duopoly: An inverted-U relationship, Shohei Yoshida accepted for Journal of Economics.
August 29, 2017 Macroeconomic Interdependence between a Stagnant and a Fully Employed Country, Yoshiyasu Ono accepted for Japanese Economic Review.
August 17, 2017 Professor Wing SUEN (University of Hong Kong) is visiting us from August 17th, 2017 to October 15th, 2017.
August 1, 2017 Takehito Masuda has joined us as Assistant Professor.
July 5, 2017 Unilateral Technology Sharing among Competitors in Markets with Heterogeneous Consumers, Shohei Yoshida and Cong Pan accepted for The B.E. Journal of Economic Analysis & Policy.
June 27, 2017 Professor Takashi Yamagata (University of York / Osaka University, crossapointment) is visiting us from June 26th, 2017 to August 30th, 2017.
June 18, 2017 Pricing with cookies: Behavior-based price discrimination and spatial competition, Noriaki Matsushima (co-authored with Chongwoo Choe and Stephen P. King) accepted for publication in Management Science.

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Research Highlights

Title Author
2017.6 A Heteroskedasticity Robust Breusch-Pagan Test for Contemporaneous Correlation in Dynamic Panel Data Models (with Andreea Halunga, Chris D. Orme) Journal of Econometrics , 198(2), 209-230,2017.6 Takashi Yamagata
2017.6 Pricing with cookies: Behavior-based price discrimination and spatial competition (with Chongwoo Choe and Stephen P. King), Management Science, forthcoming Noriaki Matsushima
2017.6 Identification of Time and Risk Preferences in Buy Price Auctions (with D. Ackerberg and Q. Shahriar), Quantitative Economics Keisuke Hirano
2017.3 Forecasting with Model Uncertainty: Representations and Risk Reduction (with Jonathan H. Wright), Econometrica, vol.85(2), pp.617-643 Keisuke Hirano
2016.11 Local Incentive Compatibility with Transfers, (with Debasis Mishra , Souvik Roy), Games and Economic Behavior, Vol. 100 Anup Pramanik
2016.10 Rawlsian maximin rule operates as a common cognitive anchor in distributive justice and risky decisions (with Tatsuya Kameda, Satomi Higuchi, Akitoshi Ogawa, Hackjin Kim, Tetsuya Matsuda, and Masamichi Sakagami), Proceedings of the National Academy of Sciences, vol. 113 no. 42 Keigo Inukai

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Discussion Papers

List of Discussion Papers

Upcoming seminar



Bhaskar Dutta
(The University of Warwick)

Seminar Schedule