Shinsuke Ikeda Bücher

Part I Intergenerational Interactions.- 1 An equilibrium model of child maltreatment (Akabayashi).-2 Tough Love and Intergenerational Altruism (Bhatt, Ogaki).- Part II Behavioral Macroeconomics.-3 Consumer interdependence via reference groups (Hayakawa, Venieris, Yiannis).- 4 Bounded rationality, social and cultural norms, and interdependence via reference groups (Hayakawa) .- 5 Keeping one step ahead of the Joneses: Status, the distribution of wealth, and long run growth (Futagami, Shibata, Akihisa).- 6 Macroeconomic implications of conspicuous consumption: A Sombartian dynamic model (Yamada).- 7 On Persistent Demand Shortages: A behavioural Approach (Ono, Ishida).-Part III Time Preference in Macroeconomics.- 8 Rate of Time Preference, Intertemporal Elasticity of Substitution, and Level of Wealth (Ogaki, Atkeson).- 9Economic development and time preference schedule: The Case of Japan and East Asian NICs(Ogawa).- 10 Luxury and Wealth (Ikeda, Shinsuke).- 11 On decreasing marginal impatience (Hirose, Ikeda).- Part IV Bubbles and Crash.- 12 Why Did the Nikkei Crash? Expanding the Scope of Expectation Data Collection (Shiller, Kon-Ya, Tsutsui).- 13 Price Bubbles Sans Dividend Anchors: Evidence from Laboratory Stock Markets (Hirota, Sunder, Shyam).- Part V Experimental Markets.- 14 Revenue Non-Equivalence between the English and the Second-Price Auctions: Experimental Evidence (Soo Hong, Nishimura).- 15 An experimental test of a committee search model(Hizen, Kawata, Sasaki).- 16 Equilibrium refinement vs. level-k analysis: An experimental study of cheap-talk games with private information (Kawagoe, Takizawa).-Part VI Behavioral Contract Theory.- 17 Moral Hazard and Other-Regarding Preferences(Itoh).- 18 Contracting with self-esteem concerns(Ishida).- 19 Optimal Promotion Policies with the Looking-Glass Effect(Ishida).-Part VII Market Efficiency and Anomalies.- 20 Is No News Good News? The Streaming News Effect on Investor Behavior Surrounding Analyst Stock Revision Announcement (Azuma, Okada, Hamuro).- 21 The Winner-Loser Effect in Japanese Stock Returns(Kato, Iihara, Tokunaga).- 22 Addition to the Nikkei 225 Index and Japanese market response: Temporary demand effect of index arbitrageurs(Okada, Isagawa, Fujiwara).- 23 The Calendar Structure of the Japanese Stock Market: The 'Sell in May Effect' versus the 'Dekansho-bushi Effect'( Sakakibara, Yamasaki, Okada).

This book is a collection of important contributions by Japanese researchers and their coauthors to present current advances in behavioral economics and finance, particularly in relation to decision making and human well-being. The topics covered in this volume include decision making under the conditions of inter-temporal choices, risk and social relations, happiness and the neuro-scientific/biological basis of behavior. The book includes works of research, both theoretical and empirical, on time discounting, time preferences, risk aversion, altruism, social status, happiness, addiction, limited attention and health and financial investments. The authors of the chapters add supplementary discussions to survey more recent advances on related topics or to provide detailed information that were abbreviated in the original publications. The addenda will enable readers to deepen their understanding of decision making and human well-being.