Perspective
This project will address the following three issues, based on a comprehensive view of social sciences and while borrowing the two analytical viewpoints of normative and empirical economics: (1) Solving various questions (paradoxes, dilemmas) lurking beneath the surface of universal/general legal, economic, and political systems; (2) Devising new legal, economic, and political systems (principles, mechanisms, rules, and norms) taking clues from theory, history, surveys and concepts; (3) Providing academic support of practical knowledge, from global and local interdisciplinary points of view. More specific objectives are to search for the places where problems arise in real society, deriving clues from social choice theory, game theory, mechanism design, mathematical-statistical theory, labor economics, comparative economic history, public policy, philosophy of law, and other areas of specialized knowledge in order to extract concepts and ideas toward finding solutions, and to attempt an operational formulation of them.
 Project Leader | Project Members
|
Research Collaborators
| Prof. Akira Okada | Professor Emeritus, Hitotsubashi University |
|---|---|
| Prof. Reiko Gotoh | Faculty of Economics, Teikyo University / Professor Emeritus, Hitotsubashi University |
| Prof. Naoki Yoshihara | Department of Economics, University of Massachusetts Amherst |
| Associate Prof. Takashi Kunimoto | School of Economics, Singapore Management University |
| Assistant Prof. Ryo Kambayashi | Faculty of Economics, Musashi University |
Goals and Expected Outcome in FY2023
The members are divided into “microeconomic theory group” and the “normative analysis group” according to the research areas of their expertise, and each group develops research at the frontier of their respective fields. Two groups collaborate to promote interdisciplinary research and share research results widely through mutual participation in the Hitotsubashi Summer Institute, workshops and research meetings. This year, the microeconomic theory group will focus on “mechanism design and information design” and the normative analysis group will focus on “formulation of Sen’s capability approach from theoretical and empirical perspectives.” Related international workshops and symposia are planned, as well as the publication of papers.
Research Outcome
Refer to the Japanese page