Discussion Paper Series

From School of Economics, Kwansei Gakuin University
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106: Optimal Term Length for an Overconfident Central Banker

Etienne Farvaque and Norimichi Matsueda

105: The Expansion of the Commercial Sector and the Child Quantity-Quality Transition in a Malthusian World

Ken Tabata

104: Rising Longevity, Human Capital and Fertility in Overlapping Generations Version of an R&D-based Growth Model

Ken-ichi Hashimoto and Ken Tabata

103: Task Assignment under Agent Loss Aversion

Kohei Daido, Kimiyuki Morita, Takeshi Murooka and Hiromasa Ogawa

102: Central Bank Financial Strength and Credibility: A Simple Dynamic Optimization Model

Atsushi Tanaka

101: Survival and Distinct Exit Routes of New Firms

Masatoshi Kato and Yuji Honjo

100: The Economics of Cannibalization: A Duopoly in which Firms Supply Two Vertically Differentiated Products

Ryoma Kitamura and Tetsuya Shinkai

099: A trade and domestic tax reform in imperfectly competitive markets

Kenji Fujiwara and Ryoma Kitamura

098: Asymmetric welfare implication between a small number of leaders and a small number of followers in Stackelberg models

Hiroaki Ino and Toshihiro Matsumura

97: Capital and Credibility of the Bank of Japan: A Perspective(in Japanese)

Atsushi Tanaka

96: Why did the Dutch East India Co. outperform the British East India Co.? —A theoretical explanation based on the objective of the firm and limited liability—

Tetsuya Shinkai, Takao Ohkawa, Makoto Okamura and Kozo Harimaya

95: Strategic product R&D investment policy under international rivalry in the presence of demand spillover effects

Tsuyoshi Toshimitsu

94: Sales-Maximization vs. Profit-Maximization: Managerial Behavior at Japanese Regional Banks 1980-2009

Kozo Harimaya, Takao Ohkawa, Makoto Okamura and Tetsuya Shinkai

93: Public Infrastructures, Production Organizations, and Economic Development

Kohei Daido and Ken Tabata

92: Henry George Theorem in a Dynamic Framework without Accumulation of Public Goods

Masamichi Kawano

91: Endogenous Determination of the Liability Rule in Oligopolistic Markets

Takao Ohkawa, Tetsuya Shinkai, Makoto Okamura and Kozo Harimaya

90: Trade in Secondhand Goods, Monitoring of Illegal Trade, and Import Quotas on Legal Trade

Keisaku Higashida

89: Quality Competition and a Demand Spillover Effect: A Case of Product Differentiated Duopoly

Tsuyoshi Toshimitsu

88: A Tariff-Tax Reform under Oligopoly and Free Entry

Kenji Fujiwara and Ryoma Kitamura

87: Delegation and Limited Liability in a Modern Capitalistic Economy

Tetsuya Shinkai, Takao Ohkawa, Makoto Okamura and Kozo Harimaya

86: Does the Acquisition of Mines Benefit Resource-Importing Countries?

Keisaku Higashida and Yasuhiro Takarada

85: Who Benefits from Misleading Advertising?

Keisuke Hattori and Keisaku Higashida

84: Skill-Biased Technological Change, Organizational Change, and Wage Inequality

Kohei Daido and Ken Tabata

83: A Win-Win-Win Tariff-Tax Reform under Imperfect Competition

Kenji Fujiwara

82: Optimal Tariffs on Exhaustible Resources: The Case of Quantity Setting

Kenji Fujiwara and Ngo Long

81: What are the factors of the gap between desired and actual fertility? - A comparative study of four developed countries

Tomo Nishimura

80: The endogenous timing of tariff policy

Tsuyoshi Toshimitsu

79: Free Trade, Time-Consistent Tariff, and Market Size: The Role of GATT/WTO as Commitment Devices

Tsuyoshi Toshimitsu

78: Does founders’ human capital matter for innovation? Evidence from Japanese start-ups

Masatoshi Kato, Hiroyuki Okamuro and Yuji Honjo

77: Voracity, growth and welfare

Kenji Fujiwara

76: Welfare Implications of Leadership in a Resource Market under Bilateral Monopoly

Kenji Fujiwara and Ngo Long

75: When Government Misleads US: Sending Misinformation as Protectionist Devices

Keisuke Hattori and Keisaku Higashida

74: Misleading Advertising and Minimum Quality Standards

Keisuke Hattori and Keisaku Higashida

73: Is the behavior of fishers rational under Individual Transferable Quotas (ITQs) regimes? An Experimental Approach

Keisaku Higashida, Kenta Tanaka and Shunsuke Managi

72: An Economic Analysis of the Packaging Waste Recovery Note System in the UK

Norimichi Matsueda and Yoko Nagase

71: TARIFFS AND TRADE LIBERALIZATION WITH NETWORK EXTERNALITIES

Kenji Fujiwara

70: Team Incentives and Reference-Dependent Preferences

Kohei Daido and Takeshi Murooka

69: Misleading Advertising in Duopoly

Keisuke Hattori and Keisaku Higashida

68: On Efficiency of Individual Transferable Quotas (ITQs) through Reduction of Vessels

Keisaku Higashida and Yasuhiro Takarada

67: Development of University Life-Science Programs and University-Industry Joint Research in Japan

Masatoshi Kato and Hiroyuki Odagiri

66: On the Sustainability of a Monetary Union under External Shocks: a Theoretical Result and Its Application to the Gulf Countries

Etienne Farvaque and Norimichi Matsueda

65: Fee Versus Royalties in General Cost functions

Hiroaki Ino

64: Heterogeneous Exits: Evidence from New Firms

Masatoshi Kato and Yuji Honjo

63: Market Integration and Competition in Environmental and Trade Policies

Kenji Fujiwara

62: Market integration, environmental policy, and transboundry pollution from consumption

Kenji Fujiwara

61: ENVIRONMENTAL POLICY AND TRADE LIBERALIZATION: THE CASE OF TRANSBOUNDARY POLLUTION FROM CONSUMPTION

Kenji Fujiwara

60: The impact of crime on housing land prices and the effects of police boxes and voluntary groups on crime prevention in Japan

Ryuji Kutsuzawa, Noriko Mizutani, Fumio Ohtake and Hisaki Yamaga

59: Organizational Modes within Firms and Productivity Growth

Kohei Daido and Ken Tabata

58: Unilateral Emission Standards, Quality of Vertically Differentiated Products, and the Global Environment

Keisaku Higahsida and Tsuyoshi Toshimitsu

57: Efficiency of Individual Transferable Quotas (ITQs) when Fishers are able to Choose Vessel Sizes: An Experimental Approach

Keisaku Higahsida, Kenta Tanaka and Shunsuke Managi