Published Articles

Index

Ph.D. DISSERTATION (in English)

  • "Essays on Monetary Equilibrium in a Sequence of Markets," submitted to Stanford University, December, 1973.

PUBLISHED ARTICLES (in English)

  1. "General Equilibrium with Money: Indeterminacy of Price Level and Efficiency," Journal of Economic Theory, Vol.12(3), June 1976, pp.402-415.
  2. "Efficiency in an Atomless Economy with Fiat Money," (with G.Jaynes and D.Schmeidler) International Economic Review, Vol.19(1), February 1978, pp.149-156.
  3. "On a Monetary Equilibrium in a Generation Overlapping Economy," International Economic Review, Vol.19(2), June 1978, pp.351-361.
  4. "The Role of Money in Supporting the Pareto Optimality of Competitive Equilibrium in Consumption-Loan Type Models," (with D.Cass and I.Zilcha) Journal of Economic Theory, Vol.20(1), February 1979, pp.41-80. (Republished in J.H.Kareken and N.Wallace (eds.) Models of Monetary Economies, Federal Reserve Bank of Minneapolis, Minneapolis, 1980, pp.13-48.)
  5. "Oligopoly and Competition in Large Markets," (with A.Postlewaite and J.Roberts) American Economic Review, Vol.70(1), March 1980, pp.22-31.
  6. "On the Efficiency of a Competitive Equilibrium in Infinite Horizon Monetary Economies," (with I.Zilcha), Review of Economic Studies, Vol.47(4), July 1980, pp.797-807.
  7. "Bankruptcy, Limited Liability and Financial Intermediation: A General Equilibrium Approach," The Economic Studies Quarterly, Vol.31(2), August 1980, pp.139-149.
  8. "A Proof of the Existence of Competitive Equilibrium in a Generation-Overlapping Exchange Economy with Money," (with I.Zilcha) International Economic Review, Vol.22(1), February 1981, pp.239-252.
  9. "On a Class of Programs which are 'Acceptable' from Intergenerationally Distributive Viewpoints," The Economic Studies Quarterly, Vol.33(1), April 1982, pp.67-73.
  10. "Approximately Monetary Equilibrium in Overlapping Generations Economy," (with I.Zilcha) European Economic Review, Vol.19, 1982, pp.213-228.
  11. "The Burden of Debt and Intergenerational Distribution," Keizai-Kenkyu (Economic Review), Vol.34(3), July 1983, pp.203-215.
  12. "On Stationary Overlapping Generations Models," (with I.Zilcha) Economic Letters, Vol.11, 1983, pp.331-335.
  13. "Optimal Steady-State in Stationary Consumption-Loan Type Models," (with I.Zilcha), Journal of Economic Theory, Vol.31(2), December 1983, pp.355-363.
  14. "Corporate Loyalty and Bonus Payments: an Analysis of Work Incentives in Japan," in M.Aoki (ed.) The Economic Analysis of the Japanese Firm, 1984, North-Holland, Amster-dam, pp.387-411.
  15. "An Allocation Rule Using Linear Excess Demand Functions," (with D.Schmeidler) in W.Hildenbrand and A.Mas-Colell (eds.) Contributions to Mathematical Economics: Essays in Honor of G.Debreu, North-Holland, Amsterdam, 1986, pp.361-85.
  16. "Economic Analysis of Industrial Policy: A Conceptual Framework through the Japanese Experience," (with K.Suzumura) in H.Mutoh, S.Sekiguchi, K.Suzumura and I.Yamazawa (eds.) Industrial Policies for Pacific Economic Growth, Allen & Unwin, Sydney, 1986, pp.23-41.
  17. "Monitoring Cost, Agency Relationship, and Equilibrium Modes of Labor Contract," Journal of the Japanese and International Economies, Vol.1(2), June 1987, pp.147-67.
  18. "Industrial Policy: in Japan: An Overview and Evaluations," (with K.Suzumura) in R.Sato and P.Wachtel (eds.) Japan-U.S. Trade Friction and Economic Policy, Cambridge Univer-sity Press, Cambridge, 1987, pp.50-79.
  19. "Industrial Policy as a Corrective to Market Failures," (with M.Itoh, K.Kiyono and K.Suzumura) in R.Komiya, M.Okuno and K.Suzumura (eds), Industrial Policy of Japan, Academic Press, New York, 1988, pp.233-55.
  20. "Industrial Promotion and Trade," (with M.Itoh, K.Kiyono and K.Suzumura) in R.Komiya, M.Okuno and K.Suzumura (eds.) Industrial Policy of Japan, Academic Press, New York, 1988, pp.257-78.
  21. "Interdependence of Industries, Coordination Failure and Strategic Promotion of an Indus-try," Journal of International Economics, Vol.25(1/2), August 1988, pp.25-43.
  22. "Second-Mover Advantage in R&D Innovation and Imitation in Dynamic Oligopoly," (with K.Kiyono) The Economic Studies Quarterly, Vol.39(4), December 1988, pp.356-77.
  23. "Game Theory and Economics: Introduction," (with M.Kaneko) The Economic Studies Quarterly, Vol.39(4), December 1988, pp.289-90.
  24. "Labor Relations and the Firm: Comparative Perspectives: Editor's Introduction," (with T.Ito) Journal of the Japanese and International Economics, Vol.3(4), December 1989, pp.333-44.
  25. "On Labor Incentives and Work Norm in Japanese Firms," Journal of the Japanese and International Economies, Vol.3(4), December 1989, pp.367-84.
  26. "Strategic Information Revelation," (with A.Postlewaite and K.Suzumura) Review of Economic Studies, Vol.57(1), January 1990, pp.25-47.
  27. "Oligopolistic Competition and Economic Welfare: A General Equilibrium Analysis of Entry Regulation and Tax-Subsidy Schemes," (with H.Konishi and K.Suzumura) Journal of Public Economics, Vol.42(1), 1990, pp.67-88.
  28. "Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh, and Tokyo: An Ex-perimental Study," (with A.Roth, V.Prasnikar and S.Zamir) American Economic Review, Vol.81(5), 1991, pp.1068-95.
  29. "Industry Specific Interests and Trade Protection: A Game Theoretic Analysis," (with K.Kiyono and K.Ueda) Economic Studies Quarterly, Vol.42(4), 1991, pp.347-361.
  30. "Industrial Policy in Japan: A Political Economy View," in P.Krugman (ed.) Trade with Japan: Has the Door Opened Wider?, University of Chicago Press, Chicago, 1991, pp.271-96. (Repirinted in Industrial Policy and Competitive Advantage, (ed.) David Audretsch, Edward Elgar, Cchelterrnham, 1998.).
  31. "Refining Cheap-Talk Equilibria," (with S.Matthews and A.Postlewaite), Journal of Economic Theory, Vol.55(2), 1991, pp.247-273.
  32. "Symmetric Cournot Oligopoly and Economic Welfare: A Synthesis," (with K.Suzumura) Economic Theory, Vol.3(1), 1993, pp.43-59.
  33. "Belief-Based Refinements in Signaling Games," (with G.Mailath and A.Postlewaite) Journal of Economic Theory, Vol.60(2), 1993, pp.241-76. (revision of "Forward Induction and Equilibrium Refinement," (with A.Postlewaite), February 1987.)
  34. "Social Norms and Random Matching Games," (with A.Postlewaite) Games and Economic Behavior, Vol.9, 1995, pp.79-109.
  35. "The Economic System of Contemporary Japan: Its Structure and Possibility of Change," Japanese Economic Studies, Vol.22, 1994, pp.76-98. (tranlsation of "Gendai Nihon no Keizai Shisutemu: Sono Kozo to Kaikaku no Kano-sei" in T.Okazaki and M.Okuno (eds.) Gendai Nihon Keizai Shisutemu no Genryu, Nihon Keizai Shimbun Sha, 1993.)
  36. "Competition through Endogenized Tournaments: An Interpretation of the 'Face-to-Face' Competition," (with H.Konishi and Y.Suzuki), Journal of the Japanese and International Economics, Vol.10, 1996, pp.199-232.
  37. "Beyond the East Asian Miracle: Introducing the Market Enhancing View," (with M. Aoki and K. Murdock), M. Aoki, H-K. Kim and M. Okuno-Fujiwara (eds.) The Role of Government in East Asian Economic Development: A Comparative Institutional Analysis, Oxford University Press, 1996, pp.1-37.
  38. "Toward A Comparative Institutional Analysis of Government Business Relationship," M. Aoki, H-K. Kim and M. Okuno-Fujiwara (eds.) The Role of Government in East Asian Economic Development: A Comparative Institutional Analysis, Oxford University Press, 1996, pp.373-406.
  39. "Keynote Address: The Role of Government in the East Asian Economic Development," (Ch.21), T.Yanagihara and S.Sambommatsu (eds.), East Asian Development Experience: Economic System Approach and Its Applicability, Institute of Developing Economics, Tokyo: Institute of Developing Economies, 1997, pp.453-465.
  40. "Evolution of Economic Systems: The Case of Japan," (with T. Okazaki), Y.Hayami and M.Aoki (eds.) The Institutional Foundations of East Asian Economic Development, IEA Conference Volume No.127, McMillan Press Ltd., 1998, pp.482-521.
  41. "Japan's Present-Day Economic System and Its Historical Origins," (with T.Okazaki), T. Okazaki and M. Okuno-Fujiwara (eds.) The Japanese Economic System and its Historical Origins, Oxford University Press, 1999, pp.1-37
  42. "Japan's Present-Day Economic System: Its Structure and Potential for Reform," T. Okazaki and M. Okuno-Fujiwara (eds.) The Japanese Economic System and its Historical Origins, Oxford University Press, 1999, pp.266-282.
  43. "The Economic System of Contemporary Japan: Its Structure and the Possibility of Change," K. Sato (ed.) The Transformation of the Japanese Economy, M. E. Sharpe, 1999, pp.95-114.
  44. “Risk Attitudes of Anesthesiologists and Surgeons in Clinical Decision Making with Expected Years of Life,” (with Yoshinori Nakata, Takahisa Goto, and Shigeho Morita), Journal of Clinical Anesthesia, Vol.12(2), Mar. 2000, pp.146-150.
  45. "How Work Ethic Determines the Government Size and How It Evolves Over Time? Reinventing Max Weber" (with N. Suzuki), 2001, mimeo
  46. "Social Relations and Endogenous Culture," Japanese Economic Review, Vol.53(1), 2002, pp.1-24
  47. "Evolution and Interaction of Conventions," (with A. Matsui), Japanese Economic Review, Vol.53(2), 2002, pp.141-53
  48. "Domestic and International Strategic Interactions in Environment Policy Formation," (with K.Kiyono), Economic Theory, Vol.21(2-3), 2003, pp.613-633. (Also published in C.D.Aliprantis, K.J.Arrow, P.Hammond, F.Kubler, H-M.Wu and N.C.Yannelis (eds.), Assets, Beliefs and Equilibria in Economic Dynamics :Essay in Honor of Mordecai Kurz, Springer, 2004, pp.515-536)
  49. "Efficiency and Diversity in Voluntarily Repeated Prisoner's Dilemma," (with Takako Fujiwara-Greve) Mathematical Economics (a collection of papers presented at the symposium on mathematical economics sponsored by the Research Institute for Mathematical Sciences (RIMS), Kyoto University, which was held during November 18-20, 2005), RIMS, 2006, pp.156-176.
  50. "Voluntarily Separable Repeated Prisoner’s Dilemma,” (with Takako Fujiwara-Greve) Review of Economic Studies, Vol.76(3), 2009, pp.993-1021."
  51. "An Interview with Hirofumi Uzawa,” (with Karl Shell) Macroeconomic Dynamics, Vol.13 (3), 2009, pp.390-420.
  52. "Strategic International Agreement on Global Environment Management," (with Kazuharu Kiyono), The Waseda Journal of Political Science and Economics, No.378-379, October 2010, pp.8-21.
  53. "Voluntarily Separable Repeated Prisoner's Dilemma with Reference Letters," (with Takako Fujiwara-Greve, and Nobue Suzuki), Games and Economic Behavior, Vol.74(2), March 2012, pp.504-516.
  54. “Symposium on International Trade and Industrial Organization: Introduction,” (with Kenzo Abe and Jota Ishikawa), Japanese Economic Review, Vol. 63(2), June 2012, pp. 149–151.
  55. “Efficiency May Improve When Defectors Exist,” (with Takako Fujiwara-Greve and Nobue Suzuki), Economic Theory, Vol.60(3) November 2015, pp.423-460.

BOOKS (in English )

  1. Industrial Policy in Japan, (co-edited with R.Komiya and K.Suzumura) Academic press, New York, 1988.
  2. Economic Analysis of Industrial Policy, (with M.Itoh, K.Kiyono and K.Suzumura, translat-ed by A.Khosla) Academic Press, New York, 1991. The Role of Government in East Asian Economic Development: A Comparative Institution-al Analysis, (edited with M. Aoki and H-K. Kim), Oxford University Press, 1996.
  3. The Japanese Economic System and its Historical Origins, (edited with T. Okazaki) Oxford University Press, 1999.

DISCUSSION PAPERS (in English)

  • "Does Technological Uncertainty Justify Industrial Subsidies?" (with K.Suzumura) Discussion Paper Series 83-1, The Center for International Trade Studies, Yokohama National University, February 1983.
  • “Industrial Policy in Japan: Overview and Evaluation” (with Kotaro Suzumura), Pacific Economic Papers No.146, Australia-Japan Research Centre, April 1987.
  • “Evolution of Economic Systems: The Case of Japan,” (with Tetsuji Okazaki), Discussion Paper No.444, The Institute of Social and Economic Research, Osaka University, May 1997.
  • “Evolution and Interaction of Social Norms,” (with Akihiko Matsui), Discussion Paper No.450, The Institute of Social and Economic Research, Osaka University, August 1997.
  • “Information Sharing in Joint Research and Development,” (with Hiroyuki Chuma, Shuzo Fujimura, Toshiji Kawagoe, Taisuke Matsubae, Hirokazu Takizawa, Yasunori Watanabe and Izumi Yokoyama) RIETI Discussion Paper Series 07-E-019, March 2007.
  • “Behavioral Diversity in Voluntarily Separable Repeated Prisoner’s Dilemma,” (with Takako Fujiwara-Greve) SSRN Working Paper Series, SSRN-id2007848, January 2012.
  • "Efficiency May Improve When Defectors Exist," (with Takako Fujiwara-Greve and Nobue Suzuki), SSRN Discussion Paper, October 2013.
  • "Diverse Behavior Patterns in a Symmetric Society with Voluntary Partner-ships," (with Takako Fujiwara-Greve), SSRN Discussion Paper, October 2013, revised February 2016.

<Center for International Research on the Japanese Economy (CIRJE) Discussion Paper Series>

  • "Welfare Criteria for Industrial Subsidies in an Oligopolistic Setting," (with K.Suzumura) 84-F-8, December 1984.
  • "Competition, Interdependence of Industries and Marshalllian Externalities," 85- F-1, May 1985.
  • "Strategic Information Revelation," (with Andrew Postlewaite and Kotaro Suzumura) 86-F-8, December 1986.
  • "Monitoring Cost, Agency Relationship, and Equilibrium Modes of Labor Contract," 87- F-2, February 1987.
  • "Strategic Cost-Reduction Investment and Economic Welfare," (with Kotaro Suzumura) 87-F-5, May 1987.
  • "Second-Mover Advantage in R&D," (with Kazuharu Kiyono)87-F-14, December 1987.
  • "On Labour Incentives and Work Norm in Japanese Firms,"89- F-5, February 1989."Industrial Policy in Japan," 90- F-5, March 1990.
  • "Oligopolistic Competition and Economic Welfare: A General Equilibrium Analysis of Entry Regulation and Tax-Subsidy Schemes," (with Hideki Konishi and Kotaro Suzumura) 89-F-6, June 1989.
  • "Industrial Policy in Japan," 90- F-5, March 1990.
  • "Industry Specific Interests and Trade Protection: A Game Theoretic Analysis," (with Kaoru Ueda) 90-F-7, March 1990.
  • "Welfare Criteria for Industrial Subsidies in an Oligopolistic Setting," (with K.Suzumura) F-8, December 1984.
  • "Social Norms and Random Matching Games," (with Andrew Postlewaite) 90-F-22, November 1990.
  • "On Belief Based Refinements in Signaling Games," (with George J. Mailath) 91-F-3, January 1991.
  • "Optimal Delegation of Authority in Organizations," (with Noriyuki Yanagawa) 93-F-9, July 1993.
  • "Competition through Endogenized Tournaments: An Interpretation of the eFace-to-Facef Competition," (with Hideki Konishi and Yutaka Suzuki) 94-F-4, January 1994.
  • "Toward a Comparative Institutional Analysis of Government Business Relationship," 96-F-1, January 1996.
  • "Evolution of Economics Systems: the Case of Japan," (with Tetsuji Okazaki) 96-F-22, October 1996.
  • "Evolution of Economic Systems: the Case of Japan," (with Tetsuji Okazaki) 97-F-18, May 1997.
  • "Evolution and Interaction of Social Norms," (with Akihiko Matsui) 97-F-26, August 1997.
  • "Global Environmental Management: Incentives for Abatement Investment Anticipating an International Bargaining," (with Kazuharu Kiyono) 97-F-36, November 1997.
  • "Strategic International Agreement on Global Environment Management," (with Kazuharu Kiyono) 2004-CF-279, May 2004.
  • "Voluntarily Separable Prisoner's Dilemma" (with Takako Fujiwara-Greve), F-415, April 2006; F-599, October 2008 (revised version).
  • “Voluntarily Separable Repeated Games with Social Norms,” (with Takako Fujiwara-Greve and Nobue Suzuki), F-715, February 2010.