Industrial Economics

Numbering Code G-ECON31 6A520 LB43 Year/Term 2022 ・ First semester
Number of Credits 2 Course Type Lecture
Target Year Target Student
Language Japanese and English Day/Period Wed.3
Instructor name IDA TAKANORI (Graduate School of Economics Professor)
Outline and Purpose of the Course Surveys and Field Studies in Economics _x005F_x000D_ _x005F_x000D_ ・ We are living at the height of the age of data science; the econometric analysis of data using surveys, conjoint analysis, and field experiments is vital. _x005F_x000D_ ・ However, practical courses teaching the specifics of these approaches are nowhere to be found in Japan's universities. _x005F_x000D_ ・ Students in this course will examine academic papers on surveys, conjoint analysis, and field experiments conducted by the instructor in a variety of fields and learn their approaches to analysis.
Course Goals ・ To learn approaches to conducting surveys, conjoint analysis, and field experiments _x005F_x000D_ ・ To gain the ability to conduct surveys, conjoint analysis, and field experiments on their own
Schedule and Contents Fifteen lectures with accompanying discussion are scheduled to be delivered on treatises related to the themes below in order. _x005F_x000D_ _x005F_x000D_ Lectures will proceed as follows: theses will be assigned to participants, reports will be given for 30 to 40 minutes, and the remaining time will be devoted to explanation of the main points of the theses by the instructors. _x005F_x000D_ _x005F_x000D_ ・ Secure broadband service: _x005F_x000D_ [1] Ida, T. and T. Kuroda (2006) "Discrete Choice Analysis of Demand for Broadband in Japan," Journal of Regulatory Economics vol.29.1: 5-22. _x005F_x000D_ [2] Ida, T., S. Kinoshita, and M. Sato (2008) "Conjoint Analysis of Demand for IP Telephony: The Case of Japan," Applied Economics vol.40.10: 1279-1287. _x005F_x000D_ [3] Ida, T. and Y. Horiguchi (2008) "Consumer Benefits of Public Services over FTTH in Japan: Comparative Analysis of Provincial and Urban Areas by Using Discrete Choice Experiment," Information Society vol.24.1: 1-17. _x005F_x000D_ [4] Ida, T. and K. Sakahira (2008) "Broadband Migration and Lock-in Effects: Mixed Logit Model Analysis of Japan's High-speed Internet Access Service," Telecommunications Policy vol.32.9: 615-625. _x005F_x000D_ _x005F_x000D_ ・ Cell phone service: _x005F_x000D_ [5] Ida, T. and T. Kuroda (2009) "Discrete Choice Model Analysis of Demand for Mobile Telephone Service in Japan," Empirical Economics vol.36.1: 65-80. _x005F_x000D_ [6] Ida, T. (2012) "Beyond Mobile Number Portability: Measuring Consumer Preferences for Service Portability in Japan's Mobile Phone Market," Applied Economics vol.44.26: 3357-3369. _x005F_x000D_ [7] Kuroda, T., T. Koguchi, and T. Ida (2019) “Identifying the Effect of Mobile Operating Systems on the Mobile Services Market,” Information Economics and Policy vol.46: 86-95. _x005F_x000D_ _x005F_x000D_ ・ Smoking & smoking cessation (stated preference) _x005F_x000D_ [8] Goto, R., S. Nishimura, and T. Ida (2007) "Discrete Choice Experiment of Smoking Cessation Behaviour in Japan," Tobacco Control vol.16.5: 336-343. _x005F_x000D_ [9] Goto, R., Y. Takahashi, and T. Ida (2011) "Changes of Smokers’ Attitudes to Intended Cessation Attempts in Japan," Value in Health vol.14.5: 785-791. _x005F_x000D_ _x005F_x000D_ ・ Smoking & smoking cessation (revealed preference) _x005F_x000D_ [10] Ida, T. and R. Goto (2009) "Simultaneous Measurement of Time and Risk Preferences: Stated Preference Discrete Choice Modeling Analysis Depending on Smoking Behavior," International Economic Review vol.50.4: 1169-1182. _x005F_x000D_ [11] Ida, T. and R. Goto (2009) "Interdependency among Addictive Behaviors and Time/Risk Preferences: Discrete Choice Model Analysis of Smoking, Drinking, and Gambling," Journal of Economic Psychology vol.30.4: 608-621. _x005F_x000D_ [12] Ida, T. (2010) "Anomaly, Impulsivity, and Addiction," Journal of Socio-Economics vol.39.2: 194-203. _x005F_x000D_ [13] Ida, T. (2014) “A Quasi-Hyperbolic Discounting Approach To Smoking Behavior,” Health Economics Review vol.4.5: 1-11. _x005F_x000D_ [14] Goto, R., Y. Takahashi, S. Nishimura, and T. Ida (2009) "A Cohort Study to Examine Whether Time and Risk Preference Is Related to the Smoking Cessation Success," Addiction vol.104.6: 1018-1024. _x005F_x000D_ [15] Ida, T., R. Goto, Y. Takahashi, and S. Nishimura (2011) "Can Economic-Psychological Parameters Predict Successful Smoking Cessation?," Journal of Socio-Economics vol.40.3 285-295. _x005F_x000D_ _x005F_x000D_ ・ Environmental energy (stated preference) _x005F_x000D_ [16] Tanaka, M. and T. Ida (2013) "Voluntary Electricity Conservation of Households after the Great East Japan Earthquake: A Stated Preference Analysis," Energy Economics vol.39: 296-304. _x005F_x000D_ [17] Ida, T., K. Murakami, and M. Tanaka (2014) “A Stated Preference Analysis of Smart Meters, Photovoltaic Generation, and Electric Vehicles in Japan: Implications for Penetration and GHG Reduction,” Energy Research & Social Science vol.2: 75-89. _x005F_x000D_ [18] Tanaka, T., T. Ida. K. Murakami, and L. Friedman (2014) “Consumers' Willingness To Pay for Alternative Fuel Vehicles: A Comparative Analysis between US and Japan,” Transportation Research Avol.70: 194-209 . _x005F_x000D_ [19] Ida, T., K. Takemura, and M. Sato (2014) “Inner Conflict between Nuclear Power Generation and Electricity Rates: A Japanese Case Study,” Energy Economics vol.48: 61-69. _x005F_x000D_ [20] Murakami, K., T. Ida, M. Tanaka, and L. Friedman (2015) “Consumers’ Willingness to Pay for Renewable and Nuclear Energy: A Comparative Analysis between the US and Japan,” Energy Economics vol.50: 178-189. _x005F_x000D_ _x005F_x000D_ ・ Environmental energy (field experiments) _x005F_x000D_ [21] Ida, T., K. Murakami, and M. Tanaka (2016) “Electricity Demand Response in Japan: Experimental Evidence from a Residential Photovoltaic Generation System,” Economics of Energy & Environmental Policy vol.5.1: 73-88. _x005F_x000D_ [22] Ito, K., T. Ida, and M. Tanaka (2018) “Moral Suasion and Economic Incentives: Field Experimental Evidence from Energy Demand,”American Economic Journal: Economic Policy vol.10.1: 240-267. _x005F_x000D_ [23] Ida, T., N. Motegi, and Y. Ushifusa (2019) “Behavioral Study of Personalized Automated Demand Response in Workplaces,” Energy Policy vol.132: 1009-1016. _x005F_x000D_ [24] Wenjie Wang, T. Ida, and H. Shimada (2020) “Default Effect versus Active Decision: Evidence from a Field Experiment in Los Alamos,” European Economic Review vol.128: 117-151. _x005F_x000D_ _x005F_x000D_ ・ Social preferences and altruism _x005F_x000D_ [25] Ida, T. and K. Ogawa (2012) "Measuring the Inequality Aversion Rate, the Social Discount Rate, and the Time Discount Rate Using a Hypothetical Dictator Game," International Journal of Social Economics vol.39.5: 314-329. _x005F_x000D_ [26] Ogawa, K. and T. Ida (2015) "Power of Individual Characteristics in Hypothetical Dictator Game Experiments," Review of Social Economy vol.73.2, 176-195. _x005F_x000D_ _x005F_x000D_ However, the progression of the course may change to accommodate participants' degree of comprehension.
Evaluation Methods and Policy Grading primarily focuses on everyday activities. _x005F_x000D_ (Presentations during the course, presentation of reports as necessary, etc.)
Course Requirements This course will not cover econometrics, so applicants should have a basic knowledge of econometrics or be studying the subject simultaneously.
Study outside of Class (preparation and review) Students must prepare when scheduled to give a presentation.
Textbooks Textbooks/References Other; other. _x005F_x000D_ In conjunction with the lectures, a textbook is scheduled to be authored. _x005F_x000D_ _x005F_x000D_ "The Economics of Surveys and Field Experiments: Toward a Working Behavioral Economics for the Age of Big Data" _x005F_x000D_ _x005F_x000D_ In the age of Big Data, it is now easy to obtain personal data on our psychology and behavior. This has also produced a new trend in economics: the "empirical revolution." Methods of analyzing personal big data are broadly classified into two approaches: one using surveys and one using field experiments. This book selects the finest empirical research in economics from 20 years of international scientific journals to champion a "working" version of behavioral economics. The book covers a wide range of topics: selecting an internet provider, the choice of whether to continue or stop smoking, selection of future energy options, the effectiveness of conservation incentives and nudges, and more. How are research topics such as these chosen? How are surveys designed? How are field experiments conducted, and what sort of econometric analysis do they use? What sort of work does each form of research entail, and what difficulties should researchers expect to encounter? The authors themselves reveal the inside stories. This book will simulate for the reader the experience of conducting cutting-edge scientific surveys and field research in the field of economics. _x005F_x000D_ _x005F_x000D_ Chapter 1: The Empirical Revolution, Spearheaded by Modern Economics _x005F_x000D_ Part I: Economics in Surveys: Revealed Preferences _x005F_x000D_ Chapter 2: The Microeconometrics Revolution _x005F_x000D_ Chapter 3: Choosing Internet _x005F_x000D_ Chapter 4: Smoking: To Continue or Quit? _x005F_x000D_ Part II: Economics in Surveys: Stated Preferences _x005F_x000D_ Chapter 5: The Power of Conjoint Analysis _x005F_x000D_ Chapter 6: Taking Stock of the Psychology of Time and Danger _x005F_x000D_ Chapter 7: Choosing an Energy for the Future _x005F_x000D_ Chapter 8: In Search of the Psychology of Altruism and Conflict _x005F_x000D_ Part III: Economics in Field Experiments _x005F_x000D_ Chapter 9: The Field Experiment Revolution _x005F_x000D_ Chapter 10: Incentives vs. Nudges: Which Is More Effective? _x005F_x000D_ Chapter 11: Conquering Inertial Bias _x005F_x000D_ Chapter 12: Examining Heterogeneity Through Machine Learning
References, etc. Introduced during class
PAGE TOP