Faculty Members

LANGUAGE ≫ Japanese
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Associate Professor
KUSAKAWA Takao

Ph.D., Osaka University

  • Gender: Male
  • Affiliation:
    - School of Economics & Management
    - School of Management
    - Research Institute for future design
Areas of specialization Experimental Finance
Experimental Economics
Environmental Economics
Laboratory/research office Experimental Finance Laboratory
In order to understand why bubbles occur in financial markets and to prevent them happening, I analyze behavior of experimental subjects in a laboratory market.
Current research topics
Educational background 1999: Bachelor, Waseda University
Professional background 2005-2014: Hiroshima Shudo University
Licenses
Academic societies Japanese Economic Association
Society for Environmental Economics and Policy Studies
Economic Science Association
Nippon Finance Association
American Economic Association

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Courses

* Courses provided in English are shown with (E) mark

Undergraduate school
  • Computer Literacy
  • Finance Theory
  • Monetary Theory
  • Specialized Seminar I
  • Specialized Seminar II
  • Seminar I
  • Seminar II
  • Seminar III
  • Game Theory
  • Introduction to Game Theory
  • Seminar I (Management and Mathematics)
  • Seminar II (Management and Mathematics)
  • Seminar III (Management and Mathematics)
  • Project Research
Graduate school

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Research activities

Research papers
  1. Authors: Shinichi Hirota, Takao Kusakawa, Tatsuyoshi Saijo, Yasuhiko Tanigawa
    Title: Informed traders, beauty contest and stock price volatility: Evidence from laboratory markets
    Journal: Pacific Economic Review, Vol. 29, No. 3, pp. 354-396
    Year: 2024
  2. Authors: Ferdinand M. Vieider, Thorsten Chmura, Tyler Fisher, Takao Kusakawa, Peter Martinsson, Frauke Mattison Thompson, Adewara Sunday
    Title: Within- versus between-country differences in risk attitudes: implications for cultural comparisons
    Journal: Theory and Decision, Vol. 78, No. 2, pp. 209-218, Springer
    Year: 2015
  3. Authors: Takao Kusakawa, Kazuhito Ogawa, Tatsuhiro Shichijo
    Title: An experimental investigation of a third-person enforcement in a prisoner’s dilemma game
    Journal: Economics Letters, Vol. 117, No. 3, pp. 704-707, Elsevier
    Year: 2012
Grants-in-Aid for Scientific Research from the Japanese government
  1. Project title: Designing Emissions Trading Institutions: An Experimental Study
    Category: Grant-in-Aid for Young Scientists (B)
    Project number: 26870768
    Project period: 2014-2017
    Total budget amount: 3,900,000 yen
    Keywords:
  2. Project title: Study on How Investor Psychology Influences Stock Prices: A Laboratory Experiment
    Category: Grant-in-Aid for Scientific Research (C)
    Project number: 25K05171
    Project period: 2025-2029
    Total budget amount: 4,550,000 yen
    Keywords:

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Social activities

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