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Applied Economic Analysis of Information and Risk
This book examines interesting new topics in applied economics from the perspectives of the economics of information and risk, two fields of economics that address the consequences of asymmetric information, environmental risk and uncertainty for the nature and efficiency of interactions between individuals and organizations. In the economics of information, the essential task is to examine the condition of asymmetric information under which the information gap is exploited. For the economics of risk, it is important to investigate types of behavior including risk aversion, risk sharing, and risk prevention, and to reexamine the classical expected utility approach and the relationships among...
Regional Economic Analysis of Power, Elections, and Secession
The main object of this book is to explain some of the mechanisms of integration and secession among regions from the point of view of game theory. To attain this goal, the incentives of regions in a country to unite or to secede and the conditions in the way for the member countries of a federation to leave peacefully are examined. Tensions over secession have become more and more serious, including separatist tensions in China, India, Iraq, Myanmar, and Sri Lanka. Studies included in this book stress differing preferences in the type of policy in each region and the influence of a third region on the power of secession. Decentralization strategies of tax-subsidy policy and governance polic...
Applied Analysis of Growth, Trade, and Public Policy
This book analyzes the various problems of growth, trade and public policy from the perspective of applied economics, based on research in areas such as public policies, trade and regulation, and development economics. Part 1 investigates the broad problems of growth and regional economy, focusing on economic developments in Japan and Korea. Part 2 discusses trade and foreign investment in Japan, mainly on an empirical basis. Part 3 then examines various public economic policies using applied analysis tools. The papers in this volume have been collected to commemorate ten years of academic exchange between the Japan Association for Applied Economics (JAAE) and the Korean Economics and Business Association (KEBA), and include an applied economic analysis of growth and trade in Korea and Japan.
Contemporary Issues in Applied Economics
An important feature of this book is its analysis of various contemporary issues in applied economics, distinguished by advanced theoretical research and empirical analysis focusing on Japan and Korea. The book consists of four parts, the first of which investigates economic growth and welfare, using tools of applied analysis. In Part II, it examines inequality, redistribution, and intergenerational transfers, mainly on an empirical basis. In turn, Part III explores public policy and political economics, while Part IV addresses resource and environmental economics on the basis of data from Japan and Korea. In addition to offering valuable insights, this collection of papers commemorates the 10th anniversary of academic exchange between the Japan Association for Applied Economics (JAAE) and the Korean Association for Applied Economics (KAAE).
Socioeconomic Environmental Policies and Evaluations in Regional Science
This book is a volume of essays celebrating the life and work of Yoshiro Higano, professor of Environmental Policy, Doctoral Program in Sustainable Environmental Studies, Graduate School of Life and Environmental Sciences, University of Tsukuba, Japan. Prof. Higano’s research strongly focuses on the comprehensive evaluation of resources and research content for decision science and engineering, including simulation modeling for environmental quality control, the evaluation of environmental remediation technologies, integrated river (lake) basin management, and synthesized environmental policy. Yoshiro Higano is the past president of the Regional Science Association International (RSAI) and...
The Theory of Mixed Oligopoly
This book outlines the core concept of the theory of mixed oligopoly and presents recent results that have arisen in a mixed oligopolistic market. The wave of privatization since the 1980s has taken the development of the theory of mixed oligopoly in several directions. Although the main concern of the theory of mixed oligopoly focuses on the effect of regime change—especially privatization of a public firm—on social welfare, existing studies have not considered the difference in economic environments. With drastic changes in economic environments along with economic development in recent years, the domestic and foreign markets have become more and more integrated, firms have become conc...
Theoretical and Empirical Analysis in Environmental Economics
This monograph presents potential remedies for some of the current environmental issues in developed countries in a theoretical or empirical manner with the interdisciplinary approaches of economics, statistics, and engineering. The book illustrates effective economic and environmental policies for environmental challenges and factors where corrective policies to date may have failed. The importance of this essential book has is related to the transition in the major concerns of the people or governments in developed countries shifting from economic growth to the stability of life and environmental preservation as their economies have matured. The environmental issues dealt with here include...
Arsenic Mitigation in Rural Bangladesh
Based on micro-level empirical research, this book uniquely addresses the problem of arsenic contamination in ground water in Bangladesh in a comprehensive way. At the outset, the book puts forward the opinions of experts regarding the cause of arsenic contamination in ground water in Bangladesh, followed by sample surveys depicting socioeconomic and arsenic-related situations in three arsenic-affected villages in Meherpur district, Bangladesh. The major contribution of the author is the mixed-integer Pareto optimality model (tested and proved through computer simulation), developed in order to supply safe water to the badly affected people in Taranagar village. The model takes into account ...
Coping with Regional Vulnerability
Whether a natural event turns into a disaster depends on the severity of the hazard as well as the condition of the social sphere of its potential victims, i.e., vulnerability. We focus on regional vulnerability considering the fact that regional socioeconomic conditions determine the aspects of the damage and thus the risk management policy. This book provides the theory and methodology to understand and cope with regional vulnerability through an interdisciplinary approach. The fields mainly included in this work are welfare and environmental economics, the planning and management area of civil engineering, and risk management. In particular, we focus on hazard and vulnerability surroundin...
Regional Free Trade Areas and Strategic Trade Policies
This book presents a theoretical investigation of the formation of regional free trade agreements (FTAs), the behavior of global enterprises, and government trade policies in various game forms including multi-stage games, repeated games, and timing games. In the last few decades, the number of FTAs has been rapidly increasing in the world, especially in Asia. In particular, East Asian countries are expected to be main engines for sustaining the world economy. Focusing on East Asian economies, strategic behaviors of governments and firms in order to attain their own aims are examined. The analytical methods employed in this book are those currently being developed or that recently have been ...
