• BEAM Workshop 2018
    6(Wed.) June 2018
    Waseda University, Waseda Campus, 
    Building No.3, Room 3-602

    14:45-15:10 Ali Ihsan Ozkes (Aix Marseille University and Waseda University): "The effects of strategic environment, communication, and cognitive skills on cooperation" (joint with Nobuyuki Hanaki)

    15:10-15:35 Kohei Watanabe (London School of Economics and Political Science): "Longitudinal analysis of economic news using Quanteda"

    15:35-15:45 Coffe Break

    15:45-16:15 Kozo Ueda (Waseda Univeristy): "Where Does Price Stickiness Come From?: An Experimental Study" (joint with Yukihiko Funaki, Kohei Kawamura,  Nobuyuki Uto)

    16:15-16:45 Yukio Koriyama (Ecole Polytechnique): "Inclusive Cognitive Hierarchy" (joint with Ali Ihsan Ozkes)

    16:45-17:00 Coffee break

    17:00-17:30  Nobuyuki Hanaki (Universite Cote d'Azur): "Communication and Swift Trust" (joint work with Zakaria Babutsidze and Adam Zylversztejn)

    17:30-18:00 Charles Noussair (University of Arizona): "Emotions and Decsiion Making"

    18:45- Reception

    (supported by TGU Positive/Empirical Analyses of Political Economy)

    • BEAM – ABEE workshop on “Experimental and Behavioral Analyses in Macroeconomics and Finance”
    24(Fri.)-25(Sat.) August 2018
    University of Amsterdam

    Click here for details of "Call for Papers"


    • BEAM Workshop 2017

    24(Fri.) February 2017
    Waseda University, Waseda Campus, 
    Building No.3, Room 3-404

    15:00 Opening

    15:05-15:45 Sebastien Duchene (Université Côte d'Azur/ CNRS-GREDEG, Ph.D. student ): “The Effects of Short Selling and Borrowing on Market Prices and on Traders' Expectations in an Experimental Asset Market”

    15:45-16:45 Yaron Lahav (Ben-Gurion University of the Negev): "What Happens to Risk Preferences when Interest Rates Fall? An Experimental Study"

    17:00-18:00 Charles Noussair (University of Arizona): "Testing Rational Expectations Formation and the Pricing of Earnings Shocks"

    18:00-18:30 Ryuichiro Ishikawa (Waseda University): “Difference of Price Dynamics between Trading Institutions in Longtime Horizon Experimental Asset Markets”

    18:30 Closing

    19:00- Dinar

    • BEAM Young Scholars Seminar

    24(Fri.) February 2017
    Waseda University, Waseda Campus, 
    Building No.3, Room 3-404

    10:30-12:00 Yaron Lahav (Ben-Gurion University of the Negev): "Treating Experimental Research as a Project"

    • BEAM-SGU Young Scholars Seminar

    27(Mon.) February 2017
    Waseda University, Waseda Campus, 
    Building No.3, Room 3-404

    16:00-17:30 Charles Noussair (University of Arizona): "Publishing Experimental Papers"




    Workshop on Behavioral and Experimental Analyses in Macro-finance.

    DATE:  Sep. 30. 2016  9:00 – 18:00
    Location: Salle 031. MSHS Sud-Est 25 Avenue Francois Mitterrand, 06300 Nice


    9:00 -9:15           Nobuyuki Hanaki
    Welcome. Project description
    9:15 - 10:15        2 short presentations
    Sebastien Duchane (GREDEG)
    The effects of short selling and borrowing on market prices and on traders'
    expectations in an experimental asset market
    Sandrine Jacob-Leal and Mauro Napoletano (ICN Business School/OFCE)
    Market Volatility, crashes in experimental financial markets with interactions
    between human subjects and algorithmic traders
    10:15-10:30        coffee break
    10:30-11:30        Martin Weber (U of Mannheim)
    Thinking About Prices Versus Thinking About Returns in Financial Markets
    11:30-12:30         Cars Hommes (CENDEF)
    Learning to forecast experiments: an overview and some recent findings
    12:30 -13:30        lunch break
    13:30 -15:30       4 short presentations:
    Jan Tuinstra (CENDEF)
    Learning to forecast and learning to switch: some preliminary ideas
    Marc Willinger (LAMETA)
    How do markets react to (un)expected fundamental value shocks?
    An experimental analysis
    Philipp Marquardt (U of Mannheim)
    Testing Rational Expectation Formation and the Pricing of
    Random Fundamental-Value Shocks
    Adrian Penalver (Bank of France)
    On quantitative easing experiment
    15:30 -15:45       coffee break
    15:45 - 17:45      4 short presentations
    Brice Corgnet (EM Lyon, GATE)
    Informational Efficiency in Experimental Asset Markets
    Yukio Koriyama (Ecole Polytechnique)
    Condorcet Jury Theorem and Cognitive Hierarchies: Theory and Experiments
    Angela Sutan (LESSAC)
    The strategic environment effect in beauty contest games
    Ali Ihsan Ozkes (AMSE)
    The Impact of Communication on Cooperation in Experimental Games of
    Strategic Complements and Substitutes
    17:45-18:00        closing Nobuyuki Hanaki
    19:30                  workshop dinner (by invitation only)
    This workshop is co-organized by ANR “BEAM” project and CSI “CSAESS” project.


    • BEAM国際共同研究事業キックオフワークショップ


    14:30-15:15 BEAMメンバーミーティング
    15:20-16:20 Nobuyuki Hanaki
    16:30-18:00 Charles Noussair
    18:30-20:30 懇親会(会費約3000円) 人数把握のために参加登録をお願いします。

    Speaker: Nobuyuki Hanaki (Université Nice Sophia Antipolis)

    Title: The strategic environment effect in beauty contest games

    Date: 15:20-16:20 March 17(Thu.)

    Venue: Room 809, 8th Floor Building No.3, Waseda Campus, Waseda University

    Abstract: Recent experimental studies have shown that observed outcomes deviate significantly more from the Nash equilibrium when actions are strategic complements than when they are strategic substitutes. This ``strategic environment effect'' offers promising insights into the aggregate consequences of interactions among heterogeneous boundedly rational agents, but its macroeconomic implications have been questioned because the underlying experiments involve a small number of agents. We studied beauty contest games with a unique interior Nash equilibrium to determine the critical group size for triggering the strategic environment effect. We show theoretically that the effect operates for interactions among three or more agents. Our experimental results partially support this theory, showing a statistically significant strategic environment effect for groups of five or more agents. Our findings establish that experiments involving a small number of interacting agents can provide major insights into macro phenomena and bolster previous work done on such issues as price dynamics.

    Speaker: Charles Noussair (University of Arizona, Tilburg University)

    Title: Emotions and economic decision making

    Date: 16:30-18:00 March 17(Thu.)

    Venue: Room 809, 8th Floor Building No.3, Waseda Campus, Waseda University

    Abstract: This talk presents several studies that apply facial recognition technology to study the relationship between emotions and economic decision making. The topics reviewed are the following. (1) We consider the relationship between fear and overall positivity of emotional state with risk taking. (2) We report on the correlation between overall emotional state, happiness, sadness, and donations to charity. (3) We study the emotional correlates of behavior in the ultimatum bargaining game.