NAKATA Hiroyuki
(Professor/Division of Environmental Studies)
Department of International Studies/Financial Economics, Microeconomic Theory
Career Summary
1992: Graduated from Faculty of Economics (Kyoto University)
1992: Sumitomo Bank
2000: IBJ-DL Financial Technology
2001: Received PhD in Economics from Stanford University
2003: Lecturer (University of Essex)
2012: Project Researcher (University of Tokyo)
2012: Fellow (Research Institute of Economy, Trade and Industry)
2014: Senior Lecturer (University of Leicester)
2016: Associate Professor (University of Leicester)
2019: Professor (University of Tokyo)
Educational Activities
Graduate school: Foundations of Development Financial Economics, Topics in Development Finance
Research Activities
I have been studying the economics of uncertainty both theoretically and empirically - in particular, the roles of insurance and finance and social welfare measures in situations such as catastrophes and extreme crises in which definitive predictions are hardly possible and as a result beliefs are diverse.
Literature
1) Nakata, H. (2007): A Model of Financial Markets with Endogenously Correlated Beliefs, Economic Theory, 30, 431-452.
2) Nakata, H. (2013): Welfare Effects of Short-sale Constraints under Heterogeneous Beliefs, Economic Theory, 53, 283-314.
3) Sawada, Y., H. Nakata and T. Kotera (2017): Self-production and risk sharing against disasters: Evidence from a developing country, World Development, 94, 27-37.
Other Activities
American Economic Association
Econometric Society
Royal Economic Society
Research Institute of Economy, Trade and Industry, Senior Fellow (Specially appointed)
Future Plan
Research on uncertainty inherently attracts interests from various disciplines. I am aiming at furthering research with policy implications both theoretically and empirically through collaborations with researchers from various fields.
Messages to Students
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