研究拠点および研究会
| 日時 | 報告者 | タイトル | 備考 |
|---|---|---|---|
| 2026/2/2 (月) | 松下旦氏氏 (京都大学大学院情報学研究科および東京大学マーケットデザインセンター) | Conditional Value at Risk Maximizing Auctions | 月曜16:15~ 場所:経済学部セミナールーム(経済学部1号館2階) 対面開催 |
| 2025/12/22 (月) | 礫石恭伍氏 (一橋大学大学院) | Regulating Noncompetes in the Presence of No-Poaching Agreements: The Role of Firm-Sponsored Training | 月曜16:15~ 場所:経済学部セミナールーム(経済学部1号館2階) 対面開催 |
| 2025/12/1 (月) | 大波 隼颯氏 (横浜国立大学大学院先進実践学環) | 組織の権限移譲と事業部のモチベーション | 月曜12:10~ 場所:経済学部304ゼミ室 日本語での報告 |
| 2025/11/3 (月) | Yi Xin氏 (the Asia Competitiveness Institute (ACI),Lee Kuan Yew School of Public Policy) | Intra-Industry Trade and Job Creation: Evidence from the US-Singapore Free Trade Agreement | 月曜16:15~ 場所:経済学部セミナールーム(経済学部1号館2階) 対面開催 |
We study the Conditional Value at Risk (CVaR) of a risk-averse seller in independent private value (IPV) auctions. For single-item auctions, we show that the second-price auction with a reserve price maximizes CVaR. This result aligns with Myerson (1981) but differs in the optimal reserve price that depends on the confidence level of CVaR.
We found that the choice of reserve price plays a more important role under CVaR―the performance gap between the optimal auction and the second-price auction without a reserve in terms of CVaR is larger than the gap in expected revenue. For multi-item auctions, we use Dütting et al. (2019) framework to numerically simulate the CVaR-maximizing auction and compare its performance against that of the VCG mechanism without a reserve price.
The abstract: This paper examines the US-Singapore trade relationship and its impact on American employment. We show that since the inception of the US-Singapore Free Trade Agreement (USSFTA) in 2004, bilateral trade has been characterized by the rise of intra-industry trade, initially driven by advanced manufacturing and later dominated by professional services such as R&D. Using a shift-share econometric design, we estimate that the partnership has created more than 500,000 jobs across 32 advanced manufacturing and professional services sectors in the United States. These jobs are widely distributed across bipartisan congressional districts, with a significant share located in swing states and in districts represented on key committees overseeing trade, technology, and industrial policy. We also argue that these findings underscore a broader strategic point: such mutually beneficial, within-industry co-production partnerships not only create jobs but also reinforce competitiveness in a protracted contest for global primacy.
ynu.ac.jp)