Simulating fundamental tax reforms in an aging Japan

This paper studies in a quantitative way the macroeconomic and welfare effects of introducing progressive expenditure taxation, in a situation of the aging of the Japanese population. It undertakes a simulation analysis taking account of the general equilibrium effects of intragenerational inequality, which increases with a transition to an aging society. The simulation results suggest that progressive expenditure taxation has advantages over progressive labor income taxation on the grounds of efficiency and equity. Thus, a shift to progressive expenditure taxation can overcome the large welfare loss that would occur under the current tax system as Japan ages.     

Expatriate learning: exploring how Japanese managers adapt in the United States

We present an exploratory study of how Japanese expatriates adapt to working in the United States over time. We view expatriate adaptation to a host culture through the lens of Experiential Learning Theory and learning style. Results of two studies, using quantitative and qualitative data, conducted in Japanese multinational corporations doing business in the USA reveal how learning style in Japanese expatriates changes over time and how Japanese managers differ from their US counterparts. Results suggested that Japanese managers become more concrete and more active in their learning styles over time spent in the USA. Results also revealed that the learning style of expatriates changes in response to cultural demands and that the patterns of change do not necessarily reflect that of US managers. We suggest that Japanese managers do not directly assimilate into US culture but develop specialized modes of adaptation to their host culture. Results of the study are generalized into eight propositions to guide future research on expatriate adaptation to a host culture.     

Fertility,Intra‐Generational Redistribution,and Social Security Sustainability

Incorporating heterogeneity in preference to having children into an overlapping generations model of a small open economy, we examine the effects of changes in the size of pay‐as‐you‐go (PAYG) social security on fertility choices of individuals and population growth of the economy. It is shown that PAYG social security will raise population growth by increasing the number of individuals who have children and the number of children parents have if the system involves redistribution between retirees with different contributions, whereas, if it has no redistribution, PAYG social security does not affect the fertility decisions of individuals.     

The Nash bargaining solution in general n-person cooperative games

We present a noncooperative foundation for the Nash bargaining solution for an n-person cooperative game in strategic form. The Nash bargaining solution should be immune to any coalitional deviations. Our noncooperative approach yields a new core concept, called the Nash core, for a cooperative game based on a consistency principle. We prove that the Nash bargaining solution can be supported (in every subgame) by a stationary subgame perfect equilibrium of the bargaining game if and only if the Nash bargaining solution belongs to the Nash core.     

Endogenous Timing in Mixed Duopolies With Externality

We investigate endogenous timing in a mixed duopoly with a negative externality. We find that quantity (price) competition yields a simultaneous‐move (sequential‐move) outcome under a significant negative externality. These results indicate that mixed duopolies yield the same results as private duopolies under a significant negative externality, which is in sharp contrast to the results in mixed duopolies without a negative externality. Unless the negative externality is insignificant, public leadership yields greater welfare than private leadership, and public leadership is more robust than the private leadership as equilibrium. If optimal environmental tax policy is introduced, however, private leadership yields the greatest welfare and this an equilibrium outcome in the endogenous timing game under quantity competition.     

Cooperation and Institution in Games

Based on recent developments in non‐cooperative coalitional bargaining theory, I review game theoretical analyses of cooperation and institution. First, I present basic results of the random‐proposer model and apply them to the problem of involuntary unemployment in a labour market. I discuss extensions to cooperative games with externalities and incomplete information. Next, I consider the enforceability of an agreement as an institutional foundation of cooperation. I re‐examine the contractarian approach to the problem of cooperation from the viewpoint that individuals may voluntarily create an enforcement institution.     

Global early warning system for displaced persons: interlinkages of environment, development, peace and human rights

The work described here is based on the FUGI global modeling concept. Its development is termed the Global Early Warning System for Displaced Persons (GEWS). The paper explains 1) the scope and objectives of the current research: 2) the methodology employed; 3) the main features of the model; and 4) some case studies having to do with the Philippines and Thailand.     

Rice productivity improvement in Cambodia through the application of technical recommendation in a farmer field school

Innovation in rice (Oryza sativa) productivity improvement is a major goal for rice research. However, many studies have tended to analyse the various factors that affect productivity separately, while farmers invest their scare resources in farm inputs that impact on multiple factors in the real farm. This study assessed the effectiveness of integrated pest management practised during farmer field school (FFS) training in Cambodia on the production efficiencies, yields and profitability of rice farming. In total, 270 FFSs on rice cultivated in the early wet, wet and dry seasons were randomly selected from three provinces in 3 years to analyse the production practices and productivity using six cost-related factors: seed, planting methods, field management, fertilizer use, pesticide application and harvesting. It was found that yields and profits were significantly higher with the technically recommended practices (TRs) than with traditional farmer practices (FPs). However, the reverse was true for production costs due to the overuse of seed and pesticides in FP, neither of which are correlated with yield increase for both FP and TR. Thus, the FFS approach is a knowledge-intensive field management tool that enables the rational use of farm inputs and that is expected to be highly effective for sustainable rice production improvement.