研究者情報 | 神奈川大学

ナカニシ　ハヤト Nakanishi Hayato 中西　勇人所属神奈川大学経済学部経済学科/現代ビジネス学科職種助教
言語種別	英語
発行・発表の年月	2017/03
形態種別	学術雑誌
査読	査読あり
標題	Quasi-experimental evidence for the importance of accounting for fear when evaluating catastrophic event.
執筆形態	単著
掲載誌名	Empirical Economics
掲載区分	国外
出版社・発行元	Springer
巻・号・頁	52(2),pp.869-894
概要	This study examines the importance of accounting for rare but catastrophic events even if the probability of occurrence is extremely low, which is often ignored when expected utility is considered. To provide empirical evidence for this, we present the land price change related to the Japanese government's report on the damage of catastrophic earthquakes and tsunamis whose probability of occurrence is extremely low. While this relationship has been studied in previous research, there are some notable shortcomings. Firstly, the control of the attributes between the treatment group, namely the land in the area where information is updated, and the control group is insufficient. Secondly, the link between rational behavior and the estimation result is not established enough. This study addresses these two points and updates the findings in this regard.
DOI	https://doi.org/10.1007/s00181-016-1084-6