Conference on Institutions, Markets, and Market Quality - In Honor of Professor Makoto Yano on the occasion of his retirement from Kyoto University - IEFS Japan Annual Meeting 2017 Organizing Committee: Kazuo Nishimura (Kobe University), Fumio Dei (Kobe University), Masato Yodo (Kyoto University) and Koji Ito (Kyoto University) March 8, Thursday at Yamauchi Hall of Shiran Kaikan, Kyoto University ◇ Registration Open ◇ 12:30~ ◇ Opening Address ◇ 13:00~13:10 Opening Address, Satoshi Mizobata (Kyoto University) ◇ Session 1 ◇ Chair: Yoichiro Higashi (Okayama University) 13:10 ~13:40 Presentation, Youngsub Chun (Seoul National University) “Kidney Exchange with Immunosuppressants” 13:40~14:10 Presentation, Takayuki Oishi (Meisei University) “Intermediary Organizations in Labor Markets” ◇ Session 2 ◇ Chair: Naoto Jinji（Kyoto University） 14:20~14:50 Presentation, Yuichi Furukawa (Chukyo University) “Novelty Seeking as a Market Infrastructure for Innovation and Economic Growth” 14:50~15:20 Presentation, Yu Awaya (University of Rochester) “Communication and Cooperation in Repeated Games” 15:20~15:50 Presentation, Yoichi Sugita (Hitotsubashi University) “Wage Markdowns and FDI Liberalization” ◇ Session 3 ◇ Chair: Ryo Miyata (Ryukyu University) 16:00~16:30 Presentation, Atsumasa Kondo (Shiga University) “Deflation, Population Decline and Sustainability of Public Debt” 16:30~17:00 Presentation, Takakazu Honryo (University of Mannheim) “Strategic Stability of Equilibria in Multi-Sender Signaling Games” ◇ Session 4 ◇ Chair: Makoto Hanazono (Nagoya University) 17:10~17:40 Presentation, Taiji Furusawa (Hitotsubashi University) “Relationship Specificity, Market Thickness and International Trade” 17:40~18:10 Presentation, Harrison Cheng (University of Southern California) “Implications of Speculation in Auctions” 18:10~18:40 Presentation, Krishnendu Dastidar (Jawaharlal Nehru University) “Incompetence, corruption, welfare and quality of products” ◇ A Social Gathering ◇ 19:00~21:00 at Restaurant Shiran March 9, Friday at Yamauchi Hall ◇ Registration Open ◇ 9:00~ ◇ Session 5 ◇ Chair: Saul Estrin (London School of Economics) 9:30~10:00 Presentation, Fumihiko Matsuda (Kyoto University) “The Nagahama Prospective Cohort for Comprehensive Human Bioscience” 10:00~10:30 Presentation, Shigeru Hirota (Cabinet Office, Government of Japan) “Formation of a Society from the Viewpoint of Alcohol Consumption” ◇ Session 6 ◇ Chair: Masahiro Sato (Tohoku University) 10:40~11:10 Presentation, Saul Estrin (London School of Economics) “The Economic Effects of Brexit on FDI into the UK” 11:10~11:40 Presentation, Satoshi Mizobata (Kyoto University) “Evolution of Innovation Policy and Market/Government Quality in Russia” 11:40~12:10 Presentation, Jeff Nugent (University of Southern California) “What Can We Learn about the Employment Effects of Labor Market Deregulation from Hypothetical Questions to Firms” ◇ Lunch Break (12:10～13:30) ◇ Session 7 ◇ Chair: Harrison Cheng (University of Southern California) 13:30~14:00 Presentation, Kazuo Nishimura (Kobe University) “Two-sided Altruism and Time Inconsistency” 14:00~14:30 Presentation, Takashi Kamihigashi (Kobe University) “Optimal Cycles in the Dechert-Nishimura Model with Time to Build” ◇ Session 8 ◇ Chair: Kazuo Nishimura (Kobe University） 14:40~15:10 Presentation, Eden S. H. Yu (Chu Hai College of Higher Education, Hong Kong) “Inventions, Scientific research and Economic Growth” 15:10~15:40 Presentation, Ma Yan (Kobe University) “Innovation, Growth and the Distribution of Human Capital” ◇ Session 9 ◇ Chair: Takayuki Tsuruga (Osaka University) 15:55~16:25 Presentation, Rui Ota (Yokohama City University) “Endogenous Price Leadership and Setup Cost Reduction” 16:25~16:55 Presentation, Yuya Takahashi (Johns Hopkins University) “Competition in a Differentiated Product Market with Personal Pricing” ◇ Special Session ◇ Chair: Saul Estrin (London School of Economics) 17:10~17:20 Introduction, Jeff Nugent (University of Southern California) 17:20~18:10 Presentation, Makoto Yano (Kyoto University) “High Quality Markets - A Prerequisite for an Innovative Society” ◇ Closing Address ◇ 18:10~18:30 Closing Address, Fumio Dei (Kobe University, Founding President, IEFS Japan) Symposium in Honor of Professor Makoto Yano on the occasion of his retirement from Kyoto University (in Japanese) March 10, Saturday at Clock Tower Centennial Hall, 1st Floor, Kyoto University 13:30 – 17:00 Symposium (in Japanese) Party in Honor of Professor Makoto Yano on the occasion of his retirement from Kyoto University March 10, Saturday at Clock Tower Centennial Hall, 2nd Floor, Kyoto University 17:30– 19:30 Party Venue Conference (March 8-9): Yamauchi Hall, Shiran Kaikan A Social Gathering (March 8): Restaurant Shiran Party (March 10): Centennial Hall, Clock Tower, 2F .