Heretofore, I have been studying the cause of volatility in world economies and financial markets, devoting myself to theoretical works, and applying game theory to explain the cyclical dynamics of a given economy. Recently, I have been applying evolutionary game theory to bank competition models. What I am currently interested in is behavioral finance. To the extent of my knowledge, it encompasses two academic arenas: discovering new phenomena that cannot be explained by traditional financial theory, and providing theoretical explanations based on psychological biases to such phenomena. I am interested in the latter theoretical work. Finding the fundamental causes of these psychological biases seems particularly interesting.(Subject of research) Theoretical and empirical study on the changes in the lending behavior by banks Studies on investors' behavior in security markets: information activities, strategic behavior, and psychology. Study on the effect of investors' information strategies on the security price dynamics.
In this paper, we introduce grit and mindset research, two streams of research in psychology, and discuss their implications for labor productivity improvement and their application to behavioral economics. In grit research, grit is defined as "pe...
Sophia University