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The University of Tokyo Economic Consulting (UTEcon) and ITOKI CORPORATION develop new solution “Reserve Any” to solve meeting room shortage by using market design
The University of Tokyo Economic Consulting Inc. (Head office: Bunkyo-ku, Tokyo; CEO: Yosuke Kawaharata; hereinafter referred to as UTEcon) a provider of consulting services based on academic knowledge in economics, accounting, and business administration, and ITOKI CORPORATION (Head office: Chuo-ku, Tokyo; President: Koji Minato; hereafter “Itoki”) announce the development of “Reserve Any,” a next-generation meeting room reservation system, as a new solution to minimize inefficient use of meeting rooms and improve productivity of the entire organization while promoting behavioral change in office workers and achieving overall optimization. The chronic shortage of meeting rooms in offices is an issue without fundamental solutions. In recent years, along with an expansion of hybrid……
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Nissin Foods Holdings Co., Ltd. utilizes UTEcon Product “GEM App”.
The “GEM App (Gender Equality Measurement Application),” a data product developed by the University of Tokyo Economic Consulting Inc. (CEO: Yosuke Kawaharata; hereinafter referred to as UTEcon) is used to analyze wage differences between men and women at Nissin Foods HD (President and CEO: Kouki Ando; hereafter refer to as Nissin Foods HD). The GEM App is a tool that provides solutions to help companies determine if there is a gender pay gap in their company, understand the causes, and take necessary action. In the 76th Annual Securities Report, Nissin Foods HD conducted a multifaceted analysis that controlled for variables such as grade, age, tenure, department, and working hours using……
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Aucnet Circulation-oriented Distribution Lab published a serial report No.5/6 “Institution to solve resource allocation problems and VCG mechanism (Part 1 / Part 2)”.
The University of Tokyo Economic Consulting Inc.(UTEcon) is participating as a partner in the Aucnet Circulation-oriented Distribution Lab, an in-house laboratory established by AUCNET INC.(Head office: Minato-ku, Tokyo; President and CEO: Shinichiro Fujisaki; hereafter “Aucnet”) No.5/6 reports of “Circulation-based Distribution from an Economics Perspective,” a series of reports by our company, have been published in the “Aucnet Circulation-based Distribution Lab. UTEcon Advisor Shunya Noda(Lecturer at Graduate School of Economics, The University of Tokyo and Project Manager at UTMD) discusses “More Complex Resource Allocation and the VCG Mechanism as a Solution” . External link to Circulation-based Distribution from an Economics Perspective: Vol. 5 “Institutions to Solve Resource Allocation Problems and the……
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UTEcon and Mizuho Bank were commissioned to conduct the “Measurement of Property Management Status Using Account Information” for the Association of Real Estate Agents of Japan.
UTEcon, together with Mizuho Bank, Ltd., has been commissioned by the the Association of Real Estate Agents of Japan (FRK) to conduct the “Measurement of Property Management Status Using Account Information”. In this project, using the account deposit data for each condominium management association obtained from Mizuho Bank, we measured the monthly deposit history for 1,257 properties and constructed a model to predict the “ideal” (i.e., average) deposit amount based on property attributes (e.g., area, age of building). By applying this model to the attribute information of individual condominiums and the account deposit data aggregated for each condominium, the difference (excess or deficiency) between the actual deposit amount and the……
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UTEcon was contracted by the Japan Pension Investment Fund (GPIF) to conduct an analysis of the effectiveness of the GPIF’s engagement.
UTEcon was contracted by the Japan Pension Investment Fund (GPIF) to conduct an analysis of the “Effects of Engagement” and collaborated with the GPIF to analyze 26,792 engagements, totaling 48,077 themes, conducted by 21 GPIF domestic equity funds from FY2017 to FY2022. The effects of the engagement were verified by applying the causality method using records of engagement conducted by the 21 GPIF domestic equity funds from FY2017 to FY2022. Note that there is no prior study that has conducted an exhaustive analysis of such a large number of funds and dialogues. The results of the analysis showed that the dialogue on climate change showed improvements in corporate value indicators……
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UTEcon develops “Used Car Market Price Index” with AUCNET
The University of Tokyo Economic Consulting Inc. (Head office: Bunkyo-ku, Tokyo; CEO: Yosuke Kawaharata; hereinafter referred to as UTEcon) a provider of consulting services based on academic knowledge in economics, accounting, and business administration, announces the development of the “Used Car Market Price Index” with AUCNET INC.(Head office: Minato-ku, Tokyo; President and CEO: Shinichiro Fujisaki; hereafter “Aucnet”). This is the first initiative in Japan to visualize an index of used car market prices. Development Background UTEcon has provided various support to Aucnet, including the development of a new auction system, utilizing its academic knowledge in economics and other fields. As the economic perspective expands into the circular economy, we……
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Nikkei-UTEcon Consumables Market Forecast Released March 2024 Edition.
Nikkei-UTEcon Consumables Market Forecast Released March 2024 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released February 2024 Edition.
Nikkei-UTEcon Consumables Market Forecast Released February 2024 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released January 2024 Edition.
Nikkei-UTEcon Consumables Market Forecast Released January 2024 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released December 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released December 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released November 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released November 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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UTEcon Has Conducted Economic Analyses for Japan Fair Trade Commission’s “Ex Post Evaluation Report on the Actual Trade Conditions in School Uniforms”
Tokyo, October 24, 2023 – UTokyo Economic Consulting Inc. (Head Office in Bunkyo-ku, Tokyo, Japan; CEO Yos Kawaharata; hereinafter “UTEcon”), a consulting firm providing insights based on academic knowledge in economics, accounting, business administration, and other fields, announces that it has conducted economic analyses of the “Ex Post Evaluation Report on the Actual Trade Conditions in School Uniforms” (hereinafter “Ex Post Evaluation Report”) released on October 23, 2023 by Japan Fair Trade Commission (hereinafter “JFTC”). In November 2017, JFTC released its “Investigation Report on the Actual Trade Conditions of Uniforms at Public Junior High Schools” (hereinafter “2017 Report”) and recommended initiatives JFTC expects from schools and other entities with respect……
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Nikkei-UTEcon Consumables Market Forecast Released October 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released October 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released September 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released September 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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Nikkei-UTEcon Consumables Market Forecast Released August 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released August 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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UTokyo Economic Consulting (UTEcon) Updates “Nikkei-UTEcon Daily Economic Indicator” to add indicators by industry and region
Tokyo, August 1, 2023 — UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan, announced today that it has updated its service “Nikkei-UTEcon Daily Economic Indicator” utilizing the Nikkei article data, which is provided by Nikkei Inc. (Nikkei), to add indicators by industry and region that can decompose the daily economic indicator. Nikkei-UTEcon Daily Economic Indicator is an economic indicator which is suitable for a quick understanding of Japan’s economic trends, of which algorithm has been developed by UTokyo Economic Consulting Inc. from the article data of the Nikkei morning edition. Academic expertise and knowledge in natural language processing, macroeconomics etc. is applied in the development of Nikkei-UTEcon……
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Nikkei-UTEcon Consumables Market Forecast Released July 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released July 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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SEP Update Released June 2023 Edition.
SEP UPDATE RELEASED June 2023 EDITION! Every other Federal Open Market Committee (FOMC) meeting, the Federal Reserve System (Fed) publishes the “Summary of Economic Projections (SEP),” illustrating the FOMC members’ forecasts of key macroeconomic variables over the next three years. The SEP is an important piece of information on the future direction of U.S. monetary policy and attracts a great deal of attention from market participants. The SEP contains projections of five variables—GDP growth, unemployment, inflation, core inflation, and the FF rate—in annual frequency over the next three years and their long-run values. However, some market participants might be interested in projections of other macroeconomic and financial variables and quarterly……
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Nikkei-UTEcon Consumables Market Forecast Released June 2023 Edition.
Nikkei-UTEcon Consumables Market Forecast Released June 2023 Edition! UTEcon analyzes the Nikkei POS data and provides monthly sales forecasts. You can utilize the service for revising manufacturing plan, specifying growing markets etc. There are five characteristics. 217 categories and a wide range of consumer goods Forecasts are made for each of the 217 categories (referred to as “Large categories” in Nikkei POS Information) of 36 genres of consumer goods provided by Nikkei POS data. High Forecasting Accuracy In about 70% of the categories, the average annual error rate is within 15%. Monthly updates and forecasts up to 6 months ahead Updated monthly to forecast sales per thousand customers up to……
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UTokyo Economic Consulting(UTEcon) Launches “GEM App” – Diagnostic tool to determine if and why there is a gender wage gap in your company
TOKYO, November 14, 2022 – UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan based on expertise in economics and related fields, announced today that it has launched a new service “GEM App” It helps companies measure if there is a gender wage gap in their organizations, understand the causes, and take necessary actions. In 2022, the Japanese government has announced that it will impose a mandatory disclosure of the gender wage gap for companies with 301 or more regular workers. “GEM App” provides an application that estimates the gender wage gap by controlling basic attributes so that each company can confirm the existence of the gender wage……
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UTokyo Economic Consulting (UTEcon) Launches “SEP Update” – US macroeconomic and financial forecasts based on the FRB/US model –
TOKYO, September 30, 2022 – UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan based on expertise in economics and related fields, announced today that it has launched a new service “SEP Update.” It offers macroeconomic projections for US economy using a publicly available version of the FRB/US model, a macroeconomic model frequently used within the Federal Reserve System (Fed) for policy analysis. Every other Federal Open Market Committee (FOMC) meeting, the Fed publishes the “Summary of Economic Projections (SEP),” illustrating FOMC members’ forecasts of key macroeconomic variables over the next three years. The SEP is an important piece of information on the future direction of US monetary……
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UTEcon has released ”SEP Update”, a report of U.S. economic forecasts using the FRB/US model.
■What is the “SEP Update”? Every other FOMC meeting, the Fed publishes the “Summary of Economic Projections (SEP),” illustrating the FOMC members’ forecasts of key macroeconomic variables over the next three years. The SEP is an important piece of information on the future direction of U.S. monetary policy and attracts a great deal of attention from market participants. The SEP contains projections of five variables—GDP growth, unemployment, inflation, core inflation, and the FF rate—in annual frequency over the next three years and their long-run values. However, some market participants might be interested in projections of other macroeconomic and financial variables and quarterly fluctuations in these variables. Our “SEP Update” provides……
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Event
UTEcon hosted a webinar titled “Data Innovation and Competition” on December 9, 2021.
UTokyo Economic Consulting Inc. hosted a webinar titled “Data Innovation and Competition” on Thursday, December 9, 2021.It was a lively webinar with many participants. We would like to thank all the participants and the speakers. The video of the webinar can be viewed here.(YouTube) https://youtube.com/playlist?list=PL1gq426MqonN10–kHMPCNUbYB_fxbwSZ The following are some of the comments we received through a survey of webinar participants. “There was a comprehensive coverage of topics, and I found it to be quite informative.” “I was impressed by the fact that policymakers openly communicate with firms during the formation of rules and regulations to maximize the effectiveness of governance. I think this kind of governance would play a positive……
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UTEcon has released a report titled “The Role of Data in the Retail Industry: An Economic Assessment”
UTokyo Economic Consulting Inc. has released a report titled “The Role of Data in the Retail Industry: An Economic Assessment” on December 8, 2021. The report was commissioned by Amazon Japan G.K. Title: “The Role of Data in the Retail Industry: An Economic Assessment” Summary: Data collection and usage enable businesses to make better decisions. Data usage by firms has the potential to promote competition by reducing the search costs faced by consumers, which in turn leads to lower prices and greater consumer welfare. In this report, we examine how these benefits are realized in the retail industry, while addressing concerns that data accumulation by firms could create entry barriers……
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Event
December 9, 2021,9:00(JST), UTEcon will hold a seminar “Data Innovation and Competition”.
“Data Innovation and Competition” Hosted by UTokyo Economic Consulting Inc. Supported by KEIDANREN (Japan Business Federation) Managed by KEIDANREN Business Services The recent accelerated digitalization has generated much attention toward how accumulation and utilization of data contributes companies to build business models and enhances their competitiveness. This is a key question from various perspectives including competition policy and law. Wide ranging stakeholders in Japan and abroad have involved in the quite active discussions on this topic. In addition, we need to build better governance various stakeholders from both public and private sectors participate in, to implement societal innovations brought by complex and rapidly changing advanced technologies such as big data……
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Expert
UTEcon Senior Economist Atsuko Izumi presented a research paper at the ADB-PRC MOF joint seminar.
UTEcon Senior Economist Atsuko Izumi presented a research paper at the ADB-PRC MOF joint seminar on September 29, 2021. This paper was prepared through an ADB research project, and its title is “Digitalization, Platforms, and Market Structure in COVID-19 Recovery: Opportunities and Challenges for Micro, Small, and Medium-Scale Enterprises (MSMEs) in Asia”.
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UTokyo Economic Consulting (UTEcon) Launches “Nikkei-UTEcon Consumables Market Forecast”
TOKYO, November 8, 2021 — UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan based on academic knowledge in economics, accounting, business administration, and related fields, announced today that it has launched a new service “Nikkei-UTEcon Consumables Market Forecast,” utilizing The Nikkei POS, which is provided by Nikkei Inc. (Nikkei). Nikkei POS is Nikkei’s point-of-sales database service collected from supermarkets, convenience stores, and drugstores in Japan. Over 2.9 million consumable items as food and beverage, liquors, daily goods from 38 thousand manufacturers are covered. Nikkei POS collects over 1 billion receipts or 2 trillion Japanese Yen annually. UTEcon, established by the University of Tokyo in August, 2020, has……
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UTokyo Economic Consulting (UTEcon) signs Comprehensive Advisory Agreement with Aucnet
TOKYO, August 30, 2021 — UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan based on academic knowledge in economics, accounting, business administration, and related fields, announced today that it has signed a comprehensive advisory agreement with Aucnet Inc. (3964.T). Aucnet, since establishment in 1984, has provided transaction platforms for buyers and sellers in multiple countries in various areas as used cars, used motorcycles, flowers, used luxury brand items, used digital products, and used medical equipment, by focusing three elements: “information reliability”, “expertise in operations” and “unique systems.” Aucnet faces increasing needs to its business model, and intends to utilize academic expertise to provide more values to……
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Expert
Bloomberg introduced UTEcon expert Taisuke Nakata’s research paper.
Bloomberg introduced a research paper on monetary and fiscal policy co-authored by UTEcon technical advisor Taisuke Nakata (Associate Professor of Economics and Public Policy, the University of Tokyo) and Sebastian Schmidt (Economist in the Monetary Policy Research Division of the European Central Bank). https://www.bloomberg.com/news/articles/2021-06-24/public-spending-offers-way-out-of-low-inflation-ecb-study-shows An abstract in the American Economic Association. https://www.aeaweb.org/articles?id=10.1257/mac.20190228&&from=f A bulletin in European Central Bank. https://www.ecb.europa.eu/pub/economic-research/resbull/2021/html/ecb.rb210624~379f760e31.en.html
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Expert
UTEcon experts’ research papers have been published in The Japanese Economic Review.
UTEcon’s Chief Economist Daisuke Miyakawa (Associate Professor of Economics, Hitotsubashi University Business School (HUB)) and colleagues served as guest editors for Introduction to the special issue “Introduction to the Impacts of COVID-19 on the Japanese Economy,” which was published in The Japanese Economic Review. https://link.springer.com/article/10.1007/s42973-021-00082-y In addition, UTEcon’s advisor Shintaro Yamaguchi (Professor of Economics, University of Tokyo) and colleagues wrote a research papers, “Online learning during school closure due to COVID-19,” was also published in The Japanese Economic Review. https://link.springer.com/article/10.1007/s42973-021-00079-7
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Expert
UTEcon advisor Prof. Fuhito Kojima will present at the World Bank virtual seminar.
At 9 am (ET) / 10 pm (JST), Monday, June 7, UTEcon expert Fuhito Kojima (Professor in the Graduate School of Economics, the University of Tokyo, and Director of the University of Tokyo Market Design Center) will present at the World Bank’s YouTube virtual seminar “Market Design, Matching, and COVID-19”. To watch, please visit the following URL https://www.youtube.com/watch?v=Xr65SWATZMg More Info
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Expert
The research of UTEcon advisor Taisuke Nakata has been covered by multiple media.
An article citing research related to the related to the COVID-19 by UTEcon advisor Taisuke Nakata, Associate Professor of Economics and Public Policy, University of Tokyo, and colleague was covered by multiple media. ・Washington Post https://www.washingtonpost.com/world/asia_pacific/some-medical-experts-unconvinced-about-holding-tokyo-games/2021/03/30/f387dab8-9127-11eb-aadc-af78701a30ca_story.html ・ABC News https://abcnews.go.com/amp/Sports/wireStory/medical-experts-unconvinced-holding-tokyo-games-76763835 ・ESPN https://www.espn.com/olympics/story/_/id/31164291/some-medical-experts-not-convinced-safe-hold-tokyo-games
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TV Program Exposure
At 19:15 Feb. 16 JST, Shunya Noda, Assistant Professor of Vancouver School of Economics, the University of British Columbia, and Advisor of UTokyo Economic Consulting Inc., will be on air at Nikkei CNBC. Please stay tuned! 夜エクスプレス
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TV Program Exposure
At 19:15 Jan. 26 JST, Kensuke Kubo, Associate Professor in the Faculty of Business and Commerce, Keio University, and Chief Economist of UTokyo Economic Consulting Inc., will be on air at Nikkei CNBC. Please stay tuned! 夜エクスプレス
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