We present results from a survey conducted in December 2011, in order to see if introduction of Demeny voting system will have the desired have effect of addressing gerentocracy. We have identified several facts from the survey that provides a positive answer to this question. We found that...

We look at cumulative innovations and the protection of basic research which does not carry stand-alone commercial values in an international setting. Due to the complementarity of the innovations, we ・d that for some parameter range, technology leading countries do not always prefer the...

We give and over view of the Japanese 4th Science and Technology Basic Plan, 1 April 2011 - 31 march 2016, focusing on the four major challenges: recovery & revitalization from earthquake disasters, green innovation, life innovation, and science, technology and innovation system reform. Then we...

The birth rate in Japan remains lower than the target rate. Both the population size and composition by age mean an increase in the number of elderly people and a decrease in the number of young workers. - We should squarely address the essential problem inherent in the current voting system,...

We develop a framework to examine how a standard evolves when a standard consortium or firm (incumbent) innovates either to improve the standard or to strengthen the installed base, which increases switching costs. Both investments make it more difficult for another firm (entrant) to introduce a...

We study the role of liability rules in the case of nuclear accidents by the Tokyo Electric Power Company (TEPCO), such as the accident after the East Kanto Earthquake in Japan. We re-examine the claim that the absolute or unlimited liability is the best under actual situations. For example,...

We present a framework to examine how a standard evolves when a standard consortium or a firm (incumbent) innovates either to improve the standard or to strengthen installed base which increases switching cost. Both investments make it more difficult for another firm (entrant) to introduce a...