Subject: 2nd Decentralization Conference in Japan

Dear Professor Theodore Groves:

I am pleased to announce that the 2nd Decentralization Conference in Japan is to be held at Osaka University, on September 21. The conference is organized by Osaka School of International Public Policy. There will be no registration fee..... I would be delighted if you could find that our conference would be exciting and participants would surely have a fruitful time.

Sincerely yours,

Ken-Ichi Shimomura

The 2nd Decentralization Conference in Japan

will be held on September 21, Saturday, 10:20pm-5:30pm

at Osaka School of International Public Policy (OSIPP)

Osaka University, Toyonaka Campus

The conference intends to cover the field of Microeconomics in a broad sense, including not only highly theoretical topics in games, social choice, economic dynamics, general equilibrium, but also applications to contract theory, international economics, public economics, urban economics, labor economics, financial economics, and industrial organization.

The local organizing ( and program) commmittee includes:

Toshihiko Hayashi, Shoichi Royama, Yoshizo Hashimoto, Hisakazu Matsushige, Ken-Ichi Shimomura (OSIPP),

Masatoshi Yamada, Kenzo Abe, Ken Urai (Faculty of Economics, Osaka University),

Tatsuyoshi Saijo, Hideshi Itoh (Institute of Social Economic Research, Osaka University),

Ryo-ichi Nagahisa (Kansai University),

Kazuo Nishimura, Haruo Imai, Hiroshi Osano, Takatoshi Tabuchi (Kyoto University),

Shinji Ohseto (Ritsumeikan University)

Program

Morning Sessions 10:20am-0:00pm

Session 1

"Endogenous Growth and Intellectual Property Rights"

Yoshio IIDA (OSIPP)

"Rate-of-Return Regulation, Price-Cap Regulation, and Quality"

Yukihiro KIDOKORO(Osaka University, Institute of Social Economic Research)

Session 2

"Full Characterizations of Public Owenership Solutions"

Naoko YOSHIHARA (Osaka University, Institute of Social Economic Research)

"Strategy-Proof Cost Sharing for an Excludable Public Project"

Shinji OHSETO (Ritsumeikan University, Department of Economics)

Afternoon Sessions 1:20pm-3:00pm

Session 3

"Moral Hazard and Side Trade in Agency Contracts"

Shingo ISHIGURO (Nanzan University, School of Business Administration)

Hideshi ITOH (Osaka University, Institute of Social Economic Research)

"Consistency of Social Wefare Functions and Dictatorship"

Manabu TODA (Tokyo Keizai University, Department of Economics)

Session 4

"Explaining the Japanese Industrial Policy: A Case in the Semiconductor Industry"

Tetsuo KITANI (Industrial Bank of Japan)

"Organizational Entry Deterrence"

Koichi FUTAGAMI (Ritsumeikan University, Department of Economics)

Makoto OKAMURA (University of Florida, Dapartment of Economics/ Kobe City University of Foreign Studies)

Tetsuya SHINKAI (Ritsumeikan University, Department of Economics)

Invited Seminars 3:30pm-5:30pm

"Individual Interpretations of Society based on Experiences"

Mamoru KANEKO (with Akihiko Matsui) (Tsukuba University, Institute of Socio-Economic Panning)

"Decentralization in Law and International Politics"

Koichi HAMADA (Yale University, Economic Growth Center)

Reception Party 6:00pm-8:00pm

Speech of Welcome

Toshihiko HAYASHI (Dean, OSIPP)

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