Research Director: Fuhito Kojima
(Professor, Department of Economics, The University of Tokyo)
Research Term: Oct 2023 - Mar 2029
Grant Number: JPMJER2301

The recent development of market design has allowed us to design institutions for various resource allocation problems. However, compared to its great potential, the number of successful practical applications is still limited because a highly versatile general theory has not been established and rigorous evaluation of policy effects is often unavailable.
This project aims to address these issues. We pursue a unified theory of resource allocation that integrates insights from traditional economics and market design. We develop a cycle that puts the theory into practice and then feeds the empirical evidence back into the theory. In doing so, we establish a broadly applicable theory of market design and engineering methods for implementing scientifically designed institutions.

Research Groups

- Economic theory group
- Empirical economics group
- Computer science group
- Discrete mathematics group
- Implementation group

Project Headquarters