Akihiko Matsui


B.A., Economics, University of Tokyo, 1985.

Graduate Program, Economics, University of Tokyo, 1985-1987.

Graduate Program, Managerial Economics and Decision Sciences, Northwestern University, 1987-2000.

Ph.D., Managerial Economics and Decision Sciences, Northwestern University, 1990.

Adviser: Itzhak Gilboa

Dissertation Title: Cooperative Behavior in Noncooperative Games

Professional Experiences

Assistant Professor, Department of Economics, University of Pennsylvania, 1990-1994.

Associate Professor, Department of Policy and Planning Sciences, University of Tsukuba, 1994-2001 (joint appointment with University of Tokyo, 1998-2001).

Associate Professor, Faculty of Economics, University of Tokyo, 1998-2002.

Professor, Faculty of Economics, University of Tokyo, 2002-present.


Ouchi Hyoe Prize (B.A. thesis), 1985.

Fulbright Scholarship, 1987-1989.

W.P. Carey Term Chair, University of Pennsylvania, 1990-1993.

Nikkei Book Award, 2003.

JSPS (Japan Society for Promotion of Science) Prize, 2006.

Japan Academy Medal, 2006.

Nakahara Prize, 2007.

Fellow, Econometric Society, 2008-.

Publications (refereed journals)

Tetsuo Yamamori, Kazuhiko Kato, and Akihiko Matsui, “When You Ask Zeus a Favor:  The Third Party’s Voice in a Dictator Game,” Japanese Economic Review, forthcoming.

Tetsuo Yamamori, Kazuhiko Kato, Toshiji Kawagoe, and Akihiko Matsui, “Voice Matters in a Dictator Game,” Experimental Economics, vol.11, 336-343, 2008.

Akihiko Matsui, “A Theory of Man as a Creator of the World,” Japanese Economic Review, vol.59, 19-32, 2008.

Akihiko Matsui and Daisuke Oyama, “Rationalizable Foresight Dynamics,” Games and Economic Behavior, vol.56 pp.299-322, 2006.

In-Koo Cho and Akihiko Matsui, “Time Consistency in Alternating Move Policy Games,” Japanese Economic Review, vol.56, pp.273-294, 2005.

In-Koo Cho and Akihiko Matsui, “Learning Aspiration in Repeated Games,” Journal of Economic Theory, vol.124, pp.171-201, 2005.

Akihiko Matsui and Takashi Shimizu, “A Theory of Money and Market Places,” International Economic Review, vol.46, pp.35-59, 2005.

Kimberly Katz and Akihiko Matsui, “When Trade Requires Coordination,” Journal of the Japanese and International Economies, vol. 18, pp.440-461, 2004.

Roger Lagunoff and Akihiko Matsui, “Organizations and Overlapping Generations Games: Memory, Communication, and Altruism,” Review of Economic Design, vol. 8, pp.383-411, 2004.

Akihiko Matsui and Masahiro Okuno-Fujiwara, “Evolution and the Interaction of Conventions,” Japanese Economic Review, vol. 53, pp.141-153, 2002.

Cesar Martinelli and Akihiko Matsui, “Policy Reversals and Electoral Competition with Privately Informed Parties,” J.Pub.Econ.Th., vol.4 39-61, 2002.

Roger Lagunoff and Akihiko Matsui, “Are `Anti-Folk Theorems’ in Repeated Games Nongeneric?” Review of Economic Design, vol. 6, pp.397-412, 2001.

Akihiko Matsui and Andrew Postlewaite, “Specialization of Labor and the Distribution of Income,” Games and Economic Behavior, vol. 33, pp.72-89, 2000.

Akihiko Matsui, “Expected Utility and Case-Based Reasoning,” Mathematical Social Sciences, vol.39, pp.1-12, 2000.

Mamoru Kaneko and Akihiko Matsui, “Inductive Game Theory: Discrimination and Prejudices,” Journal of Public Economic Theory, vol.1, 101-137, 1999.

Akihiko Matsui, “Strong Currency and Weak Currency,” Journal of the Japanese and International Economies, vol. 12, 305-333, 1998.

Roger Lagunoff and Akihiko Matsui, “Sequential Games in Repeated Coordination Games,” Econometrica, vol.65, 1467-77, 1997.

Akihiko Matsui, “On Cultural Evolution: Social Norms, Rational Behavior, and Evolutionary Game Theory,” Journal of the Japanese and International Economies, vol.10, pp.262-294, 1996.

Fumio Hayashi and Akihiko Matsui, “A Model of Fiat Money and Barter,” Journal of Economic Theory, vol.68, pp.111-132, 1996.

Roger Lagunoff and Akihiko Matsui, “Evolution in Mechanisms for Public Projects,” Economic Theory, vol.6, pp.195-223, 1995.

Akihiko Matsui  and Kiminori Matsuyama, “An Approach to Equilibrium Selection,” Journal of Economic Theory, vol.65, pp.415-434, 1995.

In-Koo Cho and Akihiko Matsui, “Induction and the Ramsey Policy,” Journal of Economic Dynamics and Control, vol.19, pp.1113-1140, 1995.

Akihiko Matsui, “La Teoria de Juegos Evolutiva: Desarrollo Teorico y Algunas Aplicaciones,” Cuadernos Economicos de ICE, vol.60, 1995 (translated into Spanish).

Kiminori Matsuyama, Nobuhiro Kiyotaki, and Akihiko Matsui, “Toward a Theory of International Currency,” Review of Economic Studies, vol.60, pp.283-307, 1993.

Akihiko Matsui, “Best Response Dynamics and Socially Stable Strategies,”Journal of Economic Theory, vol.57, pp.343-362, 1992.

Itzhak Gilboa and Akihiko Matsui, “A Model of Random Matching,” Journal of Mathematical Economics, vol.21, pp.185-197, 1992.

Akihiko Matsui, “Cheap-Talk and Cooperation in a Society,” Journal of Economic Theory, vol.54, pp.245-258, 1991.

Itzhak Gilboa and Akihiko Matsui, “Social Stability and Equilibrium,” Econometrica, vol.59, pp.859-867, 1991.

Akihiko Matsui, “Consumer Benefited Cartels under Strategic Capital Investment Competition,” International Journal of Industrial Organization, vol.7, pp.451-470, 1989.

Akihiko Matsui,“Information Leakage Forces Cooperation,” Games and Economic Behavior, vol.1, pp.94-115, 1989.

Other Publications


Mikurokeizaigaku: Senryakuteki Apurochi (Microeconomics: a Strategic Approach) (joint with Atsushi Kajii), Nihon Hyoronsha, 2000.

Kanshu-to Kihan-no Keizaigaku (Economics of Conventions and Norms), Toyo-keizai Shinposha, 2002.

Suk-no Naka-no Onnanoko (A Girl in the Souk) (illustrator: Sudopiu), PHP Editors’ Group, 2004.

Mukogishi-no Agora (An Agora on the other side of the Ocean) (illustrator: Kiyomi Maruyama) Keiso-Shobo, 2007.