Professor in Economics
University of Glasgow
Research interests: Microeconomic Theory
Book manuscript
  • Microeconomic Theory for the Social Sciences, Version 1_2, August 2015. Link to pdf --- Still preliminary. Comments are welcomed.

Working papers
  • Christopher P. Chambers and Takashi Hayashi, Can everyone benefit from innovation? June 2017. Link to pdf
  • Christopher P. Chambers and Takashi Hayashi, Can everyone benefit from economic integration? February 2017. Link to pdf
  • Takashi Hayashi and Michele Lombardi, Temporary implementation, October 2016. Link to pdf --- Previously circulated as "Sequential implementation without commitment."
  • Takashi Hayashi and Norio Takeoka, Internal conflict and self-control in endogenous preference formation, March 2015. Link to pdf
  • Takashi Hayashi, Fair education, March 2015. Link to pdf
  • Takashi Hayashi, Decentralizability and responsibility under unequal skills, July 2014. Link to pdf 
  • Takashi Hayashi and Hisayuki Yoshimoto, Risk- & regret-averse bidders in sealed-bid auctions, December 2011. Link to pdf
Book Publication
  1. Takashi Hayashi, General Equilibrium Foundation of Partial Equilibrium Analysis, Palgrave Macmillan, August 2017. Link

Publication in Refereed Journals
  1. Ken Urai and Takashi Hayashi, A generalization of continuity and convexity conditions for correspondences in economic equilibrium theory, Japanese Economic Review, Vol. 51, No. 4 , Dec. 2000. Link
  2. Takashi Hayashi, Quasi-stationary cardinal utility and present bias, Journal of Economic Theory, Vol. 112, Issue 2, Oct. 2003, 343-352. Link
  3. Takashi Hayashi, Intertemporal substitution, risk aversion and ambiguity aversion, Economic Theory, Vol. 25, No. 4, June 2005, 933-956. Link
  4. Christopher P. Chambers and Takashi Hayashi, Preference aggregation under uncertainty: Savage vs. Pareto, Games and Economic Behavior, Vol 54, Issue 2, February 2006, 430-440. Link
  5. Takashi Hayashi, Regret aversion and opportunity dependence, Journal of Economic Theory, Volume 139, Issue 1, March 2008, 242-268. Link
  6. Takashi Hayashi, A note on small income effects, Journal of Economic Theory, Volume 139, Issue 1, March 2008, 360-379. Link
  7. Thibaut Gajdos, Takashi Hayashi, Jean-Marc Tallon and Jean-Christophe Vergnaud, Attitude toward imprecise information, Journal of Economic Theory, Volume 140, Issue 1, May 2008, 27-65. Link
  8. Takashi Hayashi and Ryoko Wada, Choice with imprecise information: an experimental approach, Theory and DecisionVolume 69, Number 3, September 2010, 355-373. Link
  9. Takashi Hayashi, Stopping with anticipated regret, Journal of Mathematical Economics, Volume 45, Issues 7-8, 20 July 2009, 479-490. Link
  10. Takashi Hayashi and Toyotaka Sakai, Nash implementation of competitive equilibria in the job-matching market, International Journal of Game Theory, Volume 38, Number 4, November 2009, 453-467. Link
  11. Christopher P. Chambers and Takashi Hayashi, Bayesian consistent belief selection, Journal of Economic Theory, Volume 145, Issue 1, January 2010, Pages 432-439. Link
  12. Takashi Hayashi, Context dependence and consistency in dynamic choice under uncertainty: the case of anticipated regret, Theory and Decision, Volume 70, Number 4, April 2011, 399-430. Link
  13. Takashi Hayashi and Jianjun Miao, Intertemporal substitution and recursive smooth ambiguity preferences, Theoretical Economics, Volume 6, Issue 3, September 2011, 423-472. Link
  14. Christopher P. Chambers and Takashi Hayashi, Money metric utilitarianism, Social Choice and Welfare, October 2012, Volume 39, Issue 4, pp 809-831. Link
  15. Takashi Hayashi, Imprecise information and subjective belief, International Journal of Economic Theory (a special issue in honor of Lionel McKenzie), Volume 8, Issue 1, March 2012, 101-114. Link
  16. Christopher P. Chambers and Takashi Hayashi, Choice and individual welfare, Journal of Economic Theory, Volume 147, Issue 5, September 2012, Pages 1818–1849. Link
  17. Takashi Hayashi, Expanding state space and extension of beliefs,Theory and Decision, Volume 73, Issue 4, 2012, Page 591-604. Link
  18. Takashi Hayashi, Smallness of a commodity and partial equilibrium analysis, Journal of Economic Theory, Volume 148, Issue 1, January 2013, Pages 279-305. Link 
  19. Christopher P. Chambers and Takashi Hayashi, Preference aggregation with incomplete information, Econometrica, Volume 82, Issue 2, pages 589–599, March 2014. Link
  20. Takashi Hayashi, Consumer surplus analysis under uncertainty: a general equilibrium perspective, Journal of Mathematical EconomicsVolume 55, December 2014, Pages 154–164. Link
  21. Takashi Hayashi, Consistent updating of social welfare functions, Social Choice and WelfareMarch 2016, Volume 46, Issue 3, pp 569-608. Link
  22. Christopher P. Chambers and Takashi Hayashi, Gains from trade, International Economic Review, August 2017, Volume 58, Issue 3, Pages 923–942. Link
  23. Christopher P. Chambers and Takashi Hayashi, Resource allocation with partial responsibilities for initial endowments, International Journal of Economic Theory, Volume 13, Issue 4, December 2017, Pages 355-368. Link 
  24. Christopher P. Chambers and Takashi Hayashi, Reverse Bayesianism: A Comment, forthcoming in American Economic Journal: Microeconomics. Link to pdf 
  25. Takashi Hayashi and Michele Lombardi, Implementation in partial equilibrium, Journal of Economic Theory, Volume 169, May 2017, Pages 13–34. Link
  26. Takashi Hayashi, Self-fulfilling regression and statistical discrimination, forthcoming in International Journal of Economic TheoryLink to pdf
  27. Takashi Hayashi and Michele Lombardi, Fair social decision under uncertainty and belief disagreements, forthcoming in Economic Theory. Link


Japanese Page:日本語のページ。拙著『ミクロ経済学』の誤字修正があります。