Research

publications

1. Reference Points, Risk-Taking Behavior, and Competitive Outcomes in Sequential Settings
   Masaya Nishihata and Suguru Otani
   Forthcoming in Journal of Risk and Uncertainty.
   [PDF] | [arXiv]

2. Inequalities in Student Learning and Screen Time Due to COVID-19: Evidence from Japan
   Masaya Nishihata and Yohei Kobayashi
   Journal of the Japanese and International Economies, 71, 101304, March 2024.
   [PDF] | [Data/Code] | [RIETI DP]

3. Heterogeneous Peer Effects by Gender, Task, and Monetary Incentive: Evidence from Speed Skating
   Masaya Nishihata
   Southern Economic Journal, 89(1), 62–89, July 2022.
   [PDF] | [Read Only] | [Data/Code] | [SSRN]

4. Conditional GMM Estimation for Gravity Models
   Masaya Nishihata and Taisuke Otsu
   Economics Bulletin, 40(2), 1106–1111, April 2020.
   [PDF]

Japanese Article

1. The Relationships Between Female Employment and Firm Performance Taking Biases in Reporting into Account
   情報開示を考慮した女性活躍推進と企業業績の関係
   Masaya Nishihata and Isamu Yamamoto
   Economic Analysis (経済分析), 201, 1–16, February 2021.
   [PDF]

working papers

1. Nudging Automatic Debit for Property Tax: Evidence from Two Natural Field Experiments
   Masaya Nishihata, Yohei Kobayashi, and Takayuki Ishikawa
   RIETI Discussion Paper Series 26-E-023, March 2026.
   [PDF]

2. Team for Speed: Nonparametric Evidence on Heterogeneous Skill-Specific Affinity in Team Production
   Masaya Nishihata and Suguru Otani
   arXiv:2512.21460, December 2025.
   [PDF]

3. The Long Shadow of Superstars: Effects on Opportunities, Careers, and Team Production
   Masaya Nishihata
   arXiv:2511.07218, November 2025.
   [PDF]

4. Does Sending Teachers Abroad Enhance Their Quality and Ability?
   Masaya Nishihata, Hidenori Tahara, and Yohei Kobayashi
   RIETI Discussion Paper Series 23-E-055, July 2023.
   Revision requested by Education Economics.
   [PDF]

works in progress

• Survey experiment project

• Laboratory experiment project

presentations

1. The 19th Annual Conference, Association of Behavioral Economics and Finance
   Waseda University, Tokyo, Japan, December 2025.

2. The 18th Annual Conference, Association of Behavioral Economics and Finance
   Ritsumeikan University, Osaka, Japan, December 2024.

3. The 19th Applied Econometrics Conference
   The University of Tokyo, Tokyo, Japan, November 2024.

4. The 26th Experimental Social Science Conference
   Waseda University, Tokyo, Japan, November 2023.

5. The 25th Labor Economics Conference
   Online, September 2022.

6. The 22nd Labor Economics Conference
   Osaka University, Osaka, Japan, October 2019.

awards

1. Encouragement Award
   The 19th Annual Conference, Association of Behavioral Economics and Finance

2. Encouragement Award
   The 18th Annual Conference, Association of Behavioral Economics and Finance