Research Interests
Finance, Market microstructure, Agent-based finance
Academic Degrees
- Ph.D., Brandeis Universty, 2006
Short Bio
Professor Yamamoto is a Professor in School of Political Science and Economics at Waseda University. Professor Yamamoto previously taught in Department of International Business at National Chengchi University in Taiwan for seven years before joining Waseda University in 2013. His research currently focuses on empirical market microstructure and agent-based finance in stock markets. His research attempts to clarify possible causes of several macroeconomic phenomena observed in actual stock markets, such as bubbles and bursts. He also investigates conditions that certain trading strategies, such as high-frequency trading, benefit and cost the market. He highlights the importance of strategic interactions among stock investors for the explanations. Technical analysis and empirical investigations on the efficient market hypothesis that utilize the order-book data on the Tokyo Stock Exchange are also his research interests.