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Masahiko AokiJapanese economist
Date of Birth: 01.04.1938
Country:  Japan |
Content:
- Early Life and Education
- Academic Career
- Professional Affiliations
- Research Contributions
- Editorial Work
- Awards and Honors
- 1990: Prize of the Japan Academy
Early Life and Education
Masahisa Fujita was born in Japan. He earned his bachelor's degree in 1962 and a master's degree in 1964 from the University of Tokyo. In 1967, he received his Ph.D. from the University of Minnesota.
Academic Career
From 1969 to 1984, Fujita taught at Kyoto University. He became a professor at Kyoto University in 1977 and at Stanford University in 1984.
Professional Affiliations
Fujita was a member of the Econometric Society since 1981 and the American Economic Association since 1967. He served as Vice-President of the Japanese Economic Association in 1994 and President from 1995 to 1996. From 2008 to 2011, he was President of the International Economic Association.
Research Contributions
Fujita's research focused on the concept of I-firm, which he defined as a coalition of employees and owners. He analyzed horizontal information management structures and hierarchy, and criticized the Modigliani-Miller hypothesis in the context of Japanese firms.
Editorial Work
From 1987, Fujita served as Editor-in-Chief of the "Journal of the Japanese and International Economies." From 1997, he also became an Associate Editor of the journal.
Awards and Honors
Fujita received numerous awards for his contributions to economics:1971: Nikkei Prize in Economics for "Economic Theory of Organization and Planning"
1985: Suntory Prize for Political Science and Economics for "Cooperative Game Theory of the Firm"
