Saturday 13 Oct. 2018, we organize a workshop at the University of Tokyo on
Future research in the history of financial behaviour
VENUE:東京大学本郷キャンパス国際学術総合研究棟515 教室
Seminar Room 515, International Academic Research Bldg., Hongo Campus, UTokyo
MAP：https://www.u-tokyo.ac.jp/campusmap/cam01_01_07_j.html
This workshop explores potential directions for research in the history of financial behaviour. Although concerned with behaviour over the long run, we will focus our discussions on the bubbles of 1719/20. The bubbles of 1719/20 are frequently described as the first international financial crisis and hence have become a marker for discussion of the nature of crisis, its origins and the ways that authorities respond to speculative episodes. 1719/20 research has long been dominated by debates over the (ir)rationality of investor behaviour. We seek to challenge this view from historical perspective. The forthcoming tercentenary of the bubbles in 2020 provides momentum for new research and increased interest in the history of speculation and offers the opportunity to engage critically with the myths and misconceptions that surround speculative episodes; We are particularly interested in establishing what aspects of the speculative episodes require rethinking (for example, the use of labels such as irrational, fraud and deception) and what are the remaining gaps in our empirical knowledge. The workshop will bring together scholars from different disciplines to discuss how we can usefully combine disciplinary approaches to better understanding financial behaviour.
Programme
9.30 – 9.40 Welcome by Tetsuji Okasaki, University of Tokyo
9.40 – 9.45 Introduction to the theme of workshop Koji Yamamoto, University of Tokyo
9.45 – 10.30 Shinsuke Satsuma, Hiroshima University
The South Sea Company and British Policy towards Spanish America in
the First Half of the Eighteenth Century’
10.30 – 11.15 Anne L. Murphy, University of Hertfordshire
What was a stockjobber?
11.15 – 11.30 Coffee break
11.30 – 12.15 Tim Johnson, Heriot-Watt University
Science and Finance: The Role of the Idea of Genius in Bubble Formation
12.15 – 13.00 Helen Paul, University of Southhampton
Case studies of individual investment in the South Sea Bubble
13.00 – 14.30 Lunch
14.30 – 15.15 Koji Yamamoto, University of Tokyo
Beyond Rational and Irrational Bubbles: A Case of James Brydges the
Duke of Chandos
15.15 – 16.00 Aaron Graham, University College London
Bounded rationality, ‘bounded morality’, and financial behaviour in the
South Sea Bubble
16.00 – 16:15 Coffee break
16.15 – 17:00 Inger Leemans, Vrije Universiteit Amsterdam
The Amsterdam Stock Exchange as Affective Economy
17.00 – 18.00 Comments & discussion led by Tetsuji Okazaki and Makoto Kasuya
18.00 – 18.45 On-site Reception
This workshop is funded by:
CIRJE
Center for International Research on
the Japanese Economy
March 23 & 24, 2017 – Amsterdam Workshop of the Global Knowledge Society project.
