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Agricultural Economics Lab
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The lab uses quantitative analysis to explore economic disparities in agriculture from the perspectives of imperfect competition and policy.

AboutAbout the lab
Exploring fair, free competition through quantitative economic analysis
The Agricultural Economics Lab studies economic problems and policy issues arising from the characteristics of agriculture and imperfections in market mechanisms, from the perspective of international industrial organization.
The lab holds that the main causes of economic disparities in agriculture are imperfect competition, in which either sellers or buyers gain excessive price-bargaining power, and excessive market intervention by governments at home and abroad.
Holding that it is important to realize fair, free competition by appropriately combining market functions and policy, the lab investigates the causes and solutions using quantitative economic analysis tools.
Key terms
- Imperfect competition
- A market condition in which either sellers or buyers have excessive price-bargaining power, making free competition difficult
- International industrial organization
- A field of economics that studies competition among firms and how markets work, including international trade
- Quantitative economic analysis
- A method of examining how the economy works and the effects of policies numerically, using data and models
ResearchResearch themes
The lab investigates the causes of, and solutions to, economic disparities in agriculture from the perspective of realizing fair, free competition. It analyzes imperfect competition and agricultural and trade policy using quantitative economic analysis tools.
*Illustrative imageMarket Imperfections and Bargaining Power
The lab studies imperfections in market mechanisms that hinder fair, free competition. It focuses on imperfectly competitive markets where price-bargaining power is skewed between sellers and buyers of agricultural products and agricultural inputs.
*Illustrative imageEffects of Agricultural and Trade Policy
With the keywords policy effects, institutional design, and evidence-based policymaking, the lab examines the effects and proper form of agricultural and trade policy.
*Illustrative imageDeveloping Economic Models for Analysis
To make it possible to analyze market imperfections and policy effects quantitatively, the lab develops economic models. Its keywords are imperfect competition models and quantitative economic analysis.
*Illustrative imageApplied Research on Rice, Beef, and Dairy Products
This is applied research on rice, beef, and milk and dairy products. The lab examines agricultural and livestock product markets using quantitative economic analysis.
MembersFaculty
The Agricultural Economics Lab consists of faculty members, master's students, and undergraduates.As of 2026
- ProfessorKoshi Maeda
- Associate ProfessorKoya Takahashi
VoicesStudent voices
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Report an errorAbout the images
The top and research theme images are illustrative and were not taken at the lab. They are cropped from Wikimedia Commons images. Cropped CC BY-SA images are provided under the same CC BY-SA license as the original (version shown on each line).
- Top image: “Pulham Market, Semere Lane, Public footpath over agricultural land - geograph.org.uk - 6445159” Michael Garlick / CC BY-SA 2.0 (cropped)
- Market Imperfections and Bargaining Power: “Grand Prairie May 2019 29 (Grand Prairie Farmers Market)” Michael Barera / CC BY-SA 4.0 (cropped)
- Effects of Agricultural and Trade Policy: “Tilbury Grain Port and Silos - geograph.org.uk - 2091922” Ashley Dace / CC BY-SA 2.0 (cropped)
- Developing Economic Models for Analysis: “New York Stock Exchange Broad Street facade” Jakub Hałun / CC BY 4.0 (cropped)
- Applied Research on Rice, Beef, and Dairy Products: “2023 Wisconsin State Fair 62 (Wisconsin Products Pavilion--Dairy Products Contest Winners)” Michael Barera / CC BY-SA 4.0 (cropped)
- Related lab (Mathematical Modeling Lab): “Top supercomputers at universities in the United States” Wikideas1 / CC0 (cropped)
- Related lab (Forest Chemistry Lab): “Conifer resin from Agathis lanceolata (New Caledonia, southwestern Pacific Basin) )” James St. John / CC BY 2.0 (cropped)
- Related lab (Agrarian Question Lab): “Landscape and Farmland Adamawa State Nigeria” Ifeatu Nnaobi / CC BY-SA 4.0 (cropped)
- Related lab (Forest Policy Lab): “005 Logging industry in New Zealand - tree trunk piles, timber logs stockpile” Marek Ślusarczyk (Tupungato) Photo portfolio / CC BY 3.0 (cropped)
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