Masahiko AOKI


Phone: 650-723-3975
Fax: 650-725-5702

Masahiko Aoki is the Henri and Tomoye Takahashi Professor of Japanese Studies and Professor of Economics, Emeritus, and Senior Fellow of Stanford Institute of Economic Policy Research (SIEPR) and Freeman Spogli Institute for International Studies (FSI) at Stanford University. His preferred field covers institutional analysis, corporate governance, East Asian economies.

Aoki's most recent book, Corporations in Evolving Diversity: Cognition, Governance, and Institutions, derived from his 2008 Clarendon Lectures, was published in 2010 by Oxford University Press. It identifies a variety of corporate architcture as discrete systems of associational-cognition, with respectively distinct corporate governance structures, as well as institutionalized modes of interactions with society, polity and financial markets. His previous book, Toward a Comparative Institutional Analysis, published in 2001 by MIT Press, laid a foundation for game-theoretic conceptual and analytical framework for comparative institutional studies. His research has also been published in leading journals in economics, including the American Economic Review, Econometrica, the Quarterly Journal of Economics, Review of Economic Studies, the Journal of Economic Literature, Industrial and Corporate Change, the Journal of Economic Behavior and Organizations. Representative articles are collected in his Selected Papers of Masahiko Aoki published in 2013 by Edwrd Elgar.

Aoki was President of the International Economic Association (2008~2011) and responsible for the organizatin of its XVI-th World Congress held in Beijing in 2011, to which the collection of invited lectures was published in four volumes by Palgrave MacMillan. He also served as President of the Japanese Economic Association (1995-96). He is a Fellow and a former member of the Council of the Econometric Society. He was awarded the Japan Academy Prize in 1990 and the 6th International Schumpeter Prize in 1998. Between 2001 and 2004, Aoki served as the President and Chief Research Officer (CRO) of the Research Institute of Economy, Trade and Industry (RIETI) in Japan .

Aoki graduated from the University of Tokyo with a BA and an MA in economics and earned a Ph.D. in economics from the University of Minnesota in 1967. He was formerly an assistant professor at Stanford University and Harvard University and served as both an associate and full professor at the University of Kyoto before re-joining the Stanford faculty in 1984.  He held visited positions at major academic institutions in China, Germany, Japan, Sweden and the UK. He became Professor Emeritus at Stanford University in 2005 to concentrate on research as well as be engaged in various international activities.

Recent articles:

Strategies and Public Propositions in Games of Institutional Change: Theory and Comparative Historical Cases
A Comparative Institutional Analysis of the Fukushima Nuclear Disaster Lessons and Policy Implications