July 9, 2020
The recipients of the 2nd Hosoya Prize
1. Takuya Ishihara（Japan Society for the Promotion of Science）
Ishihara, T. (2020) Identification and estimation of time-varying nonseparable panel data models without stayers. Journal of Econometrics, 215(1), 184-208.
2. Masakazu Ishihara（New York University）
Venkatraman, V., Dimoka, A., Pavlou, P.A., Vo, K., Hampton, W., Bollinger B., Hershfield, H.E. Ishihara, M. and Winer, R.S. (2015). Predicting advertising success beyond traditional measures: new insights from neurophysiological methods and market response modeling. Journal of Marketing Research, 52(4), 2015, 436-452
Review comments
The two papers by Dr. Takuya Ishihara and Dr. Masakazu Ishihara conduct critical contributions in theory and application of statistics/data science, respectively, and we suggest to recommend both of the two for the 2nd Hosoya prize recipients.
Dr. Takuya Ishihara tries identification and estimation in non-separable panel data models. He derives the new identification condition that does not require the existence of stayers, i.e., units with the same regressor values in two time points, and proposes non-parametric as well parametric estimation under the identification condition. The paper summarizes the methods with the well-established asymptotic theories in a solid way, and the contributions in econometrics field are judged to be suitable for the prize.
Dr. Masakazu Ishihara employs a neurophysiological approach to better understand marketing phenomena. Using real sales dataset, he attempts to show that a measure by the neurophysiological approach works more effectively in advertising than traditional measure of marketing. The use of neurophysiological approach in marketing develops a pioneering and innovative data scientific approach in social sciences, which suits one of the aims of the prize to support applied work in broad areas of social sciences. .
Hosoya prize selection committee
Nobuhiko Terui (chair, Tohoku Univ.)
Kosuke Oya (Osaka Univ.)
Mototsugu Shintani (Univ. Tokyo)
Yasumasa Matsuda (Tohoku Univ.)
Peter M. Robinson (London School of Economics and Political Science)
Takashi Yamagata (Univ. York and Osaka Univ.)
Brief history of Takuya Ishihara
BA in Economics, Kyoto Univ. in 2015
PhD in Economics, Univ. Tokyo in 2020
JSPS research fellow since April, 2020.
Brief history of Masakazu Ishihara
B.S. in Economics-Mathematical Emphasis (University of Wisconsin-Madison, College of Letters & Science) in 2000,
Ph.D. in Marketing (University of Toronto, Rotman School of Management) in 2011,
Associate Professor of Marketing, New York University, Stern School of Business since 2018.
The 2nd Hosoya prize lecture by the recipients will be held in Nov. 2020 in Tohoku Univ. Details will be shown here soon.