Updated on 2023/05/28


Faculty of Commerce, School of Commerce
Job title
Associate Professor


  • Petersberg's Paradox Revisited

    Akio Hoshino

      ( 116 ) 34 - 45  2021.09

    Authorship:Lead author, Last author, Corresponding author

  • Impact of Automated Driving Technology on Japanese Automobile Insurance Market

    Akio Hoshino

    The Korean-Japanese Journal of Economics and Management Studies   92   123 - 141  2021.09  [Refereed]

    Authorship:Lead author, Last author, Corresponding author

  • 「A Study of Risk Preference: The Shape of Utility Functions for Three Different Types of Risk.」

    Akio Hoshino

    Journal of International Trade and Insurance   22 ( 4 ) 75 - 90  2021.09  [Refereed]

    Authorship:Lead author, Last author, Corresponding author

  • Psychology of Insurance Customers : How Contemplation on Insurance Provokes Procrastination

    Journal of insurance   72   167 - 194  2020

  • 新型自動車保険TAP開発について

    星野 明雄

    損害保険研究   61 ( 1 ) 95 - 135  1999.05

    Authorship:Last author, Corresponding author


Books and Other Publications

  • 保険商品開発の理論

    星野 明雄( Part: Sole author)

    保険毎日新聞社  2022.01 ISBN: 9784892934452



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  • Faculty of Commerce   Graduate School of Accountancy

Research Institute

  • 2022

    Research Institute of Business Administration   Concurrent Researcher

Internal Special Research Projects

  • リスク選好理論のフレームワーク構築と選好度の定量的評価


     View Summary

    This study proposes a framework to explainpeople's risk preferences in a consistent manner and aims to quantitativelyevaluate risk preferences using this framework. The framework divides risk into threecategories: pure risk, speculative risk, and lottery risk. This explains theseemingly contradictory mix of risk-averse preferences for insurance andrisk-loving preferences for lotteries. The research plan is to conduct multiplesurveys over a two-year period and to measure the risk premium for each of thethree categories. This year's objectives were (1) to examinethe design of the survey, particularly the ease of understanding the survey questions by respondents,(2) to verify the validity of the method by conducting the first round of the survey,and (3) to obtain 1,000 valid responses.As of the end of March, (1) to (3) above progressedas expected. In FY2023, we plan to analyze the dataobtained from the first survey and measure the risk premium, design and conductthe second and subsequent surveys, analyze the data, and publish the results inforeign or domestic journals.