− 2022 −

• Matthias Raddant, Hiroshi Takahashi:Interdependencies of female board member appointments, International Review of Financial Analysis, 2022.(with Raddant, M.) *(to appear) Link 1 2
• Jiansen Zhao, Hiroshi Takahashi: Construction of a news classification system related to information security incidents, In Agents and Multi-Agent Systems: Technologies and Applications 2022, Springer, Singapore, pp. 125-133, 2022.
• Nozomi Tamagawa, Hiroshi Takahashi: System for Analyzing Innovation Activities in Mergers and Acquisitions by Measuring Technological Distance, In Agents and Multi-Agent Systems: Technologies and Applications 2022, Springer, Singapore, pp. 135-146, 2022.
• Kazuya Morimatsu, Hiroshi Takahashi: How Can We Make the Best Use of Intellectual Capital? Building an Analysis System Through Agent-Based Models, In Agents and Multi-Agent Systems: Technologies and Applications 2022, Springer, Singapore, pp. 147-157, 2022.
• Takamasa Kikuchi, Masaaki Kunigami, Hiroshi Takahashi, Takao Terano: A Customer Experience Mapping for Knowledge Extraction from Social Simulation Results, In Agents and Multi-Agent Systems: Technologies and Applications 2022, Springer, Singapore, pp. 159-168, 2022.
• Tomonori Uchiyama, Hiroshi Takahashi: Announcement effects of dividend increases and share repurchases: Evidence from the Japanese market, JFA-PBFJ (Japan Finance Association-Pacific-Basin Finance Journal) Special Issue Conference, 2022.3.15.* (Online)
• Haruna Okazaki,　Hiroshi Takahashi, Nowcasting of Corporate Research and Development trends through news article analysis by BERTopic: the case of Japanese electric company, the 2nd International Conference on Electrical, Computer, Communications and Mechatronics Engineering (ICECCME 2022), the IEEE Conference Proceedings, 2022.*(to appear)

− 2021 −

• Yoshihiro Nishi, Aiko Suge, Hiroshi Takahashi: Construction of a News Article Evaluation Model Utilizing High-Frequency Data and a Large-Scale Language Generation Model, SN Business & Economics, 1, 104, pp.1-18, 2021.(with Nishi, Y., Suge, A., Takahashi, H.) Link 12
• Matthias Raddant, Hiroshi Takahashi:Corporate boards, interorganizational ties and profitability, Empirical Economics, 2021. (with Raddant, M.) Link 1 2
• Masaaki Kunigami, Takamasa Kikuchi, Hiroshi Takahashi, Takao Terano: A Customer Experience Mapping Model for Business Case Description of Innovation and Value Co-creation, In: Jezic G., Chen-Burger, J., Kusek, M., Šperka, R., Howlett R.Jl, Jain, L.C.(eds) Agents and Multi-agent Systems: Technologies and Applications 2021. Smart Innovation, Systems and Technologies, vol 241. pp.255-264, Springer, 2021. *Link 1 2
• Zhiyan Chen, Yusuke Matsumoto, Aiko Suge, Hiroshi Takahashi: The Visualization of Innovation Pathway Based on Patent Data—Comparison Between Japan and America, In: Jezic G., Chen-Burger, J., Kusek, M., Šperka, R., Howlett R.Jl, Jain, L.C.(eds) Agents and Multi-agent Systems: Technologies and Applications 2021. Smart Innovation, Systems and Technologies, vol 241. pp.265-273, Springer, 2021. * Link 1 2
• Takashi Yonemura, Yusuke Matsumoto, Aiko Suge, Hiroshi Takahashi: Constructing a Decision-Making System Using Patent Document Analysis, In: Jezic G., Chen-Burger, J., Kusek, M., Šperka, R., Howlett R.Jl, Jain, L.C.(eds) Agents and Multi-agent Systems: Technologies and Applications 2021. Smart Innovation, Systems and Technologies, vol 241. pp.275-283, Springer, 2021. *Link 1 2
• Takamasa Kikuchi, Hiroshi Takahashi: Policy Simulation for Retirement Planning Based on Clusters Generated from Questionnaire Data, In: Jezic G., Chen-Burger, J., Kusek, M., Šperka, R., Howlett R.Jl, Jain, L.C.(eds) Agents and Multi-agent Systems: Technologies and Applications 2021. Smart Innovation, Systems and Technologies, vol 241. pp.285-298, Springer, 2021. *Link 1 2

− 2020 −

• Yoshihiro Nishi, Aiko Suge, Hiroshi Takahashi: News Articles Evaluation Analysis in Automotive Industry Using GPT-2 and Co-occurrence Network, In: Sakamoto, M., Okazaki,N., Mineshima, K., Satoh K. (eds) New Frontiers in Artificial Intelligence, Lecture Notes in Computer Science 12331, pp.103-114, 2020.
Link
• Akira Ota, Hiroshi Takahashi, Toshiyuki Kaneda: Factor Analysis of Office Rent in the Area Around Kanda Station Using Space Syntax Theory: A Comparison with an Analysis of Shibuya Station, In: Kaneda, T. (ed) Down Town Dynamics,Springer, pp 103-117, 2020.
Link
• Yoshihiro Nishi, Aiko Suge, Hiroshi Takahashi: Construction of News Article Evaluation System Using Language Generation Model., In: Jezic G., Chen-Burger J., Kusek M., Šperka R., Howlett R., Jain L. (eds) Agents and Multi-agent Systems: Technologies and Applications 2020. Smart Innovation, Systems and Technologies, vol 186. pp.313-320, Springer, 2020.*Link
• Shohei Fujiwara, Yusuke Matsumoto, Aiko Suge, Hiroshi Takahashi: Constructing a Valuation System Through Patent Document Analysis, In: Jezic G., Chen-Burger J., Kusek M., Šperka R., Howlett R., Jain L. (eds) Agents and Multi-agent Systems: Technologies and Applications 2020. Smart Innovation, Systems and Technologies, vol 186. pp.321-330, Springer, 2020.*Link
• Masaaki Kunigami, Takamasa Kikuchi, Hiroshi Takahashi, Takao Terano: A Formal, Descriptive Model for the Business Case of Managerial Decision-Making, In: Jezic G., Chen-Burger J., Kusek M., Šperka R., Howlett R., Jain L. (eds) Agents and Multi-agent Systems: Technologies and Applications 2020. Smart Innovation, Systems and Technologies, vol 186. pp.355-365, Springer, 2020.*Link
• Atsumi Nakamura, Hiroshi Takahashi: An Exploratory Study on Policy Evaluation of Tourism by using Agent-Based Model, In: Jezic G., Chen-Burger, J., Kusek, M., Šperka, R., Howlett R.Jl, Jain, L.C.(eds) Agents and Multi-agent Systems: Technologies and Applications 2021. Smart Innovation, Systems and Technologies, vol 241. pp.231-241, Springer, 2021.*Link 1 2

− 2019 −

• Takamasa Kikuchi, Yuji Tanaka, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Debriefing Framework for Business Games Using Simulation Analysis, in Fernando Koch, Atsushi Yoshikawa, Shihan Wang, Takao Terano(eds.), Evolutionary Computing and Artificial Intelligence ,Springer, pp.64-76, 2019.*
• Yusuke Matsumoto, Aiko Suge, Hiroshi Takahashi: Capturing Corporate Attributes in a New Perspective through Fuzzy Clustering, In: Kojima K., Sakamoto M., Mineshima K., Satoh K. (eds) New Frontiers in Artificial Intelligence, Lecture Notes in Computer Science, vol 11717. Springer, pp.19-33, 2019.*
• Takamasa Kikuchi, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Analysis of the Effect of Financial Regulation on Market Collapse Process in Financial Network, In: Jezic G., Chen-Burger YH., Kusek M., Šperka R., Howlett R., Jain L. (eds) Agents and Multi-agent Systems: Technologies and Applications 2019. Smart Innovation, Systems and Technologies, vol 148. pp.249-262, Springer, 2019.*

− 2018 −

• Takamasa Kikuchi, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Agent-based Simulation of Financial Institution’s Investment Strategy under Easing Monetary Policy on Operative Collapses, Journal of Advanced Computational Intelligence and Intelligent Informatics, 7, 22, pp.1026-1036, 2018.*
• Setsuya Kurahashi, Hiroshi Takahashi: Innovative Approaches in Agent-Based Modelling and Business Intelligence, Springer, 2018. LINK
• Hiroshi Takahashi: Information Technology and Finance, Innovative Approaches in Agent-based Modelling and Business Intelligence, Springer, pp.43-51, 2018.
• Hiroaki Jotaki, Yasuo Yamashita, Satoru Takahashi, Hiroshi Takahashi: Analyzing the Influence of Headline News on Credit Markets in Japan, Innovative Approaches in Agent-based Modelling and Business Intelligence, Springer, pp.77-93, 2018.
• Akira Ota, Gadea Uriel, Hiroshi Takahashi, Toshiyuki Kaneda:A Data Analysis Study on Factors of the Pedestrian Flows in Two Different Underground Malls Using Space Syntax Measures: Case Comparisons in Nagoya, Japan, Innovative Approaches in Agent-based Modelling and Business Intelligence, Springer, pp.77-93, 2018.
• Sungjae Yoon, Aiko Suge, Hiroshi Takahashi: Do News Articles Have an Impact on Trading? - Korean Market Studies with High Frequency Data-, LNAI, Springer,pp.129-139, 2018.*

− 2017 −

• Hiroaki Jotaki, Yasuo Yamashita, Hiroshi Takahashi: Predicting Corporate Bond Prices in Japan Using a Support Vector Machine, The Ninth International Conference on Information, Process, and Knowledge Management (eKnow2017), 2017.3.19-23.*
• Hiroaki Jotaki, Yasuo Yamashita, Hiroshi Takahashi, Takao Terano: Corroboration Effect of Current Net Earnings and Management’s Net Earnings Forecasts in Japan’s Corporate Bond Market, IEEE The 41th Annual International Computers, Software & Applications Conference, the 4th International workshop on Social Services through Human and Artificial Agent Models,2017.*
• Takamasa Kikuchi, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Simulation on the effect of financial regulation on stability of financial system and financial institution behavior, Social simulation conference 2017 (SSC 2017), 2017.9.25-29.*
• Fumio Oono, Hiroshi Takahashi, Takao Terano: Analyzing Corporate Sales Under an Environmental Regulation by Agent-Based Modeling, The 5th International Workshop on Advanced Computational Intelligence and Intelligent Informatics (IWACIII 2017), 2017.11.2-5.**
• Takamasa Kikuchi, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Analysis of the Influences of Negative Interest Rate on Operative Collapses of Financial Institutions Using Agent-Based Simulation, The 5th International Workshop on Advanced Computational Intelligence and Intelligent Informatics (IWACIII 2017), 2017.11.2-5.**
• Sungjae Yoon, Aiko Suge, Hiroshi Takahashi: Analyzing the influence of news articles on Korean stock market with high frequency trading data, International Workshop Artificial Intelligence of and for Business (AI-Biz2017) associated with JSAI International Symposia on AI 2017 (IsAI-2017), 2017.11.14.*
• Yuji Tanaka, Takamasa Kikuchi, Masaaki Kunigami, Takashi Yamada, Hiroshi Takahashi, Takao Terano: Classification of simulation results using log clusters in agent simulation, International Workshop Artificial Intelligence of and for Business (AI-Biz2017) associated with JSAI International Symposia on AI 2017 (IsAI-2017), 2017.11.14.*

− 2016 −

• Hiroshi TAKAHASHI: Analyzing the Influence of Indexing Strategies on Investors' Behavior and Asset Pricing through Agent-Based Modeling: Smart Beta and Financial Markets, G. Jezic, R. J. Howlett and L. C. Jain (eds.), Smart Innovation, Systems and Technologies, vol.58, pp.331-340, Springer, 2016.
• Keiichi GOSHIMA, Hiroshi TAKAHASHI: Text Analysis System for Measuring the Influence of News Articles on Intraday Price Changes in Financial Markets, G. Jezic, R. J. Howlett and L. C. Jain (eds.), Smart Innovation, Systems and Technologies, vol.58, pp.341-348, Springer.2016.
• Keiichi Goshima, Hiroshi Takahashi: Quantifying news tone to analyze the Tokyo Stock Exchange with deep learning. Security Analysis Journal, 54(3), 76-86, 2016.

− 2015 −

• Hiroshi TAKAHASHI: Analyzing the Influence of Diversity of Investment Strategies on Financial Markets through Social Simulation, Asia-Pacific Social Simulation Workshop 2015, 2015.**(Invited Talk)
• Hiroshi TAKAHASHI: Analyzing the Influence of Market conditions on Financial Markets through Social Simulation, 9th International KES Conference on Agents and Multi-agent Systems – Technologies and Applications (Multitheme Conference Smart Digital Futures), 2015.6.17-19.* (Sorrento, Italy)
• Keiichi Goshima, Hiroshi TAKAHASHI, Takao Terano: Estimating financial words' negative-positive from stock prices, 21st Computing in Economics and Finance, 2015.*(Taipei, Taiwan)
• Hiroshi TAKAHASHI: Analyzing the validity of smart beta in financial markets through agent-based modeling, IEEE The 39th Annual International Computers, Software & Applications Conference, the 2nd International workshop on Social Services through Human and Artificial Agent Models, 2015.7.1-5.* (Taichung, Taiwan)(to appear)

− 2014 −

• Hiroshi Takahashi: Analyzing the validity of passive investment strategies under financial constraints, , Shu-Heng Chen, Takao Terano, Ryuichi Yamamoto, and Chung-Ching Tai (Eds.), Advances in Computational Social Science: The Fourth World Congress, Agent-Based Social Systems, vol. 11, Springer, pp.123-138, 2014..* DOI 10.1007/978-4-431-54847-8_9
• Hiroshi TAKAHASHI: Analyzing the Efficacy of Passive Investment Strategies through Agent-Based Modelling: Overconfident Investors and Investors with Better Predictive Power, G.Jezic et al.(eds.), Agent and Multi-Agent Systems: Technologies and Applications, Advances in Intelligent Systems and Computing vol. 296, pp.203-212, Springer, 2014.

− 2013 −

• Hiroshi TAKAHASHI: Analyzing the influence of dispersion of fundamentalists' valuations on the effectiveness of passive investment strategy under financial constraints, International Journal of Intelligent Systems Technologies and Applications, No.2, vol.12, pp.111-127, 2013.*
• Hiroshi TAKAHASHI: Analyzing the influence of value at risk on financial markets through agent-based modeling, International Journal of Knowledge-Based and Intelligent Engineering Systems, No.4, vol.17, pp.257-266, 2013.*
• Yasuo YAMASHITA, Hiroaki JOHTAKI, Hiroshi TAKAHASHI: Analyzing the Influence of Head-Line News on the Stock Market in Japan, International Journal of Intelligent Systems Technologies and Applications, No.3/4, vol. 12, pp.328-342, 2013.*

− 2012 −

• An Analysis of the Influence of dispersion of valuations on Financial Markets through agent-based modeling, International Journal of Information Technology & Decision Making, 2012.*(to appear)Link
• Hiroshi Takahashi: Analyzing the validity of passive investment strategies under financial constraints, 4th World Congress on Social Simulation(WCSS2012), 2012.* (to appear)

− 2011 −

• Hiroshi Takahashi, Satoru Takahashi and Takao Terano: Analyzing the Validity of Passive Investment Strategies Employing Fundamental Indices through Agent-Based Simulation, J. O’Shea, Ngoc Thanh Nguyen, Keeley Crockett, Robeert J. Howlett, Lakhmi C. Jain(Eds.), Agent and Multi-Agent Systems: Technologies and Applications, Lecture Note in Artificial Intelligence 6682, Springer-Verlag, pp.180-189, 2011. *
• Hiroshi Takahashi, Satoru Takahashi and Takao Terano: Analyzing the influence of fundamental indexing through inverse simulation analysis, SICE International Conference, 2011.09.13-18.* (to appear)
• Takao Terano, Setsuya Kurahashi, Kenichi Yoshida, Kazuhiko Tsuda, Hiroshi Takahashi, and Masakazu Takahashi: Implementing Social Service Software for Public Urban Decisions of a Local City, the 20th Annual Frontiers in Service Conference, 2011.* (to appear)
• Yasuo Yamashita, Hiroshi Takahashi, and Takao Terano: Using Business Games to Learn Pension Investment where Liability is taken into Consideration, Quan Bai and Naoki Fukuta(eds.),Advances in Practical Multi-Agent Systems Studies in Computational Intelligence, 2011, Springer-Verlag, pp.233-249, 2011. *

− 2010 −

• Hiroshi TAKAHASHI: An Analysis of the Influence of Fundamental Values' Estimation Accuracy on Financial Markets, Journal of Probability and Statistics, vol. 2010, Article ID 543065, 2010.*Link
• Hiroshi TAKAHASHI: Clarification of the Price Fluctuation Mechanism in Financial Markets: Disparity in Forecast Accuracy among Investors and Asset Price Fluctuations, International Journal of Computer Applications in Technology, no.4, vol.38, pp.250-258, 2010.* *
• Hiroshi Takahashi, Takao Terano: Agent-Based Modeling Bridges Theory of Behavioral Finance and Financial Markets, Shu-Heng Chen, Yasushi Kambayashi, Hiroshi Sato (Eds.), Multi-Agent Applications with Evolutionary Computation and Biologically Inspired Technologies, Chapter 8, IGI Global, pp.134-154, 2010.
• Hiroshi Takahashi, Satoru Takahashi and Takao Terano: Analyzing the influence of fundamental indexation on financial markets through agent-based modeling, 3rd World Congress on Social Simulation(WCSS2010), 2010. *
• Yasuo YAMASHITA, Hiroshi Takahashi, and Takao TERANO: Learning a selection problem of investment projects and capital structure through business game，Intelligent Decision Technologies Journal, vol.4, pp.159-167, 2010.*

− 2009 −

• Satoru TAKAHASHI, Hiroshi Takahashi, and Kazuhiko TSUDA: Analysis of the effect of Headline News in Financial Market through Text Categorization, Int. J. of Computer Applications in Technology.*
• Yasuo Yamashita, Hiroshi Takahashi and Takao Terano: Learning a selection problem of investment projects and capital structure through business game, New Advances in Intelligent Decision Technologies, Springer-Verlag, pp.41-50, 2009.*
• Yasuo Yamashita, Hiroshi Takahashi, and Takao Terano: Using Business Games to Learn Pension Investment where Liability is taken into Consideration, The 12th International Conference on Principles of Practice in Multi-Agent Systems, The workshop on Multi-Agent Simulation in Finance and Economics (Nagoya, Japan), 2009.12.13-16.

− 2008 −

• Hiroshi Takahashi and Takao Terano: Analyzing the Influence of Overconfident Investors on Financial Markets through Agent-based Modeling, The 5th International Conference of Socionetwork Strategies and The 2nd International Conference of Policy Grid Computing 2008 ‘Social Agent Modeling and Computation for Policy Making’, proc. pp.137-147, 2008.*
• Yasuo Yamashita, Hiroshi Takahashi and Takao Terano: Development of the Financial Learning Tool through Business Game, Lecture Note in Computer Science, Springer-Verlag, 2008. *
• Yasuo Yamashita, Hiroshi Takahashi and Takao Terano: Approach to Learning Financial Theory through Business Gaming, 1th Japan-China Joint Symposium on Information Systems (JCIS 2008), 2008.4.3-5.*
• Hiroshi Takahashi and Takao Terano: Analyzing the Influence of Overconfident Investors on Financial Markets, International conference on Economic Science with Heterogeneous Interacting Agent(Poland), 2008.6.*
• Yasuo Yamashita, Hiroshi Takahashi and Takao Terano: Approach to Learning Financial Theory through Business Gaming, International Conference on Instrumentation, Control and Information Technology, 2008.8.20-22.*
• Hiroshi Takahashi and Takao Terano: Agent-Based Modeling Bridges Theory of Behavioral Finance and Financial Markets, Multi-Agent Applications for Evolutionary Computation and Biologically Inspired Technologies. (to appear)

− 2007 −

• Hiroshi Takahashi, Satoru Takahashi, and Takao Terano: Analyzing the Influences of Passive Investment Strategies on Financial Markets via Agent-Based Modeling, Bruce Edmonds, Cesário Hernándes, and Klaus Troitzsch(Eds.): Social Simulation Technologies: Advances and New Discoveries (Representing the best of the European Social Simulation Association conferences), Idea Group Inc., 2007.*
• Hiroshi Takahashi and Takao Terano: Analyzing the Micro-Macro Structure in Financial Markets through Agent-based Modeling, 4th Lake Arrowhead Conference on Human Complex Systems, 2007.*
• Hiroshi Takahashi and Takao Terano: Analyzing the Influence of Overconfident Investors on Financial Markets Through Agent-Based Model, Hujun Yin, Peter Tino, Emilio Corchado, Will Byrne and Xin Yao (Eds.): Intelligent Data Engineering and Automated Learning-IDEAL2007, Lecture Note in Computer Science 4881, Springer-Verlag, pp.1042-1052, 2007. *Link

− 2006 −

• Satoru TAKAHASHI, Hiroshi Takahashi, Masakazu TAKAHASHI and Kazuhiko TSUDA: Analysis of the Validity of Textual Data in Stock Market through Text Mining, WSEAS Transactions on Business and Economics, pp.310-315, 4, vol.3, 2006.
• Satoru Takahashi, Masakazu Takahashi, Hiroshi Takahashi and Kazuhiko Tsuda: Learning Asset Management Knowledge from Textual data of Analyst Report and Accounting Information through Text Mining, Web Based Communities 2006(WBC2006),2006.*
• Satoru TAKAHASHI, Hiroshi TAKAHASHI, Masakazu TAKAHASHI and Kazuhiko TSUDA: Analysis of the Validity of Textual Data in Stock Market through Text Mining,The 10th WSEAS International Conference, 2006.*
• Hiroshi Takahashi and Takao Terano: Emergence of Overconfidence Investor in Financial markets, The 5th International Conference on Computational Intelligence in Economic and Finance, 2006.*
• Satoru Takahashi, Hiroshi Takahashi, Masakazu Takahashi and Kazuhiko Tsuda: Analysis of Stock Return Using Textual and Numerical Data Through Text Mining, KES2006 10th International Conference on Knowledge-Based & Intelligent Information & Engineering Systems, 2006.*
• Takao Terano and Hiroshi Takahashi: Exploring Risks of Financial Markets through Agent-Based Modeling, SICE-ICASE International Joint Conference 2006.
• Satoru Takahashi, Masakazu Takahashi, Hiroshi Takahashi, and Kazuhiko Tsuda: Analysis of Stock Price Return Using Textual Data and Numerical Data Through Text Mining, Gabrys, B., Howlett, R.J., and L.C. Jain (Eds.): KES 2006, Part II, LNAI 4252, Springer-Verlag, pp.310-316, 2006. *

− 2005 −

• Satoru Takahashi, Masakazu Takahashi, Hiroshi Takahashi and Kazuhiko Tsuda, “Learning Value-Added Information of Asset Management from Analyst Reports Through Text Mining”, Khosla, R., Howlett, R.J., Jain, L.C. (Eds.), Lecture Notes in Computer Science 3684(Knowledge-Based Intelligent Information and Engineering Systems), Springer-Verlag, p785-791, 2005. *
• Satoru TAKAHASHI, Hiroshi TAKAHASHI and Kazuhiko Tsuda, “An Efficient Learning System for Knowledge of Asset Management,” Negoita, M., Howlett, R. and Jain, L. (eds.), Lecture Notes in Computer Science 3213(Knowledge-Based Intelligent Information and Engineering Systems), Springer-Verlag Heidelberg, p509-515, 2004. *
• Hiroshi Takahashi, Satoru Takahashi, Kazuhiko Tsuda and Takao Terano: Analysis Passive Investment Strategies and Asset Price Fluctuation in Financial Market Through Agent, Takao Terano, Hajime Kita, H., Takayuki Kaneda, Kiyoshi Arai, Hiroshi Deguchi (Eds.): Agent-Based Simulation, from Modeling Methodoloiges to Real-World Applications (Springer Series on Agent Based Social Systems), Springer-Verlag, pp. 144-157., 2005.*

− 2004 −

• Hiroshi Takahashi and Takao Terano: Analysis of Micro-Macro Structure of Financial Markets via Agent-Based Model: Risk Management and Dynamics of Asset Pricing, Electronics and Communications in Japan, pp. 38-48, no.7, Vol.87, 2004.
• Hiroshi Takahashi and Takao Terano: Analysis Passive Investment Strategies and Asset Price Fluctuation in Financial Market Through Agent, 3rd International Workshop on Agent-based Approach in Economic and Social Complex System, pp.25-32, 2004.5.27. *
• Takao Terano, Hiroshi Takahashi and Satoru Takahashi: Be passive or not? Analyzing passive investment strategy in a financial market through Agent-Based Simulation, North American Association for computational Social and Organizational Science, 2004.6.27.*
• Satoru Takahashi, Hiroshi Takahashi and Kazuhiko Tsuda: An Efficient Learning System for Knowledge of Asset Management, Eighth International Conference on Knowledge-Based Intelligent Information & Engineering Systems, p494-500, 2004.9.24.*

− 2003 −

• Hiroshi Takahashi and Takao Terano: Agent-Based Approach to Investors’ Behavior and Asset Price Fluctuations in Financial Markets，Journal of Artificial Societies and Social Simulation, no.3,　Vol. 6, 2003.Link
• Takao Terano and Hiroshi Takahashi: Analyzing Micro-Macro Structures in a Financial Market via Agent-Based Simulation. 7th Joint Conference on Information Sciences, pp.1255-1258, 2003.
• Takao Terano and Hiroshi Takahashi: Analyzing Risk Management Strategies in a Financial Market via Agent-Based Simulation, International Workshop on Socio-and Econo-Physics, 2003.12.20.

− 2002 −

• Hiroshi Takahashi and Takao Terano: Bridging GARCH Model and Prospect Theory in Financial Market Behaviors Via Agent-Based Simulation， Eighth International Conference of The Society for Computational Economics, 2002.6.*
• Hiroshi Takahashi and Takao Terano: Non-Rational Agents Explain GARCH Model: Agent Simulation for Behavioral Finance，AAAI 2002 Workshop on Multi-Agent Modeling and Simulation of Economic Systems, 2002. *