Takuo Sugaya

Professor of Economics
Academic Area:
Takuo Sugaya

Bio

Sugaya is a professor of economics at Stanford Graduate School of Business, where he teaches Managerial Economics. His current research focuses on dynamic games — repeated games, stochastic games, and dynamic Bayesian games — and the environments in which different sides will engage in cooperative long-run relationships. Sugaya received his PhD in economics from Princeton University in 2012, and his MA in economics and BA in International Relations from University of Tokyo.

Awards and Honors

  • MBA Class of 1969 Faculty Scholar, 2023–24
  • Fletcher Jones Faculty Scholar, 2019–20

Research Statement

Takuo Sugaya’s research is in the area of microeconomic theory. His work in game theory examines how entities with their own objectives and information can sustain cooperation in the long term. In a recent paper, he proposes a self-enforcing mechanism that incentivizes firms to maintain collaborative relationships although they are uncertain about the information and strategic behavior of the other parties.

Journal Articles

Juan Ortner, Takuo Sugaya, Alexander Wolitzky
Journal of Political Economy
April 2024 Vol. 132 Issue 4
Avidit Acharya, Edoardo Grillo, Takuo Sugaya, Eray Turkel
Journal of the European Economic Association
January 2024
Takuo Sugaya, Alexander Wolitzky
Econometrica
September 2023 Vol. 91 Issue 5 Pages 1727–1761
Steven Callander, Dana Foarta, Takuo Sugaya
American Journal of Political Science
March 2023
Takuo Sugaya, Alexander Wolitzky
Theoretical Economics
2023 Vol. 18 Issue 4 Pages 1345–1373
Steven Callander, Dana Foarta, Takuo Sugaya
Econometrica
November 2022 Vol. 90 Issue 6 Pages 2723–2753
Takuo Sugaya
The Review of Economic Studies
July 2022 Vol. 89 Issue 4 Pages 2201–2256
Mitsuru Igami, Takuo Sugaya
The Review of Economic Studies
May 2022 Vol. 89 Issue 3 Pages 1460–1494
Takuo Sugaya, Alexander Wolitzky
Journal of Political Economy
September 2021 Vol. 129 Issue 9 Pages 2595–2628
Takuo Sugaya, Alexander Wolitzky
The Review of Economic Studies
May 2021 Vol. 88 Issue 3 Pages 1503–1540
Dana Foarta, Takuo Sugaya
The RAND Journal of Economics
March 2021 Vol. 52 Issue 1 Pages 49–77
Dana Foarta, Takuo Sugaya
American Economic Journal: Microeconomics
February 2021 Vol. 13 Issue 1 Pages 399–425
Takuo Sugaya, Alexander Wolitzky
American Economic Review
December 2020 Vol. 110 Issue 12 Pages 3817–3835
Yuichiro Kamada, Takuo Sugaya
The Quarterly Journal of Economics
August 2020 Vol. 135 Issue 3 Pages 1725–1797
Takuo Sugaya, Yuichi Yamamoto
Theoretical Economics
July 2020 Vol. 15 Issue 3 Pages 1175–1219
Joyee Deb, Takuo Sugaya, Alexander Wolitzky
Econometrica
May 2020 Vol. 88 Issue 3 Pages 917–964
Takuo Sugaya, Alexander Wolitzky
Journal of Political Economy
December 2018 Vol. 126 Issue 6 Pages 2569-2607
Takuo Sugaya, Alexander Wolitzky
Theoretical Economics
May 2017 Vol. 12 Issue 2 Pages 691-729

Working Papers

Yuichi Yamamoto, Takuo Sugaya October 15, 2019
Dana Foarta, Takuo Sugaya October 16, 2018
Dana Foarta, Takuo Sugaya February 15, 2017

Insights by Stanford Business

December 15, 2023
Five lessons in five minutes: Associate Professor Takuo Sugaya shares economic principles for better decision-making.
August 25, 2022
A look at the Vitamins Inc. cartel reveals what causes businesses to choose conspiracy over competition.
December 09, 2020
We’ve compiled an eclectic collection of books to share — or hoard — while sheltering in place this season.

School News

July 11, 2012
Award-winning economist Susan Athey, noted econometrician Guido Imbens, corporate finance expert Joshua Rauh, and others to join Stanford GSB faculty.