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Makoto Shimoshimizu

Tokyo University of Science - Department of Industrial Administration

2641 Yamazaki

Noda, Chiba 278-8510

Japan

  • Tokyo University of Science - Department of Industrial Administration

SCHOLARLY PAPERS

7

DOWNLOADS

408

TOTAL CITATIONS

0

Scholarly Papers (7)

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1.

Brokerage Commissions in an Uncertain Stock Market

Number of pages: 45 Posted: 21 Jan 2025
Takayuki Ogawa, Jun Sakamoto and Makoto Shimoshimizu
Faculty of Economics, Osaka University of Economics, Osaka Gakuin University and Tokyo University of Science - Department of Industrial Administration
Downloads 113 (626,371)

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Brokerage commission, Cournot competition, Financial market, Heterogeneous agents, Knightian uncertainty

2.

Continuous-Time Optimal Execution and Utility-Based Statistical Arbitrage in a Markovian Environment

Number of pages: 43 Posted: 20 Mar 2026
Masaaki Fukasawa, Masamitsu Ohnishi and Makoto Shimoshimizu
The University of Osaka, The University of Osaka - Graduate School of Economics and Tokyo University of Science - Department of Industrial Administration
Downloads 83 (852,604)

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Optimal execution, Markovian environment, Transient market impact, HJB equation, Matrix Riccati differential equation, Utility-based statistical arbitrage

3.

Total Discounted Cash Flow with Poisson Arrivals

Risks, volume 14, issue 4, 2026[10.3390/risks14040090]
Number of pages: 15 Posted: 05 Dec 2024 Last Revised: 16 Apr 2026
Yuto Kitamura, Yuta Kudo, Makoto Shimoshimizu and Makoto Goto
Tokyo University of Science, Tokyo University of Science, Tokyo University of Science - Department of Industrial Administration and Tokyo University of Science
Downloads 83 (809,932)

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Stochastic cash flow, Poisson arrival, Erlang distribution, Discount function

4.

M&A Strategies for Industry Entry: Firm Sizes and Market Concentration

European Financial Management, 0[10.1111/eufm.70068]
Number of pages: 26 Posted: 07 Jan 2025 Last Revised: 05 Jun 2026
Motoki Suzuki, Makoto Shimoshimizu and Makoto Goto
Tokyo University of Science, Tokyo University of Science - Department of Industrial Administration and Tokyo University of Science
Downloads 80 (816,709)

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M&A, real options, market concentration, industry entry, serial acquisition

5.

Endogenous Broker Choice, Investor Heterogeneity, and Stock Prices

Number of pages: 43 Posted: 20 May 2026
Takayuki Ogawa, Jun Sakamoto and Makoto Shimoshimizu
Faculty of Economics, Osaka University of Economics, Osaka Gakuin University and Tokyo University of Science - Department of Industrial Administration
Downloads 24 (1,459,862)

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Asset Pricing, Brokerage Commissions, General Equilibrium, Investor Heterogeneity

6.

Optimal Fuel Procurement in the Renewable Transition with Price Volatility and Policy Targets

Number of pages: 27 Posted: 20 Mar 2026
Makoto Shimoshimizu, Kazuya Ito and Ryuta Takashima
Tokyo University of Science - Department of Industrial Administration, Tokyo University of Science and Tokyo University of Science
Downloads 22 (1,459,862)

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Fuel procurement, Renewable generation, Policy targets, Price volatility, HJB equation

7.

Do Default Funds Solve Counterparty Risks? The Role of Default Funds in the Presence of Default Penalty

Number of pages: 20 Posted: 10 May 2026
Kazuhiro Takino and Makoto Shimoshimizu
Nagoya University of Commerce and Business Administration and Tokyo University of Science - Department of Industrial Administration
Downloads 3 (1,590,289)

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JEL Classification: G01, G23, G28 default funds, moral hazard, default penalty, Nash equilibrium