For almost a decade since 2004, we have been holding a seminar series at least twice a month usually second and fourth Friday afternoons (16:30-18:00). It is called as “Waseda Friday Economics Seminar.” We invited mainly young but sometime established domestic and international researchers of economics and related fields. On rare occasions, we hosted seminars on history, mathematics, and commerce and international laws. Supported by this fund, we will continue and strengthen this seminar series so as to complement this research project.

 At present, we are focusing on business practices and rules on accounting because of its unique features. Accounting rules and bookkeeping procedures is one of the most important and fundamental infrastructures to support market transactions and business activities. It is a clear example of public goods which generates deep and wide-spread spill overs within workplaces, factories, firms, business clusters, industrial sectors, macro economy, and international economies. We held two seminars on accounting empirical research and one on accounting system.

 It is indispensable for us to know real and present situations of business and accounting in developing countries, whether research topics are theoretical or empirical. Of course, some members have to be more familiar with them for future local surveys and possible experiments. In 2012, we held international workshops to prepare for this project. We hosted two lecture series on cooperative game theory and matching theory. Also, we held an open seminar on the present situation of Sri Lankan economy. In 2013, we hosted two lecture series on auction theory and behavioral economics as a kick-off event. Also, we held two open lectures on the business and accounting situations in Mongolia and Bangladesh.