Department of Economics

Faculty of Arts and Social Sciences

Selected Publications

Since 2016


  1. Bag PK, Sharma T: Sequential Expert Advice: Superiority of Closed-Door Meetings, International Economic Review, forthcoming.

  2. Chakraborty I: Simultaneous vs. Sequential Auctions with Risk Averse Bidders, Games and Economic Behavior, 113, 209-222.

  3. Chang D, Chen R, Krupka R: Rhetoric Matters: A social identity explanation for the anomaly of framing, Games and Economic Behavior, 116, 158-178.

  4. Chen YC, He W, Li JT Sun YN: Equivalence of Stochastic and Deterministic Mechanisms, Econometrica, 87(4), 1367-1390.

  5. Chen YC, Hu GJ: Learning by Matching, Theoretical Economics, forthcoming.

  6. Chew SH, Robin Chark, Zhong SF: Individual Preference for Longshots, Journal of the European Economic Association, forthcoming.

  7. Alfaro L, Antras P, Chor D, Conconi P: Internalizing global value chains: A firm-level analysis, Journal of Political Economy, 127(2), 508-559.

  8. Goette L, Harms A, Sprenger C: Randomizing endowments: An experimental study of rational expectations and reference-dependent preferences, American Economic Journal: Microeconomics, 11(1), 185-207.

  9. Jo IH, Senga T: Aggregate Consequences of Credit Subsidy Policies: Firm Dynamics and Misallocation, Review of Economic Dynamics, 32, 68-93.

  10. Jordan RP, Bouakez, H, Guillard, M : The Optimal Composition of Public Spending in a Deep Recession, Journal of Monetary Economics, forthcoming.

  11. Bowlus AJ, Liu HM, Robinson C: Different Paths? Human Capital Prices, Wages, and Inequality in Canada and the United States, Journal of Labor Economics, 37, 689-743.

  12. He JX, Liu HM, Salvo A: Severe Air Pollution and Labor Productivity: Evidence from Industrial Towns in China, American Economic Journal: Applied Economics, 11(1), 173-201.

  13. He JX, Liu HM, Sing TF, Song CC, Wong WK: Superstition, Conspicuous Spending, and Housing Markets: Evidence from Singapore, Management Science, forthcoming.

  14. Hammond B, Liu B, Lu JF, Riyanto YE: Enhancing Effort Supply with Prize-Augmenting Entry Fees: Theory and Experiments, International Economic Review, forthcoming.

  15. Cortes P, Pan J: When Time Binds: Substitutes for Household Production, Returns to Working Long Hours, and the Gender Wage Gap Among the Highly Skilled, Journal of Labor Economics, 37(2), 351-398.

  16. Cortes P, Pan J: Age of Decision-Pension Savings Withdrawal and Consumption and Debt Responses, Management Science, forthcoming.

  17. Cai XQ, Lu Y, Pan J, Zhong SF: Gender Gap under Pressure: Evidence from China's National Entrance Examination, Review of Economics and Statistics, 101(2), 249-263.

  18. Lazonik W, Shin JS: Predatory Value Extraction, Oxford University Press, forthcoming.

  19. He W, Sun YN: Dynamic games with (almost) perfect information, Theoretical Economics, forthcoming.

  20. He W, Sun YN: Pure-strategy equilibria in Bayesian games, Journal of Economic Theory, 180, 11-49.

  21. Pei T, Takahashi S: Rationalizable Strategies in Random Games, Games and Economic Behavior, forthcoming.

  22. Daisuke Oyama, Takahashi S: Generalized Belief Operator and Robustness in Binary-Action Supermodular Games, Econometrica, forthcoming.

  23. Hagiu A, Wright J: Platforms and the exploration of new products, Management Science, forthcoming.

  24. Hagiu A, Wright J: The optimality of ad valorem contracts, Management Science, forthcoming.

  25. Hagiu A, Wright J: Controlling versus enabling, Management Science, 65(2), 577-595.

  26. Hagiu A, Jullien B, Wright J: Creating platforms by hosting rivals, Management Science, forthcoming.

  27. Chengsi Wang, Wright J: Search platforms: Showrooming and price parity clauses, Rand Journal of Economics, forthcoming.

  28. Yi JJ: Endogenous altruism: Theory and evidence from Chinese twins, Journal of Labor Economics, 37(1), 247-295.

  29. Fan Y, Yi JJ, Zhang JS: Rising Intergenerational Income Persistence in China, American Economic Journal: Economic Policy, forthcoming.


  30. Agarwal S, Chomsisengphet S, Mahoney N, Stroebel J: Do banks pass through credit expansions to consumers who want to borrow? Quarterly Journal of Economics, 133(1), 129-190.

  31. Agarwal S, Chomsisengphet S, Liu CL, Song CC, Souleles NS: Benefits of relationship banking: Evidence from consumer credit markets, Journal of Monetary Economics, 96, 16-32.

  32. Chen YC, Li JT: Revisiting the Foundations of Dominant-Strategy Mechanisms, Journal of Economic Theory, 178, 294-317.

  33. Chew SH, Ratchford M, Sagi JS: You need to recognize ambiguity to avoid it, Economic Journal, 128, 2480–2506.

  34. Chew SH, Yi JJ, Zhang JS, Zhong SF: Risk Aversion and Son Preference: Experimental Evidence from Chinese Twin Parents, Management Science, 64(8), 3896-3910.

  35. Tiefenbeck V, Goette L, Degen K, Tasic V, Fleisch E, Lalive R, Staake T: Overcoming Salience Bias?: how real-time information fosters resource conservation, Management Science, 64(3), 1458-1476.

  36. Juraez Rubin, Ko CY, Xu JY: Sharing sequential values in network, Journal of Economic Theory, 177, 734-779.

  37. Ko CY, Koyama M, Sng TH: Unified China and divided Europe, International Economic Review, 59(1), 285-327.

  38. Li BJ: Export Expansion, Skill Acquisition and Industry Sepcialization: Evidence from China, Journal of International Economics, 45, 346-361.

  39. Liu B, Lu JF, Wang RQ, Zhang J: Optimal prize allocation in contests: The role of negative prizes, Journal of Economic Theory, 175, 291-317.

  40. Feng X, Lu JF: How to split the pie: Optimal rewards in dynamic multi-battle competitions, Journal of Public Economics, 160, 82-95.

  41. Liu B, Lu JF: Optimal two-stage procurement with hidden R&D efficiency, RAND Journal of Economics, 49(3), 619-655.

  42. Ho TH, Png I, Reza S: Sunk Cost Fallacy and Driving the World’s Costliest Cars, Management Science, 64(4), 1-18.

  43. He J, Gouveia N, Salvo A: External Effects of Diesel Trucks Circulating Inside the São Paulo Megacity, Journal of the European Economic Association, 17(3), 947–989.

  44. Seo J: Tests of stochastic monotonicity with improved power, Journal of Econometrics, 207(1), 53-70.

  45. Duffle D, Qiao L, Sun YN: Dynamic directed random matching, Journal of Economic Theory, 174, 124-183.

  46. In Y, Wright J: Signaling Private Choices, Review of Economic Studies, 85(1), 558-580.

  47. Tan H, Wright J: A Price Theory of Multi-Sided Platforms: Comment, American Economic Review, 108(9), 2758-2760.

  48. Weiss Y, Yi JJ, Zhang JS: Hypergamy, cross-boundary marriages, and family behavior, International Economic Review, 59(2), 757-784.

  49. Cai XQ, Gong J, Lu Y, Zhong SF: Recover Overnight? Work Interruption and Worker Productivity, Management Science, 64(8), 3489-3500.

  50. Zhong SF, Shalev I, Koh D, Ebstein RP, Chew SH: Competitiveness and stress, International Economic Review, 59(3), 1263-1281.

  51. Chen YJ, Zenou Y, Zhou JJ: Competitive pricing strategies in social networks, RAND Journal of Economics, 49(3), 672-705.

  52. Chen YJ, Zenou Y, Zhou JJ: Multiple Activities in Networks, American Economic Journal: Microeconomics, 10(3), 34-85.


  53. Agarwal S, Qian WL: Access to home equity and consumption: Evidence from a policy experiment, Review of Economics and Statistics, 99(1), 40-52.

  54. Agarwal S, Amromin G, Ben-David I, Chomsisengphet S, Piskorski T, Seru A: Policy intervention in debt renegotiation: Evidence from the home affordable modification program, Journal of Political Economy, 125(3), 654-712.

  55. Agarwal S, Marwell N, McGranahan L AF: Consumption responses to temporary tax incentives: Evidence from state sales tax holidays, American Economic Journal-Economic Policy, 9(4), 1-27.

  56. Bag PK, Saha B: Corrupt bookmaking in a fixed odds illegal betting market, Economic Journal, 127 (601), 624-652.

  57. Chen CR: Untitled Land, Occupational Choice, and Agricultural Productivity, American Economic Journal-Macroeconomics, 9(4), 91-121.

  58. Chen R, Chen Y, Liu Y, Mei QZ: Does team competition increase pro-social lending? Evidence from online microfinance, Games and Economic Behavior, 101, 311-333.

  59. Chen YC, Di Tillio A, Faingold E, Xiong SY: Characterizing the strategic impact of misspecified beliefs, Review of Economic Studies, 84(4), 1424-1471.

  60. Chew SH, Miao B, Zhong SF: Partial ambiguity, Econometrica, 85(4), 1239-1260.

  61. Ba BA, Ham JC, LaLonde RJ, Li XH: Estimating (Easily Interpreted) Dynamic Training Effects from Experimental Data, Journal of Labor Economics, 35, 149-200.

  62. Zhang P, Hu GZ, Zhao LJ: China as number one? Evidence from China's most recent patenting surge, Journal of Development Economics, 124, 107-119.

  63. Lu JF, Parreiras SO: Monotone equilibrium of two-bidder all-pay auctions redux, Games and Economic Behavior, 104, 78-91.

  64. Gentry M, Li T, Lu JF: Auctions with selective entry, Games and Economic Behavior, 105, 104-111.

  65. Lu Y, Tao ZG, Zhu LM: Identifying FDI spillovers, Journal of International Economics, 107, 75-90.

  66. Park J: Sovereign default and capital accumulation, Journal of International Economics, 106, 119-133.

  67. Png IPL: Law and innovation: Evidence from state trade secrets laws, Review of Economics and Statistics, 99(1), 167-179.

  68. Nishimura H, Ok E, Quah JKH*: A comprehensive approach to revealed preference theory, American Economic Review, 107(4), 1239-1263.

  69. Shrestha SA: No man left behind: Effects of emigration prospects on educational and labour outcomes of non-migrants, Economic Journal, 127(600), 495-521.

  70. He W, Sun X, Sun YN: Modeling infinitely many agents, Theoretical Economics, 12(2), 771-815.

  71. Sun X, Sun YN, Wu L, Yannelis NC: Equilibria and incentives in private information economies, Journal of Economic Theory, 169, 474-488.

  72. He W, Sun YN: Stationary Markov perfect equilibria in discounted stochastic games, Journal of Economic Theory, 169, 35-61.

  73. Bergemann D, Morris S, Takahashi S: Interdependent preferences and strategic distinguishability, Journal of Economic Theory, 168, 329-371.

  74. Qu ZJ, Tkachenko D: Global identification in DSGE models allowing for indeterminacy, Review of Economic Studies, 84(3), 1306-1345.

  75. Wang Z, Wright J: Ad-valorem platform fees, indirect taxes and efficient price discrimination, RAND Journal of Economics, 48(2), 467-484.


  76. Agarwal S, Qian WL, Reeb DM, Sing TF: Playing the boys game: Golf buddies and board diversity, American Economic Review, 106(5), 272-276.

  77. Bag PK, Chowdhury PR: Gradualism in aid and reforms, Journal of International Economics, 103, 108-123.

  78. Ai W, Chen R, Chen Y, Mei Q, Phillips W: Recommending teams promotes prosocial lending in online microfinance, Proceedings of the National Academy of Sciences of the United States of America, 113(52), 14944-14948.

  79. Duan JC^: Local-momentum autoregression and the modeling of interest rate term structure, Journal of Econometrics, 194(2), 349-359.

  80. Ham JC, Li XH, Shore-Sheppard LD: The Employment dynamics of disadvantaged women: Evidence from the SIPP, Journal of Labor Economics, 34(4), 899-944.

  81. Hashmi AR, Van Biesebroeck J: The relationship between market structure and innovation in industry equilibrium: A case study of the global automobile industry, Review of Economics and Statistics, 98(1), 192–208.

  82. Han H, Linton O, Oka T, Whang YJ: The cross-quantilogram: Measuring quantile dependence and testing directional predictability between time series, Journal of Econometrics, 193(1), 251-270.

  83. Horner J, Takahashi S: How fast do equilibrium payoff sets converge in repeated games? Journal of Economic Theory, 165, 332-359.

* previously recurrent Visiting Professor; Distinguished Professor from August 2015
^ courtesy appointment in the Department