Research Area:
Auction Theory,  Microeconomic Theory
Industrial Organization, Antitrust/Competition Policy
Chinese Economy
Current Research Projects:
----Collusion in Auction Markets
----Auctions with Resale
----Competition in International Telephone Markets
----Compatibility and Standardization
----Nash Bargaining with Non-Convexity
Working Papers & Research in Progress:
"Platform Competition with Complementary Products" (with Juan Carrillo).
"Competition, Settlement Rates and Proportional Return Rule in International Telephone Markets" (with Heng Ju).
"Nash Bargaining Theory with Non-Convexity and Unique Solution" (with Cheng-Zhong Qin and Shuzhong Shi).
Curriculum Vitae
Publications:
(i) Auctions and Procurement Contracts
"Asymmetric Common Value Auctions with Applications to Private Value Auctions with Resale", Economic Theory (forthcoming) (with H. Cheng).
"Bidding Rings and the Winner’s Curse", RAND Journal of Economics 39 (2008), 1018-1041 (with Ken Hendricks and Robert Porter).
"Ratifiability of Efficient Collusive Mechanisms in Second Price Auctions with Participation Costs" , Games and Economic Behavior 59 (2007), 383-396 (with Okan Yilankaya).
"Equilibria in Second Price Auctions with Participation Costs"  Journal of Economic Theory 130 (September 2006), 205-219 (with Okan Yilankaya).
"The Affiliation Effect in First-Price Auctions" Econometrica 73, 1 (January 2005), 263-277 (with Joris Pinkse).
"The Affiliation Effect in First-Price Auctions: Supplementary Material" Econometrica Supplementary Material (with Joris Pinkse). http://www.econometricsociety.org/ecta/supmat/3142extension.pdf.
"Cost-Reducing Investment, Optimal Procurement and Implementation by Auctions" International Economic Review 37, 3 (August 1996), 663-685 (with Michele Piccione).
"A Simple Model of Expert and Non-Expert Bidding in First-Price Auctions" Journal of Economic Theory 70 (1996), 501-515 (with Michele Piccione).
"Optimal Procurement Mechanisms for an Informed Buyer" Canadian Journal of Economics XXIX, 3 (August 1996), 699-716.
"Optimal Selling Strategies for Oil and Gas Leases with an Informed Buyer" American Economic Review, P&P 83, 2 (May 1993), 234-239 (with Ken Hendricks and Robert Porter).
"Entry and R&D Costs in Procurement Contracting"Journal of Economic Theory 58 (October 1992), 41-60.
(ii) The Economics of Airline Networks
"Equilibria in Networks" Econometrica 67, 6 (November 1999), 1407-1434 (with Ken Hendricks and Michele Piccione).
"Entry and Exit in Hub-Spoke Networks" RAND Journal of Economics 28, 2 (Summer 1997), 291-303 (with Ken Hendricks and Michele Piccione).
"The Economics of Hubs: The Case of Monopoly" Review of Economic Studies 62 (January 1995), 83-99 (with Ken Hendricks and Michele Piccione).
(iii) Other Topics in IO, Micro and Trade
"Coalition Formation in the Presence of Continuing Conflict", International Journal of Game Theory (forthcoming) (with R. Wang).
"Recent Developments in Industrial Economics: A Selective Survey" In Industrial Economics and Performance in Canada (forthcoming) edited by Z. Chen and M. Duhamel.
"The Market for Sweepstakes" Review of Economic Studies 72(2005), 1009-1027 (with Chew Soohong).
"Foreign Direct Investment and International Trade in a Continuum Ricardian Trade Model" Journal of Development Economics 77(2) (August 2005), 477-501(with Leonard Cheng and Larry Qiu).
"External Threat and Collective Action" Economic Inquiry 43(July 2005), 519-530, (with Emerson Niou).

"Strategic Incentives of Divestitures of Competing Conglomerates" International Journal of Industrial Organization 21, 5 (May 2003), 673-697 (with Lasheng Yuan).
"An Arbitration Game and the Egalitarian Solution," Social Choice and Welfare 12(1) (1995), 29-41 (with Walter Bossert).
(iv) China
"Foreign Direct Investment and International Fragmentation of Production." In Fragmentation: New Production Patterns in the World Economy, edited by Sven Arndt and Henryk Kierzkowski, Oxford University Press, 2000 (with Leonard Cheng and Larry Qiu).
"Accountability, Viability, and Soft Budget Constraint," American Economic Review, P&P 89, 2 (May 1999), 426-431 (with Justin Lin).
"An Analysis of Dr. Sun Yat-Sen's Self-Assessment Scheme for Land Taxation," Public Choice 78 (1994), 103-114 (with Emerson Niou).
"Taiwanese Investment in Mainland China as a Policy Tool," Issues & Studies 28 (August 1992), 14-31 (with Emerson Niou and Peter Ordeshook).
"Infanticide and Family Planning in Late Imperial China: The Price and Population History of Rural Liaoning, 1774-1873," in Chinese History in Economic Perspective, Eds, L. M. Li and T. G. Rawski, Berkeley: University of California Press, 1992, 145-176 (with Cameron Campbell and James Lee).
Survey Papers in Chinese:
"Auction Theory"
"The Economic Theory of Vertical Restraints"
"Recent Developments in Industrial Economics"