Zheng, Jie

Assistant Professor, Department of Economics
   

Curriculum Vitae (English)       Brief Introduction (Chinese)


Phone              (86) (10) 62789819
Email          
zhengjie@sem.tsinghua.edu.cn
Webpage      http://www.sem.tsinghua.edu.cn/en/zhengjie
                         http://jzheng.weebly.com
Office              561 Weilun Building
Office Hours     Monday.   07:30-09:30 (Fall semester)
                       Thursday  07:30-09:30 (Spring semester)

 

Jie Zheng is Assistant Professor in the Department of Economics and Executive Associate Director of the Tsinghua Economic Science and Policy Experimental Laboratory (ESPEL), School of Economics and Management, Tsinghua University. He is an Associate Editor for Journal of Economic Behavior and Organization.

Prof. Zheng received his Ph.D. in Economics from Washington University in St. Louis in 2011. He also received his M.A. degrees in Economics from Tsinghua University, School of Economics and Management (with Distinction, 2005) and Washington University (2007), respectively, and his B.A degree in Economics from Tsinghua University, School of Economics and Management (with Distinction, 2003).

From September 2015 to March 2016, he was Visiting Scholar in the Department of Economics, The Chinese University of Hong Kong, where he taught Introduction to Microeconomics (undergraduate core), Advanced Microeconomic Theory (undergraduate elective), and Intermediate Microeconomics (undergraduate core). He was offered Honorary Research Associate position by the Department of Economics, The Chinese University of Hong Kong, after visiting there.

His research areas include Economic Theory, Information Economics, Experimental Economics, Behavioral Economics, Matching Theory, Financial Economics, Industrial Organization, and Chinese Economy. His current research topics include rational bubbles, self-control, social preferences, reference-dependence, optimization in transportation systems and various topics on strategic interactions, experimental design and mechanism design. He is currently serving as an Associate Editor for Journal of Economic Behavior and Organization. His research has been presented in academic conferences including: Econometric Society World Congress (Montreal, 2015; Shanghai, 2010), Game Theory Society World Congress (Masstricht, 2016), American Economic Association Annual Meeting (Boston, 2015), Stanford Institute for Theoretical Economics, Psychology and Economics Workshop (Palo Alto, 2015), Chinese Economists Society China Conference (Guangzhou, 2014; Chengdu, 2013; Beijing, 2011; Xiamen, 2010), Asian Meeting of the Econometric Society (Kyoto, 2016; Singapore, 2013; Seoul, 2011), Economic Science Association World Meetings (Zurich, 2013; San Diego, 2017), 1st China Meeting of the Econometric Society (Beijing, 2013), 23rd International Conference on Game Theory (Stony Brook, 2012), China International Conference on Game Theory and Applications (Qingdao, 2012), International Economic Association 16th World Congress (Beijing, 2011), North American Summer Meeting of the Econometric Society (St. Louis, 2011; St. Louis, 2017), Royal Economic Society Annual Conference (Royal Holloway, 2011), Chinese Game Theory and Experimental Economics Association Inaugural Conference (Beijing, 2010), Midwest Macroeconomics Meetings (East Lansing, 2010), and MWIEG - Midwest Economic Theory Meetings (Madison, Fall 2010; Iowa City, Spring 2009).

His research papers have been published in or accepted by journals including Nature Communications, American Economic Review (Papers and Proceedings), Games and Economic Behavior, Experimental Economics, Journal of Economic Behavior and Organization, Economics Letters, Automation and Remote Control, The Chinese Economy, 运筹学学报 (Operations Research Transactions) and 经济学报 (China Journal of Economics). His work with David K. Levine has been published in the Handbook of Experimental Economic Methodology. He is a co-translator of the Chinese version of Principles of Microeconomics and Principles of Macroeconomics by Robert H. Frank and Ben Bernanke. He has presented his work in many academic departments around the world including the United States, Singapore, Taiwan, Hong Kong, and mainland China. In 2016, Prof. Zheng received "Young Scholar’s Innovations Award on Information Economics in China for 2016" and "Theoretical Contributions Award on Information Economics in China from 2011 to 2015" from China Information Economics Society.

Prof. Zheng has served as Principal Investigator on numerous research grants including Tsinghua University Initiative Scientific Research Program (2012 – 2015), National Natural Science Foundation of China (NSFC) Young Scholar Research Grant (2013 – 2015), Ministry of Education of China Young Scholar Startup Research Grant (2014 – 2015), and Tsinghua University Initiative Scientific Research Program Grant (2015 – 2018). He serves as co-P.I. with Prof. Mingzhi Li on the National Natural Science Foundation of China, Joint China-Russia Research Project Grant on Transportation Systems (2016-2018, joint project with the Russian Academy of Sciences), and also serves as co-P.I. with Professor Jaimie W. Lien on the Hong Kong Research Grants Council, General Research Fund on Reference Dependence and Self Control (2017-2020).

In 2011, Prof. Zheng established the Tsinghua SEM Economic Science and Policy Experimental Laboratory (ESPEL), together with Prof. Xiaohan Zhong and Prof. Jaimie Lien, and has served as the Lab Manager since then. He was the primary organizer for the Tsinghua Conference on Theoretical and Behavioral Economics in 2013, 2014, and 2015. He has served on the Microeconomics Ph.D. Qualifying Exam Committee from 2011 to 2015, on the Economics Department Faculty Recruiting Committee from 2013 to 2015, and assists with graduate student recruiting for Tsinghua SEM annually. Prof. Zheng served as Academic Advisor for SEM's undergraduate Class 16 (2011) (recipient of Excellent Class Advisor Award of Tsinghua University, 2013, 2015; Excellent Class Advisor Award of Tsinghua SEM, 2012, 2013, 2014), and he has served as a judge for many academic activities organized by Tsinghua SEM students. He is currently serving as elected Representative in the Tsinghua University Faculty and Staff Assembly (2014 to 2019), and Seminar Coordinator for the Department of Economics at the School of Economics and Management (Spring and Fall 2016).

At Tsinghua SEM, Prof. Zheng teaches Advanced Microeconomics I (Ph.D. core), Intermediate Microeconomics (undergraduate core), Behavioral Economics (undergraduate elective), and Advanced Microeconomics III: Information, Contract, and Organizational Economics (Ph.D. elective). He was awarded the Excellent Teaching Award of Tsinghua SEM in 2013.

Prof. Zheng serves as referee for Games and Economic Behavior, Journal of Economic Behavior and Organization, Health Economics, Journal of Institutional and Theoretical Economics, Contemporary Economic Policy, China Economic Review, Pacific Economic Review, Economics Bulletin, International Review of Administrative Sciences, Frontiers of Economics in China, 经济学报 (China Journal of Economics), 管理科学学报 (Journal of Management Sciences in China). He is a member of the Econometric Society, American Economic Association, Game Theory Society, Chinese Economists Society, and Economic Science Association. He is from Wenzhou, Zhejiang Province, China.

Further information about Prof. Jie Zheng and his academic work can be found at http://jzheng.weebly.com/ .

Journal Publication

[1] Are Work Intensity and Healthy Eating Substitutes: Field Evidence on Food Choices under Varying Workloads, with Jaimie Lien, accepted by Journal of Economic Behavior and Organization

[2] Competition between Virtual Operators in a Two-sided Telecommunication Market, with Julia V. Chirkova, Jaimie Lien and Vladimir V. Mazalov, accepted bAutomation and Remote Control

[3] Information Sharing in Private Value Lottery Contest, with Zenan Wu, Economics Letters, August 2017, 157: 36-40 (working paper version)

[4] 
A Robust Reference-Dependent Model for Speculative Bubbles, with Mu Zhang, Journal of Economic Behavior and Organization, May 2017, 137:232-258 (working paper version)

- Recipient of Young Scholar’s Innovations Award on Information Economics in China for year 2017

[5] Ex-ante Fairness in the Boston and Serial Dictatorship Mechanisms under Pre-exam and Post-exam Preference Submission, with Jaimie Lien and Xiaohan Zhong, Games and Economic Behavior, Special Issue in honor of John. O. Ledyard, January 2017, 101:98-120 (working paper version)

[6] Wardrop Equilibrium for Networks with the BPR Latency Function, with Jaimie Lien, Vladimir V. Mazalov, and Anna V. Melnick, Lecture Notes in Computer Science, Vol. 9869: Discrete Optimization and Operations Research (Proceedings of the 9th International Conference, DOOR 2016), p. 37 - 49.

[7] A Model of Capital Allocation, Education and Job Choice in China, with Jaimie Lien and Wei Wang, The Chinese EconomySpecial Issue: Some Challenges to Economic Growth and Stability in China, 2016: 49(5): 307 - 326 (working paper version)

[8] Extortion Can Outperform Generosity in the Iterated Prisoners' Dilemma, with Jaimie Lien, Zhijian Wang, Bin Xu and Yanran Zhou, Nature Communications, 2016, 7: 11125 (working paper version) (Impact Factor 11.47)
  - Recipient of Young Scholar’s Innovations Award on Information Economics in China for year 2016

[9] Preference Submission Timing in School Choice Matching: Testing Fairness and Efficiency in the Laboratory, with Jaimie Lien and Xiaohan Zhong, Experimental Economics, 2016, 19(1): 116-150 (working paper version)

[10] Incentive Mechanism of Ability-Based Grouping: An Economic Analysis Based on Contest Game (“基于竞赛模型的分层教学激励机制研究” in Chinese), with Hao Chen and Xiaohan Zhong, China Journal of Economics (《经济学报》), 2015, 2(4): 36-61

[11] Deciding When to Quit: Reference-Dependence over Slot Machine Outcomes, with Jaimie Lien, American Economic Review: Papers & Proceedings, 2015, 105(5):366-370 (working paper version)
  - Recipient of 
Theoretical Contributions Award on Information Economics in China from 2011 to 2015

[12] Infinitely Repeated Games with Self-Control: A Dual-Self Interpretation of the Monks Story, with Wei Wang, Automation and Remote Control, 2015, Vol.76(3), pp.521-534  (working paper version)

[13] The Relationship between Economic Theory and Experiments, with David K. Levine, Handbook of Experimental Economic Methodology, ed. Guillaume Frechette and Andrew Schotter, Oxford University Press, Ch.2, pp.43-57, February, 2015 (working paper version)

[14] Multi-Period Complete-Information Games with Self-Control: A Dual-Self Approach, with Wei Wang, Operations Research Transactions, 2012, Vol.16(4), pp.95-104

[15] Open Source Software Movement: A Challenging Opportunity for the Development of China’s Software Industry, with Mingzhi Li, Journal of Electronic Science and Technology of China, 2004, Vol.2 No.3, pp.47-52


Book Chapter

“The Relationship between Economic Theory and Experiments,” with David K. Levine, Handbook of Experimental Economic Methodology, ed. Guillaume Frechette and Andrew Schotter, Oxford University Press, Ch.2, pp.43-57, February 2015


Translation

Chinese translation of "Principles of Macroeconomics (2nd Edition)," by Robert H. Frank & Ben Bernanke, Tsinghua University Press, 2004 (ISBN 9787302082569) (with four other translators)

Chinese translation of "Principles of Microeconomics (2nd Edition)," by Robert H. Frank & Ben Bernanke, Tsinghua University Press, 2004 (ISBN 9787302086673) (with four other translators)


Working Paper

[1] Representativeness Biases and Lucky Store Effects, with Jaimie Lien and Jia Yuan, revision requested by International Economic Review

[2] Multi-period Matching with Commitment, with Mu Zhang, revision requested by Games and Economic Behavior

[3] One Step at a Time: Does Gradualism Build Coordination?, with Sam Asher, Plamen Nikolov and Maoliang Ye, invited to join the revision requested by Management Science

[4] 
Where You Stand Affects the Risks You Take: Socially Reference-Dependent Risk Attitudes, with Jaimie Lien

[5] Strong Bubbles and Common Expected Bubbles in a Finite Horizon Model

[6] Asymmetric Rent-Seeking Contests with Multiple Agents of Two Types, with Tao Cai and Qian Jiao

[7] 
The CMO’s Dilemma: A Dual CMO-CEO Model of Strategic Decision Making, with Ryan Krause, Richard Priem, Kimberly Whitler, and Guangliang Ye​

[8] Returning a Treasure: Revisiting the Asymmetric Matching Pennies Contradiction, with Jaimie Lien and Lin Zhang

[9] Fairness, Efficiency, and the Allocation Mechanism for Vehicle Plates: A Comparison of the Related Policies in Beijing and Shanghai, with Dong Wei

[10] 
Managing Competitions Using Information: Information Disclosure Policy in Contests with Heterogeneous Players, with Qian Jiao and Jaimie Lien

[11] Self-Controlling by Loss Aversion, with Jianxia Yang

[12] What Brings Consumers Back for More? Evidence from Quantifiable Gain and Loss Experiences in Penny Auctions, with Jaimie Lien and Minbo Xu

[13] Bad Bonuses: Incentive Incompatibility in the Chinese Income Tax Code, with Jaimie Lien and Xiaohan Zhong

[14] A Fairness Condition for Unfair Contests: Multi-Dimensional Discrimination with Asymmetric Agents, with Xiaoyu Cheng and Jaimie Lien

[15] Status-quo and Expectations-based Reference Dependence, with Jaimie Lien

[16] Discouraged or Motivated at University? Goals and Reference Points in Academic Performance, with Jaimie Lien

[17] Major Earthquakes and Time Preference Indicators, with Jaimie Lien and Qingqing Peng

[18] Information Asymmetry, Job Switching Mobility, and Screening of Abilities: A Tale of Two Sectors, with Xiao Chen, Wenqing Pan, and Tian Wu

[19] From Leininger and Linster to Morgan, with Zhonghong Kuang

[20] How Does Time Scarcity Influence Individual Performance in a Multi-tasking Context?, with Guangying Chen

[21] Gift Expenses and Risk Sharing: A Theory of Signaling and Evidence from Rural China, with Ruixin Wang

[22] 
Welfare Implications of a Flexible Retirement Policy, with Zhenhua Feng and Jaimie Lien

[23] Bayesian Persuasion in Sequential Tullock Contests, with Jian Chen and Zhonghong Kuang

[24] Multidimensional Tullock Contests, with Jaimie Lien and Hangcheng Zhao

 

Work in Progress

[1] Restructuring a Partnership with Ownership Limits, with Stephanie Lau
[2] Battle of the Sexes with Subjective Priors, with Jaimie Lien and Yongchao Zhang
[3] Savings, Layaway or Credit?, with Hanming Fang and Jaimie Lien
[4] Behavioral Voting: Theory and Evidence, with Kang Rong

[5
] Hybrid Auctions, with Hanjoon Michael Jung

[6] Business Cycle and Job Search Effort of the Unemployed, with Simon Chang and Shirui Wang
[7] First Mover Advantage versus Price Advantage – The Role of Network Effect in the Competition between Proprietary Software (PS) and Opensource Software (OSS), with Mingzhi Li and Jaimie Lien
[8] Information Structure, Bubble Frequency and Bubble Size, with Jaimie Lien and Mu Zhang
[9] Reference-Dependent Moral Hazard in Auto Insurance Claims, with Feng Gao and Jaimie Lien
[10] A New Solution to Nash’s Bargaining Problem, with Jaimie Lien
[11] Auctions for Public Commodities, with Hanjoon Michael Jung and Jaimie Lien
[12] Optimal Joint Design of Timing and Information Disclosure in Tullock Contests, with Jian Chen and Zhonghong Kuang
[13] The Value of the Knowledge of Others, with Guangying Chen and Jaimie Lien
[14] The Moving Store Phenomenon, with Guangying Chen, Zeng Lian and Jaimie Lien
[15] Information, Competition, and Spatial Price Discrimination, with Jaimie Lien and Yongchao Zhang
[16] Timing in Bricks versus Clicks: Real and Virtual Competition with Sequential Entrants, with Mingzhi Li and Jaimie Lien
Project in Charge/Research Grant

Hong Kong Research Grants Council, General Research Fund (co-Investigator), 2017/01 – 2019/12

National Natural Science Foundation of China Joint China-Russia Research Grant (co-P.I., grant number: 6151101095), 2016/01-2018/12

Tsinghua University Initiative Scientific Research Grant (P.I.), 2015/10-2018/09

Ministry of Education of China Young Scholar Startup Research Grant (P.I.), 2014/01-2015/12

National Natural Science Foundation of China Young Scholar Research Grant (P.I., grant number: 71203112), 2013/01-2015/12

Tsinghua University Initiative Scientific Research Grant (P.I., grant number: 2012Z02181), 2012/07-2015/06

Tsinghua University Junior Faculty Startup Research Grant (P.I.), 2012/09-2014/07


Project Participated as a Team Member

 

Tsinghua University Initiative Scientific Research Grant (P.I. Jaimie Lien), 2015/10-2018/09

Tsinghua University Initiative Scientific Research Grant (P.I. Ming Gao), 2015/10-2018/09

National Natural Science Foundation of China Young Scholar Research Grant (P.I. Jaimie Lien, grant number: 71303127), 2014/01-2016/12

Ministry of Education Grant for Ph.D. Researchers (P.I. Jaimie Lien, grant number: 20130002120030), 2014/01-2015/12

National Natural Science Foundation of China General Program Research Grant (P.I. Mingzhi Li, grant number: 71273151), 2013/01-2016/12

National Natural Science Foundation of China Young Scholar Research Grant (P.I. Ming Gao, grant number: 71203113), 2013/01-2015/12

Tsinghua University Initiative Scientific Research Grant (P.I. Jaimie Lien, grant number: 2012Z02182), 2012/07-2015/06

Tsinghua University Initiative Scientific Research Grant (P.I. Ming Gao, grant number: 2012Z02180), 2012/07-2015/06

Tsinghua University Humanities and Social Sciences Research Grant (P.I. Jaimie Lien, grant number: 2011WKYB018), 2012/03-2013/12

N.A.