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WEI Lijia
Date:2025-03-21

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Wei Lijia

Professor

Department of Mathematical Economics & Mathematical Finance

Email: ljwei@whu.edu.cn

Phone : +86-27-68753027

Ph.D, Economics, Xiamen University, 2008- 2012.

M.A., Economics, China University of Geosciences, 2006- 2008.

B.S., Communication Engineering, Zhejiang University, 1999- 2003.

www.ljwei.net


TEACHING AND RESEARCH AREAS

ŸTeaching courses : Econometrics

ŸResearch Areas: Experimental Economics, Mechanism Design and Applied Econometrics


ACADEMIC EXPERIENCE

ŸHead of the Department of Mathematical economics & mathematical finance, since March 2018.

ŸProfessor of Economics (Luojia young scholar), Wuhan University, since January 2016

ŸAssociate Professor of Economics, Wuhan University, since September 2012


MANAGERAL AND PRACTICAL EXPERIENCE

ŸExpert of Guangdong Provincial Advisory Committee for Public Resource Trading


SELECTED PUBLICATIONS

Journal Papers (International)

ŸJason Shachat, Matthew J. Walker, Lijia Wei, Contingent payments in procurement interactions: Experimental evidence, European Economic Review, 2024

ŸYiting Guo, Lijia Wei, Lian Xue, Intergenerational Preference Transmission in Physician Families During the Pandemic: Theory and Evidence, China Economic Review, 2024

ŸYan Peng, Jason Shachat, Lijia Wei, S Sarah Zhang, Speed traps: algorithmic trader performance under alternative market balances and structures. Experimental Economics, 2023.

ŸEdward Cartwright, Yiting Guo, Lijia Wei, Lian Xue, Medical occupation preference under the influence of the COVID-19 pandemic: The role of risk and altruistic preferences. Health Economics, 2023.

ŸYiting Guo, Jason Shachat, Matthew J. Walker, Lijia Wei, On the generalizability of using mobile devices to conduct economic experiments, Journal of Behavioral and Experimental Economics, Volume 106, 2023

ŸTe Bao, Lijia Wei, Yang Yu. The Impact of Information Interventions on Public Opinion on Social Media Regulation Evidence from a Survey on Twitters Trump Ban, Journal of Behavioral and Experimental Economic, 2023.

ŸMichael Kuroda, Jieran Li, Jason Shachat, Lijia Wei, Bochen Zhu, An experimental study of intra- and international cooperation: Chinese and American play in the Prisoner’s Dilemma Game, China Economic Review, Volume 74, 2022.

ŸYan Peng, Song Li and Lijia Wei, Trade War Risk and Valuation of Overseas Listed Companies: An Empirical Study on China Concept Stocks, Annual of Economics and Finance, May 2022.

ŸYan Peng, Yuxin Li, and Lijia Wei. Positive Sentiment and the Donation Amount: Social Norms in Crowdfunding Donations During the COVID-19 Pandemic. Frontiers in Psychology, 13, 2022.

ŸLucy F. Ackert, Brian D. KlugerLi Qi and Lijia Wei. An Experimental Examination of the Flow of Irrelevant Information across Markets, Southern Economic Journal, January 2022.

ŸHow the onset of the Covid-19 pandemic impacted pro-social behaviour and individual preferences: Experimental evidence from China, with Jason Shachat and Matthew J. Walker, Journal of Economic Behavior & Organization, Volume 190, 2021, 480-494

ŸViral social media videos can raise pro-social behaviours when an epidemic arises, with Yiting Guo, Jason Shachat and Matthew J. Walker. Journal of Economic Science Association, 2021.

ŸThe Impact of an Epidemic: Experimental Evidence on Preference Stability from Wuhan, Jason Shachat and Matthew J. Walker, AEA: Papers and Proceedings,May, 2021.

ŸSTIM: Scalable Time-Sensitive Influence Maximization in Large Social Networks, with Zhu Y., Ding K. and Zhong M. In: Nah Y., Cui B., Lee SW., Yu J.X., Moon YS., Whang S.E. (eds) Database Systems for Advanced Applications. DASFAA 2020. Lecture Notes in Computer Science, vol 12114. Springer, Cham.

ŸEvaluating car license auction mechanisms: Theory and experimental evidence, with Lijia Tan. China Economic Review, Volume 60, 2020

ŸRailroad development, temporal‐spatial externalities, and growth spillover: Theory and empirical evidence, with Yun Chen. Journal of Regional Science. 2018.11

ŸDynamic asset allocation and consumption under inflation inequality: The impacts of inflation experiences and expectations, with Shaoyu Li and Zhiwei Xu, Economic Modelling, Volume 61, February 2017, Pages 113–125

ŸValue-at-Risk Forecasting of Chinese Stock Index and Index Future Under Jumps, Permanent Component and Asymmetric Information, with Shaoyu Li and Zehua Huang, Emerging Markets Finance and Trade, Volume 52, Issue 5, 2016

ŸA hidden Markov model for the detection of pure and mixed strategy play in games, with Jason Shachat and J.T. Swarthout, Econometric Theory, Forthcoming.

ŸVoluntary Contribution Mechanism Played over an Infinite Horizon, with Lijia Tan, Pacific Economic Review, Vol. 19(03), 313–331, August 2014.

ŸProcuring Commodities: First Price Sealed Bid or English Auction?, with Jason Shachat, Marketing Science, 31:317-333 (2012)

Journal Papers (Domestic)

ŸSupply Models of Production Inputs, Pricing Deviations, and Efficiency Losses: An Experimental Economics Study, China Journal of Economics, 2024.

ŸThe Stability Mechanism of the Carbon Market: A Study of Experimental Economics, China Industrial Economics, 2018.

ŸA Markov Switching Dynamic Nelson-Siegel Model of Term Structure, forthcoming in Quarterly Journal of Finance

ŸFrom Economic Theory to Practice: a Survey on Market Design, World Economic Papers2013(03), 89-104.

ŸInstitutional Investors, Sub-owned Shares Reform and Stock Returns Volatility: Empirical Evidence from China, Systems Engineering - Theory and Practice, 2013(02), 545-556.

ŸOptimal Mechanism Design of One-sided Matching with Weak Preference Orders, Systems Engineering- Theory and Practice, 2011(09), 1687–1695.

ŸA Mechanism Design of China’s College and Graduate School Admissions Problem. China Economic Quarterly, 2009 9(1), 349–362.

RESEARCH GRANTS

Government-funded grants

ŸNational Natural Science Foundation of China (Grant No. 72433003), 2025.01-2029.12, CNY 160,000. 

ŸNational Natural Science Foundation of China (Grant No. 72173093), 2022.01-2025.12, CNY 480,000. 

ŸFundamental Research Funds for the Central Universities, Ministry of Education of China and Wuhan University, 2015, CNY 20,000.

ŸYoung Scholar Grant, National Natural Science Foundation of China (Grant No. 71403192), 2015.01-2017.12, CNY 200,000. 

ŸYoung Scholar Grant of Humanities and Social Sciences (Grant No. 14YJC790130), Ministry of Education of China, 2015.01-2017.12, CNY 80,000.

ŸFundamental Research Funds for the Central Universities (Grant No. 201122G011), Ministry of Education of China and Xiamen University, 2011, CNY 80,000.