Research Interests
Experimental Economics, Mechanism Design and Applied Econometrics
Education
Ph.D, Economics, Xiamen University, Sept 2008-June 2012.
Academic Position
- Full Professor of Economics, Wuhan University, since November 2021
- Head of the Department of Mathematical economics & mathematical finance, since March 2018.
- Executive director of Center for Behavioral and experimental Research of Wuhan University, since 2018
- Professor of Economics (Luojia young scholar), Wuhan University, since January 2016
- Associate Professor of Economics, Wuhan University, September 2012 to January 2016
- Visiting Researcher, CESS, New York University. 2011 to 2012
Publication and Working Papers
Journal and Conference Publications (in English)
- Yan Peng, Jason Shachat, Lijia Wei, S Sarah Zhang, Speed traps: algorithmic trader performance under alternative market balances and structures. Experimental Economics, 2023.
- Edward 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.
- Yiting 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
- Te Bao, Lijia Wei, Yang Yu, The impact of information interventions on public opinion on social media regulation: Evidence from a survey on Twitter's Trump Ban, Journal of Behavioral and Experimental Economics, Volume 101,2022,
- Michael 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.
- Yan 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.
- Yan 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.
- Lucy F. Ackert, Brian D. Kluger,Li Qi and Lijia Wei. An Experimental Examination of the Flow of Irrelevant Information across Markets, Lucy F. Ackert, Brian D. Kluger and Li Qi, Southern Economic Journal, January 2022.
- Jason Shachat, Matthew J. Walker, Lijia Wei*, How the onset of the Covid-19 pandemic impacted pro-social behaviour and individual preferences: Experimental evidence from China, Journal of Economic Behavior & Organization, Volume 190, 2021,480-494
- Yiting Guo, Jason Shachat, Matthew J. Walker, Lijia Wei. Viral social media videos can raise pro-social behaviours when an epidemic arises. Journal of Economic Science Association, 2021.
- Jason Shachat, Matthew J. Walker and Lijia Wei, The Impact of an Epidemic: Experimental Evidence on Preference Stability from Wuhan, AEA: Papers and Proceedings, May 2021.
- Yuanyuan Zhu, Kailin Ding, Ming Zhong and Lijia Wei, Scalable Time-Sensitive Influence Maximization in Large Social Networks,International Conference on Database Systems for Advanced Applications (DASFAA), 2020.
- Lijia Tan, Lijia Wei, Evaluating car license auction mechanisms: Theory and experimental evidence, China Economic Review, Volume 60, 2020
- Yun Chen, Lijia Wei. Railroad development, temporal‐spatial externalities, and growth spillover: Theory and empirical evidence. Journal of Regional Science. 2018.11.
- Shaoyu Li, Lijia Wei, Zhiwei Xua, Dynamic asset allocation and consumption under inflation inequality: The impacts of inflation experiences and expectations, Economic Modelling, 2017.02.01
- Shaoyu Li ,Lijia Wei, Zehua Huang, Value-at-Risk Forecasting of Chinese Stock Index and Index Future Under Jumps, Permanent Component, and Asymmetric Information, Emerging Markets Finance and Trade, 2016.01.01, 52(5): 1072-1091
- Jason Shachat , Swarthout J.Todd, Lijia Wei*, A hidden markov model for the detection of pure and mixed strategy play in games, Econometric Theory , 2015.8.01, 31(4): 729-752
- Lijia Tan, Lijia Wei, Voluntary contribution mechanism played over an infinite horizon, Pacific Economic Review (SSCI期刊), 2014.8.01, 19(3): 313-331
- Jason Shachat ,Lijia Wei, Procuring Commodities: First Price Sealed Bid or English Auction? Procuring Commodities: First-Price Sealed-Bid or English Auction?, Marketing Science, 2012.4.01,31(2):317 -333
Journal Publications (in Chinese)
- The Stability Mechanism of the Carbon Market: A Study of Experimental Economics, with Yan Peng and Xiao Liu, China Industrial Economics, 2018(05).
- A Survey of Recent Developments in Railroad Economics, with Tongtong Zhang, Economic Review, 2018(06).
- A Markov Switching Dynamic Nelson-Siegel Model of Term Structure, with Yuanfei Cai, Quarterly Journal of Finance, 2018(03).
- From Economic Theory to Practice: a Survey on Market Design, World Economic Papers, 2013(03), 89-104.
- Institutional Investors, Sub-owned Shares Reform and Stock Returns Volatility: Empirical Evidence from China, Systems Engineering - Theory and Practice, 2013(02), 545-556.
- Optimal Mechanism Design of One-sided Matching with Weak Preference Orders, Systems Engineering- Theory and Practice, 2011(09), 1687–1695.
- A Mechanism Design of China’s College and Graduate School Admissions Problem. China Economic Quarterly, 2009 9(1), 349–362.
Working Papers (in English)
- Bai, Lu and Wei, Lijia and Xue, Lian, Endogenous AI-tocracy (November 18, 2023). Available at SSRN: https://ssrn.com/abstract=4636843 or http://dx.doi.org/10.2139/ssrn.4636843
- Bai, Lu and Gui, Zhengqing and Wei, Lijia and Xue, Lian, Strategic Interactions with an Algorithm Assistant: The Power of Data and Mechanism. Available at SSRN: https://ssrn.com/abstract=4441856 or http://dx.doi.org/10.2139/ssrn.4441856
- Guo, Yiting and Wei, Lijia and Xue, Lian, Intergeneration Preference Transmission in Physician Families: Evidence and Theory. Available at SSRN: https://ssrn.com/abstract=4522898 or http://dx.doi.org/10.2139/ssrn.4522898
- Shachat, J., & Wei, L. (2023). Discrete rule learning in first price auctions. ESI Working Paper 23-07. https://digitalcommons.chapman.edu/esi_working_papers/387/
- Walker, M. J., Shachat, J., & Wei, L. (2022). Contingent payments in procurement interactions - Experimental evidence. ESI Working Paper 22-18. https://digitalcommons.chapman.edu/esi_working_papers/379/
Honors, Awards, & Grants
Grants
- Senior Foreign Experts Visiting Project, Ministry of Science and Technology, 2023-2024, CNY 300,000.
- Senior Foreign Experts Visiting Project, Ministry of Science and Technology, 2021-2022, CNY 200,000.
- General Program (Grant No. 72173093), National Natural Science Foundation of China, 2022.01-2025.12, CNY 480,000.
- Key project of the "New Generation Information Technology Innovation Project", The Science and Technology Development Center of the Ministry of Education, 2020, CNY 200,000.
- Senior Foreign Experts Visiting Project, Ministry of Science and Technology, 2019, CNY 180,000.
- Start-up Funding of Center for Behavioral and experimental Research of Wuhan University, Wuhan University, 2018, CNY 1,000,000.
- Fundamental Research Funds for the Central Universities, Ministry of Education of China and Wuhan University, 2015, CNY 20,000.
- Young Scholar Program (Grant No. 71403192), National Natural Science Foundation of China, 2015.01-2017.12, CNY 200,000.
- Young Scholar Grant of Humanities and Social Sciences (Grant No. 14YJC790130), Ministry of Education of China, 2015.01-2017.12, CNY 80,000.
- Fundamental Research Funds for the Central Universities (Grant No. 201122G011), Ministry of Education of China and Xiamen University, 2011, CNY 80,000.
Professional service
- Board director of China Economist Society
- Expert of Guangdong Provincial Advisory Committee for Public Resource Trading
- Co-organizer Inaugural and Second Wuhan Cherry Blossom Workshop in Experimental Economics, Wuhan University (2018, 2019)