Ph.D. in Economics  UC Davis 2014-2020

M.A. in Economics UC Davis 2014-2015;

B.A. in Economics Tsinghua University 2010-2014;

1.Informed speculation with k-level reasoning, Journal of Economic Theory, 2022.
2.Idiosyncratic risk and the equity premium, with Andres Carvajal, Journal of Mathematical Economics,2024.
3.Down payment requirements and house prices: Quasi-experiment evidence from Shanghai, with Haopeng Shen and Zhengyi Zhou, Real Estate Economics, forthcoming.
4.Level-k thiking in the extensive form, with Burkhard Schipper, Economic Theory, forthcoming.
5.On the sophistication of financial investors and the information revealed by prices, with Andres Carvajal, Journal of Dynamics and Games, forthcoming.
6.Learning to bet (rationally) with logs. with Andres Carvajal, under review.
7.Voluntary disclosure of insider's private awareness, with Burkhard Schipper, work in progress.

市场微观结构 行为金融学

Informed speculation with k-level reasoning; On the sophistication of financial investors and information revealed by asset prices