Academic Positions

  • Present 2020

    Teaching Fellow

    University of Sydney,
    School of Economics

  • Present 2018

    Academic tutor

    University of Sydney,
    School of Economics

  • Present 2016

    Research assistant

    University of Sydney,
    School of Economics

  • 2015 2015

    Postgraduate peer mentor

    University of Sydney,
    Business School

Education

  • Doctorate In progress

    Ph.D. in Experimental Economics

    University of Sydney
    School of Economics

  • Masters.2016

    Master of Commerce

    University of Sydney

  • B.A.2014

    Bachelor of Economics

    Guangdong University of Foreign Studies

Merit-based selective summer school

Honors and Awards

  • 2019
    Dean's Citation for Excellence in Tutorials
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    This award is rewarded to 10 tutors each year for their contribution in creating an effective learning environment.
  • 2019
    Australian Research Council Centre of Excellence Student Travel Award
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    This grant provides $6,000 support for me to undertake short academic visit in New York University and University of Pennsylvania.
  • 2019
    Faculty of Arts and Social Science Doctoral Research Travel Grant Scheme
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    This grant provides $3,500 support for me to undertake primary research involving significant travel outside of Sydney.
  • 2018
    The University of Sydney Postgraduate Research Support Scheme
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    PRSS provides University funding for travel to, attendance at, and participation in conferences around the world.
  • 2017
    CPC Summer Scholarship
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    The Charlies Perkins Centre offers a select group of high-achieving students enrolled at University of Sydney, the opportunity to learn valuable research skills and learn from senior researchers. In 2016, 10 students were selected.
  • 2017
    TOP100 International Student Award
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    Performance Education Group sponsored the ‘International Student Award’ that recognises the most outstanding international student.
  • 2016
    Top100 Australia Future Leaders
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    Annually, in conjunction with the AFR, GradConnection announces the Top100 Future Leader. I am one of finalists for "International Student Award" and "Westpac Banking, Insurance and Financial Service Award".
  • 2014
    Chinese Government Scholarship
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    Annually, Chinese government sponsors 300 students from all districts in China to go overseas for further study.
  • 2012
    Wang Huiyao Scholarship
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    Mr. Wang, president of of Center for China and Globalisation, sets up his scholarship at Guangdong University of Foreign Studies. Up to 5 students will be awarded every year.
  • 2010
    First class Scholarship
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    A school-wide scholarship set up for high-achieving students annually at Guandong University of Foreign Studies.

Working Paper

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    Present bias for monetary and dietary rewards: Evidence from Chinese teenagers, under review

    Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of present bias for money with estimates for healthy and unhealthy foods. In a within-subjects longitudinal experiment with 697 low-income Chinese high school students we find strong present bias for both money and food, and that individual measures of present bias are moderately correlated across reward types. Our experimental measures of time preferences over money predict field behaviours better than preferences elicited over foods.

    Link to paper
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    Increased risk taking, not loss tolerance, drives adolescents' propensity to gamble more under peer observation, revision requested from the Journal of Economic Behavior and Organization

    Relative to adults, adolescents make more welfare-decreasing decisions, especially in the presence of peers. The consequences of these decisions result in substantial individual and societal losses in terms of lives lost, injury, hospitalization costs, and foregone opportunities. In this paper, we used laboratory experiments with younger (12-17 years old) and older (18-24 years old) adolescents to identify which economic preference is affected by peer observation in adolescence — risk attitudes in gains, risk attitudes in losses, and/or loss aversion. We found that while observed by peers, older adolescents become more risk-tolerant both in gains and in losses but more loss averse. We discuss potential mechanisms driving the result and its implications for policy.

    Link to paper

Work in progress

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    Do people show present-biased time preference towards money? A meta-analysis (manuscript in preparation)

    Quasi-hyperbolic discounting is one of the most well-known and used models to capture self-control problems. The underlying assumption of the model is that agents have a “present bias” toward current consumption, as all future rewards are downweighed relative to rewards in the present, in addition to the standard exponential discounting of delayed rewards. To create a meta-analytic dataset of present bias estimates, we searched all major research databases using the intersection of a set of methodology keywords with a set of topic keywords. Of 2,351 articles from this search, both published and unpublished, 110 articles survived with inclusion criterion “reported point-estimated present bias parameter”, and a further 78 with inclusion criterion “present bias can be inferred”. We calculate the “average” present bias for monetary rewards and investigate how the type of study (e.g. experimental vs. observational; field vs. lab), methodology (e.g. convex time budget, longitudinal), subject pool, payment method, and publication status of a study affect the estimated magnitude of present bias.

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    Endowment effect after a loss: is it still there? (data collection in progress)

    The endowment effect describes the tendency for people who own a good to value it more than people who do not. In this paper, we propose a model based on neuroeconomics perspective and suggest that the relationship between the expectation and the ownership level can predict when the endowment effect occurs, does not occur and even reverse. We design an experiment to test our hypothesis: when subjects’ expectation exceeds the current ownership level, a reverse endowment effect will be observed. With 70 subjects, after controlling for expectation and subject misconception, we find evidence (though weak) support our hypothesis.

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    Endowment effect beyond one hour – how does the duration of ownership affect willingness to accept (data collection in progress)

    The endowment effect refers to the phenomenon that ownership of an object results in a higher valuation for that object, usually represented in the form of the WTP-WTA gap. Different models (e.g. loss aversion, diminishing marginal utility) are proposed to explain the WTP-WTA gap. However, nearly all of the existing literature focuses on the instant endowment effect, where different models generate same predictions on the WTP-WTA gap. This disables researchers to study which model is better in explaining the WTP-WTA gap. In this paper, we discuss different predictions of traditional explanations on the existence and strength of WTP-WTA gap when the duration of ownership is longer. We find loss aversion predicts that the WTA will monotonically increase with the duration of current ownership, whereas diminishing marginal utility predicts WTA will firstly increase but then decrease as time passes. In the experiment, we extend the duration of ownership to 120 minutes (1 time longer than the duration studied in the current literature) and find evidence to support diminishing marginal utility theory.

  • 2020

    - Society of Neuroeconomics Annual Meeting

    - ESA Virtual Global meeting

    - Sydney Experimental and Behavioural Research Brownbag Seminars

  • 2019

    - University of Pennsylvania weekly seminar

    - ESA North American Conference

    - Society of Neuroeconomics Annual meeting

    - The Seventh Summer School of Econometric Society

    - Sydney Workshop on Experimental Economics and Theory

  • 2018

    - Society for Neuroeconomics Annual Meeting

    - Charles Perkins Centre Early to Mid-Career Researcher Symposium

    - Behavioural and Experimental Economics and Finance Workshop

  • 2017

    - Behavioural Economics: Foundations and Applied Research

    - Australia New Zealand Workshop on Experimental Economics

  • 2016

    - Sydney Experimental and Behavioural Research Brownbag Seminars