Qiang Fu

Qiang Fu is an economist. He graduated from Guanghua School of Management, Peking University in 1998. He pursued his graduate study of economics at Indiana University, Bloomington from 2000 to 2005, and obtained his Ph.D. in economics.

Qiang joined NUS Business School, National University in 2005 for an academic career. As an applied game theorist, his research focuses on the economics of contests and tournaments and organizational economics.

Qiang offers a broad array of courses at NUS, ranging from Managerial Economics for MBA, Game Theoretical Modelling for PhD, to Macro economics and international finance for EMBA.

Education Qualifications

• Ph.D., Economics, Indiana University, USA, 2005
• M.A., Economics, Indiana University, USA, 2003
• M.Sc., Management, National University of Singapore, Singapore, 2001
• B.E., Business Administration, Peking University, China, 1998

Research Interests

• Applied Game Theory, Economics of Contests, Tournaments, and Relative Performance Evaluation, Industrial Organization, Political Economy.

Companies

• Associate Professor National University of Singapore (2012)
• Assistant Professor National University of Singapore (2005 — 2012)

Courses

• BSP1005, Managerial Economics
• BMA5001, Managerial Economics
• BBP6793, Microeconomic Theory

Publications

Expectations-based Loss Aversion in Contests, with Zenan Wu, Youji Lyu, and Yuanjie Zhang, Games and Economic Behavior, 2022, 133, 1-27 (Supplementary Appendix).

On the Paradox of Mediocracy, with Ming Li and Xue Qiao, Journal of Economics & Management Strategy, forthcoming.

On Equilibrium Existence in Generalized Multi-Prize Lottery Contests, with Zenan Wu and Yuxuan Zhu, Journal of Economic Theory, 2022, 200, 105377.

Multi-prize Contests with Risk-averse Players, with Xiruo Wang and Zenan Wu, Games and Economic Behavior, 2021, 129, 513-535.

Feedback and Favoritism in Sequential Elimination, with Zenan Wu, American Economic Journal: Microeconomics, forthcoming.

How to Sell a New Durable Good: A Signaling Rationale for Hunger Marketing and Word of Mouth, with Hong Feng and Lan Zhang, International Journal of Industrial Organization, forthcoming.

Optimally Biased Tullock Contests, with Shanglyu Deng and Zenan Wu, Journal of Mathematical Economics, 2021, 92, 10-21.

On the optimal Design of Biased Contests, with Zenan Wu, Theoretical Economics, 2020, 15, 1435-1470.

On Equilibrium Ordering in Sequential Team Contests, with Jingfeng Lu, Economic Inquiry, 2020, 58(4), 1830-1844.

Contests: Theory and Topics, with Zenan Wu, a survey on theoretical studies of contests as an invited contribution to Oxford Research Encyclopedia of Economics, 2019.

Multi-market Value Creation and Competition, with Ganesh Iyer, Marketing Science, 2019, 38(1), 129-149.

Law, Social Responsibility, and Outsourcing, with Jie Gong and Ivan Png, International Journal of Industrial Organization, 2018, 57, 114-146.

Do Exclusivity Arrangements Hurt Consumers, with Jihui Chen, Journal of Regulatory Economics, 2017, 51(3), 311-319.

Optimal Disclosure Policy in Contests with Asymmetric Entry, with Jingfeng Lu and Jun Zhang, the Canadian Journal of Economics, 2016, 49(1), 52-75.

"Success Breeds Success" or "Pride Goes Before a Fall?": Teams and Individuals in Team- Production Contests, with Changxia Ke and Fangfang Tan, Games and Economic Behavior, 2015, 94, 57-79.

Team Contests with Multiple Pairwise Battles, with Jingfeng Lu and Yue Pan, American Economic Review, 2015, 105(7), 2120-2140.

Contests with Endogenous Entries, with Qian Jiao and Jingfeng Lu, International Journal of Game Theory, 2015, 44(2), 2015.

Disclosure Policy in Contest with Stochastic Abilities, with Qian Jiao and Jingfeng Lu, Economics Letters, 2014, 125(3), 376ñ380.

"Reverse"-Lottery Contest and Contest Elimination Function, with Jingfeng Lu and Zhewei Wang, Journal of Mathematical Economics, 2014, 50, 128-140.

Reputation-Concerned Policy Makers and Endogenous Institutional Bias, with Ming Li, the Journal of Public Economics, 2014, 110, 15-25.

Communication and Commitment in Contests, with Oliver Gurtler and Johannes Munster, Journal of Economic Behavior & Organization, 2013, 95, 1-19 (lead article).

Competitive Effects of Cross-Shareholdings in All-Pay Auctions with Complete Information, with Jingfeng Lu, International Journal of Industrial Organization, 2013, 31(3), 267-277.

Incentivizing R&D: Prize or Subsidies? with Jingfeng Lu and Yuanzhu Lu, International Journal of Industrial Organization, 2012, 30(1), 67-79.

Micro Foundation of Generalized Multi-Prize Contests: A Noisy Ranking Perspective, with Jingfeng Lu, Social Choice and Welfare, 38(3), 2012, 497-517.

The Optimal Multi-Stage Contests, with Jingfeng Lu, Economic Theory, 2012, 51(2), 351-382 (lead article; featured at NAJ Economics, 14, 2007).

On Disclosure Policy in Contests with Stochastic Entry, with Qian Jiao and Jingfeng Lu, Public Choice, 2011, 148, 419-434.

Contest Design and Optimal Endogenous Entry, with Jingfeng Lu, Economic Inquiry, 2010, 48, 80-88.

Contests with Pre-Contest Investment, with Jingfeng Lu, Economics Letters, 2009, 103, 142- 145.

The Beauty of "Bigness": on Optimal Design of Multi-Winner Contests, with Jingfeng Lu, Games and Economic Behavior, 2009, 66, 146-161.

A Theory of Affirmative Action in College Admissions, Economic Inquiry, 2006, 44, 420-429

Endogenous Timing in Contest with Asymmetric Information, Public Choice, 2006, 129, 1-23(lead article).