Te Bao

Education:

CeNDEF, University of Amsterdam and Tinbergen Insititute M.Phil and Ph.D in Economics, 2012. Supervisor : Prof. dr. Cars Hommes.

Hong Kong University of Science and Technology M.Sc. Economics, June 2007.

Fudan University Bachelor in Economics, June 2006. Exchange Student, National University of Singapore, Sept.-Dec. 2004

Teaching Experience

• 2018-19 Lecturer for undergraduate courses: Econometric Analysis for Financial Data, Urban Economics, Master course: Behavioral Economics for Public Policy, Nanyang Technological University.
• 2018-19 Lecturer for undergraduate courses: Econometric Analysis for Financial Data, Urban Economics, PhD course: Contemporary Economic Issues, Nanyang Technological University. Lecturer for summer course: Introduction to Behavioral Economics and Finance, Jilin University.
• 2017-18 Lecturer for undergraduate courses: Econometric Analysis for Financial Data, Urban Economics, Nanyang Technological University.
• 2016-17 Lecturer for undergraduate courses: Econometric Analysis for Financial Data, Urban Economics, Nanyang Technological University.
• 2015-16 Lecturer for undergraduate courses: Econometric Analysis for Financial Data, Urban Economics, Nanyang Technological University.
• 2013-14 Lecturer for undergraduate courses: Microeconomics I. Econometrics for Economics and Business Economics. Empirical Research Paper for Business Economics, University of Groningen.
• 2012-13 Lecturer for graduate course: Bounded Rationality, University of Amsterdam. Guest Lecturer for graduate summer course: Experimental Economics and Finance, Nanjing University. Supervisor of bachelor thesis in econometrics, University of Amsterdam.
• 2011-12 Teaching Assistant for master courses: General Equilibrium Theory, Game Theory and Mathematical and Empirical Finance, University of Amsterdam
• 2010-11 Teaching Assistant for undergraduate courses: Mathematical Economics B (Industrial Organization), Dynamical Systems, Econometrics BE and Econometrics I, University of Amsterdam
• 2009-10 Teaching Assistant for undergraduate courses: Probability and Statistics III, Mathematics V, and Econometrics I, University of Amsterdam.

Publications

Journal Articles

Experimental Finance and Macroeconomics

1. Te Bao, Cars Hommes and Jiaoying Pei (2021), “Expectation Formation in Finance and Macroeconomics: A Review of New Experimental Evidence”, Journal of Behavioral and Experimental Finance, forthcoming (invited survey paper). (Link to article)
2. Te Bao Edward Halim, Charles Noussair and Eko Riyanto (2021), "Managerial Incentives and Stock Price Dynamics: An Experimental Approach". Experimental Economics, 24, 617–648. (Link to article)
3. Jiahua Zhu, Te Bao and Wai Mun Chia, (2021), "Evolutionary Selection of Prediction and Quantity Decision Rules in Experimental Asset Markets", Journal of Economic Behavior and Organization, 182, 363-404. (Link to article) ​11. Zhou Lu, Te Bao and Xiaohua Yu (2021), "Gender and Bubbles in Experimental Markets with Positive and Negative Expectation Feedback", Computational Economics, 57, 1307–1326. (Link to article)
4. Te Bao, Myrna Hennequin, Cars Hommes and Domenico Massaro (2020), "Coordination on Bubbles in Large-Group Asset Pricing Experiments", Journal of Economic Dynamics and Control, 110, 103702. (Link to article)
5. Te Bao and Jichuan Zong (2019), "The Impact of Interest Rate Policy Announcement on Asset Bubbles in Experimental Markets", Journal of Economic Dynamics and Control, 107, 103735. (Link to article)
6. Te Bao and Cars Hommes (2019), "When Speculators Meet Suppliers: Positive versus Negative Feedback in Experimental Housing Markets", Journal of Economic Dynamics and Control, 107, 103730. (Link to article)
7. Mikhail Anufriev, Te Bao, Angela Sutan and Jan Tuinstra (2019), "Fee Structure, Return Chasing and Mutual Fund Choice: an Experiment", Journal of Economic Behavior and Organization, 158, 449-474. (Link to article)
8. Bao, T., Dai, Y., and X. Yu (2018), "Memory and Discounting: Theory and Evidence", Journal of Economic Dynamics and Control, 88, 21-30. (Link to article)
9. Bao, T., Hommes, C.H., and Makarewicz, T.A. (2017), "Bubble Formation and (In)efficient Markets in Learning-to-Forecast and -Optimize Experiments", Economic Journal, 127(605), F581-F609. (Link to article)
10. Anufriev, M., Bao, T., and J. Tuinstra (2016), "Microfoundations for Switching Behavior in Heterogeneous Agent Models: An Experiment ", Journal of Economic Behavior and Organization, 129, 74-99. (Link to article)
11. Bao, T., and J. Duffy. (2016), "Adaptive vs. Eductive Learning: Theory and Evidence", European Economic Review, 83, 64-89. (Link to article)
12. Bao, T., Duffy, J., and Hommes, C.H. (2013). Learning, Forecasting and Optimizing: an Experimental Study. European Economic Review, 61, 186-204. (Link to article)
13. Bao, T., Hommes, C.H., Sonnemans, J., and Tuinstra, J. (2012). Individual Expectations, Limited Rationality and Aggregate Outcomes. Journal of Economic Dynamics and Control, 36(8), 1101-1120. (Link to article) ​