PhD student in Business Economics
Thesis Title: Essays in Microeconomic Theory and Behavioural Economics
Biography
Zhuoqiong is a PhD student of Managerial Economics and Strategy group in the management department. He holds a Master’s degree in Economics from Peking University HSBC Business School, and a Master’s degree in Finance from the University of Hong Kong.
His field of research lies in microeconomic theory and behavioural economics. He teaches a variety of classes, including Microeconomics, Game Theory, Corporate Finance and Strategic Management at LSE.
Supervisors
Publications and Papers
Spying in Contests (Job Market Paper)
Abstract: Two players compete for a prize and their valuations are private information. Before the contest, each player can covertly acquire a costly, noisy and private signal regarding the opponent's valuation. In equilibrium, each player's effort in the contest is non-decreasing (non-increasing) in the posterior probability that the opponent has the same (a different) valuation. Accounting for the cost of spying, players are strictly better off than not spying on each other at all. Suppose instead that without incurring any cost to any player, each player can ex ante commit to disclose a signal about her valuation to the opponent, but cannot observe realisations of the signal. Then there does not exist any equilibrium in which both players disclose an informative signal to the opponent, even though doing so would benefit both players.
"The Gender Difference in the Value of Winning", with David Ong and Roman Sheremeta, Economics Letters, 2015, 137, 226-229.
“Heterogeneous Risk/Lose Aversion in Complete Information All-pay Auction”, with David Ong and Ella Segev, R&R at European Economic Review
“Persistent Bias in Advice-giving”, with Tobias Gesche
“Information Disclosure in Contests: Private vs. Public Signals” (Draft available upon request)
“Competition between and within Universities: Theoretical and Experimental Investigation of Group Identity and the Desire to Win", with David Ong and Roman Sheremeta, submitted
Teaching
Awards
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LSE Postgraduate Travel fund 2014, 2015;
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LSE PhD Scholarship 2012-2015;
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PKU Graduate Academic Travel Allowance 2011;
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PKU Academic Scholarship 2009-2012