Qingmin Liu

Department of Economics, University of Pennsylvania

428 McNeil, 3718 Locust Walk
Philadelphia, PA 19104-6297

Tel: (215) 746-3475

Fax: (215) 573-4217

E-mail: qingmin (at) econ.upenn.edu

Married to Renna Wen.

Administrative Assistant:

Donna M. Daniels

Tel: (215) 898-2934

Fax: (215) 573-4217

Employment

∙ Assistant Professor, University of Pennsylvania, 2008-present

∙ Post-doc Fellow, Cowles Foundation, Yale University, 2007-08

Education

∙ Ph.D. Stanford University (GSB), 2007. Advisors: Yossi Feinberg, Andy Skrzypacz, Bob Wilson

∙ B.A. Beijing University, 2002.

Fellowship

∙ Cowles Foundation Postdoctoral Fellowship, Yale University, 2007-08

Research Interests

Microeconomics

Publication

Qingmin Liu On Redundant Types and Bayesian Formulation of Incomplete Information, Journal of Economic Theory, 2009, v144, pp 2115-2145

Qingmin Liu Information Acquisition and Reputation Dynamics, Forthcoming, Review of Economic Studies.

Qingmin Liu Equilibrium of a Sequence of Auctions when Bidders Demand Multiple Items. Economics Letters

∙ Intuition for increasing price paths with risk-neutral bidders and diminishing marginal valuations.

Working Papers

Qingmin Liu and Andrzej Skrzypacz (2011) Limited Records and Reputation.

∙ Our predictions are consistent with the reports from the art of strategic mortgage default:

(i) Homeowners with large mortgage balances generally are more likely to pull the plug than those with lower balances.

(ii) People with credit ratings in the two highest categories are more likely to strategically default.

Jihong Lee and Qingmin Liu (2010) Gambling Reputation: Repeated Bargaining with Outside Options. (Supplementary Material)

Under Major Revision; new version available soon.

Subsumed early versions circulated under different titles and focuses:

* Reputation in Repeated Settlement Bargaining (2008)

* The Dynamics of Bargaining Postures: The Role of a Third Party (2008)

Qingmin Liu (2009) Higher-Order Beliefs and Epistemic Conditions for Nash Equilibrium.

Ufuk Akcigit and Qingmin Liu, Mechanism Design for Efficient Competitive R&D.

Work in Progress

Ayca Kaya and Qingmin Liu, Bargaining and Transparency.

Eduardo Faingold, Qingmin Liu, Xianwen Shi, Bargaining with Experimentation: the Role of Commitment.

Referee for

American Economic Review, AEJ: microeconomics, Econometrica, Economic Theory, International Economic Review, International Journal of Game Theory, International Journal of Industrial Organization, Games and Economic Behavior, Journal of Economics & Management Strategy, Journal of the European Economic Association, Journal of Economic Theory, Journal of Mathematical Economics, Journal of Political Economy, Social Choice and Welfare, Theory and Decision, Theoretical Economics, Review of Economic Studies, National Science Foundation (1x), Hong Kong Research Grants Council (3x)

Teaching Experience

At Penn

Econ 898: Mathematics in Economics; Consumer & Producer Theory (1st year PhD, 2008, 2009, 2010)

Econ 713: Game Theory (2nd year PhD, 2009)

Econ 703: Microeconomics II (1st year PhD, 2010, co-teach with Prof. George Mailath)

Econ 101: Intermediate Microeconomics (undergraduate, 2008, 2010)

At Yale

Econ 477: Economics of Auctions (Yale, 2007, Senior Seminar)

At Stanford GSB

Human Resource Management (Stanford GSB, 2007, MBA, Course Assistant to Prof. Paul Oyer)

Human Resource Management (Stanford GSB, 2007, EMBA, Course Assistant to Prof. Kathryn L. Shaw)

Strategy in Business (Stanford GSB, 2005, MBA, Course Assistant to Prof. John McMillan)

MGTEcon 601 Microeconomics II (Stanford GSB, 1st year Econ & Finance PhD, 2005, 06, 07, Course Assistant to Prof. Robert Wilson)

Departmental Committee

Graduate Examinations Committee (2^nd reader of Econ 703, 08-10)

Graduate Admission Committee (08-09)

Undergraduate Committee (2010)

PhD Students advised as committee member:

Antonio Penta (2010, Wisconsin-Madison)

Xi Weng (2011, Beijing University)

Xiangting Hu (current)

Chong Huang (current)