Prof. Yuk Fai FONG
PhD, Economics, Boston UniversityAreas of Expertise:
Microeconomics, Game Theory, Business Strategy
Details:
Relevant Teaching Experience with Universities:
- HKUST Business School
Associate Dean, Bilingual EMBA Academic Director, & Professor of Economics; Previously Professor(2017 – 2019, 2023 - present), Associate Professor (2011 – 2017), Visiting Scholar (January-June 2011), Assistant Professor (2002 – 2003)
- Hong Kong University Business School
Associate Dean (Taught Postgraduate), Professor of Management and Strategy; Professor of Economics; HKU Business School (2019 – 2023)
- Management and Strategy Department, Kellogg School of Management, Northwestern University
Assistant Professor, (2004 – 2011) Donald P. Jacobs Scholar (2003 –2004)
- HKUST: MBA Managerial Microeconomics, EMBA Managerial Economics, ExecEd Value Creation, MBA Orientation, MBA Homecoming, EMBA Opening Module, EMBA Homecoming Module
- HKU: MBA & EMBA Managerial Economic, MBA & EMBA Competitive Strategy, MBA Python for Managers, MGM Family Office Management
- Kellogg: MBA Strategy and Organization
Selected Research and Publications:
- “The Identification of Unobservable Independent and Spousal Leisure”, (with Junsen Zhang), Journal of Political Economy 109 (1), February 2001, 191-202.
- “When do Experts Cheat and Whom do They Target?”, RAND Journal of Economics, 36 (1), Spring 2005, 113-130.
- “Compensation for Quality Difference in a Search Model of Money” (with Balázs Szentes), International Economic Review, 46 (3), August 2005, 957-971.
- “On the Optimal Degree of Cooperation in the Repeated Prisoner's Dilemma with Side Payments” (with Jay Surti), Games and Economic Behavior, September 2009, 67 (1), 277–291.
- “Bidding in a Possibly Common-Value Auction”, (with Daniel F. Garrett), Note, Games and Economic Behavior, 70 (2), November 2010, 494-501.
- “Loyalty Rewards Facilitate Tacit Collusion”, (with Qihong Liu), Journal of Economics and Management Strategy, 20 (3), Fall 2011, 739–775.
- “Product Quality, Reputation, and Market Structure” (with Jim Dana), International Economic Review, November 2011, 52(4), 1059–1076.
- “Long-lived Consumers, Intertemporal Bundling and Collusion”, (with Jim Dana), Journal of Industrial Economics, December 2011, 59(4), 609–629.
- “When Does Aftermarket Monopolization Soften Foremarket Competition” (with Jin Li and Ke Liu), Journal of Economics and Management Strategy, 2016, 25(4), 852–879.
- “Information Revelation in Relational Contracts” (with Jin Li), Review of Economic Studies, 2017, 84, 277–299.
- “Relational Contracts, Limited Liability, and Employment Dynamics” (with Jin Li), Journal of Economic Theory, 2017, 169, 270-293.
- “Signaling by an Informed Service Provider” (with Frances Xu Lee), Journal of Economics and Management Strategy, 2017, 26(4), 955-968.
Other Professional Activities:
- Nominator of Nobel Memorial Prize in Economic Sciences
- Commission Member & Non-government Advisor to the International Competition Network, Hong Kong Competition Commission
- Editor, The B.E. Journals of Theatrical Economics, (2012-2022) (Associate Editor, 2006-2012)
- Associate Editor, International Journal of Industrial Organization (2009-2021)
Consulting Experience:
Shell Oil Company, Platinum Guild International, Optimas Capital, Academic Affiliate of Compass LexEcon