韩冰
访问
中国 北京（100083）
清华大学五道口金融学院

简历



教育背景
2002年 加州大学洛杉矶分校安德森管理学院 金融学 博士学位
1997年 芝加哥大学数学 博士学位
工作经历
2013年7月-至今 多伦多大学罗特曼管理学院，金融学教授
2017年7月-至今 多伦多大学罗特曼管理学院，应用定量金融学讲座主席
2009年12月-2013年6月 德州大学奥斯汀分校麦科姆斯商学院，金融学副教授(终身教职)
2006年7月-2009年12月 德州大学奥斯汀分校，金融学助理教授
2002年7月-2006年6月 俄亥俄州立大学，金融学助理教授
1998年6月-1998年10月 J.P.摩根证券公司助理研究员
1993年9月-1997年8月 芝加哥大学数学系，讲师
讲授课程
资产定价理论（博士)
投资学（工商管理硕士）
高级投资学（金融风险管理硕士）
投资管理学（本科）
主要研究领域
理论和实证资产定价
行为金融学
风险管理学
不动产金融学

荣誉及奖项
Outstanding Paper Award, China International Forum on Finance and Policy, July 2018
IFSID Research grant, 2017-2018, Montreal Institute of Structured Finance and Derivatives
Best Paper Award at the Second Shanghai Risk Forum, 2016
Best Paper Award at the 19th Chinese Finance Association (TCFA) Meeting, 2013
American Association of Individual Investors award for outstanding paper in asset pricing research, 2013 Midwest Finance Association Conference
Nominated for the 2012-13 McCombs School Award for Research Excellence
Best paper prize, 2012 Chinese Finance Annual Conference
Sp?ngler IQAM Best Paper Prize (runners-up), for the best papers published in the Review of Finance in 2011
Hong Kong Government Research Grant (co-investigator), 2011
CBA Foundation Advisory Council Fellowship, University of Texas, 2011-2013
CBA Foundation Research Excellence Award, University of Texas, 2009-2010
CIBER Grant, 2007-2008, University of Texas
Dean’s Summer Research Fellowship, 2005, Ohio State University
Research Fellow, Charles A. Dice Center for Research in Financial Economics, 2002-2006
CIBER Global Competence Awards 2004-2005, Ohio State University
UCLA Regents Fellowship, 1997-2001
College Scholarship, University of Chicago, 1992-1997
University Fellowship, University of Chicago, 1991-1992
Guang-Hua Scholarship, Nankai University, China, 1988-1991
First Prize in Chinese Mathematical Olympiad, 1987

发表成果
[1] Prospect Theory, Mental Accounting and Momentum (with Mark Grinblatt). Journal of Financial Economics, 2005, Vol. 78, pp. 311-339.
Ranked 61 in a list of the 300 most cited articles published in the area of Finance during the period 2000-2006, see Table 1 in Keloharju (European Financial Management, Volume 14, Issue 3, pages 564–608, June 2008).
[2] Insider Ownership and Firm Performance: Evidence from Real Estate Investment Trusts. Journal of Real Estate Finance and Economics, 2006, Vol. 32, pp. 471-493.
[3] Stochastic Volatilities and Correlations of Bond Yields. Journal of Finance, 2007, Vol. 62, pp. 1491-1524.
[4] The U.S. Treasury Buyback Auctions: The Cost of Retiring Illiquid Bonds (with Craig Merrill and Francis Longstaff). Journal of Finance, 2007, Vol. 62, pp. 2673-2693.
[5] Investor Sentiment and Option Prices. Review of Financial Studies, 2008, Vol. 21, pp. 387-414.
[6] Promotion Tournaments and Capital Rationing (with David Hirshleifer and John Persons). Review of Financial Studies, 2009, Vol. 22, pp. 219-255.
[7] Forecast Accuracy Uncertainty and Momentum (with Dong Hong and Mitch Warachka). Management Science, 2009, Vol. 55, pp. 1035-1046.
[8] Thinking about Indexes, and “Passive” versus Active Management (with Russell J. Fuller and Yining Tung). Journal of Portfolio Management, Summer 2010, Vol 36, No. 4, pp. 35-47.
[9] Fear of the Unknown: Familiarity and Economic Decisions (with H. Henry Cao, David Hirshleifer, and Harold Zhang). Review of Finance, 2011, Vol. 15 (1), pp. 173-206.
[10]Investor Overconfidence and the Forward Discount Puzzle (with Craig Burnside, David Hirshleifer and Tracy Wang). Review of Economic Studies, 2011, Vol. 78 (2), pp. 523-558.
[11] Taking the Road Less Travelled: Does Conversation Eradicate Pernicious Cascades? (with H. Henry Cao and David Hirshleifer). Journal of Economic Theory, 2011, Vol. 146 (4), pp. 1418-1436.
[12] Estimating the Impact of Ex Post Mis-pricing in Various Sectors of Equity Markets (with Russell J. Fuller and Yining Tung). Journal of Investment Management, Third Quarter 2012.
[13] Cross-section of Option Returns and Idiosyncratic Stock Volatility (with Jie Cao). Journal of Financial Economics, 2013, Vol. 108, pp. 231-249.
[14] Speculative Retail Trading and Asset Prices (with Alok Kumar). Journal of Financial and Quantitative Analysis, 2013, Vol. 48 (2), pp. 377-404.
[15] Social Networks, Information Acquisition, and Asset Prices (with Liyan Yang). Management Science, 2013, Vol. 59 (6), pp. 1444-1457.
[16] Understanding the Term Structure of Credit Default Swap Spreads (with Yi Zhou). Journal of Empirical Finance, 2015, Vol. 31, pp. 18-35.
[17] Public Information and Uninformed Trading: Implications for Market Liquidity and Price Efficiency (with Ya Tang and Liyan Yang). Journal of Economic Theory, 2016, Vol. 163, pp. 604-643.
[18] Idiosyncratic Risk, Costly Arbitrage, and the Cross-Section of Stock Returns (with Jie Cao). Journal of Banking and Finance, 2016, Vol. 73, pp. 1-15.
[19] Term Structure of Credit Default Swap Spreads and Cross-section of Stock Returns (with Avanidhar Subrahmanyam and Yi Zhou). Journal of Financial Economics, 2017, Vol. 124 (1), pp. 147-171.
[20] Institutional Investment Constraints and Stock Prices (with Jie Cao and Qinghai Wang). Journal of Financial and Quantitative Analysis, 2017, Vol. 52 (2), pp. 465-489.
[21] Do Analysts Gain an Informational Advantage by Visiting Listed Companies? (with Dongmin Kong and Shasha Liu). Forthcoming at Contemporary Accounting Research.
[22] Housing Price and Fundamentals in the Long Run: The Case of Beijing Housing Market (with Lu Han and Guozhong Zhu). Forthcoming at International Economic Review.
[23] Two Trees with Heterogeneous Beliefs: Spillover Effect of Disagreement (with Lei Lu and Yi Zhou). Accepted at Journal of Financial and Quantitative Analysis.
工作论文
[1] Sentiment Risk, Sentiment Timing and Hedge Fund Returns (with Yong Chen and Jing Pan). Revise and resubmit at Journal of Finance.
[2] Option Return Predictability (with Jie Cao, Qing Tong, and Xintong Zhan). Revise and resubmit at Review of Financial Studies.
[3] Aggregate Implied Volatility Spread and Stock Market Returns (with Gang Li). Revise and resubmit at Management Science.
[4] Variance Risk Premium and Cross-section of Stock Returns (with Yi Zhou). Revise and resubmit at Review of Finance.
[5] Social Transmission Bias and Investor Behavior (with David Hirshleifer and Johan Walden). Under review at American Economic Review
[6] Visibility Bias in the Transmission of Consumption Norms and Undersaving (with David Hirshleifer and Johan Walden)
[7] Institutional Investors and Equity Prices: Information, Price Impact and
Arbitrage (with Dongmin Kong)
[8] Investor Trading Behavior and Returns: Evidence from Taiwan Stock Index
Options (with Yi-Tsung Lee and Jane Liu). SSRN Top Ten List.
[9] Does Disclosure Improve Efficiency (with Jane Liu, Ya Tang, and Lifeng Yu)
学术研讨会（不包含合著）
[1] “The Disposition Effect and Momentum,” Boston College, MIT, NYU, Ohio State University, Penn State University, UC Berkeley, UCLA, UC Irvine, University of North Carolina at Chapel-Hill, University of Texas at Austin, University of Washington at Seattle, University of Wisconsin at Madison, and Washington University at St. Louis.
[2] “Stochastic Volatilities and Correlations of Bond Yields,” Ohio State University.
[3] “Institutional Investment Constraints and Stock Prices,” Ohio State University, University of Texas at Austin, Hong Kong University of Science and Technology, Peking University
[4]“Limits of Arbitrage, Sentiment and Index Option Smile,” Brigham Young University, UC Irvine, and Ohio State University
[5] “Forecast Accuracy Uncertainty and Momentum,” University of Texas at Austin
[6] “Fear of the Unknown: Familiarity and Economic Decisions,” University of Texas at Austin, Nanyang Technological University
[7] “Retail Clienteles and the Idiosyncratic Volatility Puzzle,” University of Texas at Austin, University of Texas at Dallas, Peking University
[8] “Overconfidence and the Forward Discount Puzzle,” Singapore Management University, University of California at Davis, Texas Tech
[9] “Cross-section of Option Returns and Idiosyncratic Stock Volatility,” Chinese University of Hong Kong, Tsinghua University, University of Texas at Austin
[10] “Term Structure of Credit Default Swap Spreads and Cross-section of Stock Returns,” University of Texas at Austin, University of Toronto, University of Hong Kong, Peking University, Texas A&M University, Jilin University
[11]“Individual Stock Variance Risk Premium and Cross-section of Stock Returns,” University of Texas at Austin, York University, Chinese University of Hong Kong, Hong Kong University of Science and Technology, Cheung Kong Graduate School of Business, Shanghai University of Finance and Economics, University of Hawaii at Manoa, Texas A&M University
[12]“Social Network, Information Acquisition, and Asset Prices,” Cheung Kong Graduate School of Business, Peking University
[13] “Self-Enhancing Transmission Bias and Active Investing,” University of Toronto, University of Hong Kong, Singapore Management University, Shanghai Advanced Institute of Finance, Central University of Finance and Economics, Chinese University of Hong Kong, Southwestern University of Finance and Economics, Xiamen University
[14]“Noise Trader Risk and Hedge Fund Returns,” Chinese University of Hong Kong, Nanyang Technological University, Peking University, Shanghai University of Finance and Economics, Singapore Management University, Southwestern University of Finance and Economics, Xiamen University, Wilfrid Laurier University, Georgetown University, Jilin University, McMaster University, Nankai University
[15]“Visibility Bias in the Transmission of Consumption Norms and Undersaving,” Shanghai University of Finance and Economics, York University, University of Hong Kong, University of Houston, Renmin University, University of International Business and Economics
[16]“Two Trees with Heterogeneous Beliefs: Spillover Effect of Disagreement,” Southwestern University of Finance and Economics
[17]“Option Returns Predictability,” Shanghai University of Finance and Economics, Southwestern University of Finance and Economics, Peking University
会议发表及讨论（*）合著
2002 Western Finance Association Meetings
National Bureau of Economic Research Conference, April 2002
2003 Western Finance Association Meetings
2003 American Finance Association Annual Meetings
2004 American Finance Association Annual Meetings
Behavioral Finance Conference at DePaul University, January 2004
2004 Western Finance Association Meetings
2005 American Finance Association Annual Meetings
2005 American Real Estate and Urban Economics Association Annual Meetings
Behavioral Finance Conference at DePaul University, January 2005
10th Mitsui Symposium on Institutional Investors, University of Michigan
2005 Western Finance Association Meetings
2005 Financial Management Association Meetings
2006 American Finance Association Annual Meetings
Behavioral Finance Conference at DePaul University, March 2006
NBER Behavioral Finance Meeting, April 2006
2006 Western Finance Association Meetings
2006 Real Estate Research Conference in Vail
2006 China International Conference in Finance (*)
2006 European Finance Association Meetings
17th Annual Conference on Financial Economics and Accounting
2007 China International Conference in Finance
2007 Financial Management Association Meetings
2008 American Finance Association Annual Meetings
Southwind Finance Conference, University of Kansas (*)
Tenth Annual Texas Finance Festival
2008 China International Conference in Finance
Second Singapore International Conference on Finance
2009 Western Finance Association Meetings (*)
2009 China International Conference in Finance
Fourth Annual Conference on Advances in the Analysis of Hedge Fund Strategies (*)
Second Shanghai Winter Finance Conference (*)
2010 American Finance Association Annual Meetings
Journal of Investment Management Conference on Behavioral Finance (*)
20th FDIC Annual Derivatives Securities and Risk Management Conference
Quantitative Methods in Business Applications Conference, Peking University
2010 Western Finance Association Meetings
2010 Annual Meeting of Society for Economic Dynamics (*)
6th International Conference on Asia-Pacific Financial Markets at Seoul (*)
2010 NTU International Conference in Taipei (*)
2011 American Finance Association Annual Meetings
21st FDIC Derivatives Securities and Risk Management Conference (*, 2 papers)
2011 Financial Intermediation Research Conference (*)
Risk Management Conference, University of Oklahoma (*)
18th Annual Conference of Multinational Finance Society
Third Behavioral Finance Workshop at Peking University, 2011
2011 China International Conference in Finance (2 papers)
2nd Annual International Symposium in Real Estate Markets, National University of Singapore, 2011
2011 European Finance Association Meetings (*)
Third Annual Meeting of the Academy of Behavioral Finance & Economics (*)
2011 Financial Management Association Meetings (2 papers)
Second Annual Miami Behavioral Finance Conference
2012 American Finance Association Annual Meetings (3 papers)
5th Five Star Finance Forum, 2012
2012 Symposium on China’s Financial Markets, Peking University
2012 China International Conference in Finance
9th Chinese Finance Association Annual Meeting (*)
6th Singapore International Conference on Finance
Third Annual Conference of the Summer Institute of Finance, 2012 (*)
2012 Optionmetrics Research Conference (*)
2012 HKUST Symposium on Investments/Asset Pricing
2013 American Finance Association Annual Meetings
2013 Midwest Finance Association Conference (*)
2nd Annual Fixed Income Conference, Charleston, South Carolina (*)
2013 China Finance Review International Conference
2013 China International Conference in Finance
Stanford Institute for Theoretical Economics, Summer 2013 Workshop (*)
2013 European Finance Association Meetings
2013 Northern Finance Association Meetings (*)
2013 BYU Red Rock Finance Conference (*)
2013 Texas Quantitative Finance Festival
NBER Behavioral Finance Meeting, October 2013 (*)
10th Chinese Finance Association Annual Meeting (*)
2014 Midwest Finance Association Conference (*)
2014 Ohio State Finance Alumni Conference (*)
Third Symposium on Emerging Financial Markets
2014 China International Conference in Finance (2 papers)
Fifth Annual Conference of the Summer Institute of Finance, 2014
Third Conference on Derivatives, Montreal Institute of Structured Finance and Derivatives
JBF Conference on Recent Developments in Financial Econometrics and Applications, 2014 (*)
Fifth Miami Behavioral Finance Conference, December 2014 (*)
2014 HKUST Finance Symposium on Asset Pricing
Third Fordham-JBF Banking Conference, December 2014
2015 American Finance Association Annual Meetings
2015 American Economic Association Annual Meetings
First China Europe International Business School Finance Conference, 2015 (*)
2015 Asian Finance Association Annual Conference (*)
2015 Housing Affordability Conference at UCLA (*)
2015 Optionmetrics Research Conference (*)
Deutsche Bank Third Annual Global Quantitative Strategy Conference (*)
10th Annual Conference on Advances in the Analysis of Hedge Fund Strategies, Imperial College, December 2015 (*)
4th Chicago Quantitative Alliance Asia Conference (*)
8th Annual Conference on Hedge Funds, January 2016 (*)
6th Risk Management Conference at Quebec, March 2016 (*)
18th Annual Texas Finance Festival, April 2016
4th Annual Conference of Asian Bureau of Finance and Economic Research (*)
Macquarie Global Quantitative Research Conference (*)
First Annual China Derivatives Markets Conference (*)
1st PKU-NUS International Conference on Quantitative Finance and Economics (*)
2016 SFS Finance Cavalcade Conference
2016 China Financial Research Conference, Tsinghua University
2016 China International Conference in Finance (3 papers)
2016 Summer Institute of Finance Conference
2016 European Finance Association Meetings (*)
Fifth Conference on Derivatives, Montreal Institute of Structured Finance and
Derivatives (*)
2016 Northern Finance Association Conference
27th Annual Conference on Financial Economics & Accounting
2016 Financial Management Association Meetings (*)
Conference on Urban and Regional Economics, Federal Reserve Bank of Philadelphia (*)
2nd Annual Bank of Canada-University of Toronto Conference on the Chinese Economy
2016 Annual Meetings of Urban Economics Association, Minneapolis (*)
2016 China Accounting and Finance Review Conference, Hong Kong
2016 HKUST Finance Symposium on Asset Pricing
Second Annual Shanghai Risk Forum conference
2017 China Financial Research Conference
30th Asian Finance Association Annual Meeting, June 2018
2018 China Financial Research Conference
China International Forum on Finance and Policy, July 2018
2018 China International Conference in Finance
2018 Summer Institute of Finance
REFEREE&REVIEWER
Referee for Journal of Finance (18)
Referee for Review of Financial Studies (17)
Referee for Journal of Financial Economics (3)
Referee for American Economic Review (1)
Referee for Review of Economic Studies (1)
Referee for Journal of Financial and Quantitative Analysis (9)
Referee for Management Science (11)
Referee for Review of Asset Pricing Studies (2)
Referee for Journal of Econometrics (1)
Referee for Journal of Money, Credit, and Banking (1)
Referee for Journal of Financial Intermediation (1)
Referee for Journal of Financial Markets (4)
Referee for Journal of Banking and Finance (6)
Referee for Financial Management (6)
Referee for Journal of Empirical Finance (3)
Referee for Financial Review (3)
Referee for Journal of Real Estate Finance and Economics (3)
Referee for Real Estate Economics (1)
Referee for Journal of International Economics (1)
Referee for Journal of Economic Dynamics and Control (1)
Referee for Journal of International Money and Finance (1)
Referee for European Financial Management (1)
Referee for Journal of Economic Behavior and Organization (3)
Referee for Pacific-Basin Finance Journal (9)
Referee for Economic Inquiry (1)
Referee for Economic Journal (1)
Referee for Economics Letters (1)
Referee for Multinational Finance Journal (1)
Referee for Finance Research Letters (2)
Referee for European Journal of Finance (1)
Referee for International Finance (1)
Referee for Quantitative Finance (4)
Referee for Marketing Science (1)
Referee for Review of Derivatives Research (1)
Referee for Emerging Markets Finance and Trade (1)
Reviewer for the National Science Foundation (1)
Reviewer for Social Sciences and Humanities Research Council of Canada (1)
Reviewer for the Swiss National Science Foundation (1)
Reviewer for the Research Grants Council of Hong Kong (10)
Reviewer for the Romanian National Research Council (7)
Reviewer for “Financial Theory and Corporate Policy,” Copeland, Weston and Shastri, 4th edition
Reviewer for “Essentials of Investments,” by Bodie, Kane and Marcus, 6th edition and 8th edition
Reviewer for “A Behavioral Approach to Asset Pricing,” by Shefrin, 1st edition
Reviewer for McGraw-Hill/Irwin (2)
Reviewer for Wiley (2)
Reviewer for World Scientific Publishing (1)
Reviewer for MIT press (1)
Reviewer for Elsevier (1)
Reviewer for Routledge (1)
专业活动
Editor, Financial Management, 2016-present
Associate Editor, International Review of Finance, 2014-present
Associate Editor, Journal of Economic Dynamics and Control, 2015-present
Associate Editor, Journal of Empirical Finance, 2016-present
Associate Editor, Pacific-Basin Finance Journal, 2016-present
Program Committee, 2003 Western Finance Association Meetings
Program Committee, 2004 Western Finance Association Meetings
Program Committee, 2004 Financial Management Association Meetings
Program Committee & Session Chair, 2005 Western Finance Association Meetings
Program Committee & Session Chair, 2005 Financial Management Association Meetings
Program Committee, 2006 Western Finance Association Meetings
Program Committee & Session Chair, 2006 Financial Management Association Meetings
Program Committee, 2007 Western Finance Association Meetings
Program Committee & Session Chair, 2007 Financial Management Association Meetings
Program Committee, 2007 Lonestar Finance Symposium
Program Committee, 2008 Western Finance Association Meetings
Best Paper Award Committee, 2008 Financial Management Meetings
Program Committee, 2009 Western Finance Association Meetings
Program Committee & Session Chair, 2009 China International Conference in Finance
Program Committee, 2010 Financial Management Association Meetings
Program Committee, 2010 Western Finance Association Meetings
Program Committee & Session Chair, 2010 China International Conference in Finance
Program Committee, First Miami Behavioral Finance Conference, Dec 2010
Program Committee, 2011 Western Finance Association Meetings
Program Committee & Session Chair, 2011 Financial Management Association Meetings
Program Committee & Session Chair, 2011 China International Conference in Finance
Program Committee, Second Miami Behavioral Finance Conference, Dec 2011
Program Committee, 2012 Western Finance Association Meetings
Program Committee & Session Chair, 2012 China International Conference in Finance
Program Committee, Third Miami Behavioral Finance Conference, Dec 2012
Program Committee, 2013 European Financial Management Association Meeting
Program Committee, 2013 Western Finance Association Annual Meetings
Program Committee, 2013 Society of Financial Studies Cavalcade Conference
Program Committee, Second Symposium on China’s Financial Markets, Peking University, July 2013
Program Committee & Session Chair, 2013 China International Conference in Finance
Program Committee & Session Chair, 2013 Financial Management Association Meeting
Program Committee & Session Chair, 2013 European Finance Association Annual Meeting Session Chair, 2013 Northern Finance Association Annual Meetings
Program Committee, 2013 TCFA (Chinese Finance Association) Best Paper Symposium
Program Committee, Fourth Miami Behavioral Finance Conference, Dec 2013
Program Committee, 2014 Midwest Finance Association Annual Meetings
Program Committee, 2014 European Financial Management Association Meetings
Program Committee, 2014 Western Finance Association Annual Meetings
Program Committee & Session Chair, 2014 China International Conference in Finance
Program Committee, 2014 European Finance Association Meeting
Program Committee & Session Chair, 2014 Financial Management Association Meeting
Program Committee, Third Symposium on Emerging Financial Markets, China and Beyond, July 2014
Program Committee, 2014 Best Paper Symposium of the Chinese Finance Association
Program Committee, Fifth Miami Behavioral Finance Conference, Dec 2014
Program Committee & Session Chair, 2015 Western Finance Association Annual Meetings
Program Committee & Session Chair, 2015 Financial Management Association Meeting
Program Committee, 2015 Symposium on Emerging Financial Markets, China and Beyond
Program Committee Co-Chair, Best Paper Award Committee & Session Chair, 2015 China International Conference in Finance
Program Committee, Sixth Miami Behavioral Finance Conference, Dec 2015
Program Committee, 2016 Midwest Finance Association Annual Meetings
Program Committee, 2016 Western Finance Association Annual Meetings
Program Committee & Session Chair, 2016 Financial Management Association Meeting
Program Chair, 2016 China International Conference in Finance
Program Committee, 2016 Symposium on Emerging Financial Markets, China and Beyond
Program Committee & Session Chair, 27th Annual Conference on Financial Economics & Accounting
Program Committee, Seventh Miami Behavioral Finance Conference, Dec 2016
Conference Selection Committee, Finance Down Under Conference 2017
Program Co-Chair, 2017 Napa Conference on Financial Markets Research
Program Committee, 2017 Yong Scholars Finance Consortium
Program Committee, 2017 Texas Finance Festival
Program Committee, 2017 Western Finance Association Annual Meetings
Program Committee & Session Chair, 2017 Financial Management Association Meeting
Program Committee, 2017 European Finance Association Meeting
Session Chair, 2017 Financial Intermediation Research Society Conference
Program Committee & Session Chair, 2017 China International Conference in Finance
Program Committee, 2017 Summer Institute of Finance Annual Conference
Program Committee, 2017 Northern Finance Association Conference
Program Committee, Eighth Miami Behavioral Finance Conference, Dec 2017
Conference Selection Committee, Finance Down Under Conference 2018
Program Committee, 2018 Western Finance Association Annual Meetings
Program Committee, 2018 Texas Finance Festival
Program Committee & Session Chair, 2018 China International Conference in Finance
Program Committee, 2018 European Finance Association Meeting
Program Committee & Award Committee, 2018 Financial Management Association Meeting
Program Committee, 2018 Northern Finance Association Conference
Program Committee, 2018 Summer Institute of Finance Annual Conference
Program Committee, 2019 Yong Scholars Finance Consortium
External Examiner, Ph.D. Dissertation Committee for Markku Kaustia, 2003 (Helsinki School of Economics & Business Administration)
Member, Ph.D. Dissertation Committee for Danling Jiang, Ohio State University, 2006 (placement: Florida State University, currently at Stony Brook University)
Member, Ph.D. Dissertation Committee for Jin Xu, University of Texas at Austin, 2008 (Zebra Capital Management)
Co-Chair, Ph.D. Dissertation Committee for Jie Cao, University of Texas at Austin, 2009 (placement: Chinese University of Hong Kong)
Member, Ph.D. Dissertation Committee for Guozhong Zhu, University of Texas at Austin, 2009 (placement: Peking University; currently at University of Alberta)
Member, Ph.D. Dissertation Committee for Chishen Wei, University of Texas at Austin, 2011 (placement: Nanyang Business School, Singapore)
Member, Ph.D. Dissertation Committee for Kelvin Law, University of Texas at Austin, 2012 (placement: Tilburg University, Netherlands, currently at Nanyang Business School)
External Examiner, Ph.D. Dissertation Committee for Andrew Chiu, Hong Kong University of Science and Technology, 2013
Co-Chair, Ph.D. Dissertation Committee for Yousuf Haque, University of Toronto, 2015 (placement: Sheridan College, Canada)
Member, Ph.D. Dissertation Committee for Haoyu Xu, University of Toronto, 2016 (placement: Shanghai University of Finance and Economics, China)
Co-Chair, Ph.D. Dissertation Committee for Joon Bae, University of Toronto, 2017 (placement: Case Western University)
Co-Chair, Ph.D. Dissertation Committee for Christoph Schiller, University of Toronto
Member, Ph.D. Dissertation Committee for Yan Xiong, University of Toronto
Chair, Ph.D. Dissertation Committee for Gang Li, University of Toronto
External Examiner, Ph.D. Dissertation Committee for Hao Luo, McMaster University, 2017
Promotion and tenure evaluation for Singapore Management University
Promotion and tenure evaluation for University of Miami (2)
Promotion and tenure evaluation for University of Texas at Dallas
Promotion and tenure evaluation for Guanghua School of Management, Peking University (3)
Promotion and tenure evaluation for Shanghai Advanced Institute of Finance, Shanghai Jiaotong University
Promotion and tenure evaluation for Shanghai University of Finance and Economics
Promotion evaluation for University of Texas at El Paso
Promotion evaluation for China Center for Economic Research, Peking University
Promotion evaluation for University of Windsor
Promotion and tenure evaluation for Rensselaer Polytechnic Institute
Programme Review Panelist for Chinese University of Hong Kong
External Examiner for Hong Kong University Master of Finance Programme

服务
Member, Research Committee, Rotman International Centre for Pension Management, 2013-present
Rotman MBA Programs Committee 2018-2021
Rotman School Finance Faculty Recruiting Committee 2013-14, 2014-15, 2015-16, 2016-17
Tenure Promotion Committee, Rotman School of Management, 2014-15, 2016-17, 2018-19
Departmental Reading Evaluation Committee, Rotman School of Management, 2014-15, 2016-17
Rotman School of Management Ph.D. Referee, 2013, 2015
Master of Finance Admission Committee 2011-2013, University of Texas at Austin
Reviewer for the Texas Finance Festival, 2009-2012
Research and Teaching Awards Committee, University of Texas at Austin, 2009-2011
Seminar Coordinator, University of Texas at Austin, 2007
Undergraduate Curriculum Committee, University of Texas at Austin, 2010-2013
Superviser of summer research paper for four Ph.D. students, 2007-2013
Thesis Advisor for three Undergraduate Honor/Plan II Students, 2008-2012
M.S. and Ph.D. Comprehensive Examination Committees, Department of Finance, Ohio State University, 2002-2006
Ph.D. Curriculum Committee, Ohio State University, 2005-2006

媒体提及
Smart Money, “The Trend is Your Friend,” March 12, 2002
New York Times, “Why the Market’s Winners Tend to Keep Winning,” May 4, 2003
Newswise, “Why Some Stocks Keep Winning, While Others Keep Losing,” Jan 9, 2006 (also appeared at European Intelligence Wire)
Wall Street Journal, “Why It’s Wrong to Hold Too Much of One Stock,” September 4, 2008 (also appeared at CBSMarketwatch)
CXO Advisory Group Investing Notes, “Actual Index Options Trading Results”
April 23, 2009
Citi Academic Research Digest, “Volatility, Retail investors and Stock Returns” June 22, 2009
CXO Advisory Group Investing Notes, “Are Some Covered Calls More Profitable Than Others?” August 11, 2009
MSN money, “Options Calls: To Write, or Not to Write?" August 12, 2009
Wall Street Journal, “The Lesson of Forex Trading: Learn From Your Losses,” November 14, 2014
CXO Advisory Group Investing Notes, “Option Strategies Based on Factor Sorts,” December 22, 2015

学术组织
American Finance Association
Western Finance Association
American Economic Association
Northern Finance Association