Picture of Jingang Zhao

Jingang Zhao PhD 1992 (Yale)


Faculty Member in Economics

Arts 810

Research Area(s)

  • Microeconomic theory
  • Game theory
  • Industrial organization
  • Chinese economic history

About me

2022-23 Courses
Econ 305
Econ 450
Econ 343
Econ 805

Jingang Zhao is Professor of Economics at the University of Saskatchewan. He previously taught at Ohio Sate University (1992-2000) and Iowa Sate University (2000-2002). He received his BE in Applied Math and Mechanics from Beijing Institute of Aeronautics and Astronautics in 1981, his MS in Optimization under Quanling Wei from Renmin University of China in 1984,  and his PhD in Economics under Herbert Scarf, Martin Shubik and Richard Levin from Yale University in 1992. One of his major contributions is the discovery of hybrid games, which have been predicted as one of the three important areas in economic theory in the 21st century by JEP’s Forecasts for the Future of Economics (Allen 2000, p. 147). His other major discoveries include mathematical formulations for the Coase theorem and non-empty core as a precondition for horizontal mergers. One of his current research topics is free trade agreements in cooperative and hybrid games.

More information about Dr. Zhao, including his cv, are available on his Google page at < https://sites.google.com/view/jingang-zhao >.


Journal articles:

“Choice of Technology Progress Path in an Applied General Equilibrium Model” (with S. Han and Y. Xi, in Chinese with English abstract), China Economic Quarterly 22 (2022), 677-702.

"Three Little-known and yet still Significant Contributions of Lloyd Shapley”, Games and Economic Behavior 108 (2018), 592–599.

“A Reexamination of the Coase Theorem”, Journal of Mechanism and Institution Design 3 (2018), 111-132.

"An Open Problem on Inverse Matrices from Industrial Organization, and a Partial Solution”, Linear Algebra and its Applications 437 (2012), 294–306.

 “Why Are Firms Sometimes Unwilling to Reduce Costs?" (with H. Wang), Journal of Economics 101 (2010), 103-24.

"Estimating Merging Costs by Merger Preconditions”, Theory and Decision 66 (2009), 373-99.

“Necessary and Sufficient Conditions for the Optimal Number of Firms”, Journal of Economics 98 (2009), 235–46.

 “On the Efficiency of Indirect Taxes in Differentiated Oligopolies with Asymmetric Costs" (with H. Wang), Journal of Economics 96 (2009), 223-39.

"Welfare Reductions from Small Cost Reductions in Differentiated Oligopoly" (with H. Wang), International Journal of Industrial Organization 25 (2007), 173-85.

“The Complete Welfare Effects of Cost Reductions in a Cournot Oligopoly” (with D. Smythe), Journal of Economics 87 (2006), 181-93.

"A Note on the Welfare Effects of Horizontal Mergers in Asymmetric Linear Oligopolies” (with S. Heubeck and D. Smythe), Annals of Economics and Finance 1 (2006), 29-47.

"A Characterization for the Negative Welfare Effects of Cost Reduction in Cournot Model," International Journal of Industrial Organization 19 (2001), 455-69.

"The Relative Interior of the Base Polyhedron and the Core," Economic Theory 18 (2001), 635-48.

"The Core in an Oligopoly Market with Indivisibility," Economic Theory 16 (2000), 181-98.

"The Labor Market Effects of Non-wage Compensations” (with M. Hashimoto), Labour Economics 7 (2000), 55-78.

"A Beta-core Existence Result and its Application to Oligopoly Market," Games and Economic Behavior 27 (1999), 153-68.

"The Existence of TU Alpha-Core in Norm Form Games," International Journal of Game Theory 28 (1999), 25-34.

 “A Necessary and Sufficient Condition for the Convexity in Oligopolistic Games," Mathematical Social Sciences 37 (1999), 189-204.

“Some Envelope Theorems for Integer and Discrete Choice Variables” (with R. Sah), International Economic Review 39 (1998), 623-34.

"A Cooperative Analysis of Covert Collusion in Oligopolistic Industries," International Journal of Game Theory 26 (1997), 249-66.

"The Lower Semicontinuity of Optimal Solution Set,"  Journal of Mathematical Analysis and Application 207 (1997), 240-54.

"The Hybrid Equilibria and Core Selection in Exchange Economies with Externalities,”  Journal of Mathematical Economics  26 (1996), 387-407.

"Cooperative Processing of Information via Choice at an Information Set" (with T. Ichiishi and A. Idzik), International Journal of Game Theory  23 (1994), 145-65.

 “The Hybrid Solutions of an N-person Game,” Games and Economic Behavior 4 (1992), 145-60.

  “The Equilibria of Multiple Objective Games,” International Journal of Game Theory 20 (1991), 171-82. 

 “A Strategic Market Game of a Finite Exchange Economy with a Mutual Bank” (with M. Shubik), Mathematical Social Sciences  22 (1991), 257-74.

"The Economic Analysis and Estimation for the Tri-county Region of Shangqiou, Ningling and Minquan" (with J. Sun and Z. Zhu, in Chinese with English abstract), Henan Science 1 (1986).

"Results on the Absolute Solutions of Multiobjective Mathematical Programming" (in Chinese with English abstract), Journal of Beijing Institute of Aeronautics and Astronautics 3 (1983).

Book Chapters:

 "TU Oligopoly Games and Industrial Cooperation”, in L. Corchón and M. Marini (ed.), Handbook of Game Theory and Industrial Organization. Cheltenham, UK: Edward Elgar (2018).


China games microeconomic organization taxes