C.V.
Name: Dawei Fang (方大炜） Gender: Male Citizenship: China
Phone: +46 (0)31 7861330 E-mail: dawei.fang@economics.gu.se
Address: P.O. Box 640, SE 405 30 Gothenburg, Sweden
Education
Oxford University, Ph.D. in Economics, 2013
Oxford University, M.Phil. in Economics, 2009
Fudan University, B.A. in Economics, 2006
Employment
Department of Economics/Centre for Finance, University of Gothenburg
Jan 2021 - present: Associate Professor of Economics
Aug 2016 - 2020: Assistant Professor of Finance
Aug 2013 - 2016: Post-doc in Finance
Fields of Interest
Competition Theory, Contests and Tournaments, Financial Economics, Organizational Economics
Selected Publications
“Less Competition, More Meritocracy?” with Thomas Noe, Journal of Labor Economics, 2022, 40(3): 669-701
"Meeting new peers: The effect of Morningstar category reassignment on fund flows and star ratings," (with Martin Holmen and Taylan Mavruk), International Review of Financial Analysis, 2021, 77: 101842
“Money as a Weapon: Financing a Winner-take-all Competition,” with Sanjay Banerji, Journal of Corporate Finance, 2021, 66: 101783
“Turning Up the Heat: The Discouraging Effect of Competition in Contests,” with Thomas Noe and Philipp Strack, Journal of Political Economy, 2020, 128(5): 1940-1975
“Dry Powder and Short Fuses: Private Equity Funds in Emerging Markets” Journal of Corporate Finance, 2019, 59: 48-71
“How tournament incentives affect asset markets: A comparison between winner-take-all tournaments and elimination contests,” with Martin Holmen, Michael Kirchler, and Daniel Kleinlercher Journal of Economic Dynamics and Control, 2017, 75: 1-27
Working Papers
“Superstars: Talented or Merely Lucky? The Effect of Rank-Based Competition on Talent Attribution,” with Thomas Noe
“A theory of compensation, performance, and fundraising in the venture capital industry.”
"Winning ways: How tournament incentives shape risk-taking decisions," with Changxia Ke, Greg Kubitz, Yang Liu, Thomas Noe, and Lionel Page
Presentations
2024: Korea University; Econometric Society China Meeting, Hangzhou (scheduled)
2023: Maastricht University; University of Edinburgh; World Finance Association, Kristiansen; Behavioural and Experimental Workshop, Gothenburg
2022: CICF, Shanghai; Econometric Society Asian Meeting, Shenzhen; SAET, Canberra; Swedish Conference in Economics, Stockholm
2021: GAMES World Congress, Virtual conference; SAET, Virtual conference
2020: IFN (Research Institute of Industrial Economics); Nottingham University; conference on ``Contests: Theory and Evidence,'' Virtual conference; Econometric Society World Congress, Virtual conference
2019: AEA Atlanta (poster session); Stockholm Business School; IIOC Boston; General Economics Seminar, Gothenburg; Econometric Society Asian Meeting, Xiamen; SAET, Ischia; KWC-CFF Workshop, Lund; University of Bern; CFF Seminar, Gothenburg
2018: UC Berkeley; MEA Annual Meeting, Evanston; Economic Science Institute, Chapman; SAET, Taipei; National University of Singapore; Singapore Management University; KWC-CFF Workshop, Gothenburg; FMA, San Diego; IFABS, Chile Corporate Finance
2017: Durham Business School; SAET, Faro; conference on ``Contests: Theory and Evidence,'' Norwich; General Economics Workshop, Gothenburg
2016: FIRS, Lisbon; EFMA, Basel; FMA, Las Vegas; Max Planck Institute for Tax Law and Public Finance; Chapman University; Lancaster University; KWC-CFF Workshop, Gothenburg
2015: IFABS Oxford Corporate Finance; EFMA, Amsterdam; Experimental Finance, Nijmegen; General Economics Seminar, Gothenburg
2014: Erasmus School of Economics; Said Business School, Oxford; Queen Mary University of London; EEA-ESEM, Toulouse; World Finance Association, Venice; EFMA, Rome; RES Annual Meeting, Manchester; MEA Annual Meeting, Evanston
2013: General Economics Seminar, Gothenburg; CFF Seminar, Gothenburg; Conference on Entrepreneurship and Finance, Lund
2012: Gorman Student Research Workshop, Oxford; ECCCS Workshop on Governance and Control, SKEMA Business School
2011: Gorman Student Research Workshop, Oxford; D.Phil. Student Finance Workshop, Said Business School, Oxford
Research Visits
Department of Economics, UC Berkeley, January - July, 2018
Teaching Experience
Lecturer, University of Gothenburg
2021- : Advance Corporate Finance, Math for PhD, Contest Theory for PhD, Academic Writing for PhD
2020-21: Advanced Corporate Finance; Academic Writing for PhD
2019-20: Advance Corporate Finance, Topic in Finance, Academic Writing for PhD
2018-19: Advanced Corporate Finance
2017-18: Advanced Corporate Finance, Graduate Mathematics (also act as Course Coordinator), Academic Writing for PhD
2016-17: Advanced Corporate Finance, Graduate Mathematics (also act as Course Coordinator)
2015-16: Advanced Corporate Finance, Graduate Mathematics, Academic Writing for PhD, Topics in Finance
2014-15: Advanced Corporate Finance and Graduate Mathematics
2013-14: Advanced Corporate Finance
Tutor, Oxford University
2012-13: Financial Economics, Microeconomic Theory, Quantitative Economics
2011-12: Microeconomic Theory, Microeconomics, Introductory Microeconomics and Macroeconomics
2009-11: Introductory Microeconomics, Macroeconomics, and Mathematics
Journal Referee
AEJ:Micro, AER:Insights, Economic Inquiry, Economic Journal, Economic Theory, Games and Economic Behavior, International Economic Review, Journal of Banking and Finance, Journal of Behavioral and Experimental Finance, Journal of Economics and Management Strategy, Journal of Economic Theory, Journal of Industry Economics, Journal of Mathematical Economics, Management Science, Rand Journal of Economics, Review of Economics and Statistics, Review of Economic Studies, Theoretical Economics
Research Grants and Awards
Project grant from the Swedish Research Council (2023)
Program grant from Jan Wallander's and Tom Hedelius' foundation and Tore Browaldh's foundation (2023)
Research grant from the Foundation for Economic Research in West Sweden (2022)
Hans Dalborg Award for excellence in financial economics research (2020)
Swedish House of Finance incentive reward (2019)
Browaldh Scholarship (2016-22)
Partnership Programme Internationalization Support (2018)
Professional Experience
Corporate Finance Manager, Shanghai Pudong Development Bank, China 2006-07
Languages
Mandarin Chinese (native), English (fluent)