Woo, Wai Chiu

Senior Lecturer, Department of Economics, The Chinese University of Hong Kong

Education

PhD., Monash University, Clayton Campus, Melbourne, Australia

BSSc., The Chinese University of Hong Kong, Hong Kong, China

Teaching

Basic microeconomics, basic macroeconomics, public finance, welfare economics

Research interests

Status economics (under imperfect competition), social choice theory (light paternalism), industrial structure (under economy of specialization), economics education

Selected publications

Woo, W. C. (2023). Dynamic inefficiency by promoting relative consumption (open access). Macroeconomic Dynamics, 27(6): 1581-1596.  

Woo, W. C. (2019). Structural change with non-essential and elastic goods. Structural Change and Economic Dynamics, 49: 62-73.  

Woo, W. C. (2018). Kaplow-Shavell welfarism without continuity. Mathematical Social Sciences, 96:92-96.

Woo, W. C. (2017). The Way We Teach Public Economics: A Rationalization Using the Theory of Third Best. Pacific Economic Review, 22(2), 229-248.

Woo, W. C. (2016). Status goods and market powers. German Economic Review, 17(1): 26-35.

Woo, W. C. (2016). Quantity versus variety: Which aspect does status-seeking promote?. International Review of Economics, 63(2), 93-106 (lead article).

Woo, W. C. (2013). Social Inefficiency of Free Entry with Status Effects. Journal of Public Economic Theory, 15(2), 229-248.

Woo, W. C. (2012). Inverted U-shaped conformism: An economic model of endogenous responses to the Joneses. Journal of Socio-Economics, 41(1), 31-36.

Woo, W. C. (2011). Status and welfare under monopolistic competition. Social Choice and Welfare, 36(2), 227-239.

Work in progress

A social choice theory of paternalism

Using graphs to teach social choice theory in class

Rational social choice correspondences