Chang Liu

Welcome! I am a Lecturer (≈TTAP) at the Central University of Finance and Economics (CUFE), affiliated with the School of Insurance and the China Institute for Actuarial Science. I received my PhD in Economics from Universität Mannheim in Germany.

I study information problems in markets, with applications to insurance, financial markets, and digital platforms. My work combines game-theoretic modeling and statistical tools to understand how information frictions and institutional design shape market outcomes.

Email: changliu97@cufe.edu.cn

Curriculum Vitae (updated Jan 2026)

Name Pronunciation

Research

Auction Design for Reinsurance (single author). Accepted at Geneva Risk and Insurance Review.
Revisiting Equilibrium in Quote-driven Markets (with Ernst-Ludwig von Thadden). In progress.
Limited Attention, Information Choice, and Market Microstructure (single author). Submitted.
Capital-biased Tax Incentives and Labor Market Power: Evidence from China (with Lishuang Huang, Xunchang Zhang). Submitted.
Testing for Asymmetric Information in the Motor Insurance Market: Evidence from Spain (with Jindi Dai, Priscila Espinosa, Josep Lledó). In Progress.

Teaching

Teaching Assistant at the University of Mannheim

Mathematics for Economists (PhD), for Dr. Ingo Steinke, Fall 2023 [Evaluation], Fall 2024 [Evaluation]
Advanced Microeconomics III (PhD), for Prof. Francisco Poggi, Spring 2023 [Evaluation]
Advanced Microeconomics II (PhD), for Prof. Ernst-Ludwig von Thadden, Spring 2023 [Evaluation]
Business Economics I (Master), for Prof. Henrik Orzen, Fall 2021 [Evaluation]
Microeconomics B (Bachelor), for Prof. Helena Perrone, Fall 2020 [Evaluation]