Yuanju FANG（方 元駒）

Curriculum Vitae

• Researchmap

Position

• Assistant Professor, Political Science & Economics Department, Seigakuin University, 2023 April - present.

• Visiting Research Fellow, Graduate School of Economics, Osaka University, 2022 April - 2023 March. 

Education

• Ph.D. in Economics, Osaka University, March 2022.

• M.A. in Economics, Osaka University, March 2017.

• B.A. in Commerce, Otaru University of Commerce, March 2015.

Research Interests

• Microeconomics, Game Theory, Market Design.

Working Papers

• Fang, Y. and Yasuda, Y. Double Stability in Two-sided Matching: Priority and Preference in Harmony. UTMD working paper (this version: 2025/1)

• Fang, Y. and Yasuda, Y. Misalignment between Test Scores and Colleges' Preferences: Chinese College Admission Reconsidered. SSRN (this version: 2021/11)

• Fang, Y. and Lu, Z. Parallel versus Sequential Mechanisms in China: A Structural and Quantitative Analysis. SSRN (this version: 2026/3)

Papers Published in Refereed Journals

• Fang, Y. and Lu, Z. (2026). Moderation Under Limited Reporting: Hidden Instability in Osaka's High School Admissions. Games, 17(6), 65.

• Lu, Z. and Fang, Y. (2026). What Explains Bitcoin Volatility? Evidence from an Extended HAR Framework. International Journal of Financial Studies, 14(4), 81.

• 安田洋祐, 方元駒. (2022). 二種類の順位が混在するマッチング問題：中国大学入試制度の分析と改革. オペレーションズ・リサーチ, 67(3), 121-127.

• Fang, Y. (2021). School Choice in Guangzhou: Why High-Scoring Students Are Protected? Games, 12(2), 31.

Papers Published in Non-Refereed Journals

• Lu, Z. and Fang, Y. (2026). Which Mechanism Performs Better under Limited Reporting? Comparing the Osaka and Chinese Parallel Mechanisms. 長崎県立大学論集（経営学部・地域創造学部）, 60(2), 33-55.

• Fang, Y. (2026). Which Assets Hedge Japanese Airline Stock Risk? Evidence from ANA and JAL. 聖学院大学論叢, 39(1), 25-39.

PhD Dissertation

• Fang, Y. (2022). Resolving Student Assignment Problems in China: Market Design Approach. Osaka University (Advisor: Prof. Yosuke Yasuda), Abstract.

Research Projects

• Fang, Y. Matching Problems with Two Types of Rankings: Analysis and Reform of the Chinese College Admissions. JSPS KAKENHI Grant-in-Aid for Early-Career Scientists, April 2026 – March 2029.

2026

• Economics, Undergraduate Course, Spring.

• International Economics A, Undergraduate Course, Spring.

• Microeconomics, Undergraduate Course, Autumn.

• International Economics B, Undergraduate Course, Autumn.

• Preliminary Seminar A, Undergraduate Course, Spring.

• Seminar, Undergraduate Course, Full year.

• Graduation Research, Undergraduate Course, Full year.

2025

• Economics, Undergraduate Course, Spring.

• International Economics A, Undergraduate Course, Spring.

• Microeconomics, Undergraduate Course, Autumn.

• International Economics B, Undergraduate Course, Autumn.

• Preliminary Seminar A, Undergraduate Course, Spring.

• Preliminary Seminar B, Undergraduate Course, Autumn.

• Seminar, Undergraduate Course, Full year.

• Graduation Research, Undergraduate Course, Full year.

2024

• Economics, Undergraduate Course, Spring.

• International Economics A, Undergraduate Course, Spring.

• Microeconomics, Undergraduate Course, Autumn.

• International Economics B, Undergraduate Course, Autumn.

• Preliminary Seminar A, Undergraduate Course, Spring.

• Seminar, Undergraduate Course, Full year.

• Graduation Research, Undergraduate Course, Full year.

2023

• Economics, Undergraduate Course, Spring.

• International Economics A, Undergraduate Course, Spring.

• Microeconomics, Undergraduate Course, Autumn.

• International Economics B, Undergraduate Course, Autumn.

• Preliminary Seminar A, Undergraduate Course, Spring.

• Preliminary Seminar B, Undergraduate Course, Autumn.

• Seminar, Undergraduate Course, Full year.