The Institute of Modern Management

Jianbiao LI
The Institute of Modern Management
Tel: 23503378
  • Biography

  • Research & Achievement

  • Projects

  • Teaching

Research Areas

Corporate Governance, Behavioral Economics,

Experimental Economics


1999.9-2002.6,Ph.D. in Economics, Economics School, Nankai University

1991.9-1993.6,Master of Economics, Economics School, Nankai University

1982.9-1986.7,Bachelor of Economics, Shandong University of Finance and Economics

Professional Experience

2005-Present,Professor, Doctoral Supervisor, Management Research Center, Nankai University

2002-2003,Post-doctor, Associate Professor, Management Research Center, Nankai University

2002-2004,Post-doctor of Management of Corporate Governance, Nankai University



[1]     2011, NationalExcellent Teaching Achievement Award

[2]     2011, TianjinSocial Science Fund Excellent Award

[3]     2011, ExcellentAward for Key Subjects, the National Natural Science Foundation Committee

[4]     2011, AdvancedIndividual in the 11th Five-year Plan

Social Service

[1]     2008-Present,Policy Advisory Expert for Tianjin Government

[2]     2006- Present,Associate Editor, Review of Corporate Governance

[3]     2005-Present,Director, Experimental Center of Institute of Corporate Governance

[4]     2005-Present,Ad Hoc Reviewer, the National Natural Science Foundation of China

[5]     2005-Present,Vice President, Game Theory and Experimental Economics Academy

[6]     2003-Present,Director, SelLab of Nankai University



[1]     Researchon the Risk Effect of Trusting Behavior, The 7th InternationalSymposium of Corporate Governance, 2013, Tianjin, China

[2]     AppropriateTurnover Would Improve Team Performance-Based on Public Goods Experiments,Chinese Human Resource Management Forum-Academic Conference OrganizationalInnovation And Change in Human Resource Management, 2012, Tianjin, China

[3]     Characteristicsof Accounting Offices, Listed Corporate Governance and Identification of AuditRisks, The 6th International Symposium of Corporate Governance, 2011,Tianjin, China

[4]     Researchon Competition, Preference and Governance Efficiency of Credit Contract,Doctoral Academic Conference “Corporate Governance, Corporate Finance andExperimental Research Methods”, 2011, Tianjin, China


Professional Activities

[1]     DeputySecretary General, the 3rd-7th International Symposium ofCorporate Governance

[2]     Chairman,the 1st -2nd Doctoral Academic Conference “CorporateGovernance, Corporate Finance and Experimental Research Methods”

Peer-ReviewedJournal Papers


[1]     Li J.B., Wang M.D., Wang P.C. Information Generation and Efficiency of Muti-unit Common Value Auction. Management Sciences in China.2014, No.1:120-130.(Publishedin Chinese)

[2]     Li J.B., LiZ.Y. System Paradigm in the Research of Social Sciences: The Overview of AgentComputational Economics. Chinese Journal of Systems Science.2014,No.2:37-40. (Published in Chinese)

[3]     WangP.C., Li J.B. Can Stakeholder Governance Help Enterprises Relieve theFinancial Constraints. Journal of Shanxi University of Finance andEconomics.2014, No.12:96-106. (Published in Chinese)



[1]     Li J.B., WangM.D., Wang P.C. Information Production, Pricing Efficiency and MarketPerformance of IPO Mechanisms--An Experimental Comparison of Auction and Book-building. Economic Management.2013, No.9:148-156. (Published in Chinese)

[2]     WangG.R., Li J.B. A Study on Open-ended Employment Contracts and ContractingParties’ Behavior Matching--In the View of Experimental Economics & BehavioralEconomics. Economic Management.2013, No.2: 155-164. (Published in Chinese)

[3]     Li J.B., WangM.D., Chen G.Y. Intellectual Property Protection and Social WelfareMatching——Experimental Study Based on Network Externalities. ChinaIndustrial Economics.2013, No.2:44-57. (Published in Chinese)

[4]     Li J.B., LiZ.Y. An Experimental Economics Test on Belief as the Basis of Trust. ManagementSciences in China.2013, No.2:62-71. (Published in Chinese)

[5]     Li J.B., LiZ.Y. Is Trust a Risky Decision? A Study Based on Experimental Economics. Forecasting.2013,No.5:39-43+49. (Published in Chinese)

[6]     WangG.R., Li J.B. A Study on Minimum Wage and Labor Contract BehaviorMatching--In the View of Experimental Economics & Behavioral Economics. Researchon Economics and Management.2013, No.3:121-128. (Published in Chinese)

[7]     LI J.B., WangM.D. War in the Boardroom. Nankai Business Review International.2013,No.12.



[1]     Li J.B., Pang R.H., Wang P.C., Xu S. The Belief in Property Rights and Its Crowding-out Effects on Fairness and Self-interest Preference. The Study of Finance and Economics.2012, Vol.38, No.5: 94-104. (Published in Chinese)

[2]     Li J.B., ZiZ.Y. soft Budget Constraints, Going-concern and Risk Preference Drift ofInvestors. Systems Engineering.2012, Vol.30, No.5:94-104. (Published in Chinese)

[3]     Li J.B., ZhaoY.L. Research Progress and Prospect of Prediction Market Mechanism. Scienceof Science and Management of S. T.2012, Vol.33, No.8:106-111. (Published in Chinese)

[4]     RenG.Q., Li J.B., Wang P.C. Competition, Preference and Credit ContractGovernance Efficiency. Journal of Zhongnan University of Economics andLaw.2012, No.1:39-47. (Published in Chinese)

[5]     Li J.B., RenX. Can Audit Risk of Listed Companies with Financial Fraud Be Identified--Consideringboth Factors of Accounting Firms and Corporate Governance. Journal ofShanxi Finance and Economics University.2012, Vol.34, No.2:115-124. (Published in Chinese)

[6]     Li J.B., WeiM.X. Appropriate Turnover Would Improve Team Performance--Based on Public GoodsExperiments. Research on Economics and Management.2012, No.10:113-124. (Published in Chinese)



[1]     Li J.B., WangM.D., Ren G.Q. Research on Science Technology Service Development in Beijing. Science& Technology Press and Policy.2011, Vol.28, No.27:51-56. (Published in Chinese)

[2]     Li J.B., ZhengB.Y., Li X.Y. The Orders in Transition and Dual- Governance Structure. ChinesePublic Administration.2011, No.1:105-110. (Published in Chinese)

[3]     LiX.Y., Li W.A., Li J.B. An Experimental Comparison between Winner-up andLoser-out Tournaments. China Economic Quarterly.2011, Vol.10, No.1:227-248. (Published in Chinese)

[4]     PangR.H., Li J.B. The Analysis of Procedural Justice in Decision-makingTeams and Decision Quality. Science of Science and Management of S. &T.2011, Vol.23, No.5:157-163. (Published in Chinese)

[5]     Li J.B., Ju L.,Ren G.Q. Passivated Belief behind Information Cascade and Its Applications. EconomicReview.2011, No.3:30-35. (Published in Chinese)

[6]     Li J.B., WangM.D., Ren G.Q. The History Research and Empirical Research of Culture School inComparative Economics. Modern Economic Science.2011, Vol.33, No.3:13-18. (Published in Chinese)

[7]     Li J.B., WangM.D., Wang P.C. Risk Aversion and the Limited Corruption in First-Price SealedAuctions: Model and Experiments. Management Sciences In China.2011,Vol.24, No.4:95-104. (Published in Chinese)

[8]     RenG.Q., LI J.B., Li Z. An Experimental Study on the Status Quo Bias ofInvestors and Its Impact Factors. Management Review.2011, Vol.23,No.11:153-159. (Published in Chinese)



[1]     Li J.B., WangM.D., Liu J.Q. Summary on Experimental Research on Coordination Game. Journalof Capital University of Economics and Business.2010, No.2:48-53. (Published in Chinese)

[2]     Li J.B., ZhangB., Li Z.Y. Media Monitoring and Corporate Governance: A theoretical model. Journalof Zhengzhou University (Philosophy and Social Sciences Edition).2010, Vol.43,No.3:75-78. (Published in Chinese)

[3]     Li J.B., Ju L.,Liu G.L. “Animal Spirits” in Information Cascade. Nankai Business Review.2010,Vol.13, No.6:115-124. (Published in Chinese)

[4]     Li J.B., WangG.R., Sun J., Liu G.L. Ownership Structure, Information and Benefits of Controlin the Experimental Market. Nankai Business Review International.2010,Vol.1:395-415.


Conference Presentations

[1]     Li J.B., Sun B.B. Researchon the Risk Effect of Trusting Behavior[C] // The 7th International Symposium of Corporate Governance.Tianjin, 2013.

[2]     Li J.B., Zhao A.L. TheExperimental Research on the Company’s Information

DisclosureStrategy Based on the Potential Competitors. The 7th International Symposium of Corporate Governance.Tianjin, 2013.

[3]     Li J.B., Wei M.X. AppropriateTurnover Would Improve Team Performance --Based on Public Goods Experiments[C]// Chinese Human Resource ManagementForum--Academic Conference Organizational Innovation And Change in HumanResource Management. Tianjin, 2012.

[4]     Li J.B., Ren X.Characteristics of Accounting Offices, Listed Corporate Governance andIdentification of Audit Risks[C] // The 6th International Symposium of Corporate Governance. Tianjin, 2011.

[5]     Li J.B., Li G.Q., WangP.C. Research on Competition, Preference and Governance Efficiency of CreditContract[C] // Doctoral AcademicConference “Corporate Governance, Corporate Finance and Experimental ResearchMethods”. Tianjin, 2011.

[6]     Li J.B. ExperimentalResearch on Information Cascade[C] // DoctoralAcademic Conference “Corporate Governance, Corporate Finance and ExperimentalResearch Methods”. Tianjin, 2011.

[7]     Li J.B., Li Z.Y. ExperimentalResearch on the Trust and Faith of New Generation[C] // Doctoral Academic Conference “Corporate Governance, Corporate Financeand Experimental Research Methods”. Tianjin, 2011.

[8]     Li J.B., Zhao Y.l. ThePuzzle of Lost Wallet Game: Challenge of Reciprocity Theory[C] // CCIS proceedings of ISAEBD. 2011:222-228.

[9]     Li J.B., Pang R.h. Theanalysis of procedural justice in decision-making teams and decision quality[C]// 2011 International Conference onE-Business and E-Government ICEE. 2011:1-3.

[10] Li J.B., Wang M.D., Li W.The limited corruption in first price sealed auction [C] // Business Management and ElectronicInformation (BMEI), 2011 International Conference on. IEEE, 2011:775-777.

[11] Li J.B., Chaoyang Li, SaiXu. Research on Decision-Making Simulation of "Gambler’s Fallacy" and"Hot Hand"[C] // Advances inSwarm Intelligence - Second International Conference, Icsi 2011. Chongqing,China, 2011:474-478.

[12] Li J.B., Zhao Yuliang,Deng Hongtu. Rural Poverty Trap in Transition: an Analysis on Its InstitutionalCauses [C] // International Symposium onSustainable Development of City Group. 2010.


Booksand Chapters

[1]     Li W.A., Li J.B. China Corporate Governanceand Development Report 2012. Beijing: Peking University Press, 2012.(Monograph)

[2]     Li W.A., Li J.B. Corporate Governance (the 2nd Edition). Beijing: Higher Education Press, 2011. (Monograph)


[1]     2014.1-2017.12,The National Natural Science Foundation of China, Experimental Research onPreference Structure and Network Collective Action Mechanism in Network Society(PI)

[2]     2012.1-2016.12,The National Natural Science Foundation of China, Research on TransnationalGovernance and Value of Conglomerates(Collaborator)

[3]     2012.1-2015.12,The National Natural Science Foundation of China, Preference and BeliefsCharacteristics of New Generation Employees(PI)

[4]     2011.1-2013.12,Key Subjects Base of the Ministry of Education, Dual- Governance Structure and CorporateBehaviors in Transition(PI)

[5]     2010.1-2013.12,National Social Science Foundation, Research on Improving State-owned FinancialInstitution Corporate Governance(Collaborator)

[6]     2010.1-2012.12,The National Natural Science Foundation of China, Social Preference, IncentiveLevels and Harmonious Labor Contract(PI)


Undergraduate:Theory and Practice of Corporate Governance

Master: NewInstitutional Economics, Theory and Practice of Corporate Governance,

ExperimentalEconomics, Managerial Economics (MBA),

CorporateGovernance (EMBA)

PhD: AdvancedMicroeconomicsExperimentalEconomics