Jingfeng Lu

National University of Singapore (NUS) - Department of Economics

Professor

1 Arts Link, AS2 #06-02

Singapore 117570, Singapore 119077

Singapore

SCHOLARLY PAPERS

29

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2,636

TOTAL CITATIONS
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SSRN RANKINGS

Top 18,193

in Total Papers Citations

50

Scholarly Papers (29)

Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry

Number of pages: 57 Posted: 01 Apr 2015 Last Revised: 26 Aug 2020
Matthew L. Gentry, Tong Li and Jingfeng Lu
Florida State University, Vanderbilt University and National University of Singapore (NUS) - Department of Economics
Downloads 377 (166,736)
Citation 4

Abstract:

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Auctions, endogenous participation, risk aversion, identification

Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry *

Number of pages: 73 Posted: 15 Oct 2020 Last Revised: 21 Aug 2024
Yale University - Cowles Foundation, Florida State University, Vanderbilt University and National University of Singapore (NUS) - Department of Economics
Downloads 290 (221,872)
Citation 7

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Auctions, entry, risk aversion, boundary condition, identification, set inference, parameter-dependent support, MPEC, flexible parametric form, approximate profile likelihood-ratio, Bayes credible sets, frequentist confidence sets. JEL Classifications: D44

Electoral College versus Popular Vote

Number of pages: 51 Posted: 27 Jun 2022 Last Revised: 22 Jul 2024
Jingfeng Lu, Zijia Wang and Junjie Zhou
National University of Singapore (NUS) - Department of Economics, Renmin University of China, School of Economics and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 236 (273,583)

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Electoral College; Inversion Rate; Multi-battle Contests; Political Campaigns; Popular Vote; Presidential Elections.

Electoral College Versus Popular Vote

Number of pages: 51 Posted: 03 Jun 2024
Jingfeng Lu, Zijia Wang and Junjie Zhou
National University of Singapore (NUS) - Department of Economics, Renmin University of China, School of Economics and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 53 (824,553)

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Electoral College, Inversion Rate, Multi-battle Contests, Political Campaigns, Popular Vote, Presidential Elections.

3.

Optimal Prize Design in Team Contests with Pairwise Battles

Journal of Economic Theory, Vol. 215, No. 105765, 2024
Number of pages: 48 Posted: 06 May 2021 Last Revised: 12 Mar 2024
Xin Feng, Qian Jiao, Zhonghong Kuang and Jingfeng Lu
Department of Economics, Nanjing University, Lingnan College, Sun Yat-sen University, Renmin University of China - School of Economics and National University of Singapore (NUS) - Department of Economics
Downloads 193 (333,025)
Citation 2

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Contest Design, Multi-battle Team Contest, Majority Rule, Headstart, Elo Rating, Linear Programming.

Move orders in Contests: Equilibria and Winning Chances

Number of pages: 65 Posted: 11 Jan 2023 Last Revised: 08 Feb 2025
Lei Gao, Jingfeng Lu and Zhewei Wang
Shandong University, National University of Singapore (NUS) - Department of Economics and School of Economics, Shandong University
Downloads 98 (580,534)

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Tullock contests, simultaneous contests, strong-lead/weak-lead sequential contests, interior equilibria, preemptive equilibria, winning chances.

Move Orders in Contests: Equilibria and Winning Chances

Number of pages: 65 Posted: 17 Apr 2024 Last Revised: 02 Mar 2025
Lei Gao, Jingfeng Lu and Zhewei Wang
Shandong University, National University of Singapore (NUS) - Department of Economics and School of Economics, Shandong University
Downloads 34 (998,699)

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Tullock contests, simultaneous contests, strong-lead/weak-lead sequential contests, interior equilibria, preemptive equilibria, winning chances.

5.

Rank Order Contests with Sabotage: Equilibrium Analysis and Optimal Design

Number of pages: 49 Posted: 09 May 2016
National University of Singapore (NUS) - Department of Economics, National University of Singapore (NUS) - Department of Economics, Nanyang Technological University (NTU) - Division of Economics and National University of Singapore (NUS), Department of Economics
Downloads 128 (471,324)

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First best; Pay dispersion; Rank-order contest; Sabotage

6.

All Pay Quality-Bids in Score Procurement Auctions

Number of pages: 40 Posted: 18 Feb 2020 Last Revised: 18 Mar 2024
Dan Kovenock and Jingfeng Lu
Chapman University - Economic Science Institute and National University of Singapore (NUS) - Department of Economics
Downloads 121 (492,552)

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All-pay quality bids, Equilibrium analysis, Score auctions, Score procurements, Winner-pay quality bids

7.
Downloads 106 (547,788)

Intertemporal Bundling

Number of pages: 54 Posted: 17 Mar 2023
Jingfeng Lu and Wenbo ZHAO
National University of Singapore (NUS) - Department of Economics and Department of Economics, NUS
Downloads 91 (613,749)

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Bundling, Dynamic mechanism design, Sequential screening

Intertemporal Bundling

Number of pages: 55 Posted: 28 Aug 2023
Jingfeng Lu and Wenbo ZHAO
National University of Singapore (NUS) - Department of Economics and Department of Economics, NUS
Downloads 15 (1,238,806)

Abstract:

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Bundling, Dynamic mechanism design, Sequential screening.

8.

Sequential Screening with Type-Enhancing Investment

Number of pages: 36 Posted: 19 Apr 2019 Last Revised: 26 Oct 2020
Bin Liu and Jingfeng Lu
The Chinese University of Hong Kong, Shenzhen and National University of Singapore (NUS) - Department of Economics
Downloads 86 (624,210)

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Adverse selection, Dynamic mechanism design, Moral hazard, Endogenous type, Social welfare maximizing

9.

How to Split the Pie: Optimal Rewards in Dynamic Multi-Battle Competitions

Number of pages: 47 Posted: 10 Jun 2016
Xin Feng and Jingfeng Lu
Department of Economics, Nanjing University and National University of Singapore (NUS) - Department of Economics
Downloads 81 (646,573)
Citation 15

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Effort Maximization, Multi-Battle Contest, Proportional-Division Rule, Split-Award, Team Contest with Pairwise Battles, Winner-Take-All

10.

Uniqueness of Equilibrium in Two-Player Asymmetric Tullock Contests with Intermediate Discriminatory Power

Number of pages: 10 Posted: 28 Mar 2017
Xin Feng and Jingfeng Lu
Department of Economics, Nanjing University and National University of Singapore (NUS) - Department of Economics
Downloads 64 (735,394)
Citation 8

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Asymmetric Players; Discriminatory Power; Tullock Contests; Uniqueness of Equilibrium

11.

Exclusive Bidding - Value Discovery and the Value of a Bidder

Number of pages: 23 Posted: 29 Oct 2008
Murali Agastya and Jingfeng Lu
University of Sydney - Department of Economics and National University of Singapore (NUS) - Department of Economics
Downloads 64 (735,394)

Abstract:

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Exclusive bidding, covert information acquisition, optimal auctions

12.

Buyer's Hidden Search with Continuous Intensity: The Seller-Optimal Mechanism and A Perverse Effect.

Number of pages: 40 Posted: 13 Feb 2024 Last Revised: 04 Mar 2024
Dongri Liu and Jingfeng Lu
Shandong University and National University of Singapore (NUS) - Department of Economics
Downloads 62 (747,505)

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Dynamic mechanism design, Mixed adverse selection and moral hazard, Search intensity.

13.

Optimal Orchestration of Rewards and Punishments in Rank-Order Contests

Number of pages: 58 Posted: 17 Apr 2020 Last Revised: 22 Dec 2022
Bin Liu and Jingfeng Lu
The Chinese University of Hong Kong, Shenzhen and National University of Singapore (NUS) - Department of Economics
Downloads 61 (753,694)
Citation 4

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All-pay auction, Cross-rank/scenario transfer, Incomplete information, Negative prize, Optimal contest.

14.

Winner-Leave Versus Loser-Leave in Multi-Stage Nested Tullock Contests

Number of pages: 26 Posted: 14 Jul 2020
Jingfeng Lu, Yuanzhu Lu, Zhewei Wang and Lixue Zhou
National University of Singapore (NUS) - Department of Economics, Central University of Finance and Economics (CUFE), School of Economics, Shandong University and Shandong University - School of Economics
Downloads 60 (759,913)

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Effort maximization, Multi-stage Tullock contests, Loser-leave, Winner-leave

15.

The Optimal Allocation of Prizes in Contests with Costly Entry

Number of pages: 43 Posted: 15 May 2019
Bin Liu and Jingfeng Lu
The Chinese University of Hong Kong, Shenzhen and National University of Singapore (NUS) - Department of Economics
Downloads 57 (779,420)
Citation 1

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Optimal Contest, Winner-Take-All, All-Pay Auction, Costly Entry, Incomplete Information, Cross-Rank/Scenario Transfer

16.

Performance Bundling Across Multiple Competitions

Number of pages: 39 Posted: 29 Apr 2019
Jingfeng Lu, Bo Shen and Zhewei Wang
National University of Singapore (NUS) - Department of Economics, Wuhan University - School of Economics and Management and School of Economics, Shandong University
Downloads 55 (793,190)
Citation 1

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Multidimensional Contest, Performance Bundling, Cost-Saving Effect, Unbalancing Effect

17.

Optimal Selling Mechanisms with Buyer Price Search

Journal of Economic Theory, Vol. 196C, No. 105307, 2021
Number of pages: 31 Posted: 12 Jul 2021
Jingfeng Lu and Zijia Wang
National University of Singapore (NUS) - Department of Economics and Renmin University of China, School of Economics
Downloads 51 (822,170)
Citation 4

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Dynamic mechanism design; Outside option; Price search; Price matching; Search deterrence.

18.

Optimal Favoritism in Contests with Identity-Contingent Prizes

Number of pages: 17 Posted: 22 Mar 2021
Jingfeng Lu, Zhewei Wang and Lixue Zhou
National University of Singapore (NUS) - Department of Economics, School of Economics, Shandong University and Shandong University - School of Economics
Downloads 47 (853,481)

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Balance effect, efficiency effect, favoritism, identity-contingent prizes

19.

Disclosure Policy in Tullock Contests with Asymmetric Stochastic Entry

Number of pages: 32 Posted: 13 Jun 2016
Qiang Fu, Jingfeng Lu and Jun Zhang
National University of Singapore (NUS), National University of Singapore (NUS) - Department of Economics and University of Technology Sydney
Downloads 46 (861,681)
Citation 1

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20.

Coupling Information Disclosure with a Quality Standard in R&D Contests

Number of pages: 31 Posted: 04 Mar 2024
Gaoyang Cai, Qian Jiao, Jingfeng Lu and Jie Zheng
Northwestern University, Kellogg School of Management, Lingnan College, Sun Yat-sen University, National University of Singapore (NUS) - Department of Economics and Shandong University - Center for Economic Research
Downloads 43 (887,300)

Abstract:

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Information disclosure; Quality standard; R&D contests

21.

Shifting Supports in Dynamic Mechanism Design

Number of pages: 15 Posted: 09 Apr 2019
Bin Liu, Dongri Liu and Jingfeng Lu
The Chinese University of Hong Kong, Shenzhen, National University of Singapore (NUS), Department of Economics and National University of Singapore (NUS) - Department of Economics
Downloads 42 (896,222)

Abstract:

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Adverse selection, Dynamic mechanism design, Shifting supports

22.

Willingness to Fight on: Environmental Quality in Dynamic Contests

RAND Journal of Economics, Forthcoming
Number of pages: 75 Posted: 18 Apr 2023
Haoming Liu, Jingfeng Lu and Alberto Salvo
National University of Singapore (NUS) - Department of Economics, National University of Singapore (NUS) - Department of Economics and National University of Singapore (NUS) - Department of Economics
Downloads 37 (952,649)

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Dynamic contests, multi-battle competitions, strategic momentum, discouragement effect, revealed environmental preferences

23.

Multi-Dimensional All-Pay Contests

Number of pages: 38 Posted: 09 Aug 2024
Rui Gao, Jingfeng Lu, Zhewei Wang and Lixue Zhou
Shandong University, National University of Singapore (NUS) - Department of Economics, School of Economics, Shandong University and Shandong University
Downloads 33 (983,267)

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All-pay contests, Multi-dimensional contests, Single-dimensional contests, Optimal contest design.

24.

Information Sharing Decisions in All-Pay Auctions With Correlated Types

Number of pages: 37 Posted: 20 Oct 2022
Jingfeng Lu, Hongkun Ma and Zhewei Wang
National University of Singapore (NUS) - Department of Economics, Sun Yat-sen University (SYSU) and School of Economics, Shandong University
Downloads 31 (1,004,562)

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All-pay auctions, contests, correlated types, information disclosure, pure/mixed strategy equilibrium.

25.

Auction Design with Shortlisting When Value Discovery is Covert

Number of pages: 33 Posted: 25 Mar 2022
Murali Agastya, Xin Feng and Jingfeng Lu
University of Sydney - Department of Economics, Department of Economics, Nanjing University and National University of Singapore (NUS) - Department of Economics
Downloads 28 (1,037,927)
Citation 3

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Exclusive bidding, Covert information acquisition, Endogenous market size, Optimal auctions, Revenue maximization

26.

An Implementation of the General Optimal Mechanism in Esö and Szentes (2007)

Number of pages: 22 Posted: 15 Jun 2024
Dongri Liu and Jingfeng Lu
Shandong University and National University of Singapore (NUS) - Department of Economics
Downloads 24 (1,085,443)

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Auction design, dynamic mechanism design, handicap, implementation.

27.

"Effort-Boosting" Momentum Effect in Repeated Competitions

Number of pages: 49 Posted: 14 Apr 2025
Siyuan Fan, Zhonghong Kuang and Jingfeng Lu
School of Economics, Renmin University of China, Renmin University of China - School of Economics and National University of Singapore (NUS) - Department of Economics
Downloads 16 (1,185,169)

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JEL Classification: C72, D72 Multi-battle contest, Momentum effect, Contingent prizes, Budget constraint

28.

All-Pay Auctions with Discrete Private Information: Regularization and Optimal Design

Number of pages: 45
Bo Chen, Jingfeng Lu, Pengcheng Bai and Lianmin Zhang
Shenzhen University, National University of Singapore (NUS) - Department of Economics, Singapore Management University and The Chinese University of Hong Kong, Shenzhen - Shenzhen Research Institute of Big Data
Downloads 10

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contests, all-pay auctions, favoritism, information disclosure JEL classification: C72, D44, D82

29.

Optimal Persuasion in First-Price Auctions with Stochastic Entry

Number of pages: 13 Posted: 03 Apr 2025
Xin Feng and Jingfeng Lu
Department of Economics, Nanjing University and National University of Singapore (NUS) - Department of Economics
Downloads 2 (1,308,997)

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Bayesian Persuasion, Constant Absolute Risk Averse/Loving, First-price Auction, Information Disclosure, Stochastic Entry.