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The Department of Statistics and Actuarial Science

Wei Zhu

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Zhu, Wei

School of Insurance and Economics (SIE)

University of International Business and Economics (UIBE)

Beijing, China, 10029

2023

ACADEMIC EXPERIENCE

Professor, Department of Statistics and Actuarial Sciences, School of Insurance and Economics, UIBE, 2019-present.

Associate professor, Department of Statistics and Actuarial Sciences, School of Insurance and Economics, UIBE, 2015-2018.

Lecturer, Department of Statistics and Actuarial Sciences, School of Insurance and Economics, UIBE, 2010-2014.

Postdoctoral Research Fellow, Department of Economics, School of Economics and Management, Tsinghua University, 2007-2010.

Visiting Scholar, McCombs School of Business, The University of Texas at Austin, USA, 2014.2-2015.1.

Visiting Scholar, Department of Statistics and Actuarial Science, The University of Hong Kong, 2009.1-2009.4.

EDUCATION

Ph. D.(Management), China University of Mining and Technology (Beijing), School of Management, 2002-2007.

RESEARCH INTEREST

Economics of Risk and Uncertainty

Behavioral Insurance

Theoretical and Empirical Analysis of Household Risk

PUBLICATIONS AND PRESENTATIONS

Published and Accepted Articles

Huang Wei, Zhu Wei. Multi-dimensional evaluation of precision poverty alleviation policies: Empirical analysis based on the poverty alleviation practices in City B, Province G[J]. Management World, 2021, 37(10): 111-128. DOI: 10.19744/j.cnki.11-1235/f.2021.0158.

Luo Shangzhen, Wang Mingming, Zhu Wei, et al. Stochastic differential reinsurance games in diffusion approximation models[J]. Journal of Computational and Applied Mathematics, 2021, 386:113252-.

Jing Ai, Lin Zhao, Wei Zhu, et al. Self‐Control, Effort Procrastination, and Competitive Equilibrium in Insurance Markets[J]. Journal of Risk and Insurance, 2020, 87(3):751-782.

Yan Jianye, Zhang Chao, Zhu Wei. Does house price increase significantly boost consumption of households with housing? Theoretical and empirical analysis based on Chinese household behavior[J]. Reform, 2019(11): 63-74.

Wei Zhu, Hongwei Bi, Rachel Huang, Larry Tzeng. Higher-order Omega: A Performance Index with a Decision-Theoretic Foundation [J]. Journal of Banking and Finance, 2019, 100:43-57.

Zhang Ziran, Zhu Wei. Has household debt in China restrained upgrading of consumption? Evidence from Chinese Household Finance Survey[J]. Financial Forum, 2019, 24(08): 34-44. DOI: 10.16529/j.cnki.11-4613/f.2019.08.005.

Hongwei Bi, Wei Zhu. The non-integer higher-order Stochastic dominance[J]. Operations Research Letters, 2019, 47(2):77-82.

Shangzhen Luo, Mingming Wang, Wei Zhu, et al. Maximizing a robust goal-reaching probability with penalization on ambiguity.[J]. J. Computational Applied Mathematics, 2019, 348:261-281.

Zhu Wei, Xia Yuqing. Study on consumer debt behavior of Chinese residents[J]. Finance & Economics Research, 2018, 44(10): 67-81. DOI: 10.16538/j.cnki.jfe.2018.10.005.

Jing Ai, Lin Zhao, Wei Zhu, et al. Portfolio choice in personal equilibrium[J]. Economics Letters, 2018, 170:163-167.

Jing Ai, Patrick L. Brockett, Linda L. Golden, et al. Health State Transitions and Longevity Effects on Retirees’ Optimal Annuitization[J]. Journal of Risk and Insurance, 2017, 84(1):319-343.

Jing Ai, Lin Zhao, Wei Zhu, et al. Contracting with Present-Biased Consumers in Insurance Markets[J]. The Geneva Risk and Insurance Review, 2016, 41(2):107-148.

Zhang Ziran, Zhu Wei. Economic explanation of the phenomenon of mixed quality in online shopping market: Perspective based on two-dimensional asymmetric information[J]. Finance & Economics Research, 2016, 42(11): 99-112. DOI: 10.16538/j.cnki.jfe.2016.11.008.

Zhang Ji, Zhu Wei, Wang Yake. Research progress on the relationship between household economic vulnerability and resident consumption[J]. Economic Dynamics, 2016(08): 126-135.

Zhang Ji, Zhu Wei, Wang Yake. Household economic vulnerability and risk aversion[J]. Economic Research Journal, 2016, 51(06): 157-171.

Hu Xiaoning, Chen Bingzheng, Zhu Wei. Long-term care insurance pricing based on household micro data[J]. Insurance Studies, 2016(04): 57-67. DOI: 10.13497/j.cnki.is.2016.04.006.

Zhu Wei. The Role and Regulation of Insurance Intermediaries: Lessons from the US Market [J]. China Insurance, 2015(05): 19-23.

Zhu Wei, Chen Bingzheng. Analysis of Factors Influencing the Demand for Catastrophe Insurance in China: A Case Study of Earthquake Risk [J]. Insurance Studies, 2015(02): 14-23. DOI: 10.13497/j.cnki.is.2015.02.002.

Zhu Wei, Chen Bingzheng. Optimal Decision Analysis for Overall Risk Transfer [J]. Insurance Studies, 2013(09): 86-95. DOI: 10.13497/j.cnki.is.2013.09.006.

Zhu Wei, Huang Wei. Economic Explanation of Low Reputation in the Insurance Industry: An Perspective based on Time-inconsistent Preferences [J]. Economic Research, 2013, 48(08): 131-142.

Zhu Wei, Chen Bingzheng. Longevity Risk Analysis for Individual Annuities with Dynamic Mortality Rates [J]. Insurance Studies, 2012(02): 21-28. DOI: 10.13497/j.cnki.is.2012.02.008.

Lin Zhao, Wei Zhu. Ambiguity Aversion: A New Perspective on Insurance Pricing[J]. ASTIN Bulletin, 2011, 41(1):157-189.

Zhu Wei, Chen Bingzheng. Forecasting Urban Mortality Rates in China [J]. Journal of Mathematical Statistics and Management, 2009, 28(04): 736-744. DOI: 10.13860/j.cnki.sltj.2009.04.011.

Zhu Wei, Chen Bingzheng. Analysis of Longevity Risk Embedded in Individual Annuity Products: Insights from Life Table Revision [J]. Insurance Studies, 2008(03): 56-58+20.

Books and Monographs

Conference Presentation

Chen Bingzheng, Zhu Wei. A Review of Longevity Risk Management [C]. In: China Center for Insurance and Social Security Research (CCISSR). Thirty Years of Reform and Opening-Up: Experiences and Challenges in Insurance, Finance, and Economic Development - Proceedings of the Peking University CCISSR Forum. Beijing: Peking University Press, 2008: 177-192.

Chen Bingzheng, Zhu Wei. Analysis of the Impact of Life Table Revision on Pricing of Life Insurance Products [C]. In: China Center for Insurance and Social Security Research (CCISSR). Livelihood Security and Harmonious Society: Perspectives on Insurance, Social Security, and Economic Reform - Proceedings of the Peking University CCISSR Forum. Beijing: Peking University Press, 2007: 198-210.

COURSES TAUGHT

MEMBERSHIP IN ASSOCIATIONS

China Center for Insurance and Social Security Research

Member 2007-present

ADMINISTRATION

STUDENT AND PUBLIC SERVICE

Student Service

Thesis Supervisor

An average of 4 undergraduate students have been guided every year, since 2011.

An average of 4 master's students have been guided every year, since 2011.

Thesis Defense Committee

Participate in undergraduate thesis defenses every year, since 2011.

Participate in master's thesis defenses every year, since 2011.

Faculty Advisor, 2015-2019

Research Mentor

Wang Wu, Graduate Innovation Research Project, 2013

Zhao Liu and 20 others, Undergraduate Research Project, 2013-2019, 2022

Wang Hong and 20 others, Undergraduate Research Project, 2013,2015

Judge or Mentor of Student Competition

Insurance Cup Competition,2015

College Students Challenge Competition, 2028

Advisor of Interns and Careers

Advisor of Student Clubs

Curriculum Design and Management

Admission Counseling

Others (Specify in Details)

Public Service

RESEARCH GRANTS

AWARDS AND HONORS

Research Awards and Honors

Teaching Awards and Honors

Others

PROFESSIONAL DESIGNATION

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