Professor Weiying Zhang received his M. Phil. in economics in 1992 and D. Phil. in economics in 1994, both from Oxford University. From 1984 to 1990, he was a researcher of the Economic System Reform Institute of China under the State Commission of Restructuring Economic System. During this period, he was heavily involved in economic reform policy formation in China. He was the first Chinese economist to propose the “dual-track price system reform” (in 1984), which had fundamental impact on the post-1985 price liberalization policy in China. Professor Weiying Zhang’s research interests include the industrial organization, corporate governance, information economics, economics of law, and more importantly, Chinese economic reform. He is a widely recognized authority of the theory of the firm and ownership reform in China, and a market liberalist economist.
An Entrepreneurial/Contractual Theory of the Firm
The Theory of the Firm and China’s Enterprise Reform