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    <title>MINGZHAO</title>
    <updated>2025-12-25T09:21:18.040Z</updated>
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    <subtitle>&lt;p&gt;Work like a economist | Think like a sociologist&lt;/p&gt;</subtitle>
    <logo>https://mingzhao-econ.github.io/images/avatar.png</logo>
    <icon>https://mingzhao-econ.github.io/favicon.ico</icon>
    <rights>All rights reserved 2025, MINGZHAO</rights>
    <entry>
        <title type="html"><![CDATA[Term paper on The Morale Effects of Pay Inequality (Behavioral Economics)]]></title>
        <id>https://mingzhao-econ.github.io/post/term-paper-on-the-morale-effects-of-pay-inequality-behavioral-economics/</id>
        <link href="https://mingzhao-econ.github.io/post/term-paper-on-the-morale-effects-of-pay-inequality-behavioral-economics/">
        </link>
        <updated>2025-03-28T06:50:05.000Z</updated>
        <content type="html"><![CDATA[<p>For PDF version, please click <a href="mdai-econ.com/files/https://term_paper_Mingzhao_Dai.pdf">here</a><br>
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    </entry>
    <entry>
        <title type="html"><![CDATA[Slides | Endogenous Institution Formation in Public Goods Games]]></title>
        <id>https://mingzhao-econ.github.io/post/Kosfeld09/</id>
        <link href="https://mingzhao-econ.github.io/post/Kosfeld09/">
        </link>
        <updated>2024-12-19T09:33:01.000Z</updated>
        <content type="html"><![CDATA[<p>These slides are based on <a href="https://www.aeaweb.org/articles?id=10.1257/aer.99.4.1335">Kosfeld, Okada, and Riedl (2009)</a>. I presented this paper in the class of <a href="https://berlinschoolofeconomics.de/phd-programm/courses/detail/social-preferences-theories-and-evidence-288">Social Preferences: Theories and Evidence</a> on Nov. 12, 2024. Although it is a paper mainly about behavioral and experimental economics, it is structured by both theory and experiment parts. In the theory part, it provided a nice framework for the analysis of endogeneous institution formation in the public goods game, combined this framework with social preferences such as inequity aversion (<a href="https://academic.oup.com/qje/article-abstract/114/3/817/1848113">Fehr and Schmidt, 1999</a>) and got some interesting results which are significantly different from what we can get from a model without social preferences. Technically, the introduction of strict SPNE also allows the model to have a nice refinement of equilibria, in order to reach the more intuitive side of this model. This is very interesting, since it provides a good example of building the bridge between the seemingly complicated theoretical equilibria and the corresponding more-plausibly-realized results in experiments.</p>
<p>However, there is still a lot of stuff to further discuss about this model, one of which suggests a potential absence of belief system in the model structure. This would be even more important when we have heterogeneous agents and want to understand the incentives of them participating in the institution formation. Therefore, I would like to upload this presentation slides as an inspiration, or basis of future studies.</p>
<p>You can also find the slides in pdf version <a href="https://mdai-econ.com/files/Mingzhao_Dai_121124.pdf">here</a>.</p>
<p><img src="https://mingzhao-econ.github.io/post-images/1734610091976.jpg" alt="" loading="lazy"><br>
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    </entry>
    <entry>
        <title type="html"><![CDATA[Pictures of recent years]]></title>
        <id>https://mingzhao-econ.github.io/post/pictures/</id>
        <link href="https://mingzhao-econ.github.io/post/pictures/">
        </link>
        <updated>2023-10-19T00:46:29.000Z</updated>
        <content type="html"><![CDATA[<p>Siguniang Mountains, Ngawa, Sichuan, China<br>
<img src="https://mingzhao-econ.github.io/post-images/1697846235449.jpeg" alt="Siguniang Mountains སྐུ་བླ, Ngawa, Sichuan, China" loading="lazy"><br>
Yuke Plateau Grassland, Garzê, Sichuan, China<br>
<img src="https://mingzhao-econ.github.io/post-images/1697847605963.jpeg" alt="" loading="lazy"><br>
Really nice Italian white wine at the famous pizza shop <em>Fratelli Figurato</em>, Madrid<br>
<img src="https://mingzhao-econ.github.io/post-images/1697847811211.jpeg" alt="" loading="lazy"><br>
Park Güell, Barcelona<br>
<img src="https://mingzhao-econ.github.io/post-images/1697848056732.jpeg" alt="" loading="lazy"><br>
The selfie bro in front of the beautiful field of Segovia, Spain<br>
<img src="https://mingzhao-econ.github.io/post-images/1697848322729.jpeg" alt="" loading="lazy"><br>
At the corner of Ruínas da Igreja do Carmo, Lisbon<br>
<img src="https://mingzhao-econ.github.io/post-images/1697849168946.jpeg" alt="" loading="lazy"><br>
Impresive artworks of La Catedral del Santo Cáliz, València<br>
<img src="https://mingzhao-econ.github.io/post-images/1697849509283.jpeg" alt="" loading="lazy"><br>
Peaceful Mediterranean beach at Malvarrosa, València<br>
<img src="https://mingzhao-econ.github.io/post-images/1697850912359.jpeg" alt="" loading="lazy"><br>
On the top of Castell de Santa Bàrbara, Alicante<br>
<img src="https://mingzhao-econ.github.io/post-images/1697851018197.jpeg" alt="" loading="lazy"><br>
In the wind of historical Toledo, Spain<br>
<img src="https://mingzhao-econ.github.io/post-images/1697850158353.JPG" alt="" loading="lazy"><br>
Mysterious Gaztelugatxe, Bilbao, Basque Country, Spain<br>
<img src="https://mingzhao-econ.github.io/post-images/1697851111096.jpeg" alt="" loading="lazy"><br>
Brussels, Belgium<br>
<img src="https://mingzhao-econ.github.io/post-images/1697851177544.jpeg" alt="" loading="lazy"><br>
Variegated shadows of trees, Champs-Élysées, Paris<br>
<img src="https://mingzhao-econ.github.io/post-images/1697851798289.jpg" alt="" loading="lazy"><br>
The vibe of Amsterdam<br>
<img src="https://mingzhao-econ.github.io/post-images/1697852093147.jpeg" alt="" loading="lazy"></p>
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    </entry>
    <entry>
        <title type="html"><![CDATA[Slides (in Chinese) | 第三方认证与全球生产链中间品质量甄别 - Screening Intermediate Quality Through Third Party Certification]]></title>
        <id>https://mingzhao-econ.github.io/post/in-chinese-third-party-certification-2/</id>
        <link href="https://mingzhao-econ.github.io/post/in-chinese-third-party-certification-2/">
        </link>
        <updated>2022-05-10T15:24:18.000Z</updated>
        <content type="html"><![CDATA[<p>This is the updated version of the <a href="https://mdai-econ.com/post/third-party-certification-1/">previous writing sample</a> and was also my Master's thesis. The model has been much improved, along with more detailed illustrating. That being said, there's still a lot of space for this model to become better and I am working on this. The new English version of this paper is expected to have a draft before summer, 2024.</p>
<p>Also, you can click <a href="https://drive.google.com/file/d/1r85uussiKoXu1MK3eip_1IW06s4aLIzr/view?usp=sharing">here</a> for the access to the pdf <em>OR</em> <a href="https://drive.google.com/file/d/1n5Qbz8qg4_kWXwn4GBIDqShKfiQ5Eolq/view?usp=sharing">here</a> for the access to the version <strong>with notes</strong>. (Links to Google Drive)<br>
Copyright reserved. If you want the access to the pdf of the <strong>paper</strong> (in Chinese), please email <a href="mailto:academic@mdai-econ.com">Mingzhao DAI</a>.</p>
<figure data-type="image" tabindex="1"><img src="https://mingzhao-econ.github.io/post-images/1697837697755.jpg" alt="" loading="lazy"></figure>
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    </entry>
    <entry>
        <title type="html"><![CDATA[Writing Sample | Screening Intermediate Quality Through Third Party Certification]]></title>
        <id>https://mingzhao-econ.github.io/post/third-party-certification-1/</id>
        <link href="https://mingzhao-econ.github.io/post/third-party-certification-1/">
        </link>
        <updated>2021-07-01T15:20:15.000Z</updated>
        <content type="html"><![CDATA[<p><img src="https://mingzhao-econ.github.io/post-images/1697836849096.JPG" alt="" loading="lazy"><br>
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<img src="https://mingzhao-econ.github.io/post-images/1697836866872.JPG" alt="" loading="lazy"><br>
Copyright reserved. If you want the access to the pdf, please email <a href="mailto:academic@mdai-econ.com">Mingzhao DAI</a>.</p>
]]></content>
    </entry>
    <entry>
        <title type="html"><![CDATA[Writing Sample | Calling for Equality: the Role of Transboundary Rivers' Pollution Tax Agreements (proposal)]]></title>
        <id>https://mingzhao-econ.github.io/post/WS-calling-for-equality-trans-river/</id>
        <link href="https://mingzhao-econ.github.io/post/WS-calling-for-equality-trans-river/">
        </link>
        <updated>2021-06-18T14:43:53.000Z</updated>
        <content type="html"><![CDATA[<p><img src="https://mingzhao-econ.github.io/post-images/1697834934168.JPG" alt="" loading="lazy"><br>
Copyright reserved. If you want the access to the pdf, please email <a href="mailto:academic@mdai-econ.com">Mingzhao DAI</a>.</p>
]]></content>
    </entry>
    <entry>
        <title type="html"><![CDATA[Slides | Antràs P. & Staiger R.W. , 2012, Offshoring and the Role of Trade Agreements]]></title>
        <id>https://mingzhao-econ.github.io/post/antras-and-staiger-2012/</id>
        <link href="https://mingzhao-econ.github.io/post/antras-and-staiger-2012/">
        </link>
        <updated>2021-06-18T14:37:55.000Z</updated>
        <content type="html"><![CDATA[<h2 id="about-this-paper">About this paper</h2>
<p>This paper was published on <em>American Economic Review</em> in 2012, and you can get access to it by clicking <a href="https://www.aeaweb.org/articles?id=10.1257/aer.102.7.3140">AEA | Offshoring and the Role of Trade Agreements</a>.<br>
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    <entry>
        <title type="html"><![CDATA[Does the position along the river determine the production distribution? under a pollution tax agreement]]></title>
        <id>https://mingzhao-econ.github.io/post/pollution-along-the-river/</id>
        <link href="https://mingzhao-econ.github.io/post/pollution-along-the-river/">
        </link>
        <updated>2021-04-06T07:50:43.000Z</updated>
        <content type="html"><![CDATA[<p><img src="https://mingzhao-econ.github.io/post-images/1697313158973.JPG" alt="" loading="lazy"><br>
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