Zhen Liu

Assistant Professor of Economics
Office: 201 Fronczak Hall
Phone: (716) 645-8691

E-mail: zl24@buffalo.edu

Website: Professor Liu's Personal Webpage

Fall 2013 classes: 469/569 TR 12:30-1:50; 721 TR 2:30-3:50
Fall 2013 office hours: TR 4:00-5:00

469/569 Syllabi

721 Syllabi

Spring 2014 classes: 467/567 MWF 2:50-3:50; 527 MWF 12:00-12:50

Spring 2014 office hours: MW 1:00 – 2:00 and by appointment



  • B.A. Economics, Tsinghua University
  • M.A., Stony Brook University
  • Ph.D., Stony Brook University


Research Interests

  • Information Economics
  • Behavioral Economics
  • Financial Markets


Papers and Research in Progress

  • "Fair disclosure and investor asymmetric awareness in stock markets,"
  • "The dirty face problem with unawareness," The B.E. Journal of Theoretical Economics, forthcoming.
  • "Social security literacy and retirement well-being," with Hugo Benitez-silva and Berna Demiralp, in progress.
  • "What do you care what others do? The herding of comparable firms on earnings management," with Weihao Xu, in progress.
  • "Justifying cursed equilibrium via partial awareness," in progress.


Other Contributions and Distinctions

  • Research grant from Michigan Retirement Research Center. 2008-2009.
  • Seed Grant for Survey Research. V.P. for Research at SUNY-Stony Brook, and Center for
    Survey Research. 2007
  • Outstanding Doctoral Student Paper Award. The 2007 American Accounting Association
    Mid-Atlantic Regional Meeting. 2006-2007