Yu Fu Wong

Yu Fu Wong is an Assistant Professor of Economics at the University of Pittsburgh, specializing in dynamic economic theory with a focus on information economics and strategic experimentation. He holds a PhD from Columbia University (2023) and prior affiliations with the University of Warwick. His work explores incentive mechanisms in dynamic settings, strategic decision-making under uncertainty, and equilibrium behaviors in competitive exploration scenarios.

Education

• PhD in Economics, Columbia University (2023)
• MSc in Economics, Toulouse School of Economics (2017)
• BSc in Physics and Mathematics, Hong Kong University of Science and Technology (2015)

Research Interests

Wong’s research bridges microeconomic theory and applied stochastic processes, addressing questions like optimal monitoring design in dynamic environments, strategic experimentation in correlated alternatives, and preemption dynamics in multi-agent systems. His models often incorporate forward-looking behaviors and explore trade-offs between exploration and exploitation.

Teaching

• PhD Dynamic Methods in Economics (Pitt, Spring 2025)
• PhD Mathematical Methods in Economics (Pitt, Fall 2024)
• MA Game Theory (Warwick, Spring 2024)

Key Contributions

His work on strategic exploration explains competitive behaviors in technology races and R&D competitions, predicting phenomena like premature adoption of unreliable technologies and duplicated search efforts. Recent contributions include models of tenure mechanisms in dynamic monitoring and conditional Gibrat’s law in firm experimentation.