Ph.D., Economics, University of Minnesota.
Dr. Zhao has been assistant and associate professor of economics at the State University of New York, Albany,
prior to joining the Smith School as an visiting associate professor of economics. Dr. Zhao's research interests
range from contract theory, game theory to industrial organization and organizational economics. He has published
in leading economics journals including American Economic Review and Journal of Economic Theory. His current research
investigates various issues that arise when economic and social interactions are governed by informal rules set in
relational contracts. He also examines how businesses can better utilize resources by designing more efficient
organizational structures. Dr. Zhao has taught a number of undergraduate and graduate courses including microeconomics,
game theory, contract theory, industrial organization, and mathematical economics.