Li Honggang
Professor
School of Systems Science
Beijing Normal University
Beijing 100875, China
Email: hli@bnu.edu.cn
Phone: (86-10)58807065 (O)
Education
Ph.D. in Systems Theory (1996),
M.S. in Theoretical Physics (1993),
B.S. in Physics ( 1990),
Academic
Positions
School of Systems Science, Beijing Normal University, Beijing, China
Professor (2013-)
School of Management, Beijing Normal University, Beijing, China.
Assistant Professor (1996-1996), Associate Professor (1999-2005) and Professor (2005-2013)
Visiting Scholar (1999)
Visiting Scholar (2000)
Department of Public Affairs &
Administration, California State University, East Bay, Hayward, California, USA
Visiting Scholar (2002)
School of Social
Sciences, Nanyang Technological University, Singapore
Visiting Scholar (2010)
Teaching Courses
Undergraduate Courses: Operational Research, Systems Engineering, Principles of Economics, Microeconomics, Macroeconomics, Labor Economics, Investment, Finance, Financial Risk Management
Graduate Courses: Managerial Economics, Public Finance, Engineering Economy, Financial Engineering, Financial Risk Management
Research
Interests
Complex Systems Theory, Complexity in Economic & Financial Systems, Financial Engineering (Risk Management), Population & Society
Selected Publications (In English)
Xinyue Dong, Rong Ma, Honggang Li. Stock index pegging and extreme markets. International Review of Financial Analysis, July 2019, 64: 13-21.
Xinyue Dong, Honggang Li. The effect of extremely small price limits: Evidence from the early period of the Chinese stock market. Emerging Markets Finance and Trade, 2019, 55(7): 1516-1530.
Yichen Zhou, Honggang Li. Asset diversification and systemic risk in the financial system. Journal of Economic Interaction and Coordination, 2019, 14(2): 247-272.
Zhou Xuan, Honggang Li. Buying on margin and short selling in an artificial double auction market. Computational Economics, 2019, 54(4): 1473-1489.
Rong Ma, Yin Zhang, Honggang Li，Traders’ behavioral coupling and market phase transition, Physica A, 2017,486:618-627
Mingjie Ji, Honggang Li. Exploring price fluctuations in a double auction market. Computational Economics, August 2016, 48(2): 189–209
Tongkui Yu, Shu-Heng Chen, Honggang Li , Social norms, costly punishment and the evolution of cooperation, Journal of Economic Interaction and Coordination, 2016（11）: 313–343
Yongjie Zou,Honggang Li, Time spans between price maxima and price minima in stock markets, Physica A, Feb.1, 2014, 395: 303–309.
Ting Zhang, Honggang Li, Buying on margin, selling short in an agent-based market model, Physica A, 2013, 392(18), 4075-4082.
Yu Zhang and Honggang Li, Investors' risk attitudes and stock price fluctuation asymmetry, Physica A, 2011, 390: 1655-1661.
Yan Gao and Honggang Li, A consolidated model of self-fulfilling expectations and self-destroying expectations in financial markets, Journal of Economic Behavior and Organization, 2011, 77: 368–381.
Cao, Shi-Nan, Deng, Jing, Li, Honggang, Prospect theory and risk appetite: an application to traders' strategies in the financial market, Journal of Economic Interaction and Coordination, December, 2010, 5 (2): 249-259.
Tongkui Yu and Honggang Li，Econophyiscs Research in China，Science and Culture, 2010, 76(9-10), 391-394.
Tongkui Yu, Honggang Li. Dynamic regimes of a multi-agent stock market model. Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering, 1867-8211 (Print) 1867-822X (Online), Volume 5, Complex Sciences, Springer Berlin Heidelberg,2009
Honggang Li and Yan Gao, A GDP fluctuation model based on interacting firms, Physica A, 2008,387 (21): 5225-5230.
Honggang Li, Yan Gao, Statistical distribution and time correlation of stock returns runs. Physica A, 2007, 377(1): 193-198.
Ehsan Ahmed, Honggang Li, and J. Barkley Rosser, Jr. Nonlinear bubbles in Chinese stock markets in the 1990s, Eastern Economic Journal, 2006, 32(1): 1-18,
Honggang Li, Dahui Wang, Chen Xianggui, Job match and income distributions, Physica A, 2004, 341C: 569-574.
Honggang Li, J. Barkley Rosser Jr, Market dynamics and stock price volatility, The European Physical Journal B, 2004, 39(3): 409-413.
Honggang Li, Option pricing by present value formulas, Journal of Systems Science and Information, 2003,1(2):163-166.
Honggang Li, J. Barkley Rosser Jr, Emergent volatility in asset markets with heterogeneous agents, Discrete Dynamics in Nature and Society, 2001, 6: 171-180.
Honggang Li, Investors thinking and stock price excess volatility, Journal of Systems Science and System Engineering, 1999,8(1): 101-105.
Honggang Li, Opinion formation and asset price fluctuation, Journal of Systems Science and System Engineering, 1997, 6(2): 160-163.
Honggang Li, Fukang Fang, A dynamic model and numerical experiment on the evolution of macroeconomic system, In: Fang Fukang and Michele Sanglier (eds.), Proceedings of International Conference on the Complexity and Self-organization in Social and Economic Systems ,Springer-Verlag, Berlin Heidelberg, 1997: 76-83.