Guofu Tan

Professor of Economics

Contact Information
E-mail: guofutan@usc.edu
Phone: (213) 740-3520
Office: KAP 334B

Personal Website


  • Ph.D. Industrial Organization, Chinese Economy, California Institute of Technology, 6/1990

  • Academic Appointment, Affiliation, and Employment History

    Tenure Track Appointments
    • Associate Professor of Economics, University of British Columbia, Vancouver, 07/01/1996-06/30/2003  
    • Visiting Associate Professor of Economics, Hong Kong University of Science and Technology, 07/01/1996-06/30/1999  
    • Assistant Professor of Economics, University of British Columbia, Vancouver, 07/01/1990-06/30/1996  
    Other Employment
    • Professor, University of Southern California, 2003-  
    • T.C. MacDonald Chair in Industrial Economics, Competition Bureau, Ottawa, Canada, 07/01/2000-06/30/2001  

    Description of Research

    Summary Statement of Research Interests
    A fellow of the Chinese Economists Society, Tan's economic research of Chinese economy, auction theory, industrial organization and antitrust economics is widely published. Tan teaches economics of transition and development - the case of China, microeconomic theory, industrial organization, and the economics regulation and antitrust.
    Research Keywords
    Chinese economy, transition economies, antitrust economics, auction theory, industrial organization, business strategy, communications industry, microeconomics

    Affiliations with Research Centers, Labs, and Other Institutions

    • Institute for Economic Policy Research
    • US-China Institute


    Book Chapter
    • Tan, G. (2013). Resale Price Maintenance and the Anti-Monopoly Law. China's Anti-monopoly Law: The First Five Years pp. 119-135.
    • Tan, G. (2010). Recent Development in Industrial Organization: A Selective Review. Industrial Organization in Canada pp. p.64-107. Montreal & Kingston: McGill-Queen's University Press.
    • Tan, G., Cheng, L., Qiu, L. (2000). Foreign Direct Investment and International Fragmentation of Production. Fragmentation: New Production Patterns in the World Economy/Oxford University Press.

    Journal Article
    • Tan, G., Ju, H. (2015). Bilateral Market Structure and Regulatory Policies in International Telephone Markets. International Economic Review.
    • Tan, G. (2014). Equilibria in Second-Price Auctions with Private Participation Costs and Values. Games and Economic Behavior.
    • Tan, G. (2014). Nash Bargaining with Log-convexity. Economic Theory.
    • Tan, G. (2014). All-Units Discounts as a Partial Foreclosure Device. RAND Journal of Economics.
    • Tan, G. (2013). Economics and Private Antitrust Litigation in China. Competition Policy International. Vol. 9 (spring), pp. 123-152.
    • Tan, G., Shan, P., Wilkie, S., Williams, M. (2012). China's Anti-Monopoly Law: What is the Welfare Standard?. Review of Industrial Organization. Vol. 41, pp. 31-52.
    • Tan, G., Wang, R. (2010). Coalition Formation in the Presence of Continuing Conflict. International Journal of Game Theory. Vol. 39, pp. 273-299.
    • Cheng, H., Tan, G. (2010). Asymmetric Common-Value Auctions with Applications to Private-Value Auctions with Resale. Economic Theory. Vol. 45 (1-2), pp. 253-290.
    • Hendricks, K., Porter, R., Tan, G. (2008). Bidding Rings and the Winner’s Curse. RAND Journal of Economics. Vol. 39 (4), pp. 1018-1041.
    • Tan, G., Ylankaya, O. (2007). Rafifiability of Efficient Collusive Mechanisms in Second-Price Auctions with Participation Costs. Games and Economic Behavior. Vol. 59, pp. 383-396.
    • Tan, G., Yilankaya, O. (2006). Equilibria in Second-price Auctions with Participation Costs. Journal of Economic Theory. Vol. 130, pp. 205-219.
    • Pinkse, J., Tan, G. (2005). The Affiliaton Effect in First-Price Auctions. Econometrica. Vol. 73 (1), pp. 263-277.
    • Tan, G. (2005). The Market for Sweepstakes. Review of Economic Studies. Vol. 72, pp. 1009-1027.
    • Niou, E., Tan, G. (2005). External Threat and Collective Action. Economic Inquiry. Vol. 43, pp. 519-530.
    • Cheng, L., Qiu, L., Tan, G. (2005). Foreign Direct Investment and International Trade in a Continuum Ricardian Model. Journal of Development Economics. Vol. 77 (2), pp. 477-501.
    • Tan, G., Yuan, L. (2003). Strategic Incentives of Divestitures of Competing Conglomerates. International Journal of Industrial Organization. Vol. 21 (5), pp. 673-697.
    • Tan, G., Hendricks, K., Piccione, M. (1999). Equilibria in Networks. Econometrica/Blackwell. Vol. 1407-1434
    • Tan, G., Hendricks, K., Piccione, M. (1997). Entry and Exit in Hub-Spoke Networks. RAND Journal of Economics. Vol. 291-303
    • Tan, G., Piccione, M. (1996). A Simple Model of Expert and Non-Expert Bidding in First-Price Auctions. Journal of Economic Theory/Elsevier. Vol. 501-515
    • Tan, G., Piccione, M. (1996). Cost-Reducing Investment, Optimal Procurement and Implementation by Auctions. International Economic Review. Vol. 663-685
    • Tan, G. (1996). Optimal Procurement Mechanisms for an Informed Buyer. Canadian Journal of Economics XXIX. Vol. 699-716
    • Tan, G., Bossert, W. (1995). An Arbitration Game and the Egalitarian Solution. Social Choice and Welfare. Vol. 29-41
    • Tan, G., Hendricks, K., Piccione, M. (1995). The Economics of Hubs: The Case of Monopoly. Review of Economic Studies. Vol. 83-99
    • Tan, G., Niou, E. (1994). An Analysis of Dr. Sun Yat-Sen's Self-Assessment Scheme for Land Taxation. Public Choice. Vol. 103-114
    • Tan, G., Hendricks, K., Porter, R. (1993). Optimal Selling Strategies for Oil and Gas Leases with an Informed Buyer. American Economic Review, Papers and Proceedings. Vol. 234-239
    • Tan, G. (1992). Entry and R&D Costs in Procurement Contracting. Journal of Economic Theory/Elsevier. Vol. 41-60

    • Tan, G., Lin, J. (1999). Accountability, Viability, and Soft Budget Constraint. American Economic Review, Papers and Proceedings.

    New Courses Developed

    • Antitrust Economics and Competition Policy, Economics, This course is intended to introduce students to the economics of antitrust and competition policy. It offers some basic analytical tools from the field of industrial economics and game theory and applies these to the enforcement of antitrust laws and competition policy. A number of antitrust cases and industry studies will also be discussed in the course. The course offers a set of skills and analytical tools that will help students work for government agencies and consulting companies, and pursue graduate studies in any top PhD program in economics and law., 2010-2011   
    • The Economics of Transition and Development: The Case of China, Economics, The goal of this course is to help students understand and analyze the rapid transition and development of the Chinese economy. It focuses on the economic reform of the Chinese economy, its transition to a market economy, its relation with the East Asian countries, and integration into the world economy. The topics to be covered include the Chinese economy in a historical perspective, China in the planned economy 1949-1978, agricultural reform and development, foreign investment, reform of state-owned enterprises, regulation and development, and China’s economic prospects., 2007-2008   

    Service to the Profession

    Editorships and Editorial Boards
    • Associate Editor, Frontier Economics in China, 2011-  
    • Co-editor, Annals of Economics and Finance, 2001-  
    • Editorial board, China Economic Quarterly, 2001-  
    • Editorial board, Review of Industrial Economics, 2001-  
    • Associate editor, International Journal of Industrial Organization, 2004-2011  
    • Associate editor, International Economic Review, 1999-2001