Ch’ng Kean Siang  
Assoc. Professor, Dr.

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Ph.D. (UM), M.Ec. (UM), B.Ec. (UMS)

 

 

 

 

 

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  cks@usm.my  |   04-653 4623  |    C14 / 108  l    EXPERTISE

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Citations - 50	Undergraduate -	International -	Ph.D -
h-index - 5	Postgraduate -	National -	Masters -
		University -

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2014 and forthcoming

Communication in Cournot competition: An experimental study, Forthcoming, Journal of Economic Psychology (with Israel Waichman and Till Requate)

Kean Siang Ch'ng, Suet Leng Khoo. Market mechanisms to allocate heritage conservation fund: An experimental study. Accepted in Singapore Economic Review.

Kean Siang Ch'ng, Suet Leng Khoo. Price auction and regulation in experimental built heritage conservation market. Accepted in International Journal of Business and Society.

2013

Kean Siang Ch'ng (2013) Mitigating sabotage in tournament: an experimental study. Procedia-Social and Behavioral Sciences. 91: 128 -139. Abstract

Kean Siang Ch'ng, Suet Leng Khoo and Phaik Nie Chin. The effects of cultural and historical information and contribution threshold on public contributions: an experimental study on the conservation of heritage houses in Penang, Malaysia. Accepted for publication in Journal of Cultural Economics. Abstract

Othman, M.S., Merican, H., Yew Fong Lee, Kean Siang Ch'ng and Thurairatnam, D. Confidence level in performing clinical procedures among medical officers in nonspecialist Government hospitals in Penang, Malaysia. Accepted for publication in Asia Pacific Journal of Public Health. Abstract

Kean Siang Ch'ng, Suet Leng Khoo and Yoke Mui Lim (2013). Preference information and experimental heritage conservation auctions, Journal of Cultural Heritage and Sustainable Development, 3(1),82-94.Abstract

2012

Kean Siang Ch'ng and Chor Foon Tang (2012) , Individual tradable permit market and traffic congestion: An experimental study. Arts and Social Sciences Journal, 40, pp. 1-8. Abstract

Kean Siang Ch'ng (2012). Punishment as a price to pay. Contemporary Economics, 6(1), 86-97. Abstract

Chor Foon Tang and Kean Siang Ch'ng (2012). A multivariate analysis of the nexus between savings and economic growth in the ASEAN-5 economies. Margin: The Journal of Applied Economic Research. 6(3), 385-406. Abstract

2011

Kean Siang Ch'ng (2011). Role of relative information and reciprocity in a gift exchange game: An experimental study. Economic Analysis and Policy, 41, 99–108. Abstract

Kean Siang Ch'ng and Yiing Jia Loke (2011). Average wage, reputation and reciprocity. Malaysian Journal of Economic Studies, 48(1), 23–36. Abstract

Kean Siang Ch'ng and Yiing Jia Loke (2011). Intention matters in employment contract. International Journal of Business and Society, 12(1), 83–100. Abstract

Kean Siang Ch'ng, Requate, T., & Waichman, I. (2011). On the role of social wage comparison in gift exchange experiments. Economic Letters, 112(1), 75–78. Abstract

2010

Kean Siang Chng (2010) Reputation and market wage as contract enforcement device: An experimental evidence. Theoretical and Applied Economics, 17(12), 41-56. Abstract

Waichman Israel, Requate Till and Kean Siang Chng (2010) The B.E. Journal of Economic Analysis & Policy, 10(1), 1935-1682. Abstract

Waichman Israel, Requate Till and Kean Siang Chng (2010) Managers and Students Playing Cournot - evidence from duopoly and triopoly experiment, 18, 115-120. Abstract

Kean Siang Chng and Norzarina Mohd (2010) Confirmation Bias and the Convergence of Beliefs: Agent Based Approach, Malaysia Journal of Economic Studies, 47(1), 19-31. Abstract

2009

Kean Siang Chng (2009) The role of social comparison, perceived fairness and reciprocity in labor contract: an experimental study. Chulalongkorn Journal of Economics, 21(2), 73-88. Abstract

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Microeconomics

Behavioral and Experimental Economics

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My research interest is in Experimental Economics. I apply experimental method to study economic questions. Expeirments are used to test the validity of an economic theory, test the market mechanisms and to investigate the causal relationship between economic variables. Experiments can be conducted in the field or in laboratory settings, with individual or with group, and whether it is in Macro or Microeconomics. The method allows one to test the economis relationship by holding other variables constant in a lab setting. The method provides one with data about behavioral responses to economic incentives, policies, market mechanisms and market institutions. I have applied the method in areas: employer-employee relation, conservation, public good game, traffic congestion, industry pollution abatement etc.

Competition among employees for promotion, reward and recognition by superior is encouraged by employers. Strategies range from pure effort, pure sabotage (e.g. destroy others' reputation, back stabbing, etc) or mixture of both to advance one's promotion opportunity.

"I'd rather betray the world than let the world betray me." by 曹操 is a dominant strategy in the tournament game. If enlarging the size could resolve the conflict as in Romance of Three Kingdoms, sabotage would be reduced tremendously and pure effort is the dominant strategy for the employees.

In pollution abatement, command and control (C&C) is the norm in Government policy in developing countries.  However, it suffers from high cost in monitoring, enforcement and price (punishment) deviates from the social cost or the payment received does not correspond to social benefits.  In Payment for Environmental Sevices (PES) through pure auctioning, pure grandfathering of pollution permit and pure refunding of revenue from auction, equilibrium is achieved when MC=MB of the polluters.

Click here for tragedy of the commons

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Postgraduates:

PhD by Research

Chin Phaik Nie (on going)

Lee Lian Yee (on going)

Master in Economic Management (by coursework)

Ang Siak Khee (Completed 2009)

Reegina K,Svet A/P Karunan @Stephen (Completed 2010)

Tan Siang Yew (Completed 2011)

Yap Soo Koon (Completed in 2013)

Master By Research

Tan Scaik Lin (on going)

Undergraduate

Lim Cheng Ee (Completed 2010)

Ung Ee Siew (Completed 2012)

Yap Xing Ying (Completed 2012)

Tan Scaik Lin (Completed 2012)

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