Abstract This paper examines China’s ongoing revolution in higher education. On the bright side, Chinese higher education has enjoyed four decades of remarkable expansion, as measured by college enrollment, post-graduate training, research capacities and various global rankings. In 2007,...

Abstract China has made significant progress since 1978 in expanding the market, but that progress is threatened by the failure to limit the state. The critical challenge facing the Chinese Communist Party (CCP) and its leadership is to widen the range of choices open to individuals by promoting...

Abstract We are delighted to be present today to share in the celebration of Steven Cheung’s 80th birthday. We bring best wishes from several others who could not be here – Yoram Barzel, Chris Hall, and Douglass North. Congratulations to Steve and thanks to Linda for this special occasion....

Abstract Steve Cheung has been a pioneer in the research of marriage using economic approach. In this paper, I shall describe his influence on marriage research in general and on my career in particular. Since Gary Becker had exerted a parallel influence, I will also discuss his impact as well.

Abstract I examine the sharing economy using a contractual approach pioneered by Cheung (1969, The Theory of Share Tenancy: With Special Application to Asian Agriculture and the First Phase of Taiwan Land Reform . Chicago: Chicago University Press). Progress in information technology that...