Background
LIM, Chinese was born in 1947 in Malaysia.
LIM, Chinese was born in 1947 in Malaysia.
B Agriculture Science University Malaya, 1970. Master of Science University British Columbia, 1972. Doctor of Philosophy Queen's University, Canada,1978.
Lector, Assistant Professor, University Western Ontario, 1977-1978, 1978-1983. Association Professor, University Western Ontario, London, Ontario, Canada.
Initial published works were on the economics of uncertainty, especially regarding the theory of the firm and its choice of behavioural modes in a stochastic environment. This work has led to other published works on risk-shifting and risk-sharing between firms and intermediate trading agents, and between firms and employees in labour contracts. At present, my work concentrates on the question of equilibrium entry.
One piece deals with the question of how incumbents would optimally choose various strategies to affect the probability of entry in a perfectly contestable market. And another piece studies the question of the equilibrium timing of entry in a rational expectations model of a fully contestable market. In addition to these market models, present interests include the modelling of moral incentives.