Hongbin Cai received his B.A. in Mathematics at Wuhan University, his M.A. in Economics at Peking University, and his Ph.D. in Economics at Stanford University. He is currently Professor in Economics and Associate Dean at Guanghua School of Management, Peking University. He taught at University of California, Los Angeles before moving to Peking University. He is director of J. Mirrlees Institute of Economic Policy Research (IEPR) at Peking University, and associate director of Center of Poverty Research at Peking University.
He is a National Chang Jiang Scholar (awarded by Ministry of Education of China) and a National Outstanding Young Researcher (awarded by National Science Foundation of China). He has published many academic papers in top international journals in economics and finance, in a wide range of areas including game theory, Chinese economy, industrial organization and corporate finance.