2026–27 Job Market
Weikang Zhang
Ph.D. Candidate in EconomicsSouthern Illinois University Carbondale
Every case for a decision is made in what it might return. I measure what it costs.
- Fields of interest
- Financial Economics · Behavioral Economics · Microeconomic Theory
Research
Is waiting enough?
HODL Strategy or Fantasy? 480 Million Crypto Market Simulations and the Macro-Sentiment Effect
Job market paperWith Alison WattsUnder review, Global Finance Journal
See what the waiting paidCrypto’s simplest promise is to buy, wait, and win. Held two to three years, the middle of the random draws finished 28.4 percentage points behind a Treasury bill, and the best quarter of those same draws averaged 1,326.7 points ahead. We ran 480 million holds to find that out: seven baskets that hold one named token throughout, and one that just picks a coin out of 378.
Request the paper EmailCan a good time end a good thing?
Why Good Experience Can End Joint Activity
Submitted, Journal of Economic Behavior & Organization
See how a good time ends itLearning that someone enjoys an activity changes what their yes says. When a yes is valued as a response to the other person, that learning can end an activity that would still benefit both on average, leaving both worse off, on average, than with no feedback from it. Once it stops, it yields no new evidence, so waiting may never bring it back.
Read the preprint arXiv