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Department of Risk Management and Insurance
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Department of Risk Management and Insurance
	   Interview with students: 
   
Monday 3pm-5pm  
   
 Job title: 
   
Associate Professor  
   
 Telephone: 
   
62755109  
   
 E-mail: 
   
yao.yi@pku.edu.cn  
   
 Research field: 
   
100871  
   
 Address: 
   
Rm 417, School of Economics, Peking University  
   
 Education background: 
   
2007-2012, Ph.D. in Risk Management and Insurance, Department of Actuarial Science, Risk Management and Insurance, School of Business, University of Wisconsin at Madison, U.S.
 2005-2007, Master in Economics, Department of Economics, School of Economics, Peking University
 2001-2005, Bachelor in Economics, Department of Economics, School of Economics, Peking University
   
   
 Work experience: 
   
Since Aug. 2017, Associate Professor, School of Economics, Peking University
 2012 -2017, Assistant Professor, School of Economics, Peking University
 2007-2012, Teaching Assistant, School of Business, University of Wisconsin at Madison, U.S.
 2006 -2007, Teaching Assistant, School of Economics, Peking University
 
 
   
   
 Research interests: 
   
Risk Management 
 Microinsurance
 Health Insurance
   
   
 Teaching: 
   
Life and Health Insurance 
 Introduction to Insurance Economics
 Principles of Risk Management
 Introduction to Insurance  
   
  Publications: 
   
Publication in English
 1. “Development and Sustainability of Emerging Health Insurance Markets: Evidence from Microinsurance in Pakistan”, by Yi (Kitty) Yao (sole author), Geneva Papers on Risk and Insurance-Issues and Practice, 38 (1): 160-180, 2013. 
 2. “Between-Group Adverse Selection: Evidence from Group Critical Illness Insurance”, by Martin Eling, Ruo Jia and Yi Yao, Journal of Risk and Insurance, 84(2): 771-809, 2017. 
 3. “The Role of Pregnancy in Micro Health Insurance: Evidence of Adverse Selection from Pakistan”, by Yi Yao, Joan Schmit and Justin Sydnor, Journal of Risk and Insurance, 84(4): 1073-1102, 2017.
 4. “Modeling Individual Healthcare Expenditures in China: Evidence to Assist Payment Reform in Public Insurance”, by Julie Shi, Yi Yao and Gordon Liu, Health Economics, forthcoming.
 
 Publication in Chinese (selected)
 1. “Design of the Optimal Environmental Policy for a Growing Economy”, by Yi Chen, Yi Yao, and Qixiang Sun, Finance & Trade Economics, Vol. 28, No. 3, 2017.
 2. “Study on Benefit Equity of Social Health Insurance Programs in China”, by Yi Yao, Yi Chen and Yuliang Chen, Chinese Journal of Health Policy, No. 3, 2017.
 3. “Payment Reform in Social Health Insurance: Commentary of International and Domestic Research Progress on China’s Practice”, by Yi Yao, Yi Chen and Ju Shi, Chinese Health Economics, No. 4, 2017.
 4. “Microinsurance: Progress in Theory and Lessons from Practice”, by Yi Yao, Peking University Press, 2017.
 5. “World Insurance in 2015: Trend and Analysis”, China Insurance Market Report (chapter 7), Peking University Press, 2015.
 6. “World Insurance in 2014: Trend and Analysis”, China Insurance Market Report (chapter 7), Peking University Press, 2014.
 7. “World Insurance in 2013: Trend and Analysis”, China Insurance Market Report (chapter 7), Peking University Press, 2013.
 
 Translation Work
 Corporate Survival: the Critical Importance of Sustainability Risk Management (with Zheng et.al.), written by Dan R. Anderson, Economic Science Press, 2007.
 
 Papers under Review
 1. Detection of Health Insurance Fraud: Evidence from Medical Expense Insurance in China, with Qixiang Sun, Shanjun Lin and Qingzhu Fan.
 2. Promoting Sustainability for Micro Health Insurance: A Risk-adjusted Subsidy Approach for Maternal Healthcare Service, with Joan Schmit and Julie Shi.
 
 Research Grant
 1. “Establishing a Fair Social Security System to Protect Social Justice”, National Social Science Key Project (13&ZD042), major participant for “Justice in Social Health Insurance”, 2013-2017.
 2. “Healthcare Expenditure Prediction for Chinese Residents and Payment System Reform”, National Natural Science Project, major participant (71503014), 2015-2018.  
   
 Honors and Awards: 
   
2017 Outstanding Research Award, School of Economics, Peking University
 2015 Outstanding Teacher in Finance Award, 4th Cao Fengqi Fund, Peking University 
 2013 Third Prize, The 8th Teaching Competition in Beijing
 2012 First Prize, The 12th Teaching Competition, Peking University
 2012 The Shin Research Award, International Insurance Society and Geneva Association
 2011 Outstanding Graduate Student Teaching Award, School of Business, UW-Madison
 2009 Scholarship, Property and Liability Underwriting Society (PLUS)
 2009 Research grant, School of Business, UW-Madison
 2007 Scholarship, School of Business, UW-Madison