Updated on 2025/12/15

Information

 

写真a

 
LI YUANXU
 
Organization
Faculty of Economics Department of Economic Engineering Assistant Professor
Title
Assistant Professor
Contact information
メールアドレス
External link

Degree

  • 経済学博士単位取得退学 （ 2025.9 Kyushu University ）

  • Master of Economics （ 2020.9 Kyushu University ）

  • Master of Science in Business Administration （ 2017.8 University of Illinois at Urbana-Champaign ）

  • Bachelor of Business Administration in Finance （ 2016.6 University of Massachusetts Amherst ）

Papers

  • The Impact of Large-stake Lotteries on Parameters in Prospect Theory via Maximum Likelihood Estimation Reviewed

    Yuanxu Li

    九州経済学会年報   63   127 - 136   2025.12

  • Environmental Policy Selection Based on Linear-Times-Exponential One- Switch Utility Function and ELECTRE I Method Reviewed

    Yuanxu Li

    Theoretical and Practical Research in the Economic Fields   16 ( 1 )   5 - 17   2025.3

    　More details

    Publisher：Theoretical and Practical Research in the Economic Fields  

    This paper examines how utility functions perform in tackling the multicriteria decision-making problem, especially one-switch utility function. Linear-times-exponential one-switch, exponential, and linear utility functions are implemented, which transforms corresponding criteria into utilities with ELECTRE I method. The detailed formulation of the decision model is presented. A numerical example about environmental policy selection is introduced to illustrate the use of the new decision model. With different wealth levels and utility functions for a policymaker, the inconsistent outranking policies illustrate the special characteristic of linear-times-exponential one-switch utility function whose initial wealth level has a significant impact on the outranking environmental policy. This study is also the first study applying one-switch utility function in address/ing multicriteria decision-making problem.

    DOI： 10.14505/tpref.v16.1(33).01

    Scopus

  • Performance of the value function in prospect theory and its variation: Evidence from Japan Reviewed

    Yuanxu Li

    九州経済学会年報   62   23 - 30   2024.12

  • One-switch Utility Functions and Applications: a Review Article

    Yuanxu Li

    経済論究   173   23 - 72   2022.7

    　More details

    Language：English  

    DOI： https://doi.org/10.15017/4796012

Presentations

  • The Impact of Large-stake Lotteries in Questionnaire on the Distributions of Prospect Theory Parameters Evidence from Japan

    Yuanxu Li, Taro Takimoto

    2024年度日本応用経済学会春季大会  2024.6 

  • Multi-criteria Decision Making for Environmental Policy Selection based on One-switch Utility Function and ELECTRE I Method

    Yuanxu Li

    2023年度日本応用経済学会西日本支部大会  2024.3 

  • Performance of the Value Function in Prospect Theory and its Variations Evidence from Japan

    Yuanxu Li

    九州経済学会  2023.12 

  • The Impact of Large-stake Lotteries on Parameters in Prospect Theory via Maximum Likelihood Estimation

    Yuanxu Li

    九州経済学会  2024.12 

  • 高額くじがワンスイッチ価値関数の推定に及ぼす影響

    Yuanxu Li

    九州経済学会  2025.12 

Professional Memberships

  • 九州経済学会

    2023.10 - Present

  • 日本応用経済学会

    2023.8 - Present

Class subject

  • 特講(Behavioral Economics)

    2025.10 - Present   Winter quarter