Yufei Ren, Ph.D.

Yufi Ren
Professional Title
Associate Professor of Economics

Dr. Ren’s research employs game theory and experimental methods to study how biases can affect business decision-making and economic performance. His research work has been published in leading journals such as Management Science, Journal of Public Economics, Journal of Economic Psychology, European Journal of Operational Research, OMEGA, and Transportation Research Part E. He served as the academic advisor for the international dual degree program between UMD and Changshu Institute of Technology in China. He serves as a former co-chair and current secretary of UMD’s Employees of Color and American Indian mentoring program.


  • Ph.D, Economics, University of Texas at Dallas, TX

Research Interests

  • Behavioral and Experimental Economics
  • Behavioral Operations Management
  • Industrial Organization

This faculty member is interested in working with students on research.

Selected Publications

  • Dong, B., Ren, Y., and McIntosh, C. (2023). A Co-opetitive Newsvendor Model with Product Substitution and a Wholesale Price Contract. European Journal of Operational Research,311.
  • Ren, Y., L. Xiu, and A. Hietapelto (2022). Dare to Ask in Front of Others? Women Initiating Salary Negotiations. Journal of Economic Psychology, 92.
  • Dong, B., W. Tang, C. Zhou, and Y. Ren. (2021). Is Dual Sourcing a Better Choice? The Impact of Reliability Improvement and Contract Manufacturer Encroachment. Transportation Research Part E: Logistics and Transportation Review, 149.
  • Ren, Y., D. Croson, and R. Croson. (2017). The Overconfident Newsvendor. Journal of Operational Research Society. 68.
  • Afridi, F., S. Li, and Y. Ren (2015). Social Identity and Inequality: The Impact of China’s Hukou System. Journal of Public Economics. 123.
  • Ozer, O., Y. Zheng, and Y. Ren. (2014). Trust, Trustworthiness, and Information Sharing in Supply Chains Bridging China and the U.S. Management Science. 60.
  • Ren, Y., and R. Croson. (2013). Overconfidence in Newsvendor Orders: An Experimental Study. Management Science. 59.

Courses Taught

  • Intermediate Microeconomics
  • Principle of Microeconomics
  • Statistics for Business and Economics
  • Decision Making in Operations  (MBA)
  • Data Analysis and Statistics for Managers (MBA)
  • Managerial Economics (MBA)