Jing Chen




Ph.D. (1994), University of Michigan, Ann Arbor

M.S. (1990), Institute of System Sciences, Chinese Academy of Sciences, Beijing

B.S. (1987), Fudan University, Shanghai


Working experiences


1.  Assistant Professor, School of Business, University of Northern British Columbia, 2002 to present

2.  Assistant Professor, Department of Finance and Accounting, National University of Singapore, 1998- 2001

3.  Quantitative Analyst, ING-Barings, 1997-1998

4.  Assistant Professor, Department of Mathematics and Department of Economics and Finance, City University of Hong Kong, 1994-1997






1.      The frequency of electron rotation and the frequency of light emitted, European Journal of Physics Education, (2019) Volume 10, Issue 3, 20-23

2.      An Entropy Theory of Value, Structural Change and Economic Dynamics, (2018), December, Vol 47, 73-81

3.      A Biophysical Approach to Production Theory, with James Galbraith, Working paper

4.      The Scope of Validity of Modigliani and Miller Propositions, Working paper

5.      On the forms of utility functions, Working paper

6.      The Unity of Science and Economics: A New Foundation of Economic Theory, (2016), Springer

7.      How Project Duration, Upfront Costs And Uncertainty Interact And Impact On Software Development Productivity? A Simulation Approach, With Li Liu and Xiaoying Kong, International Journal of Agile Systems and Management, (2015) Vol. 8, No. 1, p. 39-52.

8.      Population, Migration, Living Standard and Social Pressure: A Modeling Approach from Thermodynamics, Interdisciplinary Description of Complex Systems, (2013), Vol. 11, No. 3, p. 345-349

9.      The Nature of Discounting, Structural Change and Economic Dynamics, (2012), Vol. 23, p. 313-324. Excel file

10.  A Common Framework for Evolutionary and Institutional Economics, (2012), with James Galbraith, Journal of Economic Issues, June, 2012, Vol. 46 Issue 2, p419-428, Excel file

11.  Austerity and Fraud under Different Structures of Technology and Resource Abundance, (2012). with James Galbraith, Cambridge Journal of Economics, Vol. 36, Issue 1, 335-343.

12.  Institutional Structures and Policies in an Environment of Increasingly Scarce and Expensive Resources: A Fixed Cost Perspective, (2011), with James Galbraith, Journal of Economic Issues, Vol. 45, No 2: 301-308. Excel file

13.  The Entropy Theory of Mind and Behavioral Finance, (2011), ICFAI Journal of Behavioral Finance, Vol. 8, No. 4, 6-40.

14.  Where is the Efficient Frontier, (2010), EuroEconomica, Vol 24, No 1, 22-26.

15.  Book review of G. Leclerc, C. A. S. Hall (eds), Making world development work: scientific alternatives to neoclassical economic theory, (2009) Environment, Development and Sustainability, 11 (4), 929-931.

16.  Internal firm structure, external market condition and competitive dynamics, (2009), with Sungchul Choi, Global Business and Economics Review, Vol. 11, No.1. 88 - 98,

17.  Understanding Social Systems: A Free Energy Perspective, (2009), Journal of Human Thermodynamics, 5: 1-6.

18.  Languages and Cultures: An Economic and Evolutionary Analysis (2008), EuroEconomica, issue 2(21), 54-63

19.  The Physical Foundation of the Mind, NeuroQuantology, 6 (2008), No. 3, 222-233

20.  Ecological Economics: An Analytical Thermodynamic Theory, (2008) in Creating Sustainability Within Our Midst, edited by Robert Chapman, Pace University Press, 99-116.

21.  The Informational Theory of Investment: A Comparison with Behavioral Theories, ICFAI Journal of Behavioral Finance, 4 (2007), No. 1, 6 - 31

22.  Imperfect Market or Imperfect Theory: A Unified Analytical Theory of Production and Capital Structure of Firms, Corporate Finance Review, 11 (2006), No. 3, 19- 30

23.  An Analytical Theory of Project Investment: A Comparison with Real Option Theory, International Journal of Managerial Finance, 2 (2006) No. 4, p. 354-363

24.  A New Foundation of Economic Theory and its Application to Trade Analysis, In Trends in International Trade Issues, Eds.: Robert V. Weeks, p. 45-64, Nova Science Publishers, Hauppauge, NY, (2006)

25.  The Physical Foundation of Economics: An Analytical Thermodynamic Theory, World Scientific, Hackensack, NJ (2005)

26.  Information Theory and Market Behavior, ICFAI Journal of Behavioral Finance, 2 (2005), No. 4, 25 - 45

27.  A Generalized Entropy Theory of Information and Market Patterns, Corporate Finance Review, 9 (2004), No. 3, 23- 32

28.  Credit Distortion and Financial Crisis, International Review of Financial Analysis, 13 (2004) No. 4, 559-570

29.  An Entropy Theory of Psychology and its Implication to Behavioral Finance, Financiele Studievereniging Rotterdam Forum, 6 (2003), No. 1, 26- 31

30.  Derivative Securities: What They Tell Us? Quantitative Finance, 3 (2003), No. 5, C92 - C96

31.  When the Bubble is Going to Burst, International Journal of Theoretical & Applied Finance, 2 (1999), No. 3, 285-292

32.  Conservation Laws for Relativistic Fluid Dynamics. Archive for Rational Mechanics and Analysis, 139 (1997), No. 4, 377-398

33.  Conservation Laws for the Relativistic p-system. Communications in Partial Differential Equations 20 (1995), No. 9-10,1605-1646




1.      Invited speaker at The New Economics as Mainstream Economics, 2010, Cambridge, UK, Title: A Biophysical Approach to Production Theory.

2.      Presentation at ASSA meeting, Denver, 2011, Title: Institutional Structures and Policies in an Environment of Increasingly Scarce and Expensive Resources: A Fixed Cost Perspective.

3.      Invited speaker at the conference of New Deals in Europe and America at University of Texas, Austin,  2019, Title, A Biophysical Theory of Production



Contact information


Jing Chen

School of Business

University of Northern British Columbia

3333 University Way

Prince George, B.C.

Canada, V2N 4Z9

Phone: 1-250-960-6480

Email: chenj@unbc.ca

Web: http://web.unbc.ca/~chenj/