Ran Tao Associate Professor

Ran Tao


Ph.D., Economics, Claremont Graduate University, Claremont, CA, U.S.A., Sep 2008

M.Sc., Operational Research, Lancaster University, Lancaster, United Kingdom, Sep 2002

B.A. (honors), Business Management, Shandong University, Shandong, China, Jul 2001


Nancy Ran Tao, Ph.D., is an Associate Professor of Economics at the Department of Economics, University of Wisconsin, Whitewater.  She is also a research associate at the Claremont Institute for Economic Policy Studies.  Her areas of specialization include financial economics, banking, industrial organization, game theory, econometrics, and computational economics.

Dr. Tao’s current research focuses on the commercial banking strategies and the banking industries in the U.S. and China, and China’s economic and financial reforms.  Her recent published articles and working papers examine the impacts of off-balance sheet activities on community bank performance and the relationships between bank deposit interest rate strategies, bank size and market concentration in the U.S., and relationships between monetary policies, bank lending and asset market in China.

Her past teaching and research positions include Clinical Assistant Professor at the Department of Economics, Claremont Graduate University, and research associate at the National Development and Reform Commission in Beijing, China.  Dr. Tao received Ph.D. in Economics from Claremont Graduate University and M.Sc. in Operational Research from Lancaster University, United Kingdom.

Dr. Tao’s teaching experience includes Business Statistics (Econ 245) (both traditional and online courses) and Industrial Organization and Competitive Strategies (Econ 441). She is also an active faculty member in the MS Applied Economics Program.

Recent Publications:

  1. “A Computational Dynamic Model of Strategic Behavior in the U.S. Retail Banking Markets,” Managerial and Decision Economics, forthcoming
  2. “Health Benefit Downward Rigidity: Employers’ Responses to Rising Insurance Costs” (with Xuguang Guo), Risk Management and Insurance Review, 2015, vol. 18, no. 2, pp. 217-241.
  3. “Off-balance Sheet Activities and Community Bank Performance” (with Russ Kashian), Journal of Economic Studies, 2014, vol. 41, no. 6, pp.789-807.