Dr. Chaohai Shen is an Assistant Professor of Business Administration in the Faculty of Economics and Management, East China Normal University. He received his Ph.D in Economics from Pennsylvania State University-University Park (Department of Economics), after receiving his Master of Economics from the University of Tokyo (Graduate School of Economics) and his Bachelor of Economics from Zhejiang University (School of Economics). His current work focuses on detecting collusion in auctions empirically, examining the antitrust leniency programs in European Union and U.S. theoretically, and topics in MNE&FDI.