Bing Xu

Dr, Associate Professor in Finance

Accepting PhD Students


Research output per year

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Personal profile


Bing Xu is an Associate Professor in Finance at the Heriot-Watt University. She holds a MA (Hons) in Business Studies and Accounting and a PhD in Management both from the University of Edinburgh. Previously, she worked at the Robert Gordon University as a Lecturer in Finance.

Research interests

Bing’s research concerns banking and finance, energy economics, applied energy, Data Envelopment Analysis and Multi-criteria Decision Making Analysis. She has also worked on a number of external funded research projects on the design of multidimensional frameworks for performance evaluation of competing energy strategies, and collaborated with a wide range of industrial and government partners (e.g., E-harbours; Efficient Sustainable Energy Management with the Abattoir and Dairy industries in Scotland). Currently, Bing is working on an EPSRC funded project on low carbon aviation biofuel through integration of novel technologies for co-valorisation of CO2 and biomass (EP/N009924/1), and she is the work package 5 leader on Energy Policy and Public Engagement.

Bing has published in journals such as Applied Energy, Energy Economics, Energy Journal, Transportation Research Part A: Policy and Practice and Expert Systems with Applications, Applied Economics, Economics Letter, Journal of Financial Stability, International Review of Financial Analysis, among others. Bing is interested in supervising PhD students in banking, energy economics and decision making analysis.

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Research Output

  • 17 Article
  • 3 Chapter (peer-reviewed)
  • 2 Conference article
  • 1 Discussion paper

A new VIKOR-based in-sample-out-of-sample classifier with application in bankruptcy prediction

Ouenniche, J., Bouslah, K., Pérez-Gladish, B. & Xu, B., 9 Apr 2019, In : Annals of Operations Research. p. 1-18 18 p.

Research output: Contribution to journalArticle

Open Access
  • 26 Downloads (Pure)

    Performance Evaluation of Alternative Jet Fuels using a hybrid MCDA method

    Xu, B., Kolosz, B. W., Andresen, J. M., Ouenniche, J., Greening, P., Chang, T-S. & Maroto-Valer, M. M., Feb 2019, In : Energy Procedia. 158, p. 1110-1115 6 p.

    Research output: Contribution to journalConference article

    Open Access
  • 45 Downloads (Pure)

    Techno-economic Assessment of a Hybrid Off-grid DC System for Combined Heat and Power Generation in Remote Islands

    Kalamaras, E., Belekoukia, M., Lin, Z., Xu, B., Wang, H. & Xuan, J., Feb 2019, In : Energy Procedia. 158, p. 6315-6320 6 p.

    Research output: Contribution to journalConference article

    Open Access
  • 102 Downloads (Pure)

    A DSS for Designing an MCDA Study with Application in Performance Evaluation of Forecasting Models

    Ouenniche, J., Xu, B. & Pérez-Gladish, B., 2018, Financial Decision Aid Using Multiple Criteria: Recent Models and Applications. Masri, H., Pérez-Gladish, B. & Zopounidis, C. (eds.). Springer, p. 19-48 (Multiple Criteria Decision Making).

    Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

  • Activities

    • 1 Participation in conference
    • 1 Participation in workshop, seminar, course
    • 1 Invited talk

    The 20th Annual Conference of the Chartered Institute of Logistics & Transport, Kenilworth

    Richard Holden (Invited speaker), Bing Xu (Invited speaker), Philip Greening (Invited speaker), Pratyush Dadhich (Invited speaker)
    18 Jun 2015

    Activity: Participating in or organising an eventParticipation in conference


    Bing Xu (Speaker)
    6 Sep 2012

    Activity: Participating in or organising an eventParticipation in workshop, seminar, course