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Former Student Research Intern
Xinzi Li
Former Student Research Intern
LI, Xinzi is an undergraduate student at HKUST majoring in Economics and Finance and minoring in Mathematics. She is supervised by Prof. Alminas Žaldokas to assist with a project investigating the firms’ adjustments to the introduction of economic sanctions. Her work primarily focuses on empirical data analysis.
Former Student Research Intern
Jiayi Zhang
Former Student Research Intern
ZHANG Jiayi is a Year 3 student majoring in Mathematics and Economics at HKUST. As a student intern at the Center of Economic Policy, she assists Prof. Huang Yangguang's study regarding Search Algorithm, Repetitive Information, and Sales on Online Platforms and Financial Fraud and Investor Awareness. Her jobs mainly include data collection and data analysis.
CEP Working Paper “Motivating Collusion” Wins CRESSE & CPI Best Paper Award for Young Researchers
We are excited that the CEP working paper “Motivating Collusion” authored by our research affiliate Alminas Žaldokas (with Sangeun Ha and Fangyuan Ma) won CRESSE & CPI Best Paper Award for Young Researchers.
Working Paper Series
Motivating Collusion
We examine how executive compensation can be designed to motivate product market collusion. We look at the 2013 decision to close several regional offices of the Department of Justice, which lowered antitrust enforcement for firms located near these closed offices. We argue that this made collusion more appealing to the shareholders, and find that these firms increased the sensitivity of executive pay to local rivals' performance, consistent with rewarding the managers for colluding with them.
By Alminas Žaldokas (on leave), Sangeun Ha, Fangyuan Ma
Product Market Collusion
Corporate Governance
Managerial Compensation
Research Affiliate
Siu Fai Leung
Associate Director, Center for Economic Policy
Professor, Department of Economics
Publications
Anchored Differentiation: The Role of Temporal Distance in the Comparison and Evaluation of New Product Designs
By Tian Heong Chan, HeeJung Jung
Product design
Design patents
Innovation
Optimal distinctiveness
Mixed methods
Former Student Research Intern
Xuanjing (Suzy) Su
Former Student Research Intern
SU, Xuanjing Suzy is a third-year undergraduate student at HKUST majoring in Economics and Finance and minoring in mathematics. She assisted Prof. Alminas Žaldokas with the research project "Collusion and Innovation". She will be joining PhD program in Economics at University of Wisconsin-Madison.
Publications
Two-Sided Price Discrimination by Media Platforms
By Song Lin
Price discrimination
Two-sided market
Platform design
Media pricing
Advertising
Ad avoidance
Targeting
Publications
Informational Complementarity
By Song Lin, T. Tony Ke
Search theory
Complementarity
Bandit problems
Price competition
Research Affiliate
Song Lin
Associate Professor, Department of Marketing
Song Lin is an Associate Professor of Marketing at the Hong Kong University of Science and Technology. His research interests include product and pricing policies, platform design, innovation, advertising, and information economics.
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