research

My research utilizes both econometrical and analytical methodologies to examine the impact of technological innovations across various market contexts. Specifically, his work investigates the effects of new technology in retail, the dynamics of strategic partnerships between online and offline retailers, and the influence of consumer perceptions on the online crowdfunding market.

Working papers

• Tensor Completion with Spatiotemporal Data: Impacts of Smart Vending Machines in Different Urban Settings (with Wanning Chen, Yong Tan, Xusen Cheng)
  • This study uses low-rank tensor completion with truncated nuclear norm methods on extensive data to understand the impact of smart vending machines on urban consumers.
• Investor Learning in Crowdfunded Supply Chain Finance Markets (with Zhijin Zhou, Shengsheng Xiao, Yi-Chun (Chad) Ho, Yong Tan) [Under major revision at Production and Operations Management]
  • Investors in crowdfunded SCF adjust their views on guarantor reliability from loan repayments and act accordingly. This perception impacts investor reactions to factors like interest rate, affecting market efficiency and fundraising success.
• Frenemies in the Retail Market: A Partnership Between a Physical Retailer and an E-tailer for Consumer Returns (with Lin Hao, Shi Chen, Yong Tan) [Preparing for journal submission]
  • Retailer-e-tailer partnerships can reduce competition when return handling and offline shopping costs hit specific thresholds. This reduced competition might lower consumer surplus, disadvantaging consumers.
  • Online Appendix
• When to Disclose Product Quality under Online Reviews? (with He Huang, Yufeng Yang, Hongyan Xu, Tingting Nian) [Preparing for journal submission]
  • With clearer online reviews, firms lean towards disclosing product quality due to changing consumer behavior. The firm’s selling scheme choice hinges on factors like commission rates, with a bias towards quality disclosure.
• Information Leakage Prior to SEC Form Filings — Evidence from TAQ Millisecond Data (with Steven Wei Ho, Weiting Hong)
  • There’s evident information leakage around SEC filings, with stocks that surge before filing releases also rising post-release, and vice versa for declines. These price shifts aren’t due to momentum or past SEC technical issues, highlighting a new, previously unexplored 30-minute trend.

Ongoing Projects

• The Gamer-Developer Feedback Loop: Navigating Review Dynamics in Digital Marketplaces (with Yingda Lu)
  • Positive reviews shape perceptions more than gameplay duration; game updates and developer responses influence review dynamics.