Research Interests

    Empirical Modeling, Healthcare Operations Management, Revenue Management, Financial Economics

Working Papers in Operations Management

  • A Preference-Provision Decoupling Mechanism for General Risk-Averse Agents [Link]
    With Qingfa Zhang. Working Paper.


  • Optimal Admission Control with Workload and Overwork Effect [Link]
    With Qingfa Zhang, Yi Chen, and Ying-Ju Chen. Working paper


  • Structural Estimation of Intertemporal Externalities with Application in ICU Admissions [Link]
    With Carri Chan, Fanyin Zheng, and Gabriel Escobar.

    Major Revision at Manufacturing & Service Operations Management

    Second Place, INFORMS Health Application Society Student Paper Competition, 2021


  • More is Different: Intrinsic and Financial Hedging in Multilocation Newsvendor Systems [Link]
    With Xiangyin Chen and Liao Wang.

    Major Revision at Operations Research


  • Operating Three-Sided Marketplace: Pricing and Spatial Staffing in Food Delivery Systems [Link]
    With Zhe Liu and Yanwei Sun.

    Minor Revision at Management Science

    First Place, INFORMS Service Science Best Cluster Paper Award, 2024

    Second Place, CSAMSE Best Paper Award, 2024


  • Budget Allocation for Utility Loss Minimization in Social Welfare Programs [Link]
    With Qingfa Zhang and Ying-Ju Chen. Submitted.

    Presented at 2025 MSOM Conference


  • Managing Recruitment Processes with Multiple Position Types [Link]
    With Lilun Du, Qing Li, and Zihao Wu. Working Paper.

Working Papers in Finance

  • Credit Information in Earnings Calls [Link]
    With Harry Mamaysky and Hongyu Wu.

    Revise and Resubmit at Journal of Banking & Finance

    Presented at Utah Winter Finance Conference 2024


  • The Effect of Prime Brokers’ Balance Sheet Constraints on Hedge Fund Performance: Evidence from the GSIB Surcharge[Link][Online Appendix]
    With Yueting Jiang.

    Accept Subject to Minor Revision at Journal of Financial Economics


  • Negative Cross-Impact from Index Investing [Link]
    With Yueting Jiang and Qingfa Zhang. Working paper.

Publications (Business Areas)

  • Bid Shading in First‐price Auction: Non-stationary Bayesian Multi-armed Bandit Methods for Real‐time Bidding [Link]
    With Mengzhuo Guo, Wuqi Zhang, and Qingpeng Zhang. Information System Research, 2026+


  • The Impact of Surgeon Daily Workload and its Implications for Operating Room Scheduling [Link]
    With Carri Chan, Fanyin Zheng, Michael Argenziano, and Paul Kurlansky. Production and Operations Management, 2026

    Finalist, INFORMS Service Science Best Cluster Paper Award, 2021


  • Dynamic Portfolio Allocation under Market Incompleteness and Wealth Effects [Link]
    With Chenxu Li, Olivier Scaillet, and Yueting Jiang. Operations Research, 2025


  • Intraday Variation in Cross-sectional Stock Comovement and Impact of Index-based Strategies [Link]
    With Meiqi Shi. Journal of Financial Markets, 2024


  • Dynamic Information Regimes in Financial Markets [Link]
    With Paul Glasserman and Harry Mamaysky. Management Science, 2023


  • Pricing the CBOE VIX Futures with Heston-Nandi GARCH Model [Link]
    With Tianyi Wang, et al. Journal of Futures Markets, 2017

Publications (Medical and Others)

  • Evidence Contributions in Component Network Meta-Analysis from the Shortest-Path Approach [Link]
    With Qinbo Yang, Yunhe Mao, and Sheyu Li. BMC Medical Research Methodology, 2026


  • A Leave-one-out Algorithm for Contribution Analysis in Component Network Meta-analysis [Link]
    With Yunhe Mao, Qinbo Yang, Qingyang Shi, and Sheyu Li. BMC Medical Research Methodology, 2025


  • Time-varying Cost-effectiveness Analysis of Sodium-glucose Cotransporter-2 Inhibitors in Chinese Patients with Heart Failure and Reduced Ejection Fraction: A Microsimulation of the Real-world Population [Link]
    With Sheyu Li, et al. Frontiers in Pharmacology, 2025

Ongoing Projects

  • Simulation Methods for Optimal Portfolio Choice in Incomplete Markets
    With Chenxu Li and Junyu Guo


  • Screening Multiple Patients with Limited Resources and Partial Observability
    With Yang Su and Yi Chen


Funded Projects

  • Early Career Scheme (ECS) Reserach Grant (PI), Managing Patient Flow with Adaptive Behaviours from Multiple Units, 2024 - 2027