Research

Publications:

1. "Bayesian Estimation of a Dynamic Model of Two-Sided Markets: Application to the U.S. Video Game Industry", Management Science, 63(11): 3874-3894, 2017. Journal version, SSRN version.

2. "The Market for Electric Vehicles: Indirect Network Effects and Policy Impacts", with Shanjun Li, Lang Tong and Jianwei Xing, Journal of the Association of Environmental and Resource Economists, 4(1): 89-133, 2017. Journal version, SSRN version.

3. "Technology Adoption and Critical Mass: The Case of the U.S. Electric Vehicle Market", with Shanjun Li, Journal of Industrial Economics, 66(2): 423-480, 2018. Journal version, SSRN version.

4. "Pricing Schemes and Seller Fraud: Evidence from New York City Taxi Rides", with Ting Liu and Estefania Vergara-Cobos, Journal of Industrial Economics, 67(1): 56-90, 2019. Journal version, SSRN version.

5. "Consumer Search and Automobile Dealer Co-location," with Charles Murry, Management Science, 66(5): 1909-1934, 2020. Journal version, SSRN version.

6. "Intermediaries and Product Quality in Used Car Markets",  with Gary Biglaiser, Fei Li, and Charles Murry,  The RAND Journal of Economics, 51(3): 905-933, 2020. Journal version, SSRN version.

7. "Inventory Management in Decentralized Markets",  with Fei Li, Charles Murry, and Can Tian, International Economic Review, 65(1): 431-470, 2024. Journal version, SSRN version.

8. "Observational Learning and Information Disclosure in Search Markets", with Ziying Fan, Xi Weng, Li-An Zhou. Management Science, Forthcoming, SSRN version.

Working Papers:

9. “Dynamic Search in a Non-Stationary Environment: An Application to the Beijing Housing Market”,  joint with Ying Fan (Michigan) and Ziying Fan (SUFE), NBER Working Paper 33528.

10. “Intermediaries in Decentralized Markets: Evidence from the Used-Car Transactions ”,  joint with Fei Li (UNC at Chapel Hill),  Charles Murry (Michigan), and Can Tian (UNC at Chapel Hill), NBER Working Paper 34136.

11. “Susidy Design and Quality Provision: Implications for Medicare Advantage”,  joint with Colleen Carey (Cornell) and Ying Fan (Michigan). Draft coming soon.

12. “Regulation of Contract Generosity in Selection Markets: The Case of Medicare Advantage”,  joint with James Gluzman (Stony Brook). Draft coming soon.

Other Work

13. "Offshore Horizons: HVDC Wind Farms - Exploring Techno-Economic Dimensions",   with D. Singh, D. Golden, G. Bhansali, A. Anwar, S. Singh, L. Fang. IEEE Access, 2025

14. "Antithetic Acceleration and Estimation of Unobserved Heterogeneity Parameters",  with Steven Stern.

15.   “Impacts of Product Market Competition on Innovation: Evidence from Chinese Manufacturing Industry” (in Chinese), with Xinqiao Ping, Industrial Economics Research, No.5, 2007.

16.   “Product Market Competition and Innovation” (in Chinese), with Xinqiao Ping, Review of Industrial Economics, 6(1), 2007