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Faculty & Research

Insights
  • The Deadly Cost of Gender Discrimination

    With sex-selective abortion prevalent in societies such as China and India, the rising gender imbalance could ultimately create an unintended consequence on men who are unable to find their “missing” partners – death. But how does terminating the life of an unborn female child lead to death, happening only a few dozen years later? Prof. Xiaobo Zhang at Guanghua School of Management, Peking University, explains this phenomenon in his most recent research paper issued on Journal of Development Economics, “Deadly discrimination: Implications of ‘missing girls’ for workplace safety”. Read on to learn more.

    Mar 21, 2022

  • Guidance Of Economic Anxiety: Start With Coronavirus

    This summary is based on Dr. Lukas Hensel's paper,Coronavirus Perceptions and Economic Anxiety, published in The Review of Economics and Statistics.

    Feb 7, 2022

  • Evaluating the impact of adding energy cost information to efficiency classes through a randomized trial of refrigerator purchase

    The use of energy labels is mandated by law in China, Europe, the US, and many other countries. Energy labels provide coarse but easy-to-process information designed to help complex decisions. Professer Yu Gao and her coauthors evaluated the impact of adding simple, but accurate energy cost information at different aggregation levels to energy labels. Their interdisciplinary paper contributing to policy designs related to carbon neutralization is accepted by Nature Energy (5-year Impact Factor: 68.8), a subsidiary of Nature.

    Jan 25, 2022

  • To confuse, or not to confuse – which strategy is optimal for competing firms?

    Do you often end up purchasing a product, thinking it was the right decision, but only to find out several months later that there was a better option out there? Well, you are not alone. So far, research has shown that for companies that sell similar goods, confusing consumers can raise their profits. However, in a new study conducted by Prof. Shuo Liu at the Guanghua School of Management, Peking University (joint with his coauthors Prof. Andreas Hefti and Prof. Armin Schmutzler), for firms that sell differentiated products, doing so might just hurt themselves. Why is this the case? Click on the link below to find out more.

    Jan 19, 2022

  • China's economic outlook promising

    Though China has secured a strong rebound in the first half of 2021, signs of downward pressure indicates a need to readjust its economic strategies to maintain strong and healthy growth. In an article published by China Daily, Prof. Liu Qiao and Associate Prof. Yan Se from Guanghua School of Management, Peking University, offer their insights on China’s economic outlook.

    Jan 11, 2022

  • "League of Legends", be cautious about generational innovations!

    The victory of EDG in World Championship Series has attracted considerable amount of attention to the game, League of Legends. In the meantime, League of Legends achieved blockbuster success by releasing an animation TV show, “Arcane: League of Legends”, based on the game content of League of Legends. This TV show has been considered probably the most successful animated TV series and scored 9.1 on Douban and 9.4 on IMDb. While the vitality of League of Legends lies in continuous innovation, so do risks. . In this regard, Pengxiang Zhang, assistant professor in the Department of Organization and Strategy Management at Guanghua School of Management, Peking University, along with his co-authors, Liang Chen, Sali Li, Scott Turner, have worked on revealing the hidden risks of generational product innovation (GPI). Hopefully, the insights could be helpful for practitioners who are interested in digital innovation.

    Dec 15, 2021

  • Economy anchored by strong policies

    The information released after the Central Economic Work Conference lays the road map for addressing short-term economic issues and challenges, while keeping a firm eye on the country's key long-term goals. Professor Tang Yao published an article in China Daily, summarizing the highlights of the conference and the subsequent communique. Far-reaching reforms were rolled out at the conference, and it called on all levels of governments to coordinate their efforts, so as to stabilize growth in 2022. The communique contains a point-by-point discussion of how long-term principles and short-term adjustments should be balanced in seven key policy areas.

    Dec 15, 2021

  • Training Personalized Recommender Systems with Biased Data

    Wang Cong, an assistant professor from the Department of Management Science and Information Systems, Guanghua School of Management, Peking University and her co-authors have proposed a recommendation system design to remove bias.

    Nov 30, 2021

  • The Joint Dynamics of Market Participants' Expectation and Asset Prices

    The expectation of future outcomes is a key input for our decision-making. In recent years, thanks to the work by leading scholars such as Andrei Shleifer, Stefan Nagel, David Thesmar and Ulrike Malmendier, we've learned a great deal about how our diagnostic heuristic, extrapolation, fading memory, and life experiences shape our subjective expectations.In asset pricing, the traditional paradig...

    Nov 10, 2021

  • Capital Spillover, House Prices, and Consumer Spending: Quasi-Experimental Evidence from House Purchase Restrictions

    Recently, the paper “Capital Spillover, House Prices, and Consumer Spending: Quasi-Experimental Evidence from House Purchase Restrictions”, written by Professor Yu Zhang of Guanghua School of Management and co-authors, was accepted by the Review of Financial Studies, a leading journal in finance. The paper provides the first quasi-natural experimental evidence of the impact of rising house prices on consumer spending from the perspective of capital flight.

    Nov 8, 2021

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