Publications
Articles View More
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Large-scale semidefinite programming with graphics processing units
Semidefinite programming (SDP) provides a powerful framework in applied mathematics with applications spanning optimization, machine learning, quantum computing, and beyond. However, the computational cost of solving large-scale SDP problems remains a significant practical limitation. We break this long-standing computational bottleneck through a synergistic codesign of low-rank algorithms and graphics processing unit (GPU) architectures, developing accelerated first-order methods that leverage
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Leveraging Network Effects for Connected Products: Strategies and Implications for the Value Chain
This paper examines how a value chain can strategically harness network effects in connected products. We consider a representative two-tier value chain, in which a manufacturer sells a connected product through a retailer. Consumers derive both a stand-alone value and a network benefit, which increases with the size of the user base and the strength of the network effect. We investigate two strategies to effectively leverage these network effects. First, we analyze network expansion through see
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The 2003 U.S. Dividend Tax Cut, Small Business Loan Supply, and the Real Economy
This paper examines the credit supply-side effect of the U.S. 2003 dividend tax cut on the real economy through the banking sector. We show that C-corporation banks (treatment group), particularly those capital-constrained, increase the supply of small business loans more than S-subchapter banks (control group) following the tax cut, aligning with the old view of dividend taxation and the supply-side effect rooted in credit rationing. Such an enhanced small business loan supply stemming fro
Books View More
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Variable 8: The Era of Aesthetics
The book posits that China has entered the “Era of Aesthetics,” in which consumer demand has shifted from functional satisfaction to aesthetic experience, making “beauty” a core competitive advantage for businesses, cities, and individuals. Drawing on case studies such as selfie culture, the cosmetic surgery industry, product design (e.g., thermos flasks and chain hotels), and community development projects (e.g., Xicun Courtyard in Chengdu, Fuliang in Jingdezhen), the book analyzes how aestheti
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Crossing the Divide: Telling China’s Story in the Evolution of Global Supply Chains
Crossing the Divide: Telling China’s Story in the Evolution of Global Supply Chains focuses on how China has integrated into global supply chains. Drawing on more than thirty case studies of multinational corporations, state-owned enterprises, and private firms, the book examines China’s role in globalized supply chains in the era of Globalization 4.0. It seeks to demonstrate that China’s emergence as a manufacturing powerhouse was not achieved overnight, but rather through incremental accumulat
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Research on Omnichannel Marketing in the Era of Mobile Internet
With the rapid advancement of mobile internet technologies, the channels through which firms interact with consumers have proliferated, fundamentally transforming consumption patterns. Focusing on the emerging trend of omnichannel development in the mobile internet era, this book draws on multiple sources of data—including laboratory experiments, field experiments, and survey data—to present research findings from the perspectives of firms, channel intermediaries, and consumers. Specifically, it
