My Google Scholar Page

Publications


Working Papers

  • Forbidden Transactions and Black Markets: (with Chenlin Gu and Alvin E. Roth) Revise and Resubmit, Journal of Economic Theory.

    Repugnant transactions are sometimes banned, but legal bans sometimes give rise to active black markets that are difficult if not impossible to extinguish. We explore a model in which the probability of extinguishing a black market depends on the extent to which its transactions are regarded as repugnant, as measured by the proportion of the population that disapproves of them, and the intensity of that repugnance, as measured by willingness to punish. Sufficiently repugnant markets can be extinguished with even mild punishments, while others are insufficiently repugnant for this, and become exponentially more difficult to extinguish the larger they become.

  • Dynamic Matching with Teams

    This paper studies a dynamic matching model in which a social planner creates team based game sessions for sequentially arriving players and seeks a balance between fairness and waiting times. We derive a closed-form optimal matching policy and show that as the team size grows and the market becomes more balanced, greedy policies become less appealing.


Work in Progress

  • Competition between Streaming Platforms

    This paper studies the matching between streamers and streaming platforms. The market is decentralized and has two features: first, platforms use a simple linear payment structure; second, there are externalities between streamers. We show that under a substitutability condition together with certain restriction on platform side externalities, a stable matching always exists. Furthermore, any job-hopping process such that streamers switch platforms seeking better terms eventually stabilizes, leaving stable matchings as the likely steady states of the market. We then study the game in which platforms select their payment rules and show that in a small market, although a Nash equilibrium always exists, there may not be a pure one. Finally we justify the payment scheme of platforms through a large market model in which platforms signing linear non-discriminatory contracts with streamers is an equilibrium outcome.


Other Writings

Combinatorial Game Theory

  • Mathematics Behind Go Endgames (2014):

    This was my undergraduate mathematics honor thesis, advised by Dr Florian Block. It studies Go endgames with tools in combinatorial game theory.

  • A Study of 2Xn and 3Xn Domineering (2010):

    My math 191 project with Michael Landry, advised by Dr Daniel Cristofaro-Gardiner. We solve 2xn (except 2x31) and 3xn Domineering games by pure combinatorial arguments. The problem was first solved in the 1980s by Berlekamp. But he used advanced results from temperature theory, while we only use simple primitive arguments (a little bit tedious of course).

  • A Combinatorial Game Theoretic Analysis of Chess Endgames (2010):

    Another math 191 project with Michael Landry and Frank Yu, again advised by Dr Daniel Cristofaro-Gardiner. It is a note on how to do basic analysis on chess endgames with combinatorial game theory.

Publications in Chinese