LI, Qing
Source: https://bm.hkust.edu.hk/faculty/li-qing Parent: https://bm.hkust.edu.hk/bizinsight/bizstudies
LI, Qing
Deputy Head, Lee Heng Fellow, Professor
Department of Information Systems, Business Statistics & Operations Management
Recent Activities
YU, Peiwen
Self Control in the Face of Multiple Projects
We study how people with present bias make choices when they face multiple projects. Each project consists of a starting and a finishing stage, both requiring costly effort to complete but yield rewards only after project completion. Methodology/results: We analytically derive people's perception-perfect strategies for project scheduling. Naive people (naifs ... Read More
[ Leadership and Behavioral Decision-making ]
DU, Lilun
YU, Peiwen
Optimizing High-Volume Recruitment
High-volume recruitment—hiring a large number of people in a short time—is a challenging process, yet one that is common across industries, from hospitality to global manufacturing. A poorly managed process may overwhelm the recruiting team and lead to inadequate hiring decisions. Thanks to HKUST’s Qing Li and co-authors, recruiters now have guidance for ... Read More
[ BizStudies ]
YU, Peiwen
DU, Lilun
Beating the “Best Before” Date with Transshipment
When confronted with a choice between a lettuce with a “best before” date falling in two days’ time and one in four days’ time, a supermarket customer will typically plump for the latter. This choice puts the product remaining on the shelf one step closer to a clearance sale, or even to the bin. “Waste is substantial in retailing,” note HKUST’s Qing Li and ... Read More
[ BizStudies ]
YU, Peiwen
DU, Lilun
Beating the “Best Before” Date with Transshipment
When confronted with a choice between a lettuce with a “best before” date falling in two days’ time and one in four days’ time, a supermarket customer will typically plump for the latter. This choice puts the product remaining on the shelf one step closer to a clearance sale, or even to the bin. “Waste is substantial in retailing,” note HKUST’s Qing Li and ... Read More
[ BizBites ]
TANG, Christopher
XU, He
Abating Double-Blind Effect in Opaque Selling
Opaque selling is a marketing strategy adopted by industries such as retailing and travel under which firms sell end-of-the-season inventory of different products as a single opaque good and customers find out the specific products they actually get only after they have made the purchase. Opaque selling entails a “double-blind” process: customers do not know ... Read More
[ BizStudies ]
How to Recruit in High Volume?
We model a multi-phase and high-volume recruitment process as a large-scale dynamic program. The success of the process is measured by a reward, which is the total assessment score of accepted candidates minus the penalty cost of the number of accepted candidates in the end deviating from a preset hiring target. For a recruiter, two questions are important ... Read More
[ BizTalks ]
DU, Lilun
High Volume Recruitment: Success through Analytics
Many organizations recruit a large number of people in a short amount of time, a practice known as high volume recruitment. Organizations hire in volume for various reasons. For example, they are growing exponentially, they are opening new locations or offices, or to create economy of scale and synchronize with the school calendar, they have regular ... Read More
[ BizStudies ]
XU, He
TANG, Christopher
Opaque pricing: How sellers can gather data and boost revenue
Eurowings, the German low-cost airline, offers leisure travelers a sweet deal. Fly to many of its popular European destinations for as low as 33 euros (about $38). The only catch: Eurowings decides where you end up. It works like this: Choose a starting point among Eurowings’ German or Austrian cities and select from a handful of thematic categories — ... Read More
[ BizStudies ]
YU, Peiwen
WU, Xiaoli
Supply and Demand – When Should Retailers Clear Their Stock?
Retail products such as food items and pharmaceuticals are perishable. For them, matching supply with uncertain demand is a challenge. Retailers sometimes run out of stock, which leads to revenue loss, and they sometimes have to throw away items that have passed their expiration dates. It was found that four main supermarkets in Hong Kong discard ... Read More
[ BizStudies ]