Social Network
Source: https://bm.hkust.edu.hk/bizinsight/tag/social-network Parent: https://bm.hkust.edu.hk/bizinsight/digital-platform-design-and-strategy
Path Dependency in Physician Decisions
Do experts make biased decisions? In this study, we examine the decision-making of emergency department physicians who must decide whether to admit or discharge patients. We find evidence suggesting that these physicians are subject to biases in their decision-making. Specifically, we discovered that a physician's decision for a given patient can be ... Read More
[ BizTalks ]
CHEN, Xi
TRUSOV, Michael
Influence in Networks: Insights from a Roleplaying Game
An HKUST researcher has developed a methodology to optimize promotions in online networks. The methodology does not only consider the likelihood of whether an individual is interested in the promotion (i.e., whom to target), but also how it impacts other individuals in the network (i.e., social influence of the target) and the time it is most effective ( ... Read More
[ BizStudies ]
ZHENG, Rui
SHOU, Biying
Peers and trend-setters have a powerful say in what products we decide to buy, particularly on online social media platforms. Naturally, this means that firms must consider the influence of network connections on purchase behaviors when designing pricing strategies. In doing so, they must consider when consumers decide to buy a new product—some consumers ... Read More
[ BizStudies ]
ZHENG, Rui
SHOU, Biying
Peers and trend-setters have a powerful say in what products we decide to buy, particularly on online social media platforms. Naturally, this means that firms must consider the influence of network connections on purchase behaviors when designing pricing strategies. In doing so, they must consider when consumers decide to buy a new product—some consumers ... Read More
[ BizBites ]
Using Seeding Strategies to Get Attention in Online Social Networks
Viral marketing can be a cost-effective marketing tool to create awareness and reach many new customers. Viral marketing relies on word of mouth and leverages social networks of individuals to spread information. But, what is the optimal seeding strategy? Put differently: who should you target to initiate a viral marketing campaign? Previous research ... Read More
[ BizTalks ]
XIA, Jun
More Risk, Less Reward: Venture Capital Investment in China
Chinese venture capital (VC) firms suffer from imperfect information and poor legal protections when deciding whether to continue to invest in a company or cut it loose, according to HKUST researcher Yanfeng Zheng and a colleague. Analysing more than a decade’s worth of deals, the authors established that Chinese VCs are more likely to terminate investments ... Read More
[ BizStudies ]
VENKATESH, Viswanath
SYKES, Tracy A.
Corporate Social Responsibility
Sadly, underprivileged groups in less developed countries (LDCs) lack access to proper medical care and accurate medical information, resulting in high rates of mortality. As part of the United Nations (UN) Sustainable Development Goals (SDGs), which look to reduce maternal, infant, and child mortality, among other aims, information and communication ... Read More
[ BizStudies ]
KARAHANNA, Elena
XU, Sean Xin
ZHANG, Nan Andy
Meeting Needs through Social Media
Twitter has almost 200 million users. Facebook’s customer base is even bigger, approaching 3 billion. Yet despite the staggering popularity of social media applications, it remains unclear exactly why and how people use this technology. Taking a holistic view of social media use, HKUST’s Professor Yan Xu and co-researchers developed a pioneering theory-based ... Read More
[ BizStudies ] [ Digital Platform: Design and Strategy ]
ZHOU, Junjie
Optimal Pricing and Sequential Consumption
Social interactions play a crucial role in the markets of social goods. This paper examines the optimal selling scheme when products show such social good feature. This paper examines a monopoly firm model adopting sequential launch strategy to sell social goods to a customer group in a network. Under this strategy, not only can the firm determine prices ... Read More
[ BizStudies ]
From Mindsets to Cultural Competence
With increase in global connectivity, the ability to navigate diverse workforce is seen as an important asset. Cultural competence refers to the ability to adapt and function efficiently in a diverse setting. In this presentation, Prof Melody Chao will explore how our mindsets (i.e., beliefs) and environmental factors influence our ease in managing diversity ... Read More
[ BizTalks ]