Policy Implication

In recent decades, corporate social responsibility, or CSR, has become an increasingly important aspect of firms’ operations. For companies in emerging and transitional markets, where market-based institutions are relatively weak, governments have played a key role in driving CSR. A case in point is China, where the government has pushed CSR as a way of ... 阅读更多

Social media platforms are investing millions in fighting “fake news,” but little is known about how effective their strategies are, say HKUST’s LEE Dong Won and colleagues. Offering much-needed guidance in today’s era of disinformation, the authors shed new light on the propagation of false and misleading news, identifying how it spreads and, critically ... 阅读更多

Studies show online reviews can improve market efficiency and consumer welfare. Assistant Professor HUANG Yangguang, Department of Economics, HKUST Business School Reputation systems operated by online platforms play an important role in mitigating the problems caused by asymmetric information in internet marketplaces. Successful reputation systems can ... 阅读更多