The Economics and Business of Artificial Intelligence

06 Jan 2026 (Tue)

9:30am – 5:45pm

LSK 1003, Lee Shau Kee Business Building, HKUST

Yang Lu (HKUST), Akira Matsushita (Kyoto University), Xiaowei Zhang (HKUST), Yi Yang (HKUST), Matthias Fahn (HKU), Hanzhe Li (HKU)

Online Registration

This workshop brings together research on the economic and organizational implications of artificial intelligence. The presentations examine AI both as a research tool and as a force shaping incentives, information, and decision-making in economics and business. The workshop is intended to be accessible and of interest to both faculty and graduate students.

Registration

For HKUST faculty and graduate students only. Valid UST email account is required. Registration opens until 04 Jan 2026.

Program Schedule

Morning Session

09:30 – 10:30
Yang Lu (HKUST, Economics)
“AI and Human Capital Accumulation: Aggregate and Distributional Implications”

10:30 – 11:30
Akira Matsushita (Kyoto University)
“Do Players Randomize? Predicting Tennis Serve Direction with Machine Learning”

11:30 – 11:45
Break

11:45 – 13:15
Lunch (for faculty only)

Afternoon Session

13:30 – 14:30
Xiaowei Zhang (HKUST, Industrial Engineering and Decision Analytics)
“Optimizing Service Operations via LLM-Powered Multi-Agent Simulation”

14:30 – 15:30
Yi Yang (HKUST, ISOM)
“LLM-Measure: Generating Valid, Consistent, and Reproducible Text-Based Measures for Social Science Research”

15:30 – 15:45
Coffee Break

15:45 – 16:45
Matthias Fahn (HKU, Management and Strategy)
“When Good Enough Becomes Optimal: The Agency Costs of Using AI in Organizations”

16:45 – 17:45
Hanzhe Li (HKU, Economics)
“AI Persuasion, Bayesian Attribution, and Career Concerns of Doctors”

18:30-
Dinner (for faculty only)