Research Area

• Microeconomic and Game Theory
• Environmental Economics
• Sustainable and Green Finance

Research Interest

Environmental policies change the economic incentives of individual firms and investors. Microeconomic and game theory therefore provide useful frameworks for understanding how individual stakeholders respond to new policy initiatives, and how the optimality of various institutions may depend on the underlying parameters of the market environment. As innovative institutions governing emissions trading and green bonds markets are rapidly developed in different parts of the world, I am interested in learning from their successes or failures. 

Publications

• Chan, K.J.D.* (forthcoming). Inefficiency in a Frictionless Market. Games and Economic Behavior. (15% acceptance rate, top field journal in game theory)
• Chan, K.J.D.*, Cheung, B., and Shen, L.Y. (2024). An Economic Foundation for Assessing the Credibility of Corporate Net Zero Transition Pathways. Business Strategy and the Environment, 1-14. https://onlinelibrary.wiley.com/doi/10.1002/bse.3951 (8% acceptance rate; impact factor 12.5 at the time)
• Papyshev, G.*, and Chan, K.J.D. (2024). Fugazi Regulation for AI: Strategic Tolerance for Ethics Washing. AI & Society: Knowledge, Culture and Communication. https://link.springer.com/article/10.1007/s00146-024-02084-x
• Chan, K.J.D.*, Papyshev, G., and Yarime, M. (2024). Balancing the Tradeoff between Regulation and Innovation for Artificial Intelligence: An Analysis of Top-down Command and Control and Bottom-up Self-Regulatory Approaches. Technology in Society, 102747.    https://doi.org/10.1016/j.techsoc.2024.102747 (impact factor 10.1 at the time)
• Wong, K.Y., Chan, W.W., Gu, D., Yu, J.Z., Wong, T.W., Chan, K.J.D., and Lau, A.K.H.* (2023). Characterization of Toxic Air Pollutants in Hong Kong, China: Long-term Trends and Health Risk Assessments. Atmospheric Environment,314,12029.  https://www.sciencedirect.com/science/article/pii/S1352231023005551