Stephen Y CHIU
Dr. Stephen Y CHIU
Economics
Honorary Associate Professor

3917 1026

KK 306

Publications
Behavioural Economics on Risk Aversion and Gambling

Can money make the world go around? Do economic gains always drive people to make rational decisions? We have too little time for too much information and people usually rely on their intuition to make choices.

Behavioural Economics on Risk Aversion and Gambling

Can money make the world go around? Do economic gains always drive people to make rational decisions? We have too little time for too much information and people usually rely on their intuition to make choices.

Insights from Studies on Italian Opera, Policing, and the Slave Trade

When economists conduct research on certain topics, they often face challenges in collecting data from real-life situations, that meet the ideal conditions of a randomised controlled experiment. However, if randomised controlled groups exist in real-world scenarios, they would present valuable opportunities for study. Many hypotheses, such as the idea that intellectual property laws boost the opera industry can be proved in such analysis.

Insights from Studies on Italian Opera, Policing, and the Slave Trade

When economists conduct research on certain topics, they often face challenges in collecting data from real-life situations, that meet the ideal conditions of a randomised controlled experiment. However, if randomised controlled groups exist in real-world scenarios, they would present valuable opportunities for study. Many hypotheses, such as the idea that intellectual property laws boost the opera industry can be proved in such analysis.

Know Thyself!

我們習慣認為自己的行為是理性、合乎邏輯,而且是經深思熟慮的,但現實上,我們的行為往往是「不經大腦」的,有許多盲點,甚至受到誤導和操縱而不自知。

Know Thyself!

我們習慣認為自己的行為是理性、合乎邏輯,而且是經深思熟慮的,但現實上,我們的行為往往是「不經大腦」的,有許多盲點,甚至受到誤導和操縱而不自知。

All theory might not be grey, but the golden tree of actual life springs ever green

前不久香港發生一宗命案,其駭人聽聞程度不下於任何經典驚慄片。才華滿溢、資金豐厚的電影製作人,不論如何絞盡腦汁,其創作不見得一定比真實世界奇異精采,很多時反而是從現實世界中找尋獨特的元素,經整理鋪陳後呈現於觀眾眼前。觀眾覺得可觀,往往因為不曾經歷的新鮮感而已,其實現實世界才是電影精采情節的泉源。經濟學家提出各種經濟理論,其貢獻在相當程度上也源於自身的實際經驗,或事後對實際經驗的總結。本文將分享一些現實生活的例子,以及經濟學家所作的檢視。

All theory might not be grey, but the golden tree of actual life springs ever green

前不久香港發生一宗命案,其駭人聽聞程度不下於任何經典驚慄片。才華滿溢、資金豐厚的電影製作人,不論如何絞盡腦汁,其創作不見得一定比真實世界奇異精采,很多時反而是從現實世界中找尋獨特的元素,經整理鋪陳後呈現於觀眾眼前。觀眾覺得可觀,往往因為不曾經歷的新鮮感而已,其實現實世界才是電影精采情節的泉源。經濟學家提出各種經濟理論,其貢獻在相當程度上也源於自身的實際經驗,或事後對實際經驗的總結。本文將分享一些現實生活的例子,以及經濟學家所作的檢視。

The Energy Revolution in China

人類社會正處於十九世紀以來的第三次能源轉型。第一次能源轉型,是指植物能轉為燃煤發電;第二次是指以化石燃料取代煤炭;至於目前的第三次轉型,是指以可再生的潔淨能源,來取代污染性較高的化石能源,使其成為人類社會的主要能源。