Is Pop Music Dying? An Economic Perspective

I was on a flight back to Shanghai when I read an article about Rose (from BlackPink) and her new song, “APT,” featuring Bruno Mars. I was smitten after a single listen. The sound was mesmerizing. After first hearing the song, I found myself humming the chorus wherever I went. I was hardly the only one. Presumably, a considerable number of readers are still captive to that spell. You know the chorus I’m talking about: a-pa-teu, a-pa-teu, a-pa-teu, a-pa-teu…...

March 17, 2025

Modern Art Punch

I used to be really into modern art—especially the 1960s—when I was in high school. Teenagers tend to distance themselves from their own culture or from whatever’s popular, I guess so they can feel “iconic.” Honestly, I was just being avant-garde for the sake of avant-garde: hanging up a Marilyn Monroe print in my bedroom, thinking it was cool that none of my friends got it (not that I fully did, either, as I later realized)....

March 16, 2025

315 Gala

March 15th is World Consumer Rights Day—to raise global awareness about consumer rights and needs, and to demand respect and protection for all consumers. In China, the day is marked by a two-hour prime-time show on state-run China Central Television (CCTV), where brands are publicly criticized for issues like poor-quality products, robocalls, and illegal collection of personal information. Reporters often would spend months or even years under disguise in those problematic industries to finally unveil the truth on this day....

March 15, 2025

Chopiniana

“Chopiniana,” also known as “Les Sylphides,” is a ballet choreographed by Mikhail Fokine, set to music by Frédéric Chopin, and premiered in 1907 as a “romantic reverie”. It’s a ballet blanc—where all ballerinas wear white dresses or tutus. Mariinsky Theatre premiered the ballet in 1907. The music is very beautiful. And the choreography has magic. Fokine’s Chopiniana is an homage to the Romantic era with its white ballet, fleeting arabesques, airy dances of ethereal sylphides and perpetual longing for perfection....

March 14, 2025

Paper Reading Note | Strategic Experimentation with Exponential Bandits II

This is the second reading note of paper “Strategic Experimentation with Exponential Bandits”, following the previous post that describes the single-agent basic model: a continuous two-armed bandit: one risky (R) arm + one safe (S) arm. Model: When There Are More Than One Agents Players each have replica two-armed bandits. They share the same prior belief (over whether the Risky arm is good or bad), the same discount rate, and information is public....

March 13, 2025

Paper Reading Note | Strategic Experimentation with Exponential Bandits I

This is the reading notes of “Strategic Experimentation with Exponential Bandits” by Godfrey Keller, Sven Rady and Martin Cripps, published in Econometrica, 2025. I think it is a really cool theoretical economic paper, because the math is solid, elegant and inspiring. For more details, please refer to the original paper. The following are notes for the models and and results for reference, if one wants to quicly grasp the intuition....

March 12, 2025

the Brahms Schumann triangle

Brahmn’s music speaks love. And the story goes: [The story] has been pieced together from personal letters between Clara, Brahms, and friends. Robert Schumann was Brahms’ mentor. Brahms got close to Schumann’s wife Clara as Robert was drifting off into madness (likely related to syphilis). Clara and Brahms wrote letters to one another as if lovers, but after Schumann’s death, Brahms left Clara to move on with his career, although they still kept in touch, and were affectionate whenever the met....

March 11, 2025

updates

Updated my CV and about me page. Goodnight!

March 10, 2025

USC at UCLA

I spend the weekend in Los Angeles. UCLA is mountainous. Its campus design has layers and depth. Impressively beautiful. LA is flamboyant, loud, of beautiful, bold contrasts—definitely one of a kind. Beneath the Hollywood glam and tourist traps, there’s a real depth to the city. I walked throught its most diverse neighborhoods in the world—Koreatown, Little Tokyo, Boyle Heights, and the Arts District all have their own unique cultures and communities....

March 9, 2025

Looking Ahead for PhD in Business School | Insights from USC Marshall’s Open House

Attending the admitted PhD open house at USC Marshall’s DSO department was an invaluable experience. It was a rare opportunity to engage with multiple faculty members. USC has a beautiful campus located in a delightful and convenient neighborhood. One of the most interesting thing was when I tried to crowdsource representative attributes for a good PhD student by asking everyone the question: What makes a popular job market candidate? Their responses provided a well-rounded view of what it takes to stand out....

March 8, 2025