Marketing · Digital Economy · Artificial Intelligence

Understanding markets in the age of AI

I study how artificial intelligence, recommender systems, data-driven algorithms, and algorithmic pricing reshape decisions by firms and consumers. My work combines economics and machine learning to understand the opportunities and risks created by digital technologies.

A parallel stream of my research examines consumer protection, data governance, and responsible market design in the digital age.

  • AI Agent Business
  • Algorithmic Markets
  • Data and Privacy
  • Economics of AI

Research mission

Research at the intersection of markets and technology

I use economic theory, empirical methods, and machine learning to explain how digital systems reshape markets—and how they can be designed more responsibly.

01

AI Agent Business

How autonomous AI agents reshape consumer search and choice, transactions, firm strategy, and digital business models.

02

Algorithmic Markets

How algorithms reshape pricing, competition, information disclosure, and strategic interaction among firms.

03

Data and Privacy

How data collection and sharing create value while introducing privacy risks and governance challenges.

04

Economics of AI

How incentives, costs, and market structure shape the development and adoption of AI—and its effects on productivity and welfare.

Selected work

Recent publications

View all publications

Experience

Academic appointments

Professor

Faculty of Business and Economics, The University of Hong Kong

Associate Professor

Faculty of Business and Economics, The University of Hong Kong

Assistant Professor

College of Business, City University of Hong Kong

Education

Academic training

Ph.D. in Management

University of Toronto

M.Phil. in Operations Research

Hong Kong University of Science and Technology

B.E. in Computer Science and Technology

Tsinghua University

Recognition

Honors & awards

Selected recognition for research, service, and academic achievement.

HKU Business School Outstanding Researcher Award

Marketing Science Service Award

Runner-up, Franco Nicosia Best Competitive Paper Award

View earlier awards

Top 50 Author Productivity in the Premier Marketing Journals (2014–2023), American Marketing Association

Marketing Science Service Award

MSI Young Scholar

Dean's Research Excellence Award, College of Business, City University of Hong Kong

President's Award, City University of Hong Kong

Award for Outstanding Self-financed Students Abroad, China Scholarship Council

Outstanding Undergraduate Thesis, Tsinghua University

Teaching

Courses & cases

Teaching details

Public engagement

In the media

Commentary on AI, digital markets, pricing, and consumer welfare.

View more media coverage

Research collaboration & RA opportunities

Interested in markets, algorithms, or AI?

I welcome conversations with researchers, students, and organizations working on related questions.

Contact Xi Li