Research Interests

My primary research interests are in the area of data-driven decision-making in operations management and service systems. I am particularly interested in:

• Methodology: Stochastic models, optimization, auction theory, econometrics.
• Application: Supply chain management, pricing and revenue management, healthcare, Finance-operations interface, online digital economics, empirical and structural estimation.

Academic Qualification

• PhD Columbia Business School, Decision, Risk, and Operations
• M.Sc. National University of Singapore, Management Science
• B.Sc. Nanjing University, Mathematics

Academic And Professional Experience

• Assistant Professor of ISOM, Hong Kong University of Science and Technology, 2020-Present
• Chief Investment Officer & Founding Partner, UniQuant Capital, Shanghai, 2018 – 2020
• Executive Director, China Innovation Fund, 2017 – 2018
• Vice President, Goldman Sachs, New York, 2015 - 2017
• Quantitative Strategist, The Knight Capital Group, New York, 2015 – 2015
• Research Consultant, Kaiser Permanente, Oakland, 2014 - 2014
• Research Scientist, Amazon.com, Seattle, 2014 – 2014
• Data Scientist, AppNexus, New York, 2013 - 2013

Selected Publications

Articles

• Lu, L., Federgruen, A., Liu, Z. “Dual Sourcing: Creating and Utilizing Flexible Capacities with a Second Supply Source", Production and Operations Management, accepted for publication.
• Liu, Z., Lu, L., Federgruen, A. “Synthesis and Generalization of Structural Results in Inventory Management: A Generalized Convexity Property”, Mathematics of Operations Research. 2020(45), 547-575.
• Chan, C., Green, L., Lekwijit, S., Lu, L., Escobar, G. “Assessing the Impact of Service Level When Customer Needs Are Uncertain: An Empirical Investigation of Hospital Step-Down Units", Management Science, 2019(65), 459-954.
• Gur, G., Lu, L., Weintraub, G. “Framework Agreements in Procurement: An Auction Model and Design Recommendations" Manufacturing & Service Operations Management, 2017(19), 509-712.
• Lu, L., Yan, X. “Capacity Investment Decisions under Risk Aversion", Naval Research Logistics, 2016(63), 218-235.
• Lu, L., Song, J., Zhang, H. “Optimal and Asymptotically Optimal Policies for Assemble-to-Order N- and W- Systems", Naval Research Logistics, 2016(62), 617-645.
• Lu, L., Wu, Y. “Preferences for Contractual Forms in Supply Chains", European Journal of Operational Research, 2015(241), 74-84.

Profession Activities

• Reviewers for Management Science, Operations Research, Manufacturing & Service Operations Management, Mathematics of Operations Research, Naval Research Logistics, European Journal of Operational Research
• Members for INFORMS, MSOM, POMS

Honors And Awards

• General Research Fund (GRF) Research Grant (PI), HKD 533,633, Hong Kong Research Grants Council, 2024-2027
• Dean's Recognition of Teaching Excellence, HKUST Business School, 2022, 2023
• Early Career Scheme (ECS) Research Grant (PI), HKD744,658, Hong Kong Research Grants Council, 2022-2025
• Faculty Initiation Grant, HKUST, 2020 - 2025
• Finalist, INFORMS George Nicholson Student Paper Competition, 2018
• The W. Edwards Deming Doctoral Research Grants
• Jerome A. Chazen Doctoral Research Grants
• First Price of National Physics Competition.