Assistant Professor
Yiwen SHEN
Operations Management
Assistant Professor
yiwenshen@ust.hk
Personal Homepage
Yiwen SHEN

Research Interests

  • Empirical modeling, data-driven decision making, healthcare operations, revenue management
  • Empirical asset pricing, fintech, om-finance interface

Biography

 

Academic Qualification

  • PhD Columbia University, Decision, Risk, and Operations
  • M.Sc. Columbia University, Financial Engineering
  • B.Sc. Peking University, Physics

Academic And Professional Experience

  • Assistant Professor of ISOM, Hong Kong University of Science and Technology, 2021 - present
  • Quantitative Researcher (Intern), Cubist Systematic Strategies, 2018
  • Quantitative Analyst (Intern), Bank of America Merrill Lynch, 2017
  • Desk Strat, Morgan Stanley, New York, 2016

Publications

  • Shen, Y., Chan, C. W., Zheng, F., Argenziano, M., & Kurlansky, P. EXPRESS: The Impact of Surgeon Daily Workload and Its Implications for Operating Room Scheduling. Production and Operations Management, 10591478251398334.

  • Shen, Y., Li, C., Scaillet, O., & Jiang, Y. (2025). Dynamic Portfolio Allocation Under Market Incompleteness and Wealth Effects. Operations Research.

  • Shen, Y., & Shi, M. (2024). Intraday variation in cross-sectional stock comovement and impact of index-based strategies. Journal of Financial Markets, 68, 100894.

  • Glasserman, P., Mamaysky, H., & Shen, Y. (2024). Dynamic information regimes in financial markets. Management Science, 70(9), 6069-6092.

Working Papers

  • Liu, Z., Shen, Y., & Sun, Y. (2023). Operating three-sided marketplace: Pricing and spatial staffing in food delivery systems. Available at SSRN 4668867.

  • Shen, Y., Chan, C., Zheng, F., & Escobar, G. J. (2020). Structural Estimation of Intertemporal Externalities with Application in ICU Admissions. Available at SSRN 3564776.

Funded Projects

  • Early Career Scheme (ECS) Reserach Grant (PI), Managing Patient Flow with Adaptive Behaviours from Multiple Units, 2024 - 2027

Honors

  • Early Career Scheme (ECS) Research Grant (PI), HKD 554,156, Hong Kong Research Grants Council, 2024 - 2027
  • Faculty Initiation Grant, HKUST, 2021 - 2024
  • Second place, INFORMS HAS Paper Competition, 2021
  • Finalist, INFORMS Service Science Best Cluster Paper, 2021
  • Silver Medalist in China Physics Olympiad, 2009