Hong Kong has the highest retail fuel prices globally. When oil companies adjust their retail prices, they tend to raise prices simultaneously. Some might argue that the persistently high fuel prices in Hong Kong are due to the high land costs for gas stations. However, when examining the revenue record of oil companies, this argument seems invalid.
3917 5665
KK 1225
- PhD in Economics, Duke University
- MA in Economics, Peking University
- BSc in Biology, University of Science & Technology of China
Dr. Wen Zhou is an Associate Professor in the group of Management and Strategy, HKU Business School. He received BS in biology from the University of Science and Technology of China, MA in economics from Peking University and PhD in economics from Duke University. He joined the University of Hong Kong in 2007 after working at the Hong Kong University of Science and Technology for several years.
Dr. Zhou teaches Managerial Economics for MBA, IMBA, and EMBA.
Dr. Zhou is an economist working in the field of industrial organization. His research focuses on endogenous market structure in the presence of mergers, innovation, and international trade. He has also studied business strategies such as pricing and advertising.
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- “Sequential Mergers Under Incomplete Information”, with Jiajia Cong, Journal of Economics and Management Strategy, 2024, Vol. 33 No. 1, PP. 131-154. https://doi.org/10.1111/jems.12549
- “Proportional Fee vs. Unit Fee: Competition, Welfare, and Incentives”, with Dingwei Gu and Zhiyong Yao, Journal of Industrial Economics, 2022, Vol. 70, No. 4, pp. 999-1032. https://doi.org/10.1111/joie.12279
- “Inflexible Repositioning: Commitment in Competition and Uncertainty”, with Jiajia Cong, Management Science, 2020, Vol. 66, No. 9, pp. 4207-4225. https://doi.org/10.1287/mnsc.2019.3383
- “Vertical Integration and Disruptive Cross-market R&D”, with Ping Lin and Tianle Zhang, Journal of Economics and Management Strategy, 2020, Vol. 29, No. 1, pp. 51-73. https://doi.org/10.1111/jems.12328
- “When is Upstream Collusion Profitable?”, with Dingwei Gu, Zhiyong Yao, and Rangrang Bai, RAND Journal of Economics, 2019, Vol. 50, No. 2, pp. 326-341. https://doi.org/10.1111/1756-2171.12271
- “Entry, Reputation and Intellectual Property Rights Enforcement”, with Jiahua Che and Larry Qiu, Canadian Journal of Economics, 2014, Vol. 47, No. 4, pp. 1256-1281. https://doi.org/10.1111/caje.12104
- “Multiproduct Firms and Scope Adjustment in Globalization”, with Larry Qiu, Journal of International Economics, 2013, Vol. 91, No. 1, pp. 142-153. https://doi.org/10.1016/j.jinteco.2013.04.006
- “The Effects of Competition on the R&D Portfolios of Multiproduct Firms”, with Ping Lin, International Journal of Industrial Organization, 2013, Vol. 31, No. 1, pp. 83-91. https://doi.org/10.1016/j.ijindorg.2012.11.003
- “Endogenous Horizontal Mergers under Cost Uncertainty”, International Journal of Industrial Organization, 2008, Vol. 26, No. 4, pp. 903-912. https://doi.org/10.1016/j.ijindorg.2006.10.010
- “Large is Beautiful: Horizontal Mergers for Better Exploitation of Production Shocks”, Journal of Industrial Economics, 2008, Vol. 56, No. 1, pp. 68-93. https://doi.org/10.1111/j.1467-6451.2008.00333.x
- “Merger Waves: A Model of Endogenous Mergers”, with Larry Qiu, RAND Journal of Economics, 2007, Vol. 38, No. 1, pp. 214-226. https://doi.org/10.1111/j.1756-2171.2007.tb00052.x
- “International Mergers: Incentives and Welfare”, with Larry Qiu, Journal of International Economics, 2006, Vol. 68, No. 1, pp. 38-58. https://doi.org/10.1016/j.jinteco.2004.12.005
- “The Choice of Commercial Breaks in Television Programs: The Number, Length, and Timing”, Journal of Industrial Economics, 2004, Vol. 52, No. 3, pp. 315-326. https://doi.org/10.1111/j.0022-1821.2004.00228.x
Hong Kong has the highest retail fuel prices globally. When oil companies adjust their retail prices, they tend to raise prices simultaneously. Some might argue that the persistently high fuel prices in Hong Kong are due to the high land costs for gas stations. However, when examining the revenue record of oil companies, this argument seems invalid.
最近上映的電影《奧本海默》,講述原子彈之父奧本海默(J. Robert Oppenheimer)在原子彈研發成功之後,如何因為反戰立場和曾經的左傾活動而遭受迫害。 其實,這不僅是他個人的悲劇,更是全體人類共同的悲劇。 核武的發明、擴散和競賽,讓這個世界變得極不安全。 俄羅斯對烏克蘭軍事行動受挫之際,就曾多次暗示迫不得已時會使用核武。
最近上映的電影《奧本海默》,講述原子彈之父奧本海默(J. Robert Oppenheimer)在原子彈研發成功之後,如何因為反戰立場和曾經的左傾活動而遭受迫害。 其實,這不僅是他個人的悲劇,更是全體人類共同的悲劇。 核武的發明、擴散和競賽,讓這個世界變得極不安全。 俄羅斯對烏克蘭軍事行動受挫之際,就曾多次暗示迫不得已時會使用核武。
近日香港超市售賣的新鮮豬腩肉每500克90元(港元.下同),遠超深圳市21元的售價。香港的鮮肉完全從內地進口,沒有進出口關稅,為什麼會這麼貴?
近日香港超市售賣的新鮮豬腩肉每500克90元(港元.下同),遠超深圳市21元的售價。香港的鮮肉完全從內地進口,沒有進出口關稅,為什麼會這麼貴?
中國自1978年改革開放以來,高昂的醫療支出和虛高的藥價一直是影響民生的重大問題。2018年爆火的內地電影《我不是藥神》,就反映了許多癌症患者面臨的困境:單價近萬元的標靶藥物讓他們望而卻步。有鑑於此,中國政府近年來對藥價管理機制進行革命性的改革,取得了巨大成效。
中國自1978年改革開放以來,高昂的醫療支出和虛高的藥價一直是影響民生的重大問題。2018年爆火的內地電影《我不是藥神》,就反映了許多癌症患者面臨的困境:單價近萬元的標靶藥物讓他們望而卻步。有鑑於此,中國政府近年來對藥價管理機制進行革命性的改革,取得了巨大成效。
西區海底隧道(西隧)專營權明年8月屆滿,政府計劃繼接收西隧後,在三條過海隧道實施「擠塞徵費」。這個方案向立法會提出後,社會上出現一些反對意見。其實,按照擠塞程度分段收費,是各種方案中比較科學可行的一種,也是世界各大城市公共交通政策的共同趨勢。
西區海底隧道(西隧)專營權明年8月屆滿,政府計劃繼接收西隧後,在三條過海隧道實施「擠塞徵費」。這個方案向立法會提出後,社會上出現一些反對意見。其實,按照擠塞程度分段收費,是各種方案中比較科學可行的一種,也是世界各大城市公共交通政策的共同趨勢。