Sunny Yangguang HUANG (黃陽光)

• Ph.D. in Economics, University of Washington (2016)
• M.A. in Economic Policy, Boston University (2011)
• B.A. in Economics, Sun Yat-sen University (2009)

• Assistant Professor, Hong Kong University of Science and Technology, 2016-2024
• Associate Professor, Hong Kong Baptist University, 2024-2025

• Graduate Teaching Award, University of Washington, 2014
• Henry T. Buechel memorial fellowship, University of Washington, 2014
• Recognition of Excellent Teaching Performance, 2018-2024
• Outstanding Paper Award, China Marketing International Conference, 2025
• Highly Innovative Paper Award, Chinese Marketing Association of Universities Annual Conference, 2025

• Principles of Macroeconomics
• Microeconomic Theory (Ph.D.)

• Hong Kong Research Grants Council, Early Career Scheme, “Contests with Multiple Prizes and Endogenous Entry: Evidence from Procurement of Architecture Design Proposals.” Project No. 26500217, 2017–2020.
•  Hong Kong Research Grants Council, General Research Fund, “Structural Analysis of Competing Auctions with an Application to Taobao Judicial Auction Platform.” Project No. 16500520, 2020–2023.
•  Hong Kong Research Grants Council, General Research Fund, “Structural Analysis of Stores Going Online and Shopping Malls’ Responses.” Project No. 16503523, 2023–2026.
• HKUST Institute for Emerging Market Studies, Research Grant, “Fighting Financial Frauds by Eye-opening Education Program.” (Co-I: Xiaojian Zhao, Monash University), Project No. IEMS17BM01, 2017–2019.
• HKUST Institute for Emerging Market Studies, Research Grant, “Voluntary Information Disclosure under Competition: Evidence from Chinese P2P Financial Platforms.” Project No. IEMS19BM01, 2019–2021.
• HKUST Center for Economic Policy, Small Research Grant, “Agency Model versus Wholesale Model: Platforms’ Choice and Antitrust Issues.” Project No. CEP21BM02, 2021–2023.
• HKUST Center for Economic Policy, Small Research Grant, “Researcher-Entrepreneur Relationship and Performance of Innovative Startups.” Project No. CEP23BM04, 2023–2025.
• National Natural Science Foundation of China (PI: Zhuoqiong Chen, Harbin Institute of Technology, Shenzhen), “Diversification of Innovation and Horizontally Differentiation of Contestants: Optimal Allocation of Prizes in Contests with Incomplete Information.” Grant No. 71903046, 2020–2022.
• National Natural Science Foundation of China (PI: Bin Liu, Chinese University of Hong Kong, Shenzhen), “Entry Fee, Information Acquisition and Risk Aversion: Optimal Contest Design with Incomplete Information.” Grant No. 7207030511, 2021–2024.

Industrial Organization, Applied Microeconomics, Digital Economy, Innovation and Entrepreneurship, Financial Market.

1. Huang, Yangguang, and Quan Wen. “Auction–lottery hybrid mechanisms: Structural model and empirical analysis.” International Economic Review 60.1 (2019): 355-385. [ABS4]
2. Huang, Yangguang, and Jijun Xia. “Procurement auctions under quality manipulation corruption.” European Economic Review111 (2019): 380-399. [ABS3]
3. Huang, Yangguang. “An empirical study of scoring auctions and quality manipulation corruption.” European Economic Review120 (2019): 103322. [ABS3]
4. Gui, Zhengqing, Yangguang Huang, and Xiaojian Zhao. “Whom to educate? Financial literacy and investor awareness.” China Economic Review67 (2021): 101608. [ABS2]
5. Huang, Yangguang, and Ming He. “Structural analysis of Tullock contests with an application to US House of Representatives elections.” International Economic Review62, no. 3 (2021): 1011-1054. [ABS4]
6. Che, Xiaogang, Yangguang Huang, and Le Zhang. “Supervisory efficiency and collusion in a multiple-agent hierarchy.” Games and Economic Behavior 130 (2021): 425-442. [ABS3]
7. Gao, Pin, Xiaoshuai Fan, Yangguang Huang, and Ying-Ju Chen. “Resource allocation among competing innovators.” Management Science68, no. 8 (2022): 6059-6074. [ABS4*]
8. Huang, Yangguang, and Yu Xie. “Search algorithm, repetitive information, and sales on online platforms.” International Journal of Industrial Organization88 (2023): 102933. [ABS3]
9. Gui, Zhengqing, Yangguang Huang, and Xiaojian Zhao. “Financial fraud and investor awareness.” Journal of Economic Behavior & Organization219 (2024): 104-123. [ABS3]
10. Gu, Dingwei, and Yangguang Huang. “Agency model versus wholesale model.” Information Economics and Policy68 (2024): 101093. [ABS2]