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I am a PhD candidate in Management Science at the School of Management, Fudan University, advised by Prof. Xiaole Wu. I am currently a visiting PhD student at the Olin Business School, Washington University in St. Louis (Jan – Jul 2026), hosted by Prof. Panos Kouvelis. My research lies at the intersection of operations management and financial risk management, with a current focus on hedging strategies for supply chains exposed to exchange rate, commodity, and policy risks, and structural analysis of capital-intensive manufacturing supply chains.

I will be on the 2026–2027 academic job market for tenure-track positions in Operations Management.

View full CV →

Working Papers

Integrated Hedging Strategies for Exchange Rate and Commodity Price Risks

with Panos Kouvelis, Xiaole Wu, Yixuan Xiao

Optimal joint hedging of FX and commodity risks; competition induces complementary hedging strategies in equilibrium.

Major Revision · Management Science SSRN

Utilization-Dependent Costs, Shock Propagation, and Consolidation in a Multi-Tier Photovoltaic Supply Chain

with Mengfei Li, Zibo Liu, Lezhen Wu, Xiaole Wu

Cournot oligopoly model for the four tiers of China's crystalline-silicon PV supply chain; recursive cost-shock and merger counterfactuals.

Working Paper

See the Research page for full details.

Upcoming Talks

  • 2026 INFORMS Annual Meeting, San Francisco, CA — Nov 1–4, 2026 (Photovoltaic paper)
  • 2026 INFORMS MSOM Annual Conference, Harvard Business School (Boston, MA) — July 12–14, 2026 (Hedging paper)

See Talks for the full list.

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