2013-2014 HKUST ANNUAL REPORT - page 28

FRESH THEORIES ON 3D WORLD
Dr Tian Fang (Computer Science and Engineering) and
collaborators from Beijing Normal University and Wuhan
University have developed theories and methods
of earth surface feature modeling and visualization
based on multi-sensor spatial data that advance
research and application of image segmentation and
intelligent data 3D scene reconstruction. They have
put forward a series of novel approaches for denoising
images and point clouds with missing data, noise and
complex backgrounds. They have also promoted the
development of object recognition and segmentation
technologies and improved the theories and methods of
multi-sensor data-driven 3D reconstruction, forming
unique theory systems for automatic reconstruction of
3D city models.
IPO UNDERPRICING
A study by Prof Mingyi Hung (Accounting), with Prof
Hyun Hong (University of California, Riverside) and
Prof Gerald Lobo (University of Houston), has found
a decrease in Initial Public Offering (IPO) underpricing
and an increase in relative proceeds from foreign
market s following the adoption of mandator y
International Financial Reporting Standards (IFRS).
The research was published in The Accounting Review.
INFLUENCING CHOICE
Prof Michael Zhang (Information Systems, Business
Statistics and Operations Management), Prof Feng
Zhu, (Harvard Business School) and Prof Monic Sun
(Boston University), explored how people trade off
the fundamental human needs to belong and to
be different in social networks, through analysis of
evidence from a large-scale field experiment on a
leading social networking site in China. The results,
replicated in surveys on subjects in the United States,
uncover managerial implications for product diffusion
and social media marketing.
RATING PERFORMANCE
P rof Elli ck Wong (Management ) inve s t i ga ted
performance differentiation in performance evaluation,
proposing and testing the notion that differentiation
of ratings is a result of anchoring and adjustment.
The prediction was supported by results in a pilot
study involving gymnastics in the London 2012
Olympic Games and a main study in which the initial
performance dispersion of rates was experimentally
manipulated.
STUDENT DIVERSITY
Using data from Peking University and Soochow
University, Prof James Lee (Social Science) and Prof
Cameron Campbell (Social Science) documented the
distinctive diversity of China’s university students as
a result of the college entrance examination system
known as the gaokao in a 2013 Chinese-language
book Silent Revolution: The Social Origins of Peking
University and Soochow University Undergraduates,
1949-2002. The book was co-authored with Chen
Liang and published by Beijing Sanlian.
ORIGINS OF PUBLIC FINANCE
Prof Wenkai He (Social Science) published Paths
Toward the Modern Fiscal State, England, Japan,
and China (Harvard University Press), describing the
rise of modern public finance that revolutionized the
world’s economies. Prof He compares the paths of the
three countries to discover why some governments
developed the tools and institutions of modern public
finance, and others, facing similar circumstances, failed
to do so, and the consequences that resulted.
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RESEARCH DEVELOPMENT
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