Active
Algorithmic Deterrence and Insider Trading
An active project studying algorithmic deterrence, private enforcement, and the shadow tax imposed on strategic insider trading behavior.
Team: Heikichi Hayashi, Karl Yu, Ruoran Lai, Weiyu Qi
Projects
Projects frame the lab as a durable research platform, not just a paper list.
Each project outlines its substantive question, current research stage, related themes, and participating collaborators.
Active
DeFi Exploits and Commercial Paper Spreads
A single-authored research program on the short-horizon transmission of DeFi exploits into U.S. commercial paper spreads and adjacent financial indicators.
Team: Heikichi Hayashi
Active
Strategic Behavior and Mechanism Design in Financial and Digital Markets
A collaborative research stream on strategic behavior, mechanism design, and randomized allocation in financial and digital market environments.
Team: Heikichi Hayashi, Karl Yu, Huanxi Zhang, Weiyu Qi, Ruoran Lai
Design
The Elite School Custodianship Effect
A work-in-progress project on the impact of super high school group-based schooling on students' human capital, developed in collaboration with Beijing National Day School.
Team: Heikichi Hayashi