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Publications

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  • All HBS Web  (120,656)
    • Faculty Publications  (32)

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    • All HBS Web  (120,656)
      • Faculty Publications  (32)

      Luo, Hong Remove Luo, Hong →

      Page 1 of 32 Results →
      • February 2021
      • Case

      Spotify's Audio-First Strategy: Leading the Podcasting Market

      By: Hong Luo and Carol Lin
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      Luo, Hong, and Carol Lin. "Spotify's Audio-First Strategy: Leading the Podcasting Market." Harvard Business School Case 721-439, February 2021.
      • January 2021
      • Case

      Universal During COVID: The Future of Theatrical Windows

      By: Hong Luo, Henry McGee and Carol Lin
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      Luo, Hong, Henry McGee, and Carol Lin. "Universal During COVID: The Future of Theatrical Windows." Harvard Business School Case 721-425, January 2021.
      • December 2019
      • Article

      Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning

      By: Guofang Huang, Hong Luo and Jing Xia
      Pricing idiosyncratic products is often challenging because the seller, ex ante, lacks information about the demand for individual items. This paper develops a model of dynamic pricing for idiosyncratic products that features the optimal stopping structure and a seller...  View Details
      Keywords: Dynamic Pricing; Idiosyncratic Products; Item-specific Demand; Demand Uncertainty; Active Seller Learning; The Value Of Information; Price; Information; Value; Learning
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      Huang, Guofang, Hong Luo, and Jing Xia. "Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning." Management Science 65, no. 12 (December 2019): 5556–5583.
      • October 2019
      • Teaching Note

      Innovate Safely—CT Scanners and Radiation Risk

      By: Hong Luo and Alberto Galasso
      Teaching Note for HBS No. 719-486.  View Details
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      Luo, Hong, and Alberto Galasso. "Innovate Safely—CT Scanners and Radiation Risk." Harvard Business School Teaching Note 720-398, October 2019.
      • 2019
      • Chapter

      Punishing Robots: Issues in the Economics of Tort Liability and Innovation in Artificial Intelligence

      By: Alberto Galasso and Hong Luo
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      Galasso, Alberto, and Hong Luo. "Punishing Robots: Issues in the Economics of Tort Liability and Innovation in Artificial Intelligence." Chap. 20 in The Economics of Artificial Intelligence, edited by Ajay K. Agrawal, Joshua Gans, and Avi Goldfarb. University of Chicago Press, 2019.
      • February 2019 (Revised December 2019)
      • Case

      Innovate Safely—CT Scanners and Radiation Risk

      By: Hong Luo and Alberto Galasso
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      Luo, Hong, and Alberto Galasso. "Innovate Safely—CT Scanners and Radiation Risk." Harvard Business School Case 719-486, February 2019. (Revised December 2019.)
      • 2019
      • Working Paper

      Judgment Aggregation in Creative Production: Evidence from the Movie Industry

      By: Hong Luo, Jeffrey T. Macher and Michael Wahlen
      This paper studies a novel, light-touch approach to aggregate judgment from a large number of industry experts on ideas that they encounter in their normal course of business. Our context is the movie industry, in which customer appeal is difficult to predict and...  View Details
      Keywords: Judgment Aggregation; Creativity; Film Entertainment; Judgments; Motion Pictures And Video Industry
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      Luo, Hong, Jeffrey T. Macher, and Michael Wahlen. "Judgment Aggregation in Creative Production: Evidence from the Movie Industry." Harvard Business School Working Paper, No. 19-082, January 2019. (Revised September 2019.)
      • 2019
      • Working Paper

      Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment

      By: Hong Luo and Julie Holland Mortimer
      Digitization has transformed how users find and use copyrighted goods, but many existing legal options remain difficult to access, possibly leading to infringement. In a field experiment, we contact firms that are caught infringing on expensive digital images. Emails...  View Details
      Keywords: Copyright Infringement; Field Experiment; Intellectual Property; Lawfulness
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      Luo, Hong, and Julie Holland Mortimer. "Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment." Harvard Business School Working Paper, No. 19-081, January 2019. (Revised August 2019.)
      • January 2019 (Revised June 2020)
      • Case

      Market for Judgement: The Creative Destruction Lab

      By: Karim R. Lakhani, Hong Luo and Laura Katsnelson
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      Lakhani, Karim R., Hong Luo, and Laura Katsnelson. "Market for Judgement: The Creative Destruction Lab." Harvard Business School Case 719-479, January 2019. (Revised June 2020.)
      • November–December 2018
      • Article

      Slack Time and Innovation

      By: Ajay Agrawal, Christian Catalini, Avi Goldfarb and Hong Luo
      Traditional innovation models assume that new ideas are developed up to the point where the benefit of the marginal project is just equal to the cost. Because labor is a key input to innovation when the opportunity cost of time is lower, such as during school breaks or...  View Details
      Keywords: Crowdfunding; Slack Time; Innovation And Invention; Labor; Projects; Complexity; Value
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      Agrawal, Ajay, Christian Catalini, Avi Goldfarb, and Hong Luo. "Slack Time and Innovation." Organization Science 29, no. 6 (November–December 2018): 1056–1073.
      • 2019
      • Working Paper

      When Does Product Liability Risk Chill Innovation? Evidence from Medical Implants

      By: Alberto Galasso and Hong Luo
      Liability laws designed to compensate for harms caused by defective products may also affect innovation. We examine this issue by exploiting a major quasi-exogenous increase in liability risk faced by U.S. suppliers of polymers used to manufacture medical implants....  View Details
      Keywords: Product Liability; Innovation; Tort; Medical Devices; Vertical Foreclosure; Legal Liability; Innovation And Invention; Laws And Statutes; Medical Devices And Supplies Industry
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      Galasso, Alberto, and Hong Luo. "When Does Product Liability Risk Chill Innovation? Evidence from Medical Implants." Harvard Business School Working Paper, No. 19-002, July 2018. (Revised July 2019.)
      • March 2018
      • Teaching Note

      Redfin: Redefine Real Estate

      By: Hong Luo
      Teaching Note for HBS No. 718-430.  View Details
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      Luo, Hong. "Redfin: Redefine Real Estate." Harvard Business School Teaching Note 718-504, March 2018.
      • February 2018
      • Article

      Patent Publication and the Market for Ideas

      By: Deepak Hegde and Hong Luo
      In this paper, we study the effect of invention disclosure through patent publication on the market for ideas. We do so by analyzing the effects of the American Inventor's Protection Act of 1999 (AIPA)—which required U.S. patent applications to be published 18 months...  View Details
      Keywords: Licensing; Patent Publication; Invention Disclosure; Patents; Information Publishing; Innovation And Invention; Knowledge Dissemination
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      Hegde, Deepak, and Hong Luo. "Patent Publication and the Market for Ideas." Management Science 64, no. 2 (February 2018): 652–672.
      • February 2018 (Revised December 2019)
      • Case

      General Motors and Autonomous Vehicle Regulation

      By: Hong Luo, Esther Yan and Taro Tan
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      Luo, Hong, Esther Yan, and Taro Tan. "General Motors and Autonomous Vehicle Regulation." Harvard Business School Case 718-496, February 2018. (Revised December 2019.)
      • January 2018 (Revised April 2018)
      • Case

      Institutionalized Entrepreneurship: Flagship Pioneering

      By: Hong Luo, Gary P. Pisano and Huafeng Yu
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      Luo, Hong, Gary P. Pisano, and Huafeng Yu. "Institutionalized Entrepreneurship: Flagship Pioneering." Harvard Business School Case 718-484, January 2018. (Revised April 2018.)
      • November 2017
      • Teaching Note

      CarMax: Disrupting the Used Car Market

      By: Hong Luo and John R. Wells
      Teaching Note for HBS No. 717-506.  View Details
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      Luo, Hong, and John R. Wells. "CarMax: Disrupting the Used Car Market." Harvard Business School Teaching Note 718-434, November 2017.
      • November 2017 (Revised December 2019)
      • Case

      Redfin: Redefine Real Estate

      By: Hong Luo and Huafeng Yu
      Founded in 2004, Redfin envisioned a light-touch model in which clients self-served using the digital platform in exchange for a significantly lower fee than traditional agents. Realizing the narrow appeal of its initial model, Redfin had made significant changes to...  View Details
      Keywords: Adaptation; Growth And Development Strategy; Decision Choices And Conditions; Real Estate Industry; North America
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      Luo, Hong, and Huafeng Yu. "Redfin: Redefine Real Estate." Harvard Business School Case 718-430, November 2017. (Revised December 2019.)
      • 2017
      • Working Paper

      Tort Reform and Innovation

      By: Alberto Galasso and Hong Luo
      Current academic and policy debates focus on the impact of tort reforms on physicians’ behavior and medical costs. This paper examines whether these reforms also affect incentives to develop new technologies. We develop a theoretical model which predicts that the...  View Details
      Keywords: Lawsuits And Litigation; Laws And Statutes; Innovation And Invention; Medical Devices And Supplies Industry
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      Galasso, Alberto, and Hong Luo. "Tort Reform and Innovation." Working Paper, August 2017. (Accepted for publication in Journal of Law and Economics.)
      • August 2017
      • Article

      Tort Reform and Innovation

      By: Alberto Galasso and Hong Luo
      Current academic and policy debates focus on the impact of tort reforms on physicians’ behavior and medical costs. This paper examines whether these reforms also affect incentives to develop new technologies. We develop a theoretical model that predicts that the impact...  View Details
      Keywords: Governing Rules, Regulations, And Reforms; Health Care And Treatment; Technological Innovation; Legal Liability; Medical Devices And Supplies Industry
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      Galasso, Alberto, and Hong Luo. "Tort Reform and Innovation." Journal of Law & Economics 60, no. 3 (August 2017): 385–412.
      • Summer 2017
      • Article

      Copyright Enforcement: Evidence from Two Field Experiments

      By: Hong Luo and Julie Holland Mortimer
      Effective dispute resolution is important for reducing private and social costs. We study how resolution responds to changes in price and communication using a new, extensive dataset of copyright infringement incidences by firms. The data cover two field experiments...  View Details
      Keywords: Copyright; Law Enforcement; Lawsuits And Litigation; Cost
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      Luo, Hong, and Julie Holland Mortimer. "Copyright Enforcement: Evidence from Two Field Experiments." Journal of Economics & Management Strategy 26, no. 2 (Summer 2017): 499–528.
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