Research
- Toxicity-Competitiveness Tradeoff in Concentrated Liquidity Provision (with Wang-Hei Ip, Kohei Kawaguchi, Wataru Kuramoto, and Shinya Tsuchida [link], last updated April 2024)
- Competing DAOs (with Y. Ito [link], last updated March 2023), awarded Hong Kong ECS Grant 2023
- The Crowding-in Effect of Public Information on Private Information Acquisition ([link] last updated May 2023), R&R at Journal of Financial and Quantitative Analysis
- Coexisting Exchange Platforms: Limit Order Books and Automated Market Makers, (with Y. Ito [link], last updated May 2023), R&R at Journal of Political Economy Microeconomics
- High-Frequency Trading, Exchange Competition, and Endogenous Delays, ([link], last updated Dec 2022).
- Liquidity Provision by Automated Market Makers, ([link], last updated April 2023)
- Endogenously Slow Markets and Its Crowding-in Effect on Speed Acquisition, (Job Market Paper in 2021, [link], last updated Oct 2023), under review
- Quality Certification and Market Transparency with Decentralized Information Management, (with D. Adachi [SSRN link], last updated Dec 2020)