“Welcome to RP World.”
The website is a succinct showcase of my academic journey from teaching to research. It highlights my key research projects in economics and data science, including the analysis of Airbnb’s Smart Pricing Tool, enhancing BLP models through consumer review insights, and developing AI pricing agents for market dynamics. This platform serves as a resource for academic and industry professionals, providing a window into my work at the nexus of economics, AI, and technology.
Research 1
The New Age of Collusion? An Empirical Study into Airbnb’s Pricing Dynamics and Market Behavior
Research 2
Integrating BLP Models with Machine Learning: A New Approach to Demographic Analysis from Consumer Reviews
Research 3
Evolving Market Dynamics: Developing and Analyzing Pricing AI Agents in Competitive Settings
Courses:
Game Theory
This course provides a comprehensive introduction to game theory and the art of strategic thinking. Central concepts in game theory such as dominance, backward induction, Nash equilibrium, evolutionary stability, and more are explored in depth. These ideas are not just theoretical but are applied to real-world scenarios, including examples from economics, politics, movies, and other domains. Interactive class games and diverse examples are used to illustrate these concepts vividly.
Applied Statistics for Economics
This course is designed to provide you with a solid foundation in statistics, whether you are a first-time statistics student or seeking to refresh your statistical knowledge. You’ll explore the principles of data analysis, probability, and statistical inference, gaining the skills needed to make informed decisions and interpret the world through a statistical lens.
Applied Econometrics
Applied Econometrics is a course that focuses on the practical application of statistical and econometric techniques to analyze economic data and test economic theories. It is designed to provide students with the necessary tools and skills to conduct empirical research in economics and make informed policy decisions.
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About Me
Welcome to the professional profile of Richeng Piao, an economist, data analyst, and AI enthusiast with a rich background in empirical research and data analysis, focused on the intersection of technology and economics. My journey combines rigorous data-driven research with a passion for teaching, where I convey complex economic theories in an accessible manner. My expertise in statistical and algebraic techniques informs my development of sophisticated economic models. Currently, I’m researching Airbnb’s pricing strategies and their market implications, reflecting my interest in AI’s impact on economics. Additionally, my academic role involves educating the next generation, blending research insights with classroom learning. My goal is to deepen our understanding of economic phenomena in the digital age and contribute to a more informed and efficient market.
