Dr. Song got his bachelor degree in economics and finance from the University of Hong Kong and his Ph.D. in economics from University of California, Los Angeles. He joined the School of Management and Economics of CUHK (Shenzhen) in August 2016. His research interests include game theory and its applications, information economics and network economics.


I am primarily interested in information transmission among rational Bayesian agents in networks and other economic institutions. My current research focuses on social learning and information transparency, as well as their applications in industrial organizations. Please see my working papers and work in progress for more details.

Awards and honors
  • 2019
  • 2018
  • 2017
  • 2014
  • 2011
  • 2010
  • 2008
  • 01


    Young Scientists Fund of the National Natural Science Foundation of China (Grant No. 71803167)

  • 02


    Outstanding Paper in Finance by the Shenzhen Finance Association

  • 03


    Shenzhen Global Talent Award (“Peacock Program”)

  • 04


    Dissertation Year Fellowship, UCLA

  • 05


    Teaching Assistantship, UCLA, 2011 – 2014

  • 06


    First-Class Honors, University of Hong Kong

  • 07


    Dean’s Honors List, University of Hong Kong, 2008 – 2010


1. "Dynamic R&D Competition under Uncertainty and Strategic Disclosure",with Mofei Zhao,,181 (2021), 169-210

2. "Social Learning with Coordination Motives",with Jiahua Zhang,,123 (2020), 81-100

3. “Dynamic Network Formation with Foresighted Agents”,with Mihaela van der Schaar,,49(2) (2020), 345-384

4. “Repeated Network Games with Dominant Actions and Individual Rationality",with Mihaela van der Schaar,,6(4) (2019), 812-823

5. “The governance role of institutional investors in information disclosure: Evidence from institutional investors’ corporate visits”,with Yuchen Lin and Jinsong Tan,,8(3) (2017), 304-323

6. “Social Learning with Endogenous Observation”,Yangbo Song,,166 (11) (2016): 324-333

7. “Dynamic Network Formation with Incomplete Information”,with Mihaela van der Schaar,,59(2) (2015): 301-331

8. "Sharing in Networks of Strategic Agents",with Jie Xu and Mihaela van der Schaar,,,Special Issue on "Signal Processing for Social Networks" 8(4) (2014): 717-731

9. "Incentivizing Information Sharing in Networks",with Jie Xu and Mihaela van der Schaar,

10. "Local Obfuscation and Global Manipulation: Information Design in Coordination Games",with Fei Li and Mofei Zhao,

11. "Equilibrium Social Activity during an Epidemic",with David McAdams and Dihan Zou,

12. "Viral Social Learning",with David McAdams,

13. "Optimal Sequence in Teamwork",with Zhuoran Lu,

14. "Supplier Relationship-Specific Investments, Operating Leverage, and Cost of Equity",with Yi Ding, Jin Wang, and Xiaoqiao Wang,

15. "Does Gradualism Build Cooperation? Evidence from a Finitely Repeated Investment Experiment",with Xiangting Hu and Maoliang Ye,

16. "Learning of Actions in Finitely Repeated Games",with Mofei Zhao,

17. "Why Scientists Chase Big Problems/Hot Topics: Individual Strategy and Social Optimality",with Jacob Foster and Carl Bergstrom,