In capturing the famous collapsing case of Easter Island, we set up a model where the society’s ruler has to allocate resources between consumption goods and statue construction. Since the incumbent rulers may be addicted to the glory or pleasure of statue erection, their utility function may...

By examining administrative databases of Taiwan, we find that men significantly outperform women in real estate investment returns. This is in sharp contrast to the previous findings in the literature that women outperform men in the stock market. Other than traditional explanations, we propose...

The existing studies based on the well known rational voter theory analyze voter turnout as the aggregate of individuals' binary choice of to vote or not to vote. However, when people need to travel to vote, the cost associated with different travel modes directly affects their voting decisions....

Purpose: This paper aims to highlight in particular one commercially influential but subtle constituent of China’s mercantilist stratagem – asymmetrical internet access. The wider aim of the paper is to provide a solid basis of real-world facts and knowledge to the e-commerce discussions at...