Research and development (R & D) competition is standard, and it heavily affects patent values. This study captures R&D competition's effects on patent values using game-theory approaches. Cost-reduction patent values increase with technology level and decrease with the competition. Technology...

Environmental pollution, climate warming and other issues have become global issues, and the use of renewable energy as the best way to solve the problem has gradually attracted the attention of all countries. Uncertainty has an important effect on the production of renewable energy. Through a...

Although the innovation effects of carbon trading mechanism (CTM) have attracted considerable concern, there is still a lack of empirical research on how the CTM promotes the efficiency of green innovation in China. Therefore, this paper purposes to investigate how CTM affects the efficiency of...

China's multilevel medical education system generates tremendous physician human capital heterogeneity. This paper attempts to take advantage of the differences level of doctors' human capital to reveal the relationship between healthcare service mismatch and doctors' human capital using the...

This article captures the effects of secondary markets on the durable goods with game theory technology. Firstly, under monopoly in production, secondary markets both improve the producer's profits and extend the market size. Secondly, to improve the profits, the producer launches the secondary...

Collective reputation, such as watches "made in Switzerland", affects the whole industry all over the world. This article highlights the relationship between competition and collective reputation. First, collective quality level depends on firms objectives. Second, the collectively determined...