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This paper investigates the price and service rate decisions in a customer-intensive service in an M/M/1 queue system under the influence of social interactions, where a higher value of the service is perceived if more customers purchase the service. The customer-intensive nature of the service...
Persistent link: https://www.econbiz.de/10012175910
The price of Bitcoin reached its peak a mere few days after the introduction of Bitcoin futures and suffered an 80% loss in the following year. In this paper, we find a significant and negative relationship between the introduction of Bitcoin futures and Bitcoin returns, and an insignificant or...
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Convertible bonds are an important segment of the corporate bond market, however, as hybrid instruments, convertible bonds are difficult to value because they depend on variables related to the underlying stock, the fixed-income part, and the interaction between these components. Besides,...
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There are lots of research about how to motivate employees to innovate. However, there are still pros and cons about whether financial rewards can motivate employees to innovate. Moreover, previous studies tend to analyze R&D employees, who have specific innovation functions within the...
Persistent link: https://www.econbiz.de/10014080355
In this paper, we propose and analyze Adaptive Projected Gradient Thresholding (APGT) methods for finding sparse solutions of the underdetermined linear system with equality and box constrains. The general convergence will be demonstrated, and in addition the bound of the number of iterations is...
Persistent link: https://www.econbiz.de/10013239813
After China's accession to WTO in 2001, it has substantially reduced its own import tariffs, and since then the participation of China’s various industries in global value chains have all deepened steadily(GVC afterward). The traditional wisdom about import tariff is that proper levels of...
Persistent link: https://www.econbiz.de/10014353250