Competing firms are affected by financial reporting mainly through revealing relevant information. As suggested by recent literature (Bagnoli, et al. 2010), the biased disclosure has impact on the firms' competitive position in a product market setting. So when such information is distorted by...

We develop a model for the evolution of wealth in a non-conservative economic environment, extending a theory developed earlier by the authors. The model considers a system of rational agents interacting in a game theoretical framework. This evolution drives the dynamic of the agents in both...

We present and analyze a model for the evolution of the wealth distribution within a heterogeneous economic environment. The model considers a system of rational agents interacting in a game theoretical framework, through fairly general assumptions on the cost function. This evolution drives the...

We develop a model for the evolution of wealth in a non-conservative economic environment, extending a theory developed earlier by the authors. The model considers a system of rational agents interacting in a game theoretical framework. This evolution drives the dynamic of the agents in both...

Among the large-scale energy storage devices, vanadium redox flow batteries (VRFBs) are one of the most promising candidates. Carbon felt and graphite felt have been widely adopted as electrodes, however, poor electrochemical activities and low specific surface areas have limited their rollout...

The grey relational analysis (GRA) was used to evaluate the 10 sugarcane lines by 13 main agronomic characters. The result showed that the grey correlation degree of self-cultivated lines GNY08-320 (0.7502), GNY08-336 (0.7409), GNY08-186 (0.7369), and GNY08-225 (0.7277) were higher than ROC22...

Firstly, risks in Chinese modern transformation are discussed from the perspective of gap between urban and rural areas and mobility of rural laborers. Secondly, the significant role of migrant works in elimination of risks in Chinese modern transformation is analyzed from two aspects, namely...

Considering the complexity of vegetables price forecast, the prediction model of vegetables price was set up by applying the neural network based on genetic algorithm by using the characteristics of genetic algorithm and neural work. Taking mushrooms as an example, the parameters of the model...

This study provides novel evidence on the magnitude of switching costs in auditing. We use a discrete choice approach to infer switching costs from clients' auditor choices. The demand estimation reveals that switching costs matter and that they differ by the direction with switching from...

As of October 2008, the new amendments to IAS 39 & IFRS 7 were introduced by IASB as a direct reaction to the financial crisis. Since IFRS followers was given the option to reclassify certain financial assets, it partially changes the mark-to-market requirements, and leads to the fair accounting...