In recent years, criticism of online marketplaces has been incessant because of the widespread presence of counterfeit goods. This study develops an analytical framework to investigate the interactions among an online marketplace, an authentic brand seller, and a counterfeiter of the brand. Both...

This paper empirically investigates the interplay between buyer search behavior and firm pricing strategy in a commodity market where many firms price compete to sell homogeneous products. We use the heterogeneity in buyers’ search costs to explain why a firm offers periodic price discounts...

This study investigated the relationship between a sector-specific Australian Real Estate Investment Trust (A-REITs) and the underlying property assets in its property portfolio. The existing studies have assessed the connectedness/correlation between the A-REITs market and a variety of other...

We propose two Mathematical Programming with Equilibrium Constraints (MPEC) formulations: the MPEC-Sparse and the MPEC-Dense to estimate a class of separable matching models. We compare MPEC with the Nested Fixed-Point (NFXP) algorithm -- a well-received method in the literature of structural...

This paper is on the growth of Hong Kong real estate firms and internationalisation process. It is based on a study by the authors on the impact of globalisation on real estate industry in Singapore and Major Cities in China. The paper uses the OLI framework to explain the factors which affect...

Cryptococcal meningitis (CM) is one of the most common fungal meningitides with high misdiagnosis rates and mortality. Therefore, rapid, accurate, and early diagnosis of CM is essential for successful treatment. In the present study, cerebrospinal fluid (CSF) samples from 69 suspected CM...

This paper examines the sunk cost fallacy as a self-commitment device in mitigating self-control problems and analyzes its implications for contract design. The sunk cost fallacy can lead to over-consumption and escalation of commitment. We show that consumers anticipate the fallacy ex-ante, and...

This paper proposes two novel scoring rules which allow the test-takers to hedge when responding to multiple-choice questions. We randomly assign 2,986 participants in an IQ test into three conditions. In the control condition, participants choose one option, and receive one point for correct...

Due to the high migration capacity in agricultural soil-crop systems, cadmium (Cd) is accumulated in various crops and severely inhibits plant growth. In this study, we showed that, under Cd stress, the plant-symbiotic fungus Metarhizium robertsii reduced Cd accumulation in Arabidopsis thaliana...