Using two-player all-pay auctions, the author fully characterizes the Nash equilibrium under a discrete bidding strategy space. In particular, he shows that under the random tiebreaking rule, the cardinality of the set of Nash equilibrium depends on the parity of the reward size and a continuum...

In this paper, we examine the impact of female Chief Technology Officers (CTOs) on corporate innovation. We find that firms with female CTOs are more innovative (as captured by both patent counts and patent citations) than firms with male CTOs. This effect is more pronounced for firms with a...

With the rapid development of information communication technology and the Internet, information spillover between cities in real estate markets is becoming more frequent. The influence of information spillover in real estate markets is becoming more and more prominent. However, the current...

Purpose - A city is a spatial carrier of innovation activities. Improving the level of urban innovation can play a significant supporting role in building an innovative country. China began to implement the innovative city pilot policy in 2008 and continued to expand the policy into more areas...

Energy transition targets and pathway planning are more important since the declare of carbon peak and carbon neutrality in China. Energy transition is highly relevant with economic and social development, as well as industrial transformation and technological innovation. However, existing...

Energy transition targets and pathway planning are more important since the declare of carbon peak and carbon neutrality in China. Energy transition is highly relevant with economic and social development, as well as industrial transformation and technological innovation. However, existing...

Gender and racial discrimination at work have gradually gained more attention from the public in the recent years. With social movements such as #MeToo and #BlackLivesMatter, people start to reach the consensus that there should be more equality in society; more perspectives from different...

A child's ability to resist temptation is an important non-cognitive skill and associated with lifetime benefits. Using a longitudinal dataset, this study links Chinese preschoolers' delay of gratification to their later scholastic performance during primary education. An empirical investigation...