In preparation to a potential disaster, cooperation between relief organizations and enterprises is important. Through a suitable framework agreement (FA), relief organizations can reduce a large amount of inventory cost and decrease the social cost (i.e., the sum of deprivation cost and...

In recent years, academics and health and humanitarian organizations are calling for ‘people-centered’ approaches, making beneficiaries’ preferences central to decisions making. While substantial progress has been made in capturing beneficiaries’ needs in resource allocation models, the...

The political debate over the inclusion of refugees frequently revolves around cultural differences, in particular differences pertaining to values, which are suspected to hamper social integration. Sociological accounts of values in principle warrant the assumption that different values promote...

The Chinese central government has adopted a nationwide administrative allocation policy to reduce carbon and sulfur emissions. Using the ZSG-DEA (Zero-Sum Gain Data Envelopment Analysis) approach, this paper evaluates and compares the emission efficiencies of China's provincial CO2 and SO2, and...

Rice can potentially pose serious health risks due to its highly efficient arsenic (As) uptake. Sulfur (S) is not only an essential macronutrient, but it also has the ability to decrease As accumulation. In the present study, a hydroponic experiment was conducted to investigate the mechanisms...

The conventional wisdom that housing prices are the present value of future rents ignores the fact that unlike dividends on stocks, rent is not discretionary. Housing price uncertainty can affect household property investments, which in turn affect rent. By extending the theory of investment...

Several recent studies present evidence of investor misreaction in the options market. Although the interpretation of their results is still controversial, the important question of economic significance has not been fully addressed. Here this gap is addressed by formulating regression‐based...

The conventional wisdom that house prices are the present value of future rents ignores the fact that rents are not discretionary as in dividends on stocks. Housing price uncertainty can affect household property investment, which in turn affects rent. By extending the theory of investment under...

We conduct an analysis of the risk and return characteristics of a number of widely used fixed income arbitrage strategies. We find that the strategies requiring more “intellectual capital†to implement tend to produce significant alphas after controlling for bond and equity market...