The comparative dynamics of locally differentiable feedback Nash equilibria are derived for the ubiquitous class of autonomous and exponentially discounted infinite horizon differential games. The resulting refutable implications are intrinsic to the said class of differential games, and thus...

1. Introduction -- 2. Status and characteristics of Chinese family business -- 3. Economic influences of Chinese family business -- 4. Entrepreneurship and family business in China's modernization -- 5. Challenges of family business succession -- 6. Family governance and corporate governance --...

Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values...

1. Introduction -- 2. Household and Family -- 3. Family: economic, social, and educational functions -- 4. Characteristics of the Chinese family system -- 5. Society and family clans in modern China -- 6. Transformation of family clans in modern China and the rise of family enterprises -- 7. The...