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The behavior of institutional investors often deviates from established personal or social norms; this deviation may reflect either an informational advantage or a psychological bias. In this paper, we investigate the reasons Chinese mutual funds hold lottery-type stocks, which are characterized...
Persistent link: https://www.econbiz.de/10011094402
Continuous opinion dynamics in a group-based population with heterogeneous bounded confidences is considered in this paper. A slightly modified Hegselmann–Krause model is proposed, and agents are classified into three categories: open-minded-, moderate-minded-, and closed-minded-agents, while...
Persistent link: https://www.econbiz.de/10011117834
The composition and manufacturing process of a three-layer anticorrosive cool coating for oil storage tanks are introduced. The optical, indoor thermal and physicochemical properties were systematically investigated. In addition, the outdoor cooling effect and the reduction of evaporation losses...
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Purpose– After loan interest rate upper limit deregulation in October 2004, the financing environment in China changed dramatically, and the banks were eligible for risk compensation. The purpose of this paper is to focus on the influence of the loan interest rate liberalization on firms’...
Persistent link: https://www.econbiz.de/10010891199
Animal waste from concentrated animal feeding operations (CAFOs) is a significant contributor to the nitrate contamination of groundwater. Some manures also contain heavy metals and salts that may build up either in cropland or groundwater. To find cost-effective policies for pollution reduction...
Persistent link: https://www.econbiz.de/10010916657
Dairy United is one of China’s fastest-growing and most innovative milk producers. Dairy United’s unusual business model has propelled it from underdog to main player during the industry's reshuffle after the 2008 Chinese milk scandal. Instead of making farmers shareholders of the company,...
Persistent link: https://www.econbiz.de/10011068652
Purpose – The purpose of this paper is to investigate the determinants of pork consumption in urban western China and the different consumption patterns across income strata with respect to income elasticity and price elasticity of demand. Design/methodology/approach – The double-hurdle...
Persistent link: https://www.econbiz.de/10011145163