Critical for international marketers in volatile markets is understanding of factors that influence consumer responses during a product-harm crisis. Applying social psychology concepts of heuristic judgments and attribution theory, the authors study mistrust of non-contaminated but...

Prior work variously ascribes the forward puzzle the low slope in the Fama (1984) regression of the exchange rate change on the forward premium to various model misspecifications or statistical problems with non-stationary forward premia, but no single theory fully succeeds in explaining the...

The forward puzzle is traditionally explained as the presence of a covariance-risk premium (Bansal, 1997), market friction (Huisman et al, 1998) or limits to arbitrage (Sarno et al, 2006). More recently, Liu and Sercu (2007) present evidence consistent with career-risk or fallen-angel...

This paper proposes an extended input-output model on education. Production is divided into two subsystems, the education sector and the non-education sector. The education sector is reflected by both 'monetary flows' and 'student flows.' Second, static and dynamic extended input-output models,...

It is necessary to find the efficient spatial allocation of water conservancy investment of capital construction (WCICC) in practical work of water conservancy in China. This paper analyzes the reasonable allocation structure of WCICC among the nine major river basins in China by using Analytic...

Centrifugal pumps are widely used in cooling water systems to transport cooling water to its users. They are installed in the header line of the feed pipe, constituting a main pump network. The pressure head of the main pumps must be large enough to satisfy the pressure heads of all coolers. The...

Prior research suggests that consumers make trade-offs between two products by focusing more on alignable differences (i.e., the values of the options on the same attributes are different) than on nonalignable differences (i.e., the options have different attributes). The present research...