We (re)evaluate the general-equilibrium effects of (environmental) policies from the perspectives of input-output networks and firm dynamics. Using China's carbon emission trading system (ETS) as an example, we find that ETS leads to more patent applications, especially the ones associated with...

This paper studies how the carbon emission trading system (ETS) pilot policy announced in 2011 affects firm dynamics, including entry, exit, and innovation. Using a difference-in-difference-in-differences empirical strategy, we find that in pilot cities, in targeted sectors, and after the policy...

In the past decade, television broadcasters have been investing a huge amount of money for the Belgian Pro League broadcasting rights. These companies pursue an audience rating maximization, which depends heavily on the schedule of the league matches. At the same time, clubs try to maximize...

In competitive sports, the design of an effective ranking system attracts increasing interests. For sports with 2-way results, the Bradley-Terry model has proven to be an effective approach. However, a well-known limitation of standard Bradley-Terry models is that they cannot be applied to...