In this paper we investigate the effects of informed trading (PIN) and information uncertainty in determining price momentum. We find that trading strategies based on buying high-uncertainty good-news stocks and shorting high-uncertainty bad-news stocks work well when limited to high-PIN stocks,...

In this paper we highlight the water scarcity and resource depletion in the North China Plain, the 'breadbasket' of China. A projection of water demand in the region indicates a continuous aggravation in water deficit in the coming years. Analyses of countermeasures on the supply and demand side...

ICE (Industrial carbon emission) is one of most important sources of anthropogenic carbon emissions. To reduce the carbon emissions, many countries, particularly China, have adjusted their industrial structures and improved energy efficiency. The complete decomposition technique and decoupling...

This paper develops an integrated modeling approach combined with a top-down dynamic computable general equilibrium (CGE) model and a bottom-up bio-economic model (BEM) to study the economic impact of a total water use control policy in the Heihe river basin, northwestern China. The integrated...

This study develops a complex system dynamics model (SD) reflecting interactions between water resources, Environmental Flow (EF) and socio-economy using SD software package “Vensim PLE”. The proposed model is employed to assess socio-economic impacts of different levels of EF allocation in...

The conflict between increasing water demand and limited water resources has become a serious threat to oasis regions in China. Solutions to water scarcity have to curb overall water demands, especially reducing agricultural water use. Price control and quantitative control are the two most...