The growing demand for electricity, coupled with increased efficiency requirements, creates new opportunities for the development of demand-side management systems. Here we describe an approach for load allocation among different classes of device. We adopt the concept of strategic choice to...

China's state planned land use system, including regulations such as setting planned quotas for land use, basic cropland preservation, and pursuing a balance between the conversion of arable land into non-agricultural use and the supplement of new agricultural land, has substantially constrained...

Metallic biomaterial, as a kind of composite materials, has been applied extensively in medical field due to its mechanical advantages and biological affinity. The sol–gel technique, as a new method to prepare the hydroxyapatite (HA) coating, has a lot of advantages. Therefore, the principle,...

Corporate finance theory holds that risk management increases firm value by reducing the costs of financial distress, agency costs, and taxes. This hypothesis is examined by conducting empirical research on Chinese listed firms. Unlike previous studies, which focused mainly on the corporate...

This research investigated the link between ethical leadership and performance using data from the People's Republic of China. Consistent with social exchange, social learning, and social identity theories, we examined leader-member exchange (LMX), self-efficacy, and organizational...

Analytical tractability is one of the challenges faced by many alternative models that try to generalize the Black-Scholes option pricing model to incorporate more empirical features. The aim of this paper is to extend the analytical tractability of the Black-Scholes model to alternative models...

The paper estimates how parents adjust bride-prices and land divisions to compensate their sons for differences in their schooling investments in rural China. The main estimate implies that when a son receives one yuan less in schooling investment than his brother, he will obtain 0.7 yuan more...

The limitation of liability (known as financial caps) of the ship owner has a long tradition in maritime law in general and in the marine oil pollution compensation regime in particular. This paper uses the economic instrument to critically analyze such a mechanism, in order to answer the...