In this paper we use the Kaminsky-Lizondo-Reinhart (KLR) [Kaminsky, G., Lizondo, S., Reinhart, C., 1998. Leading Indicators of Currency Crises. International Monetary Fund Staff Papers 45, 1-48.] approach to conduct an ex-post study of the probabilities of China suffering a currency crisis...

It is well recognized that the left turn reduces the intersection capacity significantly, because some of the traffic lanes cannot be used to discharge vehicles during its green phases. In this paper, we operationalize the phase swap sorting strategy (Xuan, 2011) to use most, if not all, traffic...

This paper investigates the capacitated lot sizing problem in closed-loop supply chain considering setup costs, product returns, and remanufacturing. We formulate the problem as a mixed integer program and propose a Lagrangian relaxation-based solution approach. The resulting Lagrangian...

This paper investigates the structural changes of volatility spillovers between Chinese A-share and B-share markets induced by a regulation change on February 19, 2001, that allowed Chinese domestic investors to trade in the B-share market. The empirical results of the study, using...

Banks are important for mobilizing savings and then channeling those funds to productive investment projects. While providing these and other services that contribute to economic growth and development, banks take on various types of risks with the expectation that the return they receive will...

Modeling diffusion processes, such as drug deliver, bio-heat transfer, and the concentration change of cytokine for computational biology research, requires intensive computing resources as one must employ sequential numerical algorithms to obtain accurate numerical solutions, especially for...

During the last decade, commercial banana cropping has spread widely and rapidly in tropical China. In the present study, we focus on a Dai village to identify how villagers adopted commercial banana cropping and examine the conditions that might sustain this change. The results show that the...

In this paper, we report a replication of Engel’s (Exp. Econ. 14(4):583–610, <CitationRef CitationID="CR10">2011</CitationRef>) meta-study of dictator game experiments. We find Engel’s meta-study of dictator game experiments to be robust, with one important exception: the coding of the take-option (List in J. Polit. Econ....</citationref>

In advancing discrete-based computational cancer models towards clinical applications, one faces the dilemma of how to deal with an ever growing amount of biomedical data that ought to be incorporated eventually in one form or another. Model scalability becomes of paramount interest. In an...

Policy-makers world-wide have proposed a new contract – the “social impact bond” (SIB) – which they claim can allay the underperformance and underfunding afflicting not-for-profit sectors, by tying the private returns of (social) investors to the success of social programs (Bolton 2010;...