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Non-saturated markets such as high-tech markets are attracting more and more eco-conscious consumers. Their utility can be increased by firms’ investment in carbon reduction, so the overall demand can be expanded without intensifying the market competition too much. In this paper, we build a...
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Catastrophe insurance is an important element of disaster management. Yet the historic presence of inequalities in insurance, from redlining to pricing disparity, has had a devastating impact on minority communities. While the fairness of insurance ratemaking has been studied in general, we...
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As resources dried up and technology developed, human beings began to consider the possibility of asteroid mining. Space resources should be shared by all of the mankind, thus raising concerns about global equity among asteroid mining stakeholders. In the first part we redefine the global equity...
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An experimental study has been conducted to investigate the characterisitcs of subsonic steam jet condensation pressure oscillations in the ranges of steam mass flux 50-90 kg/m 2 s, water temperature 20-90 ℃ and vessel pressure 0.1-0.4 MPa. High frequency dynamic pressure and high speed images...
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