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Suppliers usually worry about losing important customers far away. This study examines the effect of long-distance customers on the supplier's cash holdings in China. We find that firms with long-distance major customers tend to hold more cash holdings. Our results still hold when considering...
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We study a single product pricing problem with demand censoring in an offline data-driven setting. In this problem, a retailer is given a finite amount of inventory, and faces a random demand that is price sensitive in a linear fashion with unknown price sensitivity and base demand distribution....
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Purpose With China’s economic growth slowing down and the growth rate of fiscal revenue decreasing, the pressure on local government debts is further increasing. Under this background, it is of great significance to clarify the relation between local government debts and China's economic...
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