This paper employs the evolutionary dynamics driven by the Moran process (a special birth-death process) to investigate endogenous cartel formation from the perspective of stochastic evolution of the underlying industry. A Prisoner’s Dilemma game is derived based on the Cournot competition...

Previous literature omitted marketization process, a distinct phenomenon in transitional China, when the relationship between immigrants and indigenous urban income is investigated. We find that (1) marketization is a key factor of rural-urban harmonization; (2) segmentation of labor market has...

A new approach is developed to measure knowledge spillovers by means of proportion of non-appropriable returns to social returns, assuming no specific forms of production and knowledge functions. It is complicated theoretically, but very simple and practical empirically. Using PWT 6.3, we find...

In the current study, we investigate efficient capital accumulation in a stochastic neoclassical aggregate growth model. The underlying uncertainty is driven by Brownian-motion shocks and the major results do not rely on the specification of production functions. The stochastic balanced path of...

Traditional anode materials have disadvantages like low specific surface area and poor electrical conductivity. Herein, we synthesis MFC anodes using carbonized Chinese dates (CCD). The in-situ N-doped carbon materials exhibits excellent biocompatibility with fast start-up (within one day) and...

Although nuclear fission has been widely used in the field of energy, its research has never been interrupted. The invention of Gas Electron Multiplier (GEM) and its combination with Time Projection Chamber (TPC) detection technology bring many benefits to the multi-parameter correlation...