This paper develops and analyzes a queueing model to examine the role of patient choice on the high rate of organ refusals in the kidney transplant waiting system. The model is an M/M/1 queue with homogeneous patients and exponential reneging. Patients join the waiting system and organ...

This study estimates the elasticities of substitution for China from 1953 to 2006 by the two-level constant elasticity of substitution (CES) production function with three factor inputs: capital stock, labor and energy. A technological change rate and non-constant returns to scale are under...

People exhibit peer-induced fairness concerns when they look to their peers as a reference to evaluate their endowments. We analyze two independent ultimatum games played sequentially by a leader and two followers. With peer-induced fairness, the second follower is averse to receiving less than...