The association between social capital and household income has received inadequate attention over the past decade. We examine the role of social capital in household income using three waves of household surveys from 2011 to 2015 in China. Using “local big surname or not” as the...

We study a mechanism design problem where allocation rule is randomized and transfers are contingent on outcomes. A sender reports his private information. An exogenous randomized allocation rule assigns an outcome based on the report. A central planner designs an outcome-contingent transfer to...

In this paper, we study the problem when an unreliable Sender can use a trusted communication device, such as the blockchain system, to combine strategic information transmission with money burning to increase the Sender's reliability. The Sender faces designing a communication with...

Korean Abstract:본 연구는 중국 대도시(베이징과 상하이)에 거주하고 있는 30대~50대 펀드투자 경험 이 있는 개인투자자 400명을 대상으로 펀드투자 현황을 알아보고 개인적 성향(조절초점, 자기통제, 자기과신)과 펀드에 대한...

The continued shift to defined contribution plans and individual investment responsibility has made understanding what motivates individual behavior critical. Using 2010-2016 panel data from the Health and Retirement Study, this paper evaluates how stock market evaluation frequency and...

Purpose With the rapid development of the sharing economy in manufacturing industries, manufacturers and the equipment suppliers frequently share capacity through the third-party platform. This paper aims to study influences of manufacturers sharing capacity on the supplier and to analyze...

Purpose The purpose of this paper is to propose an new online path planning method for porcine belly cutting. With the proliferation in demand for the automatic systems of pork production, the development of efficient and robust meat cutting algorithms are hot issues. The uncertain and dynamic...

Purpose Chinese marketing scholars have been studying marketing channel strategies for the past 20 years. However, the emergence of the internet and the digital economy has led to new marketing channels and practices that question the usefulness of this existing body of research, challenging...

This paper examines the resource mismatch in China's healthcare sector from 2010 to 2019. We use structural efficiency to measure the resource mismatch in the healthcare industry (0.2-0.7). We find that an increase in the proportion of private hospitals decreases the healthcare resource mismatch...