This paper proposes a new hierarchical economic information filtering model for vendor selection, consisting of three phases in which leading enterprises select their vendors, namely, the phase of collecting and releasing information, the phase of selecting vendors and the phase of dynamic...

Inventory pledge financing is the core mode of logistics and supply chain finance in China, which can effectively solve financial bottlenecks in supply chains and has significant scope to develop. However, it is seriously constrained by the level of risk control. Given the randomly fluctuant...

Many models have been developed to forecast wind farm power output. It is generally difficult to determine whether the performance of one model is consistently better than that of another model under all circumstances. Motivated by this finding, we aimed to integrate groups of models into an...

In the increasingly globalized economy these days, the major crude oil markets worldwide are seeing higher level of integration, which results in higher level of dependency and transmission of risks among different markets. Thus the risk of the typical multi-asset crude oil portfolio is...

We investigate the effects of downstream firms’ managerial incentives on upstream collusion. Downstream profit-and-revenue incentive schemes make upstream manufacturers easier to collude than a pure-profit incentive scheme does when retailers compete in prices. However, the opposite occurs...

Energy intensity reflects energy usage efficiency of an economy, in the process of production and consuming of economic output. Why does energy intensity fluctuate in China? In this paper, we explores the distortion of different energy prices, the change of energy structure, technological and...