We study how organizations can exist to facilitate coordination in a diverse population by mitigating strategic uncertainty. Members of an organization are obliged to take collective actions, which mitigates strategic uncertainty. But some actions may be detrimental to some members, thus...

We study the interaction between the usual inside information (about asset values) and information about its existence (i.e., about the existence of insiders) in an otherwise standard continuous-time Kyle-Back model. Interestingly, only the inside information, conditional on its existence,...

Electrochemical reduction of CO 2 to C2 products provides a promising approach for controlling the global carbon balance and restoring renewable surplus electricity, while the low CO 2 activation property and slow OC-CO coupling rate lead to unfavorable performance on Cu-based catalysts. Here we...

Purpose Travel time at inter-stops is a set of important parameters in bus timetabling, which is usually assumed to be normal (log-normal) random variable in literature. With the development of digital technology and big data analytics ability in the bus industry, practitioners prefer to...