Severe water shortage is unacceptable for water-supply reservoir operation. For avoiding single periods of catastrophic water shortage, this paper proposes a multi-reservoir operating policy for water supply by combining parametric rule with hedging rule. In this method, the roles of parametric...

Firms with a reputation as socially responsible may have an important cost advantage: If workers prefer their employer to be socially responsible, equilibrium wages may be lower in such firms. We explore this hypothesis, combining Norwegian register data with data on firm reputation collected by...

Based on the analysis of main body, decision making and financing mode concerning the supply of public cultural services in rural areas, we divide historical evolution of rural public cultural services in China into three periods: (i) The period from the founding of New China to the period...

A temperature and humidity independent control (THIC) system is a way to regulate indoor temperature and humidity separately through different approaches. Because of this distinction, THIC air-conditioning systems can satisfy the adjustment requirements of indoor temperature and humidity better...

We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...

We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...

We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...

Finite volume method (FVM) is adopted in the present investigation to simulate the temperature and reactant gas velocity distributions in hot filament chemical vapor deposition (HFCVD) diamond film growth inside holes, using a detailed 3D computational model well in accordance with the actual...

We consider $n$ risk-averse agents who compete for liquidity in an Almgren--Chriss market impact model. Mathematically, this situation can be described by a Nash equilibrium for a certain linear-quadratic differential game with state constraints. The state constraints enter the problem as...