Since high temperature superconducting magnetic energy storage system (HT SMES) has attracted significant attention for their fast response in milliseconds, high efficiency (cyclic efficiency over 95%) and unlimited times of charging and discharging cycles, it can be used for system stabilizing...

Over the last 30 years, the Chinese government has invested in new industrial parks with the intent of stimulating urban economic growth. The central government delegates the site selection decision to provincial leaders. A principal-agent issue arises because the central government prioritizes...