This article presents a trade based theory of casino taxation along with empirical evidence found from Macao as a typical tourism resort. We prove that there is aunique optimum gaming tax in a particular market for casino gambling, argue that any change in this tax is engendered by external...

This paper uses a Markov switching model (MSM) to decompose Macao’s tourism cycle into high and low growth states (HGS, LGS) for the period of 2005Q2–2017Q2. The likelihood of the cycle maintaining HGS is 93% but the risk of staying in LGS is 80%. The Macao cycle is favorably asymmetric,...

Purpose: Despite the various benefits of social networking services (SNSs), users have begun to experience fatigue in recent years, as evidenced by a decline in active user numbers. This relatively new phenomenon has only recently received significant managerial and academic attention. The...

<Para ID="Par1">We consider optimization problems with an objective function that is the sum of two convex terms: one is smooth and given by a black-box oracle, and the other is general but with a simple, known structure. We first present an accelerated proximal gradient (APG) method for problems where the...</para>

How does catastrophe-risk awareness affect selection patterns in catastrophe insurance markets? Catastrophe insurance is often provided by government entities and frequently involves substantial cross-subsidization between people facing very different levels of risk, which could generate adverse...

Exploring and clarifying the value characteristics of the page content of cross-border e-commerce products that attract consumers will help cross-border e-commerce marketers optimize the page content of brand products and improve consumers' purchase intention. Combined with qualitative research...