Many products have similar or common attributes and are thus correlated. We show that when these attributes are uncertain for consumers, a complementarity effect can arise among competing products, in the sense that the lower price of one product may increase the demands for the others. This...

Purpose: While tourism e-commerce develops rapidly in China, these channels are truly new to both web providers and web consumers, understanding the nature of these media attaches greater importance. This study investigates the mediation effects of flow experience on the relationship between...

In 2016 the Chinese government initiated a nationwide campaign aiming to eliminate poverty in China by 2020. Over 20% of listed firms in China have made significant contributions to the campaign. Using hand-collected data on listed firms' contributions to the campaign and multivariate analyses,...

Purpose: While tourism e-commerce develops rapidly in China, these channels are truly new to both web providers and web consumers, understanding the nature of these media attaches greater importance. This study investigates the mediation effects of flow experience on the relationship between...

Applying previous theoretical predictions on herding and market signals, we examine mutual fund herding from a perspective of anticipated risks and risk shocks. Funds herd when expecting risk but scatter as risk strikes surprisingly. We measure fund herding using cosine similarity of...

The deformation behavior of the β o (ω o ) phase in a Ti 4 Al 3 Nb alloy is investigated based on in-situ high energy synchrotron X-ray diffraction (HEXRD) and ex-situ Gleeble tests. Constrained plastic deformation occurs prior to failure in samples compressed below 800 ℃. The ω o phase...

Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its financial market to foreign competition by 2006. Efficiency is key for domestic banks to survive in a liberalised environment, but it appears that the last hope for raising bank...