Power cable engineering is a critical method for urban power supply, and ductbank laying of cables is a way of underground cable lines. Considering the cost and construction, MPP pipes with poor heat dissipation performance are often used in ductbank. Many cables are arranged densely in the...

Power cable engineering is a critical method for urban power supply, and ductbank laying of cables is a way of underground cable lines. Considering the cost and construction, MPP pipes with poor heat dissipation performance are often used in ductbank. Many cables are arranged densely in the...

This paper analyses a game theoretic model of tax competition in a system where tax authorities are revenue optimisers and countries are differentiated by size. The model accommodates more than two countries. In equilibrium, larger countries set higher tax rates non-cooperatively. By applying...

This paper analyses a game theoretic model of tax competition in a system where tax authorities are revenue optimisers and countries are differentiated by size. The model accommodates more than two countries. In equilibrium, larger countries set higher tax rates non-cooperatively. By applying...

This paper examines the influence of external information on their purchase behaviour of GM food. Data are gathered from auction experiments. The results show that external information affects the purchase behaviour of consumers. Participants who receive single negative information from...

Environmental regulation greatly increases the external transformation demands on heavily polluting enterprises. To respond to these demands, the remolding of and innovation in business models can be realized through green mergers and acquisitions (M&As), which have become a strategic choice for...

We study whether and how corporate loan securitization through collateralized loan obligations (CLOs) has changed the nature of bank lending relationship. We use a large dataset of CLO collaterals to identify securitized loans and the relationship lenders. We show that even if a relationship...

We study whether and how corporate loan securitization through collateralized loan obligations (CLOs) has changed the nature of bank lending relationship. We use a large dataset of CLO collaterals to identify securitized loans and the relationship lenders. We show that even if a relationship...

I study the asset pricing implications of cumulative prospect theory on portfolio discounts. I extend Barberis and Huang (2008) and show that a portfolio consisting of lottery-like stocks should trade at a discount due to diversification. This discount can be partially mitigated if lottery-like...