We experimentally explore decision-making under uncertainty using a framework that decomposes uncertainty into three distinct layers: (1) physical uncertainty, entailing inherent randomness within a given probability model, (2) model uncertainty, entailing subjective uncertainty about the...

English Abstract: What drives regulatees' behaviors when the institution of law is weak? This study seeks to answer the question by examining environmental regulation enforcement in China. Based on survey and interview data on Hong Kong-owned manufacturing enterprises in the Pearl River Delta...

This paper examines how regulation functions in China’s dynamic authoritarian setting through the study of changes in political and social influences on environmental enforcement in Guangzhou city between 2000 and 2006. The paper finds that a form of 'decentered regulation' has developed in...

We experimentally explore decision-making under uncertainty using a framework that decomposes uncertainty into three distinct layers: (1) physical uncertainty, entailing inherent randomness within a given probability model, (2) model uncertainty, entailing subjective uncertainty about the...

We propose simple behavioral definitions of comparative uncertainty aversion for a single agent towards different sources of uncertainty. Our definitions allow for the comparison of utility curvature towards different sources if the agent's choices satisfy subjective expected utility towards...

Controlled-release urea (CRU) was regarded as a kind of promising fertilizer, which can meet the nitrogen (N) demand of crops over the entire growing period by gradually releasing N nutrient, and could decrease N losses. Evaluating the comprehensive application effects of CRU on the maize yield...