This paper studies the pricing strategy in the closed-loop supply chain with Nash bargaining when considering fairness concerns and risk aversion. Mainly, the authors argue that behavioral factors (i.e., fairness concern and risk aversion) should be introduced into pricing process. They consider...

The labor relationship is the predominant and fundamental relationship in human society. The regulation of this relationship is the most important to human being’s development.The regulation of the labor relationship is closely linked to personal basic rights and individual destiny.To regulate...

This study investigates the strategic effect of return policies in a dual-channel supply chain, in which a manufacturer can sell products directly to end customers and indirectly via an independent retailer. The manufacturer decides whether to implement a return policy in either the direct or...

On-line portfolio selection is an important and challenging question in computational finance and attracts increasing attention in the machine learning and data mining fields. Previously an on-line portfolio selection strategy called On-Line Moving Average Reversion (OLMAR) (Li et al., 2012)...

Portfolio selection has attracted increasing attention in machine learning and AI communities recently. Portfolio selection using on-line learning method has been extensively investigated previously. Literature about portfolio selection using recurrent reinforcement learning (RRL) is relatively...

The central counterparties dominating the market for the clearing of over-the-counter interest rate and credit derivatives are globally systemic. Employing methodologies similar to the calculation of banks’ capital requirements against trading book exposures, this paper assesses the...

Healthcare in the United States is the most expensive in the world, with real per capita spending growth averaging 4 percent since 1980. This paper examines the role of market power of U.S. healthcare providers and pharmaceutical companies. It finds that markups (the ability to charge prices...

The health care delivery system in China, which is dominated by state hospitals, is being increasingly challenged by public concerns: it is too expensive and too inaccessible, a complaint commonly phrased as "kai bin nan, kan bin gui" in Chinese. As the penetration of for-profit hospitals has...