Lightweight envelopes are widely used in modern buildings but they lack sufficient thermal capacity for passive solar utilization. An attractive solution to increase the building thermal capacity is to incorporate phase change material (PCM) into the building envelope. In this paper, a...

The introduction of new products is an important method of competition in many markets. Towards understanding its impact on competition and welfare, this paper estimates the effects of Crystal Pepsi being introduced by PepsiCo. Estimating a structural model of the soft drink market, the...

The thermal performance of a south-facing direct-gain room with shape-stabilized phase change material (SSPCM) plates has been analysed using an enthalpy model. Effects of the following factors on room air temperature are investigated: the thermophysical properties of the SSPCM (melting...

This paper examines the effectiveness of the “end of double taxation” (on dividends) policy in stabilizing an economy. Both announced and unannounced policies are considered. A reduction in double taxation stimulates investment and improves welfare, but its impact on output is moderate and...

Based on database of ecological factors and geographic information space analysis method, we analyzed suitability of Wolfiporia extensa (Peck) Ginns producing regions, in the hope of providing reference for scientific zoning and cultivation. Ecological factors we analyzed mainly include...

We explore the possibility that a housing market boombust cycle may arise when public beliefs are driven by news shocks. News, imperfect and noisy by nature, may generate expectations that are overly optimistic or pessimistic. Overoptimism easily leads to excessive accumulation of housing assets...

This paper analyzes the interactions between labor and housing (and land) markets in a city. We develop a monocentric city model involving land development and frictional unemployment and characterize the city's spatial configurations in equilibrium. To better understand the properties of...

type="main" <title type="main">ABSTRACT</title> <p>We propose an urban search-matching model with land development. Wages, unemployment, prices of housing and land are endogenously determined. We characterize the steady-state equilibrium and then discuss the issue of efficiency. To explore interactions among markets, we...</p>