This paper investigates the impact of adaptation on a country's incentive to participate in emission-reducing International Environmental Agreements (IEAs) on climate change. We develop a framework where heterogeneity across countries is introduced with respect to the benefits and costs of both...

In this paper, we give the extensions of Peng's g-expectations which are called generalized Peng's g-expectations and investigate their related properties. Furthermore, we prove the stability theorem of generalized Peng's g-expectations.

Although there is a rich literature on internal temporary migration in China, few existing studies deal with the permanent migration decision of China's rural labor. This paper will fill this gap and deal with the permanent migration choice made by rural migrants with the China General Social...

This paper examines the effect of homeownership status on individual subjective wellbeing indicators in urban China using a large nationally representative dataset. It is the first to gauge the relationship between homeownership and individual subjective wellbeing in the setting of China and is...

Using the 2006 wave of the Chinese General Social Survey, the present paper examines the effect of risk attitudes on the likelihood of entrepreneurship in China. Our results show that risk attitudes have a nonlinear effect on the likelihood of being entrepreneurs. Risk neutral people are most...

In this paper, we discuss historical and recent land subsidence in the Modern Yellow River Delta. Integrated analysis of leveling and relevant background data, including groundwater level, oil extraction, and geological structure, has revealed that land displacement is driven by natural and...