This paper examines the economic impact of the code-sharing agreement between ATA and Southwest Airlines, the first time Southwest has chosen to enter markets via a code-share alliance rather than direct entry. We examine the impact of complementary code-sharing on incumbent airline's fares and...

We examine the existence and the forms of the magnet effect using transaction files and limit order book of the Korea Stock Exchange. A significant magnet effect exists in all five market microstructure variables (the rate of return, trading volume, volatility, order flow, and order type) when...

This study investigates the impact of headquarters--subsidiary interdependencies on performance evaluation and reward systems in multinational enterprises. Headquarters--subsidiary interdependencies refer to the extent to which headquarters and subsidiaries depend on each other to accomplish...

A devastating Ms8.0 earthquake struck Wenchuan on May 12, 2008, a historical county in Sichuan Province, southwest China, which affected more than half of China. This article makes a comparative study on the pre-earthquake prevention and post-earthquake reconstruction of 14 world-famous...

Earthquake emergency response and rescue (ERR) is a global challenge, but especially in developing countries. As a large earthquake-prone developing country, China’s experiences and lessons in ERR can provide a useful reference for other developing countries. In this article, China’s ERR...

We report a study designed to test whether visitors to virtual exhibition environments are sensitive to patterns of display covisibility. We show that visitors’ assessment of the clarity of presentation of a pictorial theme is associated with the degree of covisibility of member works. We also...

Skill content varies enormously across industries and over time. This paper shows that import competition can explain a significant portion of the variation in various skill measures across manufacturing industries. Industries that face more intense import competition employ more nonroutine...

This paper proposes a theory of competition and customization. When firms allocate their production to both custom-made and standardized products, the fraction of sales from the former will increase in the face of increased competition. Recent surveys conducted by the World Bank on Chinese firms...

Non-homogenous Poisson processes with periodic claim intensity rate are proposed as the claim counting process of risk theory. We introduce a doubly periodic Poisson model with short and long term trends, illustrated by a double-beta intensity function. Here periodicity does not repeat the exact...