Since the electricity market reforms of 2002, two large-scale power shortages, one occurring in 2004 and one in 2011, exerted a tremendous impact on the economic development of China and also gave rise to a fierce discussion regarding electricity system reforms. In this paper, the background and...

In this paper, a high effective up-conversion luminescence agent (Er3+:Y3Al5O12) is synthesized by sol–gel method, and then its corresponding visible-light photocatalysts (Er3+:Y3Al5O12/Pt-KNbO3) are successfully prepared by hydrothermal and direct mixing methods. For comparison,...

China has shown growing interest in market-based CO2 pricing and is expected to establish a nationwide emission trading system by 2016. This study investigates the implications of CO2 price for China’s power sector decarbonization up to 2050, incorporating different scenarios of fuel prices...

In mammals, the circadian clock is driven by multiple integrated transcriptional feedback loops involving three kinds of central clock-controlled elements (CCEs): E-boxes, D-boxes and ROR-elements. With the aid of CCEs, the concentrations of the active proteins are approximated by the delayed...

"Using daily returns on a set of hedge fund indices, we study (i) the properties of the indices' conditional density functions and (ii) the presence of asymmetries in conditional correlations between hedge fund indices and other investments and between hedge fund indices themselves. We use the...

Economists commonly control for neighborhood indicators, such as median income, in underwriting models that test for redlining. Many such indicators are highly correlated with neighborhood racial composition and therefore have the capacity to "explain away" the role of race in lending decisions....

Global supply chains (GSCs) are confronted with the phenomenon of hyper-competition. For this reason there seems to be an increasing necessity for GSCs to build up competitive advantage in order to survive. Strategic flexibility is assumed to have positive effects on generating required...

Firms tend toward local search when they continue to build on own technological knowledge. Therefore, technological exploration has usually been associated with some form of boundary spanning activities. In line with previous research this study focuses on organizational or external...

This paper investigates the impact of diversity on corporate philanthropy. Compared to previous studies that have considered the influence of board diversity and CEO gender on corporate philanthropy, this study introduces the concept of operational diversity, which is the implementation of...