Informative advertising and persuasive advertising play quite different roles in the efficiency of distribution channels. A recent study observes that a direct channel structure outperforms an indirect one in the presence of advertising competition between manufacturers, assuming that...

Effect of coupling displacement on thermal current of Frenkel-Kontorova (FK) lattices in the underdamped case is investigated by means of numerical calculations. The results indicate that: (i) as the system has less atoms and is symmetric, the coupling displacement can boost up its thermal...

An Ms7.0 earthquake, focal depth 13 km, struck Lushan on April 20, 2013, caused 196 deaths and 21 missing, 13,484 injuries, and affected more than two million people. A field investigation was taken immediately after the quake, and the induced hazards were analyzed in comparison with the...

Negative differential thermal resistance (NDTR) in Frenkel-Kontorova lattices with colored noise is investigated by means of numerical calculations. The results indicate that: (i) as the system has less atoms and is symmetric, the thermal current and heat conductivity becomes bigger with the...

This paper develops a two-period sales model to investigate the competitive effects of purchase-based targeted advertising. In the model, two competing firms gain consumer information during the first period sales, which allows them to target advertising based on consumer purchase history....

Limit orders incur no price impact, however, their execution time is uncertain. We develop several econometric models of limit-order execution times using survival analysis, and estimate them with actual limit-order data. We estimate models for time-to-first-fill and time-to-completion, and for...

Let denote the Gauss-Newton estimator of the parameter ([alpha],[beta]) in the autoregression model Zij=[alpha]Zi-1,j+[beta]Zi,j-1-[alpha][beta]Zi-1,j-1+[var epsilon]ij. It is shown in an earlier paper that when converges in distribution to a bivariate normal random vector. A two-parameter...

This paper develops a method for pricing bivariate contingent claims under General Autoregressive Conditionally Heteroskedastic (GARCH) process. As the association between the underlying assets may vary over time, the dynamic copula with time-varying parameter offers a better alternative to any...