Purpose: This study explores the effective regulation of institutional investor's encroachment behavior in stock market. Given the theoretical and practical importance, the present study examines the effect of the self-adaptive regulation strategy (adjusting the regulation factors such as...

Recently, various environmental problems have been generated with the rapid economic development in China. That's because China currently over-emphasized economic development beyond environmental issues; therefore, now it is important to enforce optimal environmental policies in order to achieve...

Increasing scarcity of freshwater resources and growing environmental awareness give rise to the use of reclaimed wastewater as an additional source of water supply. However, the amount of wastewater that can be reclaimed for reuse is subject to many factors, ranging from technical possibility...

Under the bounded rationality assumption, a principal rarely provides an optimal contract to an agent. Learning from others is one way to improve such a contract. This paper studies the efficiency of social network learning (SNL) in the principal-agent framework. We first introduce the...