Transshipment is an effective method for reducing mismatches between supply and demand among retailers. Consumers attempting to purchase out-of-stock items may wait for transshipment, purchase at another store, or choose not to buy. In this paper, the consumer behavioral heterogeneity is...

Accurate predictions of hourly PM2.5 concentrations are crucial for preventing the harmful effects of air pollution. In this study, a new decomposition-ensemble framework incorporating the variational mode decomposition method (VMD), econometric forecasting method (autoregressive integrated...

Transshipment is one of the most effective policies to reduce the mismatch between supply and demand. Consumers show distinguished behaviors when facing stockout: some may accept transshipped items, some may search in another store by themselves, and others may give up buying. We define the...

Key Features:Income disparity is a hot topic in the 21st century. This book reflects the latest developments of economic growth and income disparity with case studies of 11 countries. It reveals how serious is the inequality, where inequality comes from and how to deal with these issuesThe book...

The standard test for the pricing role of aggregate idiosyncratic risk in the conventional predictive regression considers aggregate total idiosyncratic risk a reasonable proxy for its undiversified component, which should be priced as theory suggests. However, when the priced component is...