We incorporate emission into a general equilibrium model with rich dispersion in productivity among monopolistically competitive plants. Emission is modeled as a by-product from goods production. An abatement technology is available to the plants for reducing emission. We compare an emission tax...

This paper studies and compares the welfare effects of emission taxes and emission standards in a general equilibrium model with two sectors in which plants can freely enter and exit. In one of the sectors plants differ in their productivity, produce differentiated goods, and generate emissions...

We provide a competing theory of why financial intermediaries securitize their assets. We build a dynamic general equilibrium model of bank competition in which banks face a trade-off between the lending rate and the number of potential projects. Competing for projects, banks decrease their...

To address the challenge of minimizing the risk of irrational investment decisions made by investors in the face of wealth fluctuations, this article incorporates prospect theory and disappointment theory into the framework of multi-objective portfolio selection. The proposed portfolio selection...

Fracture mouth temporary plugging and diverting fracturing (TPDF) technology refers to the use of self-degradable diverters to plug the previously created fractures, the wellbore pressure can be enhanced and the injection fluids can be diverted into the under-stimulated zone, thus the overall...

The carbon dioxide (CO2) hydrate formation kinetics with the addition of surfactants sodium dodecyl sulfate (SDS) and dodecyltrimethylammonium chloride (DTAC) are studied in silica gel (SG) particles, which can greatly enhance gas–water mass transfer. Experiments are implemented with varied SG...