We consider the problem of a decision-maker searching for information on multiple alternatives when information is learned on all alternatives simultaneously. The decision-maker has a running cost of searching for information, and has to decide when to stop searching for information and choose...

This paper shows that a seller can benefit from strategically “demarketing” its product, meaning visibly suppressing marketing efforts to reduce demand. Demarketing lowers expected sales ex ante but improves product quality image ex post, as the market attributes good sales to superior...

Chapter 1. The era of sharing economy -- Chapter 2. Research Object of Sharing Economics -- Chapter 3. Research Methods of Sharing Economics -- Chapter 4. The Theoretical Basis of Sharing Economics -- Chapter 5. The Connotation and Category of Sharing Economics -- Chapter 6. The Goals and...

FinTech, the merging of finance and modern Internet-based technology, has rapidly presented itself as a disruptor to traditional business financing, notably in the form of crowdfunding and Peer-to-Peer (P2P) lending. In this paper, we examine the determinants of the use of FinTech finance by...

Using a sample of hi-tech Chinese small and medium-size enterprises (SMEs), we compare financing costs for family and nonfamily firms. We find that family SMEs enjoy relatively lower average financing costs through mitigating agency problems, the provision of greater collateral, and the reliance...

The four well-designed porphyrin derivatives are synthesized with different electronegativity groups at the meso-substituted phenyl groups to turn the built-in electric field of the porphyrin molecules. Among them, the meso-tetrakis(meta-hydroxyphenyl) porphyrin (mTHPP) with largest diploes is...