How much do the market values of housing reflect its interior design? Does the interior design interact with other housing attributes? By following recent research based on the ¡§graph theory,¡¨ this paper confirms the importance of internal design variables in a hedonic pricing model, which...

This paper examines the spatial dynamics and emerging locational hierarchies of the venture capital (VC) industry in China, largely as a result of the global expansion of VC investors from the US and other advanced economies. Based on a comprehensive database compiled by the author from the best...

China's industry has experienced robust growth under persistent structural reform since 1978. By estimating the stochastic frontier sectoral production function, we find that the TFP growth has exceeded the quantitative growth of inputs since 1992, but the contribution of productivity to output...

The multi-depot vehicle routing problem (MDVRP) is a variant of the classical vehicle routing problem (VRP). Most research on MDVRP and its extensions often do not consider the effect of the freight's weight on the total cost. In this paper, the multi-depot vehicle routing problem with...

This paper contributes to the Evolutionary Economic Geography literature by employing the conceptualization of Ôrelated varietyÕ to compare the emerging internet industry in ChinaÕs two largest city-regions: Beijing and Shanghai. Official website registration records, Alexa internet traffic...

China’s consumption rate is widely believed to be too low. In this paper, we show that official statistics have significantly underestimated Chinese household consumption. First, a lot of private consumption is paid for by companies but cannot be accounted for in official statistics. Second,...

In this paper, we examine the optimal mechanism design of selling an indivisible object to one regular buyer and one publicly known buyer, where inter-buyer resale cannot be prohibited. The resale market is modeled as a stochastic ultimatum bargaining game between the two buyers. We fully...

Managing the food supply chain quality and risk has received significant attention in recent years especially in global emerging markets such as India and China. In this paper, we present a mutually supporting analytical model and exploratory case to study the managerial and policy issues...

Herein we report the fast pyrolysis of dried, ground Scenedesmus sp. at two different reactor scales. Pyrolysis was performed at 480 °C and 1 bar in both an isothermal spouted bed reactor and a dynamic pyrolysis-GC/MS unit, each with 2 s vapor residence times. Bio-oil products were...

Quantifying potential renewable energy sources from tourist attractions is a pivotal initial step in developing energy policies and strategies for low-carbon tourist industry development. Although solar energy and wind power have been in use for providing power for tourist attractions, the value...