In this paper, we study the generalized expected discounted penalty (Gerber–Shiu) function in a risk process with credit and debit interests. We define Tu,z to be the first time that the surplus process drops below a certain level z from the initial surplus u(z). The time of ruin and the time...

Spontaneous combustion of coal is a natural hazard during mining. In China, more than 60 % of cases of spontaneous combustion of coal in China result from coal pillars in goafs. In this paper, the plastic deformation of a coal pillar was simulated and, based on the simulated vertical and...

In this paper, we investigate whether there is a pollution haven effect, specifically, the effect of environmental regulations on firm location. Our identification uses the Two Control Zones (TCZ) policy implemented by the Chinese government in 1998. The difference-in-differences (DID)...

We study the modeling of large data sets of high frequency returns using a long memory stochastic volatility (LMSV) model. Issues pertaining to estimation and forecasting of large datasets using the LMSV model are studied in detail. Furthermore, a new method of de-seasonalizing the volatility in...

Recent studies have confirmed that store layout influences a shopper’s movement, purchasing behavior, and preference. However, the systematic and quantitative description of the layout of retail stores has been discussed in few studies. The analytic method for describing a layout...

Financial reporting is the cornerstone of financial management. In 1999, the Governmental Accounting Standards Board (GASB) ratified unanimously GASB Statement No. 34. In this paper, using the Georgia Comprehensive Annual Financial Report (CAFR) and interviews with practitioners, we examine the...

Purpose The purpose of this paper is make a significant contribution to the supply chain knowledge system through research on modern supply chain system in China, providing guidance for theoretical research such as methodology of dynamic resource allocation and application of innovative small-...

This study examines the relation between a firm’s business strategy and its corporate social responsibility (CSR) performance. Using a comprehensive measure of business strategy based on the Miles and Snow (Organizational strategy, structure, and process, McGraw-Hill, New York, 1978,...

A novel single-ended travelling wave fault location method applicable to the distribution network with multi-branches is presented in this paper. The method only depends on the arrival times of the initial aerial-mode and zero-mode travelling wave, and it can solve the truncation error problem...