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We extend experience-weighted attraction (EWA) learning to games in which only the set of possible foregone payoffs from unchosen strategies are known, and estimate parameters "separately" for each player to study heterogeneity. We assume players estimate unknown foregone payoffs from a...
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This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export-led growth model. Between Chinese households, we find that the...
Persistent link: https://www.econbiz.de/10010790266
In order to improve profitability, freight forwarding companies try to organize their operational transportation planning systematically, considering not only their own fleet but also external resources. Such external resources include vehicles from closely related subcontractors in vertical...
Persistent link: https://www.econbiz.de/10010776936
With the rapid development of the economy, China is facing pressures caused by traditional energy deficiency and environmental pollution in recent years, which has forced the Chinese government to start to pay attention to the development and utilization of renewable energy (RE). This article,...
Persistent link: https://www.econbiz.de/10010588091
We investigate the detailed, empirical analysis of the statistical properties of the Railway Network of China (RNC) in space L and space G, constructed by geographic coarse graining process. The RNC exhibits similar properties in the cumulative distributions of degree and strength in two spaces,...
Persistent link: https://www.econbiz.de/10010589594
This paper presents game-theoretical models based on a continuous approximation (CA) scheme to optimize service facility location design under spatial competition and facility disruption risks. The share of customer demand in a market depends on the functionality of service facilities and the...
Persistent link: https://www.econbiz.de/10010662580
By comparing the business practices and performance of foreign-invested and local Internet companies in China, this article outlines the important factors that multinational corporations must address to gain competitive advantages in China's e-commerce sector. Specifically, this research...
Persistent link: https://www.econbiz.de/10010572345
A transparent and comprehensive statistical system in China would provide an important basis for enabling a better understanding of the country. This paper focuses on energy intensity (EI), which is one of the most important indicators of China. It firstly reviews China's GDP and energy...
Persistent link: https://www.econbiz.de/10010572814