The shape and magnitude of risk preference of China households have rarely been explored due to lack of detailed data on China households’ investment behavior. Using panel data from China Household Finance Survey (CHFS) 2011 and 2013, we intent to investigate the hypothesis of harmonic...

This paper examines the impact of financial development on exporter survival in foreign markets with Chinese firm-level data over the period 1998-2008. We measure financial development using the size, lending efficiency, term structure of bank loans and degree of state intervention in financial...

In this paper, we propose a spreading activation approach for collaborative filtering (SACF). By using the opinion spreading process, the similarity between any users can be obtained. The algorithm has remarkably higher accuracy than the standard collaborative filtering using the Pearson...

We use a structural application of the discrete choice model to investigate how the introduction of a joint audit policy would affect audit market structure and consumer surplus. We perform this policy evaluation by identifying demand fundamentals in a joint audit regime and applying them to a...