Using earthquake as an example, I investigate how risk perception affects household consumption with China Urban Household Survey data and Baidu index dataset. The empirical results show that consumption expenditure per capita drops by 25.2 yuan as the local search index of “earthquake”...

Critical cross-border issues have emerged during the COVID-19 pandemic, especially pertaining to security, supply chain, and education, which has led to several new challenges for management. The balance between potential risks and economic benefits has attracted the attention of both industry...