This thesis consists of two essays analyzing related topics. The first essay investigates the role of search cost in electronic markets. It is the first to introduce product specificity to a search model which allows us to study both short term and long term effects of reducing search cost. It...

Effective suspension and settling are critical for controlling biomass retention in a bioreactor. In this paper, a multi-fluid model with kinetic theory of granular flow (KTGF) was established to describe these phenomena in the biowaste particles flow in anaerobic digesters. Solid retention time...

Department: Statistics.

As one of the important developing countries, China has experienced a tremendous amount of economic growth in the past 30 years. This in turn has attracted a huge amount of foreign direct investment (FDI) into the country. However, according to past literature, FDI location is imbalanced in...

Motivated by existing evidence of individual investors' gambling preference in U.S. stock market (Kumar, 2009), this paper investigates characteristics of lottery-type stocks and individuals' gambling preference in China's stock market. Based on the practice situation of China's stock market,...