How does price sensitivity change with the macroeconomic environment? We explore this question by measuring price elasticity using household-level data across 19 grocery categories over 24 quarters. For each category, we estimate a separate random-coefficients logit model with quarter-specific...

Based on the principal-agent model, the continuous time optimal contract with asymmetric information is studied in the case of competition, cooperation, and neutrality between two agents, and the optimal behavior selection and incentive mechanism of agents are analyzed. The results show that the...

Using a unique data set of Chinese FDI contracts from the 1980s and 1990s, we explore mechanisms of historical persistence in the context of China's unique colonial experience. Using difference-in-difference estimations, we show that there was a tendency for foreign investors to form joint...

"This book covers the implementation of green processes into software systems, contributing novel principles, methodologies, and tools to improve software development by featuring comprehensive and timely coverage on various areas in service strategy and modeling, engineering, and...