This paper investigates saving and retirement behavior using a quasi-hyperbolic discounting model with endogenous labor supply. The behavior of quasi-hyperbolic-discounting consumers is compared with optimal behavior, which is obtained under exponential discounting. The quasi-hyperbolic...

We use the global games approach to study key factors a?ecting the credit risk associated with roll-over of bank debt. When creditors are heterogenous, these include the extent of short-term borrowing and capital market liquidity for repo ?nancing. Speci?cally, in a model with a large...

The pig meat market in Australia is characterized by generic (fresh pork, bacon etc.) advertising. These advertising expenditures are funded from collective levies from pig producers. At the same time, there are extensive brand advertising activities in the pig market. So far, there have been...

The pig meat market in Australia is characterized by generic (fresh pork, bacon etc.) advertising. These advertising expenditures are funded from collective levies from pig producers. At the same time, there are extensive brand advertising activities in the pig market. Impact of advertising on...

In order to explore the feasibility of hybrid renewable energy generation in resource-based areas in China, this paper takes a regeneration city as an example. The technical, economic, and environmental optimization design of the hybrid energy systems for the considered tiny village in Nanyang...

Bio-ethanol as a clean and renewable fuel has gained more attention; however greater energy inputs make a slow progress in industry. Membrane technology has potential in the bioethanol production process as a highly selective and energy-saving separation process. This review presented membrane...