This paper estimates bargaining power in vertical relationships and simulates vertical mergers, and does so using limited data in the yogurt industry. Vertical mergers promote efficiency by eliminating double marginalization and lowering upstream rival wholesale prices, but harm welfare by...

The elimination of mercury from polluted water using an effective, cost-economic, and sustainable method was investigated in this work. A modulated multilayer magnetic Hg2+ cleaner was prepared with a self-assembly engineering that permitting the robust anchoring of CuxS nanocluster onto a...

This paper is intended to assess the primary effects on cost, utilization and quality of care from payment reform of capitation and open enrollment in Changde city, Hunan Province of China. Open enrollment policy was introduced to deal with possible cream skimming associated with capitation....

The Bohai Economic Rim plays an important role in supporting China’s economic growth. For this research, we selected nine main ports in the region to study whether intra-port competition or corporatization would improve efficiency. Using a panel fixed effect model and stochastic frontier...