Despite numerous studies have been devoted to test the rational expectations hypothesis, as well as the efficient market hypothesis in the housing market since the 1980s, there are still many questions need to be answered. Hence the last decade the intense housing price volatility in China...

In this paper, heat transfer and flow in a lean-to passive solar greenhouse has been studied. A mathematical model based on energy equilibrium and a one-dimensional mathematical model for the unsaturated porous medium have been founded and developed to predict the temperature and moisture...

Based on an analysis of the working principles of the hydraulic variable pitch system of a wind turbine, a novel Petri net model and reliability evaluation method are proposed. First, Petri net theory is adopted to build a model for each discrete state of the operation of the hydraulic pitch...

The issue of frequency stability of microgrids under islanded operation mode and mode transfer has attracted particular attention recently. In this paper, a cooperative frequency control method, which consists of a microgrid central control (MGCC) and microgrid local control (MGLC), is proposed...

Increasing concerns about global environmental issues have led to the urgent development of green transportation. The enthusiasm of governments should encourage the prosperity of the plug-in hybrid electric vehicles/electric vehicles (PHEVs/EVs) industry in the near future. PHEVs/EVs are not...

Bollinger bands are well-known in stock market as a popular technical analysis tool. We found that Black–Scholes stock price model had this Bollinger bands property also. In this paper, we give the proof of this phenomenon, and give a new distribution of a statistics generated by the Bollinger...

This paper studies a newsvendor game in which two substitutable products are sold by two different retailers (newsvendors) with loss-averse preferences. Each loss-averse retailer facing stochastic customer demand and deterministic substitution rate will make an order quantity decision to...

The solar updraft power plant system (SUPPS) is a novel kind of solar thermal application, which uses the fluid buoyancy of the chimney effect to achieve output power. To investigate the impact of a strong ambient crosswind on the system output power through the collector inlet and chimney...

As a representative of many emerging economies, BRICS’ economies have been greatly developed in recent years. Meanwhile, the proportion of energy consumption of BRICS to the whole world consumption has increased. Therefore, it is significant to analyze and compare the energy efficiency among...

This paper investigates the long-run recovery experience of US banks that received capital infusions under the Capital Purchase Program (CPP), a part of the Troubled Asset Relief Program (TARP). Based on a dynamic recovery model, our results show that recovering CPP banks tended to be in better...