We compare the Electoral College and the popular vote in a stylized two-candidate, three-district election game. Under the Electoral College, the winner of a district acquires all votes of the electorate; under the popular vote, each candidate acquires the votes s/he actually wins in each...

Purpose: This paper discussed possible ways of implementing effective energy conservation and GHG emission reduction measures by providing: the forecasts of mid-to-long term citywide carbon emission rate; and the analysis of potential low-carbon transport solutions. Design/methodology/approach:...

In this chapter, we consider volatility swap, variance swap and VIX future pricing under different stochastic volatility models and jump diffusion models which are commonly used in financial market. We use convexity correction approximation technique and Laplace transform method to evaluate...

Purpose: This paper discussed possible ways of implementing effective energy conservation and GHG emission reduction measures by providing: the forecasts of mid-to-long term citywide carbon emission rate; and the analysis of potential low-carbon transport solutions. Design/methodology/approach:...