Purpose – This research is designed to explore Chinese customers' wine purchasing behaviours and to investigate the effect of country‐of‐origin (COO) information on their wine evaluations. Design/methodology/approach – Data were collected from the shopping malls both in Shanghai and...

This paper studies the consequences of asymmetric litigation costs. Under three differ- ent protocols: static legal process, dynamic legal process with exogenous sequencing and dynamic legal process with endogenous sequencing, solutions are obtained for the litigation efforts and the expected...

This paper studies the consequences of asymmetric litigation costs. Under three differ- ent protocols: static legal process, dynamic legal process with exogenous sequencing and dynamic legal process with endogenous sequencing, solutions are obtained for the litigation efforts and the expected...

Abstract: Colluding firms often exchange private information and make transfers within the cartels based on the information. Estimating the impact of such collusive practices— known as the “lysine strategy profile (LSP)”— on cartel duration is difficult because of endogeneity and omitted...

Abstract: This paper studies cartels’ strategic behavior in delaying leniency applications, a take-up decision that has been ignored in the previous literature. Using European Commission decisions issued over a 16-year span, we show, contrary to common beliefs and the existing literature, that...

The extent to which prices of commodities such as oil and gold affect stock prices of firms engaged in their production, and in the stock market in general, has received attention in both the theoretical and empirical literature with mixed results. Instead of focusing on the direct relation...

A numerical three-dimensional non-isothermal hydrodynamic and thermal modeling based on the unidirectional flow analysis of stratified flow in the circular cross section pipe is developed and tested by experimental data. The model could solve the steady axial momentum equation and heat transfer...

In this paper, the existence and local exponential stability of the almost periodic solutions for recurrent neural networks with mixed delays have been investigated. By applying Dini derivative and introducing many real parameters, and estimating the upper bound of solutions of the system, a...

We present new models for simulating the steady and unsteady transport of pollutant. Then the simple central-upwind schemes based on central weighted essentially non-oscillatory reconstructions are proposed in this paper for computing the one- and two-dimensional steady and unsteady models....