China’s financial regulatory system is crucial to the global economy, but is little understood. This book surveys and explicates the current status, the development, and planned reform of the Chinese financial supervision and regulatory system in a systematic way. From the shadow banking...

The estimation of the difference between the new competitive advantages of China's export and the world’s trading powers have been the key measurement problems in China-related studies. In this work, a comprehensive evaluation index system for new export competitive advantages is developed, a...

Inspired by self-replicating 3D printers and innovative agricultural and husbandry goods, we study optimal production and sales policies for a manufacturer of self-replicating innovative goods with a focus on the unique “keep-or-sell” trade-off, namely whether a newly produced unit should be...

We study an original equipment manufacturer (OEM) purchasing two inputs for assembly from two suppliers with private cost information. The OEM can contract with the two suppliers either simultaneously or sequentially. We consider both cases in which the OEM has relatively equal bargaining power...

Surge pricing in ride hailing platforms is a pivotal and controversial subject. In this paper, we investigate surge pricing from a temporal perspective; in particular, we highlight the strategic behavior by riders and drivers and that drivers respond to surge pricing much slower than riders. We...

With progress being made in automation control of machine vision, more and more machine vision-based Intelligent Manufacturing Systems (IMS) become applied to production. Nevertheless, the industry is beset by many problems concerning precision, cost, man-machine coordination, and resulting...

Inspired by the electric vehicle (EV) startup NIO which adopts a Battery-as-a-Service (BaaS) model with a swappable battery design and experiments with flexible battery up/downgrading, we study a flexible EV battery lease program where customers lease batteries of their chosen capacities with...

Problem definition. In the US auto market, the California Air Resources Board (CARB) implements a stricter fuel economy standard in California than the federal standard implemented by the US Environmental Protection Agency (EPA). The Trump administration’s 2018 announcement to freeze the EPA...