This paper proposes high-frequency and dynamic indexes to measure institutions’ risklevels. The indexes based on market data, which are constructed through the dynamicfactor copula introduced by Oh and Patton (2018), allow for the evolution ofinterdependency and size among institutions. The...

This paper develops a model to investigate the interaction between policymaking and strategic protest. Protesting citizens demand policy reforms by protesting against the status quo, but differ in their preference for the directions of the reform. The size of the protest informs policymaker...

This book has examined the English law governing participation in crimes and has built a case for abolishing derivative complicity liability. It has been argued that participation (assistance or encouragement) is less harmful and less dangerous than perpetration because it is contingent on the...

Water rights trading is a market-oriented method of allocating water resources and an effective means of improving water resource efficiency. China have implement this pilot policy for 8 years,it is believed that the pilot policy is effective in improving water utilization efficiency, which we...

In this paper, a mechanism model of the coupling of ion migration and fluid dynamics of the heat transfer tube on the secondary side of the steam generator is established. The accuracy of the model was verified, the sensitivity of the migration process of impurity ions to metal corrosion was...

The JRR-3M reactor is a water-cooled plate-type reactor for research. A macro benchmark based on the JRR-3M reactor is established with the Monte-Carlo code RMC and deterministic direct transport code SHARK with accurate and explicit geometry modeling. A series of cases from 2D lattice to 3D...

Insect herbivory on plant leaves is a major determinant of plant fitness, especially the growth and survival of tree seedlings in forests. Leaf size is believed to significantly affect the intensity of herbivory. Studies often assume the relationship between leaf size and herbivory to be...

Frequent occurrences of oil spill accidents have posed a serious threat to ecological system and human health, hence it is imperative to explore new-typed absorbents to clean up high-viscosity crude oil in an environmentally-friendly way. Herein we reported a reduced graphene oxide-wrapped and...

The promotion of gas hydrate formation kinetics through mass transfer enhancement has been an important research topic, for which microparticles have been considered an effective method. In this work, carbon dioxide (CO2) and methane (CH4) hydrate formation kinetics in microparticles are...

This study examines how the financial experience of senior executives influences corporate social responsibility (CSR) performance and reporting activities. With a sample of Chinese listed companies over the period 2009–2018, we find that companies with senior executives with financial...