Recent years have witnessed a rapid growth in the mass adoption of vehicle sharing systems across the world. Among various vehicle sharing systems, electric vehicle (EV) sharing is considered as the most effective means in reducing fossil fuel consumption and alleviating urban transportation...

We study the dynamic relationship between movements in consumer confidence and equity prices. By conducting the level OLS tests, we have observed a strong contemporaneous relationship between consumer confidence and equity prices. A further VAR analysis justifies that one time lag S&P 500 return...

Problem definition: With the emergence and growth of e-commerce, e-retailers are challenged to provide faster and more cost-effective last-mile delivery by crowdsourcing independent drivers (IDs). To mitigate the risk of insufficient ID supply, retailers such as Amazon, Walmart, and other...

In merger and acquisition (M&A), we find strong evidence that within a 90 day window of a deal announcement date, analysts are more likely to upgrade their recommendations over the acquirer stocks in deals with cash only payment compared to deals with pure stock payment. To disentangle the means...

This paper utilizes a unique county-level dataset to examine technical efficiency and technology gap in China’s agriculture. We classify the counties into four regions with distinctive levels of economic development, and hence production technologies. A meta-frontier analysis is applied to the...