Generalized eigenvalue problem (GEP) plays a significant role in signal processing and machine learning. This paper proposes a consensus-based distributed algorithm for GEP in multi-agent systems, where data samples are distributively stored across agents. The distributed GEP is reformulated as...

This paper investigates the operations of a novel service mode, mobile charging, whereby a for-profit platform operator arranges vehicles equipped with charging piles to deliver charging to customers' electric vehicles in low-battery levels. We model the platform-customer interaction with a...

Since China proposed building a national park system in 2017, the establishment of a planning system for nature reserves, with national parks as the main body, is being actively promoted around the country. Among them, scientific ecological space management and control zoning (ESMCZ) is an...

Ride-hailing service is becoming more plausible and poses a substantial threat to taxi service. Yet how to supervise ride-hailing service has not been adequately studied. In this paper, we adopt regulated price and entry restriction to regulate the ride-hailing service to satisfy the coexistence...

The authors provide a reasonably user‐friendly and intuitive model for arriving at a company's optimal, or value‐maximizing, leverage ratio that is based on the estimation of company‐specific cost and benefit functions for debt financing. The benefit functions are downward‐sloping,...

Energy policies in China, including adopting renewable energy and thermal efficiency improvement, are expected to reduce carbon emissions associated with energy production. This study estimates the effects of energy choices on CO2 emissions and CO2 intensity using panel data for 2,741 counties...

This study examines the short- and long-term health consequences of prenatal exposure to air pollution by combining child health data from an original survey created in collaboration with the Air Pollution Index (API) from official Chinese statistics. We found that prenatal exposure to air...

We estimate firm-specific marginal cost of debt functions for a large panel of companies between 1980 and 2007. The marginal cost curves are identified by exogenous variation in the marginal tax benefits of debt. The location of a given company's cost of debt function varies with characteristics...

We study optimal capital structure by first estimating firm-specific cost and benefit functions for debt. The benefit functions are downward sloping reflecting that the incremental value of debt declines as more debt is used. The cost functions are upward sloping, reflecting the rising costs...

It has been generally recognised that the turbulent dispersion force plays an important role in interphase momentum transfer. However, the effect of the added mass stress on the momentum and mass transfer in bubble column bubbly flow has not been addressed appropriately. As the turbulent eddies...