Integrating market structure and supervisory efficacy: A game-theoretic model of strategic greenwashing in ESG governance
June 2026
As environmental, social, and governance (ESG) factors increasingly influence capital flows and market competition, strategic greenwashing behavior by firms seeking to meet stakeholder expectations...
Impact of Knightian uncertainty on optimal government taxation and debt
June 2026
The challenges of fiscal sustainability are often faced by most governments during the period of expansionary policies. As primary sources of fiscal revenue, tax and debt are essential for ensuring...
Climate adaptation economics: Bibliometrics, methods, and mechanisms
June 2026
Climate change poses significant challenges to ecosystems, economic development, and human health, positioning adaptation as a critical component of global climate risk management. Here we provide a...
When carrots meet sticks: Reverse carbon leakage driven by carbon regulation conflicts
June 2026
Carbon leakage traditionally refers to the relocation of production to less-regulated regions to reduce carbon costs, which has prompted the adoption of additional carbon regulations such as carbon...
Limited participation under ambiguity of correlation and drifts in continuous time
June 2026
This study investigates how ambiguity surrounding correlation coefficients and drift rates influences individual trading behavior in a continuous-time model. We derive decision-making processes under...
How to avoid monopoly: Connectivity and market share
June 2026
We consider dynamic competition between two platforms in a market with network externalities. In a framework with exogenous connectivity, there exists a unique symmetric equilibrium point when the strength...
Capacity sharing in industrial internet of things-based platform supply chains with product competition
June 2026
This paper investigates the strategic interaction between platform pricing and inter-manufacturer capacity sharing in a platform-based supply chain, where two competing manufacturers with asymmetric...
The adoption of manufacturer’s official livestream channel in a market with deceptive low-quality products
June 2026
The growing prevalence of deceptive low-quality products exacerbated by the expansion of online commerce has prompted high-quality manufacturers to reconsider their counterstrategies. This study examines...
Multi-skilled worker assignment and seru scheduling with precedence constraints on product operations
June 2026
This paper investigates the problem of multi-skilled worker assignment and production scheduling in seru production systems with precedence constraints among product operations, with the aim of satisfying...
How does credit-based financial policy affect technological innovation? Evidence from bond issuance in China
June 2026
This study examines the impact of credit-based financial policy on corporate technological innovation. The 2007 corporate bond issuance policy of the Chinese government allowed firms with higher market...
Parking Permit Management in a Corridor with Electric Vehicles Considering Parking Restraint
Available online 16 June 2026
In this paper, we investigate parking permit management in a many-to-one electric-vehicle (EV) corridor network in which each corridor is composed of a road-bottleneck path, a charging-bottleneck path...
Intelligent Pricing and Ordering Decisions: A Deep Multi-agent Reinforcement Learning Algorithm
Available online 15 June 2026
The dynamic pricing mechanisms of firms and search techniques for historical prices have spurred strategic behaviors and price expectations among customers. These customers predict future markdowns...
A general equilibrium discussion of the crowding-out effect of real estate investment on local tax revenue
Available online 12 June 2026
This study identifies a novel form of the crowding-out effect. While real estate investment has long been considered a major contributor to local tax revenue, many rapidly growing economies, such as...
Estimating the impact of emergencies on BCI: An EEMD-based analysis method
Available online 27 May 2026
The Baltic Capesize Index (BCI) reflects freight rate fluctuations of major dry bulk commodities and is highly sensitive to emergency-induced shocks. These emergencies differ markedly in impact intensity...
Higher-order moment risk spillovers between the carbon and energy markets under climate policy uncertainty
March 2026
Against the backdrop of increasing climate policy uncertainty, preventing cross-market risk contagion in the energy transition is crucial to ensuring energy security and effective risk management. First,...
Is CSR a leading indicator of corporate restructuring performance? Evidence from explainable machine learning
March 2026
Corporate social responsibility (CSR), associated with corporate reputation, has attracted considerable attention from both scholars and practitioners. However, empirical evidence concerning CSR's capacity...
When should a live-stream e-seller offer return-freight insurance?
March 2026
Consumer rights and interests have been a challenge since the emergence of live-stream selling. To solve this problem, some live-stream e-sellers have introduced an innovative return policy called return-freight...
Dynamic pricing and inventory control for fresh agricultural products under dual channel
March 2026
This study investigates a joint pricing and inventory control problem for fresh agricultural products within dual channels. Considering factors such as service level, holding/lost costs, and consumer...
Transition from e-commerce to q-commerce: analysing the impact of hyper-local delivery on the pricing strategies of risk-averse supply chain partners
March 2026
Hyperlocal delivery (HLD) refers to a novel model for delivering goods or services to customers within a very limited geographic area, typically within a few miles of their location, in a very short...
Greedy or desperate? Performance feedback and app data misconduct
March 2026
In the digital economy, personal data has materialized as new assets that not only engender value for organizations but also render them susceptible to security risks. Instances of unauthorized user...
Fixed-price or performance-based? Contract design with renegotiation for IT outsourcing
March 2026
Renegotiation after software development is widely adopted by firms to mitigate uncertainties in IT outsourcing. This study examines the design and choice of fixed-price versus performance-based contracts...
Strategic choice of KOL and AI live-streaming considering network externality of differentiated firms
March 2026
The rapid development of network technology and live-streaming sales has facilitated the emergence of artificial intelligence digital human (AI) live-streaming technology, posing new challenges to traditional...
Local information demand and the cross-section of stock returns
March 2026
Using internet search data, we examine how geographic proximity shapes individual investors’ information acquisition behavior. Focusing on the Chinese stock market, we document a pronounced local bias...
Dynamic robust contract and incentive strategy under model uncertainty
December 2025
This study extends the robust contract model proposed by Ling et al. (2021) by incorporating entrepreneur concerns about model uncertainty. We find that the robust contract becomes increasingly intricate...
Market sentiment and crude oil option prices: Sentiment measurement based on language models
December 2025
This paper constructs market sentiment indices via language models and systematically examines their impact mechanisms on crude oil option prices. First, through developing multidimensional market sentiment...
