![Loading...](https://link.springer.com/static/c4a417b97a76cc2980e3c25e2271af3129e08bbe/images/pdf-preview/spacer.gif)
296 Result(s)
-
Article
A two-step guessing game
We propose a two-step guessing game to measure the depth of thinking. We apply this method to the P beauty contest game. Using our method, we find that 81% of subjects do not make choice following best respons...
-
Article
An Efficient IMEX Compact Scheme for the Coupled Time Fractional Integro-Differential Equations Arising from Option Pricing with Jumps
When solving time fractional partial integro-differential equations (PIDEs) using standard finite difference methods, we have to invert the dense matrices arising from the discretization of the integral terms ...
-
Article
Conditional cooperation and group size: experimental evidence from a public good game
Conditional cooperation is the tendency to cooperate if and only if others do so as well. It is the most common behavior in social dilemmas. We study how the incidence of conditional cooperation in the public ...
-
Article
Allometric evolution between economic growth and carbon emissions and its driving factors in the Yangtze River Delta region
Balancing economic growth and carbon emissions reduction is crucial for achieving integrated development in the Yangtze River Delta (YRD) region and meeting green initiatives. This study utilized the allometri...
-
Article
Open AccessConsciously stochastic in preference reversals
Stochastic choice, the act of choosing differently in repeated decisions, can be a conscious decision made by individuals who are aware of their inability to make a definitive choice. To examine the prevalence...
-
Article
External shock, stimulus policy and economic resilience of small and micro businesses: evidence from COVID-19 pandemic in China
How resilient are Small and Micro Businesses (SMBs) facing the COVID-19 pandemic? We aim to answer this question using sales data from 35,000 brick-and-mortar SMBs in 353 Chinese cities before, during, and aft...
-
Article
Full disclosure in competitive Bayesian persuasion
This paper studies a Bayesian persuasion game in which a receiver can receive signals from two senders. We study under what circumstances the competition between senders induces them to fully disclose all of t...
-
Article
Additive representation under idempotent attention
This paper explores a scenario where a decision maker evaluates bundles by adding up the utility of the options that attract her attention. We introduce a novel attention rule called the “idempotent attention ...
-
Article
Stability and Chaos of the Duopoly Model of Kopel: A Study Based on Symbolic Computations
Since Kopel’s duopoly model was proposed about 3 decades ago, there are almost no analytical results on the equilibria and their stability in the asymmetric case. The first objective of our study is to fill th...
-
Article
Analysis of Frequent Trading Effects of Various Machine Learning Models
In recent years, high-frequency trading has emerged as a crucial strategy in stock trading. Notably, within China’s distinctive market regulatory framework, stock transactions are limited to a daily. Consequen...
-
Article
A New Boosting Algorithm for Online Portfolio Selection Based on dynamic Time War** and Anti-correlation
Online portfolio selection focuses on maximizing cumulative wealth and outputs a portfolio in each period. Anticor is a state-of-the-art algorithm in this area, but the similarity calculation method between lo...
-
Article
The Celestial Empire: solar eclipses, political legitimacy, and economic performance in historical China
We exploit a unique historical experiment to study how changes in political legitimacy affect economic performance. In historical China, solar eclipses were interpreted as Heaven's wrath incurred by wrongdoing...
-
Article
New Unit Root Tests in the Nonlinear ESTAR Framework: The Movement and Volatility Characteristics of Crude oil and Copper Prices
This paper proposes new wild bootstrap GLS-detrended unit root tests in the exponential smooth transition autoregressive framework, which could handle both nonlinear movement and time-varying volatility for fi...
-
Article
Research on the Diffusion Mechanism of Green Technology Innovation Based on Enterprise Perception
To address the increasingly serious global environmental issues and achieve sustainable socioeconomic development, the rapid and widespread diffusion and adoption of green technology innovation throughout inte...
-
Article
Determinants and Pathways for Inclusive Growth in China: Investigation Based on Artificial Intelligence (AI) Algorithm
Can artificial intelligence (AI) algorithms help policymakers in their decisions on inclusive growth? In this study, we introduce artificial intelligence algorithms to calibrate China's inclusive growth determ...
-
Article
Open AccessComputing perfect stationary equilibria in stochastic games
The notion of stationary equilibrium is one of the most crucial solution concepts in stochastic games. However, a stochastic game can have multiple stationary equilibria, some of which may be unstable or count...
-
Article
Does Short-and-Distort Scheme Really Exist? A Bitcoin Futures Audit Scheme through BIRCH & BPNN Approach
Short and Distort (S &D) is a price manipulation scheme in the futures trading market. In recent years, S &D has become increasingly rampant due to the emergence of Bitcoin futures. While existing research has ju...
-
Article
Pattern Recognition in Microtrading Behaviors Preceding Stock Price Jumps: A Study Based on Mutual Information for Multivariate Time Series
In this study, we propose a new framework to analyze the stock-specific mictrotrading patterns preceding stock price jumps, which should be useful for financial regulation or investment decisions. Using high-f...
-
Article
Tobin Tax, Carry Trade, and the Exchange Rate Dynamics
We propose a heterogeneous agent model including the fundamentalists, chartists, and carry traders, to describe the dynamics of exchange rates, and examine the effects of Tobin Tax on the equilibrium exchange ...
-
Article
Is output growth of Chinese manufacturing firms input or productivity driven? A flexible production function approach with endogenous inputs
In this paper, we focus on estimating output growth and its components attributed to quasi-fixed inputs, variable inputs, and productivity change, while treating variable inputs as endogenous. We consider two ...