The RAND Journal of Economics, EarlyView.ABSTRACT This article studies a dynamic project‐selection game between a Principal and an Agent with conflicting interests. Only the Agent knows what projects are feasible. In each period before a project is selected, the Principal imposes a restriction set. The Agent can select any feasible project within this set, thereby ending the game.
Wenhao Li
wiley +1 more source
Addressing global challenges: How does the integration of rural industries in China enhance agricultural resilience? [PDF]
PLoS OneZhou X, Han M.
europepmc +1 more source
Preemptive Entry and Technology Diffusion: The Market for Drive‐In Theaters
The RAND Journal of Economics, EarlyView.ABSTRACT This article studies entry preemption in new industries. We first test a key prediction of dynamic entry games: Entry preemption is most relevant in intermediate‐sized markets, where firms face highest uncertainty about future entry. Using US drive‐in theater market (1945–1957) data, we find robust evidence for this non‐monotonic relationship ...
Ricard Gil +3 more
wiley +1 more source
The impact of China's artificial intelligence development on urban energy efficiency. [PDF]
Sci RepZeng J, Wang T.
europepmc +1 more source
What Causes Geographic Variation in Drug Prescribing? Evidence from Physician Migration
The RAND Journal of Economics, EarlyView.ABSTRACT In this article, we examine the importance of individual physicians in explaining the significant variation in prescription drug spending in Medicare Part D. By tracking prescribing behavior before and after physician relocations, we find that movers' prescribing converges toward the average of their new location.
David Beheshti, Seth Neller
wiley +1 more source
Inefficiencies in the division of labour in human societies. [PDF]
Philos Trans R Soc Lond B Biol SciDiehl C, Preisendörfer P.
europepmc +1 more source
The Incidence of Coarse Certification: Evidence From the ENERGY STAR Program
The RAND Journal of Economics, EarlyView.ABSTRACT A coarse certification provides simple but incomplete information. Its rationale is to help consumers trade off dimensions of quality that are complex and lack salience. In imperfectly competitive markets, it may induce excess bunching at the certification requirement, crowd out quality, and facilitate price discrimination. Who will ultimately
Sébastien Houde
wiley +1 more source
Optimizing China's carbon quota allocation for peak emissions: A novel AMLC framework tailored to regional dynamics. [PDF]
PLoS OneLian L, Ma X, Wang Y, Dong Q.
europepmc +1 more source
China's Strategic Approach to Tech Diplomacy in a Time of Global Uncertainty
Global Policy, EarlyView.ABSTRACT In the wake of U.S.‐China technological competition and the COVID‐19 pandemic, “tech diplomacy” has gained prominence in Chinese political and academic discourse. This concept is often ideologically framed to critique Western hegemonic narratives perceived as hindering China's technological advancement.
Zhao Alexandre Huang, Xiang Meng
wiley +1 more source
Toward Iran's health system regionalization: A qualitative approach. [PDF]
J Educ Health PromotEskandarian M +3 more
europepmc +1 more source