Hedging,Financing and Investment Decisions: A Simultaneous Equations Framework

We empirically investigate the interactions among hedging, financing, and investment decisions. We argue that the way in which hedging affects a firm's financing and investing decisions differs for firms with different growth opportunities. We find that high growth firms increase their investment, but not leverage, by hedging. However, we also find that firms with few investment opportunities use derivatives to increase their leverage.     

长江三角洲经济区发展战略探究——借鉴欧洲莱茵河流域经济发展的经验

长江三角洲地区是我国经济发展的先导区域,其发展成功与否决定着能否实现中华民族的复兴。本文通过对欧洲莱茵河流域和长江三角洲地区经济发展的对比分析,提出了若干长江三角洲经济区的发展战略。     

Planned obsolescence and monopoly undersupply

This paper examines the welfare implications of planned obsolescence in situations where the traditional monopoly undersupply exists. We find that the monopolist’s introduction of incompatibility between successive generations of products alleviates the monopoly undersupply problem and may therefore generate higher social welfare than compatibility. Paradoxically, the stronger the network effects, the more likely welfare will increase as a result of incompatibility. Our result also extends to two-sided markets characterized by indirect network effects.     

物流信息化因素识别与选取的探讨

物流信息化因素识别与选取是对物流信息化相关问题进行分析和研究的基础。通过阐述物流信息化概念,分析物流信息化系统及其组成结构,依据物流信息化系统组成框架,针对物流信息化因素识别问题设计物流信息化因素调查量表,采用因素分析法并运用统计分析软件对量表数据进行处理分析,提取6个因素作为物流信息化主因素,从而实现对物流信息化因素的识别与选取。     

深圳市电子信息产业优化升级浅探

近年来,随着深圳市社会经济发展方式的转变,加快电子信息产业优化升级成为当前深圳市经济发展的重要课题。文章基于产业经济学相关理论,分析了深圳市电子信息产业发展的现状,指出该产业现阶段在产业链、人力资源、产业内部结构等方面存在的问题,提出了整合产业链、发展高新技术园区、加强人才培养等一系列政策建议。     

Consumers’ responses to ambivalent online hotel reviews: The role of perceived source credibility and pre-decisional disposition

Electronic word-of-mouth (eWOM) is prevalent in today's lodging market and has potential to influence consumers’ decision making. This study investigated how the presence of online reviewers’ personal identifying information (PII) may affect consumers’ processing of ambivalent online hotel reviews and hotel booking intentions. The results of an experiment with a sample of 274 undergraduate students indicate that the presence of PII positively affects the perceived credibility of the online reviews. When coupled with ambivalent online reviews, the presence of PII significantly lowers consumers’ hotel booking intentions.     

Other consumers in service encounters: A script theoretical perspective

Hospitality service consumptions often involve sharing the service environment with other consumers. Drawing upon the Script Theory, this research provides a theoretical perspective of consumer responses to behaviors of other consumers in service encounters. The results from an experimental study provide strong support for the dual-mode consumer responses (felt emotions and displayed emotions) and for the moderating effect of psychological closeness on consumer responses. Managerial implications for training, service management and service design in hospitality businesses are also discussed.     

欧美MBA案例教学法对我国旅游管理教学的启示

本文在系统论述国内外MBA案例教学现状的基础上 ,较全面地介绍了案例教学方法的运用 ,包括案例写作、案例分析和应用案例组织教学 ,分析了我国旅游管理案例教学中存在的问题 ,并提出了相应的对策     

关于教育公平和效率的理论分析

文章首先从经济学的角度分析教育公平和教育效率的含义及对它们的度量方法 ,而后引入效用函数解释公平和效率之间的关系 ,最后指出政府制定教育政策应遵循的两个原则。     

英汉词汇语义不等值现象及其对英语教学的启示

词汇在不同的语言文化背景下有着不同的内涵。本文从分析英汉词语的不等值现象着手,探讨了由于地理环境、风俗习惯、宗教信仰、社会经济制度差异造成的英汉词汇空缺,并阐述了英汉词汇语义不等值现象对英语教学的启示。