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Full-Text Articles in Social and Behavioral Sciences

A Risk-Averse Newsvendor Model With Pricing Consideration, Zuobin Ye Sep 2004

A Risk-Averse Newsvendor Model With Pricing Consideration, Zuobin Ye

Lingnan Theses and Dissertations (MPhil & PhD)

A decision maker who is facing a random demand for a perishable product, such as newspapers, decides how many units to order for a single selling period. This single-period inventory problem is often referred to as the "classic newsvendor problem", in which the selling price is fixed, the order must be made before the selling period, and the decision maker is risk-neutral. If the decision maker orders too many (overage), the inventory cost will be too high. If the decision maker orders too few (underage), the potential profit will be lost. The optimal order quantity is a balance between the …


Impacts Of Banking Sector On The Chinese Economy : Research On The Monetary Transmission Mechanism, Shu Yee, Zoe Liaw Jan 2004

Impacts Of Banking Sector On The Chinese Economy : Research On The Monetary Transmission Mechanism, Shu Yee, Zoe Liaw

Theses & Dissertations

Researches on impacts of the banking sector on economic performance are not only provided for those developed economies such as the United Kingdom, the United States, Germany, and Japan, but also for those developing economies, such as South American, Asian and Eastern European countries. In this research, empirical approach has been adopted to explain the monetary transmission mechanism to document the characteristics of the bank lending channel in China since her implementation of the open-door policy. We study how bank loans are transmitted into changes in the economy reflected by variables such as real GDP and inflation. Furthermore, the key …