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This paper studies behavioral economics of sports lottery product considering three kinds of conditions including single item of reward, multi-item of reward with equal number and multi-item of reward with increasing number based on cumulative prospect theory. The study indicates that the price for sports lottery increases and the total funds raised increases as the items increasing, and the pricing...
From the aim of water resource input-output analysis in the development of industry, the paper designs a maneuverable method to tabulate the water resource input-output table, by redefining the water resource. Then the models of direct water use coefficient, total water use coefficient and water use multiplier are established on the basis of water resource input-output table. At last, the models are...
Venture enterprise is the product of venture capital and high technology with the characteristic of both high risk and high revenue distinguished from other common enterprises. Therefore, those conventional methods of assets evaluation fail to demonstrate the authentic value of the venture enterprise. This paper, from the perspective of auction mechanism design, provides a new method to fix the real...
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