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This paper constructs a partial equilibrium of housing flow market to investigate the impact of foreign investment upon housing prices. The theoretical model demonstrates that the inflow of foreign investment will result in the appreciation of house prices. The empirical results illustrate that the foreign investment has a trivial impact on the house prices. In addition, the paper finds that the household...
This paper develops a flow-stock model of housing market to investigate the impacts of property tax, supply and demand elasticity upon housing price. The model indicates that the imposition and escalation of the property tax will cause housing price fall in the event that the elasticity of supply is greater than that of demand and vice versa. Using the housing market data of 33 large and medium cities...
This paper extends the model of [Eur. J. Oper. Res. 116 (2) (1999) 305] that, optimizes pricing and lead time decisions for MTO firms with contingent orders under service level constraints. The respond function was modified to be of more practical by introducing the average service level to express the effect of delivery reliance on customers' decision. We describe a simple enumerative procedure to...
This paper studies a transportation market with two firms providing transportation service between two locations. There are potential demands for transportation service in both directions. Firms make decisions on prices. The realized demands reflect the price decisions of both firms. Equipment is required to transport demand from one location to the other. To sustain the business, firms have to reposition...
This paper has a discussion and research on resource trading techniques and methods for manufacturing grid (MG). It firstly introduces the economics roles of manufacturing gird. Then it analyses the relationship between different economics roles. And based on the framework of MG resource management system, upon the price-based economic theory and the game theory-based economic theory paper puts forward...
This paper studies a freight transportation market with two firms providing transportation services between two locations. Demands for transportation service in two directions are heterogeneous in market size, price sensitivity and competition intensity etc. Firms make decisions on transportation prices. Realized demand in these two directions can be unbalanced. To sustain the business, firms have...
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