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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
F. Javier Heredia Yzquierdo, Antonio Sánchez-Bayón
The aviation industry is a relevant part of the sizable tourism industry. The aviation industry has been growing significantly and become a source of concern for skewing the GHGs policies. The commercial aviation industry is international by its interconnecte…
Mieczysław Dobija
Economics includes many strands of thought such as Marxism and monetarism, but one thread, in which work is the essence and the most important part of the debate, manifested in the very beginning of civilization and continues to the present day. Laborism is a…
Elias Karam, Frédéric Planchet
A Bayesian inference approach offers a methodical concept that combines internal data with experts’ opinions. Joining these two elements with precision is certainly one of the challenges in operational risk. In this paper, we are interested in applying a Baye…
Jiachen Li, Lihong Yu
Under the current system of safety regulation in China, a lower level in the hierarchical system means more regulatory failure. The mechanism of rewards and punishments has been proven to compensate for regulatory failures according to game theory separately.…
Ki-Hong Choi, Seong-Min Yoon
We examined the potential relationships between changes in the money supplies of Korea and the United States and volatility of the Korean stock market using the GARCH, GJR-GARCH, and EGARCH models. We did not identify any such relationships, implying that cha…
Phan Sy Hieu, Steve Harrison, 1 1, Dominic Smith
The current non-linear programming method does not derive regional economic surpluses and may derive an imprecise maximized value of the total economic surplus. The main reason is that the integrals for supply functions will automatically take regional non-ec…
Xuyin Zhang, Ruimei Wang, Tianzhen Wu, Huan Song, Chuanfeng Liu
This research estimated Chinese rural residents’ willingness to pay for rural solid wastes recycling project. Dichotomous choice format contingent valuation method was employed to diverse rural residents’ preference. 4795 Households had been interviewed for c…
Jianhui Kong, 1 1, Fengying Zhang, Zongfang Zhou
For new-tech products manufacturing enterprises, good after-sale service plays an important role in the marketing of new-tech products and promoting the sustainable development. Therefore, how to select and evaluate the service agent will be an inevitable and…
Dexiang Mei, Li Zhou
Based on the establishment of imperfect dynamic game model of multiple node information sets, the paper analyzes the three equilibrium strategies of banking institutions (BIs) and employees (BEs) under Chinese government’s different anti-money laundering (AML…
Weiping Huang, Panpan Long
At present, the main ways of protecting the interests of creditors include adjusting the new debt scale, reducing the interest rate and adjusting the debt capital cost. In this paper, from a new perspective of the principal-agent, this article tries to explor…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
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