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The purpose of this paper is to investigate optimal decision methods under a cooperative situation in two-echelon logistic models.

The authors propose the optimal strategies of exporters in the three types of rival game behaviors: Stackelberg, Collusion, and Cournot, each of which provides the optimal decision for the duopolistic shippers and the oligopolistic forwarders in each scenario.

From the empirical studies the paper finds that among three scenarios, the oligopolistic treatment of forwarders’ actions demonstrates that Stackelberg behavior can carry out the maximum profit, and Collusion game can achieve the maximum profit for the shippers.

Proposed an optimal decision methods in two-echelon logistic models.

The study aims to reinvestigate the regional urbanization gap in China and some projects are to be presented for reducing the gap.

An innovative weighted kernel density approach is applied for identifying the regional urbanization development with population migration and investment and evaluating the projects.

The regional urbanization gap is 7 and 9 percent with the unconditional estimation, 13 (23) percent and 13 (23) percent with population (investment) weighted estimation between eastern and middle region, eastern and western region, respectively. The project on the interior migration of population by 30 percent and the project on the selective investment enhancement by 30 percent both reduce the regional urbanization gap by about 4 percent between middle and eastern region.

Focus is only on the investigation of urbanization development level with single population migration or investment enhancement; the identifications and projects with joint impact of population and investment are not considered.

The study not only measures the urbanization development with the nonparametric approach but also designs some practicable projects for reducing the regional urbanization gap, which is helpful for the Chinese Government in the policymaking process.

The purpose of this paper is to reveal how store design influences luxury brand image building in a competitive market through the case study of two luxury fashion brands – Bally and Tod's.

Quantitative (questionnaires) and qualitative (interview) approaches are both utilized in this research study. The authors interviewed brand managers of Bally and Tod's Japan and then conducted questionnaires to 57 consumers and six brand managers. Correspondence analysis, multidimensional analysis, and rough set theory were utilized to analyze the data obtained from questionnaires in order to draw the positioning maps of brand image and store image, calculate the distance of images between managers and consumers and derive and compare inference structure.

The “Brand Dimensions Scales” created by Aaker (1997) can enable to measure luxury brand and store image in a scientific way. The results clarify that there is a big gap between consumers’ and managers’ cognition; the architect who designs the building could be a efficient way of advertising a luxury brand and its building to the public; and location and store atmosphere should influence luxury brand image building through non-verbal communication.

This research study on luxury brand image building provides a way to measure brand image and assesses the impact change in brand image as well as its stores.

The purpose of this paper is to integrate Modigliani-Miller (MM) theory and stock repurchases strategy to procure a practical concept for capital decision.

No-arbitrage proof model deduction was used in this study. The authors consider corporate tax and funding sources as two crucial factors drawn in the model. The paper derives some propositions by trichotomy property and keeps the key assumptions of MM Capital Structure Theory.

There are two different effects on firm's value through stock repurchases. The positive effect occurs on firm's value through stock repurchases with loan fund. And the negative impact exists on firm's value through stock repurchases with idle fund.

Notably, in the real world there are three limitations with such an arbitrage transaction (Stulz, 2000). The first one is the default risk, and the second one is transaction costs and the last one is the perfect credit market assumption. In the near future, the authors suggest it would be interesting to involve the interest rate factor and contingent tax variable into our model.

On the basis of no arbitrage opportunity, this paper considers both trichotomy property and MM theory. It proves the share repurchase strategy should be financed by borrowing fund. In contrast, share repurchase should not be executed with idle fund because of opportunity cost.