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1 – 6 of 6Shuaikang Hao, Lifang Peng, Xinyin Tang and Ling Huang
This study introduces a new type of platform recommendation about mutual funds and draws on the signaling theory to conduct a quasi-experimental design to investigate how the…
Abstract
Purpose
This study introduces a new type of platform recommendation about mutual funds and draws on the signaling theory to conduct a quasi-experimental design to investigate how the platform recommendation influences investors’ investment decisions. Moreover, the authors examine the combined effect of star ratings and the platform recommendation on fund flow and test the investment value of recommended funds.
Design/methodology/approach
This study implements a quasi-experimental design based on 1,295 mutual funds traded on Alipay’s online platform to test the hypotheses.
Findings
The empirical results show that the recommended funds received higher fund flows from investors when the platform recommendation was established. Moreover, a substitution effect between tag recommendation and star ratings on fund flow was identified. We also uncovered that investing in platform-recommended funds can yield significant and higher fund returns for investors than those without platform recommendations.
Originality/value
Our findings shed new insights into the role of platform recommendations in helping fund investors make investment decisions and contribute to the business of online mutual fund transactions by investigating the effect of platform recommendations on fund flow and performance.
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Zhenkun Liu, Ping Jiang, Jianzhou Wang, Zhiyuan Du, Xinsong Niu and Lifang Zhang
This study/paper aims to reach the core objective of hospitality order cancellation prediction (HOCP), that is, to identify potential cancellers from many customer bases, thereby…
Abstract
Purpose
This study/paper aims to reach the core objective of hospitality order cancellation prediction (HOCP), that is, to identify potential cancellers from many customer bases, thereby enhancing the effectiveness of customer retention campaigns. However, few studies have focused on predicting hospitality order cancellation.
Design/methodology/approach
A novel profit-driven model for predicting hospitality order cancellation is proposed to bridge this research gap. The authors construct profit-driven extreme gradient boosting (XGBoost) based on a grid search on HOCP to maximize profit by selecting optimal hyperparameters of XGBoost.
Findings
Real-world data set is analyzed, and the proposed model yields more profits than other predictive models. Sensitivity analysis proves that the proposed model is robust to the key hyperparameter and application scenario. Furthermore, some preventive measures based on visual analysis results are provided to reduce the cancelled probability of orders.
Research limitations/implications
This research will help hotel managers to transfer the modeling goal to profit orientation and encourage relevant researchers to interpret the prediction results of models for hotel order cancellation prediction in a post hoc manner. Besides, the proposed model can be applied to various enterprises with different average order profits and help managers optimize revenue management.
Originality/value
This research expands the relevant literature and offers guidance for predicting hospitality order cancellation from a profit-driven perspective at the customer level. The proposed model can provide macro-control to hotel managers and obtain the most satisfactory profits in micro-control.
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Wei Zhang, Enzheng Xing, Shang Hao, Yonghe Xiao, Ruonan Li, Jiming Yao and Yonggui Li
This study aims to manufacture cotton fabric with thermal regulation performance by using the composite phase change material (CPCM) prepared by coating paraffin doped with…
Abstract
Purpose
This study aims to manufacture cotton fabric with thermal regulation performance by using the composite phase change material (CPCM) prepared by coating paraffin doped with expanded graphite (EG), and the thermal effect of the fabric material was evaluated and characterized.
Design/methodology/approach
EG/paraffin CPCM with shape stability and enhanced thermal conductivity were prepared by the impregnation method and then finished on the surface of cotton fabric with coating technology. The microstructure, crystal structure, chemical composition, latent heat property and thermal conductivity were analyzed by scanning electron microscope, x-ray diffraction, Fourier transform infrared spectroscopy, differential scanning calorimeter and thermal constant analyzer. The photo-thermal effect of the coated fabric was studied by a thermal infrared imager.
Findings
CPCM prepared with a mass ratio of EG to paraffin of 1:8 showed excellent shape stability and low paraffin leakage rate. The latent heat of the CPCM was 51.6201 J/g and the thermal conductivity coefficient was increased by 11.4 times compared with the mixed paraffin. After the CPCM was coated on the surface of the cotton fabric, the light-to-heat conversion rate of the C-EG/PA3 sample was improved by 86.32% compared with the original fabric. In addition, the coated fabric showed excellent thermal stability and heat storage performance in the thermal cycling test.
Research limitations/implications
EG can improve the shape stability and thermal conductivity of paraffin but will reduce the latent heat energy.
Practical implications
The method developed provided a simple and practical solution to improving the thermal regulation performance of fabrics.
Originality/value
Combining paraffin wax with fabrics in a composite way is innovative and has certain applicability in improving the thermal properties of fabrics.
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Lifang Shu, Haiying Wei and Yaxuan Ran
The present research aims to construct the brand well-being concept and develop the brand well-being scale.
Abstract
Purpose
The present research aims to construct the brand well-being concept and develop the brand well-being scale.
Design/methodology/approach
By interviewing 21 consumers and coding interview text, the authors propose and construct the definition of brand well-being. Using two large sample surveys, the authors develop 11 items for the brand well-being scale.
Findings
By interviewing 21 consumers and coding interview text, the authors propose and construct the definition of brand well-being. Using two large sample surveys, the authors develop 11 items for the brand well-being scale.
Originality/value
This research combines the branding theory and positive psychology theory, expands the extant understanding of brand value and provides new insights into optimizing a brand strategy.
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Hongwei Mo, Dongmei Fu and Lifang Xu
The purpose of this paper is to verify that improved immune network can be used to design new controller for engineering.
Abstract
Purpose
The purpose of this paper is to verify that improved immune network can be used to design new controller for engineering.
Design/methodology/approach
First, the definition of artificial immune controller is given out. Second, the disadvantage of Varela immune network which is not fit for control system is pointed out. Third, based on the analysis, the Varela immune network is modified for the purpose of designing controller with the mechanisms of immune network. And an immune controller based on improved Varela immune network (improved Varela immune network model (IVINM)‐AIC) is designed out. Its theoretic background is described in detail.
Findings
Based on the theoretic analysis and experiment of motor speed control, it is found that Varela immune work can be used to design immune controller. The experiments results show that IVINM‐AIC is much more robust, stable and anti‐delay and less overshoot than classical proportion, integration, and differentiation controller. It is good at controlling nonlinear system which is single input single output (SISO) system. The limitation of IVINM‐AIC is that it is used for simple SISO system.
Originality/value
The theoretic analysis of improved Varela immune network controller is original and it is useful for the analysis and design of new and complex immune controller. The experiment design is useful for comparison of new test in future.
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