Distributed ledger technology in supply chains: a transaction cost perspective

With the emergence of distributed ledger technology (DLT), numerous practitioners and researchers have proclaimed its beneficial impact on supply chain transactions in the future. However, the vast majority of DLT initiatives are discontinued after a short period. With the full potential of DLT laying far down the road, especially managers in supply chain management (SCM) seek for short-term cost-saving effects of DLT in order to achieve long-term benefits of DLT in the future. However, the extant research has bypassed grounding long-term as well as short-term effects of DLT on supply chain transaction with empirical data. We address this shortcoming, following an abductive research approach and combining empirical data from a multiple case study design with the corresponding literature. Our study reveals that the effects of DLT on supply chain transactions are two-sided. We found six effects of DLT solutions that have a cost-reducing or cost avoidance impact on supply chain transactions. In addition, we found two effects that change the power distribution between buyers and suppliers in transactions and a single effect that reduces the dependency of supply chain transactions on third parties. While cost-reducing and avoidance as well as dependency-reducing effects are positive effects, the change in power distribution might come with disadvantages. With these findings, the paper provides the first empirical evidence of the impact of DLT on supply chain transactions, which will enable managers to improve their assessment of DLT usage in supply chains.     

带有蓄热型直接冷凝式加热板的空气源热泵系统性能研究

针对现有的空气源热泵冬季供热系统，提出了一种使用新型蓄热型直接冷凝式加热板（RHP）的空气源热泵供热系统，并测试了RHP的热性能和系统的运行特性，同时分析了系统的效率和经济性。实验结果表明，在39℃的冷凝温度下，RHP的热容量高达1044 W，RHP的蓄热量大于1000 kJ。在室外空气温度为8℃时，系统COP高达3.7。此外，对于20 m²的居住房间而言，该系统的供暖初始投资成本和总运行成本分别为3174.7 CNY和510.7 CNY，在居住建筑冬季供暖领域具有较大的竞争力。     

试论循环水装置的经济性及其成本分析

通过对循环水装置的投资和成本分析，阐述了建设该装置的经济性和社会意义。     

坚持管理与科技两个轮子齐驱动

大乘资氮集团有限公司狠抓管理和科技，使企业由经营型向效益型转变，同时加速了企业经济增长方式的转变。     

Agglomeration and networks in spatial economies

We consider the parallel developments in the economics of agglomeration and the economics of networks. We explore the complementarities between the productivity benefits of agglomeration and those of network linkages, arguing that networks of actors dispersed over space may substitute for agglomerations of actors at a single point.JEL Classification: D20, L14, R30     

The complexity of economic equilibria for house allocation markets

We prove NP-completeness of deciding the existence of an economic equilibrium in so-called house allocation markets. House allocation markets are markets with indivisible goods in which every agent holds exactly one copy of some good.     

对水厂一期滤池技术改造后的经济评价

本文主要从经济角度分析净水厂实际生产情况及经济技术指标等方面的数据。阐述福州西区水厂一期滤池由原先双阀滤池改造成V型滤池的经济性。     

Hydro-economic Modeling in River Basin Management: Implications and Applications for the European Water Framework Directive

Economic ideas and processes are becoming increasingly integrated with more traditional engineering and hydrologic models of water management problems. Combining economic management concepts and performance indicators with an engineering-level of understanding of a hydrologic system can provide results and insights more directly relevant for water management decisions and policies. When such models are developed and used with involvement of stakeholders, they can become a basis for shared understanding of water problems as a foundation for negotiated management and policy solutions. When implemented with optimization software, integrated hydro-economic models also can suggest promising innovative solutions for policy-makers to consider. Their applications to river basin management problems are reviewed. Economic and integrated economic-engineering-hydrologic modeling is then discussed in the context of the evolving European Water Framework Directive. Relevant items are cost recovery and water pricing, cost-effectiveness of water management measures, and public participation in decision processes.     

Energy conservation in the industrial sector of developing countries

This paper begins by examining the most energy-intensive industries and methods by which fuel efficiency can be improved. Next the author analyses the economics of energy conservation using specific case studies drawn from India. It is shown that investing in energy efficiency is more economical Btu per Btu than investing in the enhancement of domestic energy resources. The author also assesses changes in the economics of conservation for private firms when there are government incentives. Finally government policies that can overcome economic and non-economic disincentives for investing in energy conservation are examined.     

Influence of fretting on the fatigue strength at the vise clamp-specimen interface

Fretting fatigue is one of the most important phenomena for inducing a significant reduction of fatigue strength and consequently, leading to unexpected failure accidents of the engineering structures even at very low stresses. In the present study, both plain and fretting fatigue tests with zero mean stress were carried out on two different types of steel, low-carbon steel and martensitic stainless steel, by means of a reversed bending fatigue testing machine. The drop in the fatigue strengths through fretting at vise clamp-specimen interface were significant for both tested steels. The fretting processes produced a reduction in fatigue strength of about 27% for low-carbon steel and 16% for martensitic stainless steel.