I. TheRand Journal of Economics

Assistant Professor Xu Yujing published an article titledLong-Term Competition for Product Awareness with Learning from Friendsin theRand Journal of Economics, a top journal in economics.TheRand Journal of Economicsstarted publication in 1984 and it is sponsored by the Rand Corporation, a renowned think tank in the United States. It mainly publishes papers focusing on microeconomic theory and industrial organization. The Journal is one of the top international journals in economics with significant influence in related fields.

The paper studies a dynamic model of price competition with differentiated products in which new generations of consumers acquire information about available products from their friends of previous generations. The social network, which links consumers across generations, affects the evolution of consumers’ awareness of products and firms' long-term (steady-state) market shares. Focusing on steady-state equilibria, the paper examines how the structure of the social network, including connectivity and homophily, influences market shares, pricing, and welfare.

II. TheResearch Policy

metry and Supply Chain Process Innovation: The Contingent Roles of Institutional Environmentsin theResearch Policy, one of the Financial Times’ Top 50 (FT50) journals. The Financial Times’ Top 50 (FT50) journals refer to the 50 most influential business journals in the world selectedbytheFinancial Timesbased on extensive consultation as references in the annual review of business school rankings to measure the research quality across business schools.

By building on the dyadic capability-based view, the paper innovatively defines the capabilities of R&D partners through the technological capability (TC) strength and asymmetry and shows the different impacts of TC strength and asymmetry on the supply chain process innovation through empirical analysis. The study has found a negative effect of TC strength and a positive impact of TC asymmetry on supply chain process innovation. According to the findings of the study, government intervention reduces the impacts of TC strength and TC asymmetry while the importance of “guanxi” (i.e., social connections) amplifies the effects of TC strength and TC asymmetry on supply chain process innovation. (Link to the paper:

https://www.sciencedirect.com/science/article/pii/S0048733323000082)

III. TheJournal of Personality and Social Psychology

Assistant Professor Wang Jiexin’s articleGetting Under the Skin? Influences of Work-Family Experiences on Personality Trait Adaptation and Reciprocal Relationshipswas accepted by theJournal of Personality and Social Psychology, a top-ranked journal on social psychology in the world, for publication. TheJournal of Personality and Social Psychologyis a journal of the American Psychological Association (APA) indexed in the SSCI Zone 1. Its latest impact factor is 8.46 (with a 5-year impact factor of 10.50), and it is recognized as a top journal on social psychology by the global academic community.

By building a theoretical model, the paper explores what, how, and why the interplay between work and family may be related to personality trait development of people at their middle and late life stages and the change-related reciprocal relationships between personality traits and work-family experiences. The study reveals that work-to-family conflict, family-to-work conflict, work-to-family facilitation, and family-to-work facilitation mostly have lagged effects on changes in Conscientiousness, Extraversion, and Neuroticism, and the influences are generally channeled through changes of anxiety. It has been found that personality traits also have lagged influences on changes in work-family experiences, with some influences deteriorating over time. Change-related reciprocal relationships are recorded mainly between Neuroticism and Extraversion with work-family experiences. Some selection effects are larger than socialization effects. The paper contributes to the research on personality and the work-family relationship and represents a useful example of cross-fertilization of research in different areas of psychology.

IV. TheJournal of Corporate Finance

Assistant Professor Li Ming’er published an article titledMaking Honest Men of Them: Institutional Investors, Financial Reporting, and the Appointment of Female Directors to All-male Boardsin theJournal of Corporate Financewhich is rated as a four-star journal in the Chartered ABS Academic Journal Guide. (Link to the paper:

https://www.sciencedirect.com/science/article/abs/pii/S0929119922001778)

Assistant Professor Wang Yulong published an article titledCorporate Diversification, Investment Efficiency, and the Business Cyclein theJournal of Corporate Finance, a four-star journal in the Chartered ABS Academic Journal Guide. (Link to the paper:

https://www.sciencedirect.com/science/article/pii/S0929119923000020?via%3Dihub)

TheJournal of Corporate Financeis a four-star journal in the Academic Journal Guide of the Chartered Association of Business School (ABS). The Academic Journal Guide is a guide of high-quality academic journals published by the Chartered ABS and it is also an important reference for global business school rankings.

V. TheEnergy Policy

Assistant Professor Qi Han published an article titledRegional Revenues of Solar and Wind Generation in Texasin theEnergy Policywhich is one of the three major journals for energy economics and a well-known journal in energy economics and policy research recognized by universities and research institutions around the world. The journal is indexed in SSCI Zone 1 with the latest impact factor of 7.58 (and a 5-year impact factor of 7.88).

Through an analysis of a large sample of 15-min data on solar and wind power generation for the six-year period of 2016–2021 in Texas, the paper has found that the continued development of renewable energy may suppress wholesale market prices, leading to adverse effects on grid reliability and power generation investment. However, continued growth in electricity demand and increasing natural gas prices will offset such effects. Through model projections, the paper estimates that the renewable energy market will continue to develop rapidly even without government intervention. The paper provides theoretical and data references for the further development of renewable energy and policymaking. Link to the paper:

https://www.sciencedirect.com/science/article/pii/S0301421523001714?via%3Dihub