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The paper proposes a research method to verify the perception bias of consumers on the freshness preservation effects of vacuum packaging (VP) and modified atmosphere packaging (MAP) chilled pork packages, the influence of “sensory experience” on correcting consumers' perception bias of packaging performance and willingness-to-pay (WTP) enhancement channels.

Using data from 458 and 188 participants who completed the contingent valuation method (CVM) and auction experiment, respectively, the study aimed to uncover consumers' packing quality perception bias and WTP, and investigated the societal factors that contribute to variations in WTP.

The CVM experiment revealed that although consumers' high perception bias rate toward MAP to maintain freshness, as compared to lab test results, came along with low WTP premium to cost rate with sensory experience in the auction experiment, the proportion of consumers with quality perception bias decreased from 49.85% to 34.46%, while the WTP premium to cost rate for MAP increased largely by 36.7%. Perceptive embedding has a positive effect on chilled pork packaging WTP, while normative embedding decreases WTP.

The findings emphasize the need of public policies to promote positive consumption attitudes, while whittling the negative consumption norms, to increase the WTP for packaged child pork and promote the chilled pork market formation.

The organic food sold in China can bear organic labels from different countries/regions. The purpose of this paper is to assess the trust and preferences of consumers for tomatoes carrying these different labels.

The data came from real choice experiments conducted in Shandong Province, China. A mixed logit model was used to analyze consumer willingness to pay (WTP).

Results indicated that, among the four organic labels considered in this study, the highest WTP was expressed for organic label from the European Union, followed by Hong Kong’s organic label, Japanese organic label and, lastly, by the Chinese mainland organic label. Consumer trust has a positive effect on their WTPs for the four organic labels. Providing consumers with information on organic can significantly lift their WTPs, and reduce the gaps between WTPs for different organic labels.

This research is of academic value and of value to food suppliers. International food marketers are recommended to equip their products with proper organic labels and initiate additional consumer education.

In the aftermath of the global economic crisis, the pursuit of new perspectives and different growth models is imperative. One of the most significant trends of our time is the rise of Asia in the world economy. After centuries of Western economic dominance, China, India, and the rest of the East, alongside emerging economies more broadly, are beginning to challenge the West for positions of global industry leadership and underlying managerial philosophies and perspectives. In this paper, I review some key philosophical insights from Asia that have underpinned the success of many Asian businesses for generations, hoping that it will encourage more efforts – conceptually, theoretically, and empirically – leading the discourse on fresh new perspectives on business in emerging economies in general, and on Asian management in particular.

The People’s Republic of China, as a progressively developing economy, is subject to dynamic structural changes, which are potentially de‐stabilizing in nature. Since the end of the 1970s China had abandoned Mao Zedong’s socioeconomic theories and policies and instituted profound socioeconomic reforms. Her more pragmatic approach has increasingly emphasized economic freedom and individualism. The pursued “pragmatism” involves a revolutionary mixture of both a planned and a market economy with greater economic but not political freedom. Essential socioeconomic reforms were not complemented by requisite political reforms. According to Walter Eucken’s “instability thesis,” this may de‐stabilize China’s socioeconomic and political structures. The challenge which China continues to face is how to reconcile two sets of conflicting principles, economic freedom and Marxist‐Leninist‐Maoist control of politics and society, resolving Eucken’s hypothesis of potential long‐term instability. This paper addresses this challenge in terms of ethical and economic perspectives.

The purpose of this paper is to present and describe a solution of aluminum substrate drilling.

The development of LED and printed circuit board with metal substrate are reviewed first. Then the challenges of drilling metal substrate, particularly the aluminum substrate, are described. To find the solution, coated micro drill bit with optimized helix angle is developed. The performance of developed micro drill bit is examined via drilling force investigation. Finally, the drilling tests are conducted to verify the solution of aluminum substrate drilling.

Coated drill bit is a very good choice to solve the problems of drilling burr and chip clogging in aluminum substrate drilling. The reason is that the drilling force can be obviously reduced by using a coated drill bit. The drill bit with medium helix angle is beneficial to prevent chip clogging. A satisfactory solution of aluminum substrate drilling can be achieved by applying coated drill bit with medium helix angle together with appropriate entry board.

The paper presents a satisfactory solution of aluminum substrate drilling. By employing the presented solution, the problems of drilling burr and chip clogging can be avoided in aluminum substrate drilling.

Egoism as a moral philosophy of market economy in Adam Smith’s system is rational not ultra. It benefits not only other people but also the society led by an invisible hand. The Chinese traditional culture dominated by Confucianism, which denied gain‐seeking actuated by human selfish motives, as a whole, may be incompatible with the development of a market economy. Without rational egoism, the market economy would not exist. Meanwhile, ultra‐egoism which benefits oneself at the expense of others has also deformed the market economy. If it runs wild, the market economy would take the road to its doom.

Studying hydrogen absorption/ desorption in metal-H₂ reactors is important for the usage and commercialization of hydrogen energy. In this article, we present a numerical method for simulating hydrogen absorption in a cylindrical LaNi₅-H₂ reactor. The method is obtained based on the modified heat and mass transfer model for the absorption of hydrogen, and its finite difference approximation in a staggered mesh. As a result, the numerical scheme is unconditionally stable and the solution is second-order accurate. Numerical results including gas and solid densities, gas velocity, gas and solid temperatures are obtained.

The purpose of this paper is to examine the cost of equity capital for foreign firms listed in the US stock exchanges during 2004‐2009, a period that the Securities and Exchange Commission (SEC) shifted from requiring foreign issuers to comply with the US GAAP reconciliations to permitting the choice of IFRS in financial reporting.

The cost of equity of foreign firms in the IFRS reporting period was compared to that in the US GAAP reconciliation period. Also, the cost of equity of foreign firms was compared to that of matched US firms during the two periods.

The results show that the cost of equity in foreign firms is higher during the IFRS reporting period (2007‐2009) than the US GAAP reconciliation period (2004‐2006); foreign firms exhibit a constantly higher cost of equity than that of matched US firms in both periods; and the size of cost of equity difference remains the same with respect to the regulatory change. Further, it is shown that the change in foreign firms' cost of equity is affected by their home country's IFRS use.

Bonding theory suggests a reduced cost of capital for foreign firms cross‐listed in the USA because US listings require more substantial disclosure. The paper finds evidence that the SEC's waiver of US GAAP reporting does appear to reduce the bonding benefits for cross‐listed foreign firms, particularly those from IFRS adoption countries.

Sages and seers in ancient India specified dharma, artha, kama and moksha as the four ends of a moral and productive life and emphasised the attainment of a proper balance between the spiritual health and the material health. However, most of their intellectual energy was directed towards the attainment of moksha, the salvation from birth‐death‐rebirth cycle. Kautilya, on the other hand considered poverty as a living death and concentrated on devising economic policies to achieve salvation from poverty but without compromising with ethical values unless survival of the state was threatened. Kautilya's Arthashastra is unique in emphasising the imperative of economic growth and welfare of all. According to him, if there is no dharma, there is no society. He believed that ethical values pave the way to heaven as well as to prosperity on the earth, that is, have an intrinsic value as well as an instrumental value. He referred the reader to the Vedas and Philosophy for learning moral theory, which sheds light on the distinction between good and bad and moral and immoral actions. He extended the conceptual framework to deal with conflict of interest situations arising from the emerging capitalism. He dedicated his work to Om (symbol of spirituality, God) and Brihaspati and Sukra (political thinkers) implying, perhaps, that his goal was to integrate ethics and economics. It is argued that the level of integration between economics and ethics is significantly higher in Kautilya's Arthashastra than that in Adam Smith's Wealth of Nations or for that matter in the writings of Plato and Aristotle.

Explore how the degree of humanization affects user misconduct, and provide effective misconduct prevention measures for the wide application of artificial intelligence in the future.

Based on the “Uncanny Valley theory”, three experiments were conducted to explore the relationship between the degree of humanization of service machines and user misbehavior, and to analyze the mediating role of cognitive resistance and the moderating role of social class.

There is a U-shaped relationship between the degree of humanization of service machines and user misbehavior; Social class not only regulates the main effect of anthropomorphism on misbehavior, but also regulates the intermediary effect of anthropomorphism on cognitive resistance, thus affecting misbehavior.

The design of the service robot can be from the user’s point of view, combined with the user’s social class, match different user types, and provide the same preferences as the user’s humanoid service robot.

This study is an important reference value for enterprises and governments to provide intelligent services in public places. It can prevent the robot from being vandalized and also provide users with a comfortable human-computer interaction experience, expanding the positive effects of providing smart services by government and enterprises.

This study avoids and reduces users' misbehavior towards intelligent service robots, improves users' satisfaction in using service robots, and avoids service robots being damaged, resulting in waste of government, enterprise and social resources.

From the perspective of product factors to identify the inducing factors of improper behavior, from the perspective of social class of users to analyze the moderating effect of humanization degree and user improper behavior.