CitiesPub Date : 2025-06-28DOI: 10.1016/j.cities.2025.106180
Shiwei Yu , Jianfei Chen , Xianfeng Zhang
{"title":"Decoding the built environment-behavior nexus at residential boundaries: A multi-dimensional analysis of 85 street segments in Dalian","authors":"Shiwei Yu , Jianfei Chen , Xianfeng Zhang","doi":"10.1016/j.cities.2025.106180","DOIUrl":"10.1016/j.cities.2025.106180","url":null,"abstract":"<div><div>Boundaries in communities often become sites of conflict and “Not In My Backyard” (NIMBY) effects, reducing the efficiency of public space utilization, especially in older residential areas. However, by re-envisioning boundaries as potential public spaces and exploring their interactions with various stakeholders, these negative effects can be mitigated. This study analyzes multi-source data from 85 street segments in Dalian, China, to examine these interactions with the urban environment. A VIM-VDM model was developed to quantify interaction intensity, using two behavioral patterns—traversal and stationary activities—as dependent variables. Through machine learning-based semantic segmentation of street view images, 24 environmental factors across five dimensions were incorporated into a bivariate LOESS regression model to assess their impact on three boundary interaction types. Using Python's OpenCV library, population trajectory maps were generated and targeted strategies for two boundary types—H-type and I-type—were proposed. Results show that increasing entrance density and sidewalk width significantly enhance interactions in Fenced Type boundaries, while shop density, transparency, and seating improve interactions in Building-service Type boundaries. Factors like street length and height-width ratio suppress interactions in Building-life Type boundaries, whereas convex space ratio and build-to-line rate promote them. These findings suggest shifting urban renewal focus from “isolated centers” to “interactive boundaries” to foster shared spaces and resources.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"165 ","pages":"Article 106180"},"PeriodicalIF":6.0,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144502519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does a reliable electricity grid connection matter for the development of European renewable energy startups?","authors":"Serhiy Lyeonov , Serhiy Podosynnikov , Wadim Strielkowski","doi":"10.1016/j.enpol.2025.114749","DOIUrl":"10.1016/j.enpol.2025.114749","url":null,"abstract":"<div><div>Access to reliable and timely electricity grid connections is becoming increasingly essential for supporting European renewable energy startups, particularly considering the European Union's climate goals and energy independence strategies. This study investigates how the availability and quality of grid access affect the establishment and financing of clean and digital energy startups across 19 European countries from 2010 to 2020. Both fixed and random effects models were estimated using panel data regression techniques, with log and signed square-root transformations applied to address skewed distributions. Robust standard errors (Driscoll-Kraay and Arellano-type) were employed to correct for heteroskedasticity and serial correlation. The findings demonstrate that the time required to obtain a grid connection significantly reduces both the number of startups (β = −0.17, p < 0.05) and the total funding received (β = −2.19, p < 0.01). In contrast, cost-related variables did not show significant effects. In contrast, population size strongly and consistently predicted startup activity and financing (β = 5.90 for number, β = 26.77 for funding; p < 0.001), and foreign direct investment positively influenced funding availability. These results highlight the centrality of administrative efficiency and infrastructure readiness, rather than cost alone, in driving renewable energy entrepreneurship, and they support policy efforts to streamline regulatory procedures and improve access across all European regions.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114749"},"PeriodicalIF":9.3,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144511044","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Present bias, risk management and capital structure","authors":"Jan Pape","doi":"10.1016/j.jebo.2025.107094","DOIUrl":"10.1016/j.jebo.2025.107094","url":null,"abstract":"<div><div>Standard credit risk models assume entrepreneurs maximize long-term equity value, despite significant evidence that entrepreneurs overvalue short-term profits and undervalue future long-term returns. We extend a classical credit risk framework by entrepreneurial myopia and show that myopic entrepreneurs favour lower volatility, while defaulting at a higher cash flow level. Our analysis distinguishes between sophisticated and naive entrepreneurs and shows that naivety leads to lower cash flow volatility and delayed default.</div><div>We analyse the interaction between unbiased debt-holders and myopic entrepreneurs. The desire for debt financing increases in the degree of the entrepreneur’s bias. Surprisingly, the entrepreneur’s myopia can actually increase the value of debt.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"236 ","pages":"Article 107094"},"PeriodicalIF":2.3,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144510999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Resources PolicyPub Date : 2025-06-28DOI: 10.1016/j.resourpol.2025.105664
Madeline Craig-Scheckman , Scott Moore
{"title":"Supply chain competitiveness index: Evaluating U.S. and China's lithium-ion battery industries","authors":"Madeline Craig-Scheckman , Scott Moore","doi":"10.1016/j.resourpol.2025.105664","DOIUrl":"10.1016/j.resourpol.2025.105664","url":null,"abstract":"<div><div>As climate change intensifies and geopolitical tensions rise, clean technology has become a key arena for industrial policy competition, particularly between the United States and China. Lithium-ion (Li-ion) batteries, which are essential for renewable energy storage and electric vehicles, exemplify the strategic stakes of this competition. Existing supply chain analyses often cater to private sector needs, leaving gaps in tools accessible to policymakers and researchers. This paper introduces the Supply Chain Competitiveness Index (SCCI), a novel framework that leverages open-source data to assess supply chain competitiveness and resilience through three key indicators: domestic production capacity, import dependence, and innovation. The SCCI results reveal critical vulnerabilities and help to provide actionable insights to strengthen supply chain resilience, enhance economic competitiveness, and accelerate the green energy transition. Furthermore, it establishes a scalable foundation for evaluating other critical clean technology supply chains, offering practical tools for navigating the intersection of climate action and global competition.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105664"},"PeriodicalIF":10.2,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144501566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Beyond the Courtroom: Exploring Consumers’ Trust and Usage of ADR in Financial Dispute Resolution","authors":"Yu-Cheng Lin, Yiling Liu","doi":"10.1016/j.frl.2025.107872","DOIUrl":"https://doi.org/10.1016/j.frl.2025.107872","url":null,"abstract":"In the evolving FinTech landscape, rising consumer disputes have highlighted the need for effective Alternative Dispute Resolution (ADR) mechanisms. This study examines how institutional trust and legal awareness influence consumers’ intention and actual use of ADR, using data from 1,620 financial service users. A structural equation model tests key factors including ADR awareness, perceived fairness, satisfaction, and cost perception. Results show that institutional trust mediates the relationship between awareness and intention, while legal awareness strengthens trust and intention links. Behavioral intention strongly predicts actual use, while past experience alone is insufficient. Findings offer insights for regulators promoting trusted, accessible ADR systems.","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"7 1","pages":""},"PeriodicalIF":10.4,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144515236","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Defang Ma , Yuze Xie , Mengkai Wang , Ting Peng , Jiahui Ding
{"title":"The impact of new quality productivity on sustainable development performance","authors":"Defang Ma , Yuze Xie , Mengkai Wang , Ting Peng , Jiahui Ding","doi":"10.1016/j.iref.2025.104334","DOIUrl":"10.1016/j.iref.2025.104334","url":null,"abstract":"<div><div>This study investigates the impact of new quality productivity (Npro) on corporate sustainable development performance. Using data from Chinese A-share listed firms from 2011 to 2021, we find that companies that develop Npro can improve their sustainability performance. Mechanism analyses reveal that Npro primarily influences sustainability performance by improving green innovation capabilities and internal control levels. Furthermore, compared to non-high-tech firms, high-tech firms’ sustainability performance is more obviously enhanced. The positive effect is also more pronounced in firms at the growth stage than in those at the mature or recession stages. Therefore, firms should actively foster green productivity, comprehensively enhance the “green content” of all production factors, and green the combination of factors. Our findings contribute to break the “haze” faced by enterprise and provide empirical evidence to support sustainable development.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"102 ","pages":"Article 104334"},"PeriodicalIF":4.8,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144516910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy PolicyPub Date : 2025-06-28DOI: 10.1016/j.enpol.2025.114743
Ruixiaoxiao Zhang , Lijie Huang , Minhyun Lee , Shiqi Mei
{"title":"Multi-objective optimization for customized solar business models considering technical-economic-environmental performance: A NSGA-II integrated TOPSIS method","authors":"Ruixiaoxiao Zhang , Lijie Huang , Minhyun Lee , Shiqi Mei","doi":"10.1016/j.enpol.2025.114743","DOIUrl":"10.1016/j.enpol.2025.114743","url":null,"abstract":"<div><div>To address the urgent need for a transformative shift to the post-feed-in tariff (FiT) era, this study focuses on the development of customized solar business models in Hong Kong, which intends to integrate existing policies (i.e., FiT and renewable energy certificates (REC)) with alternative mechanisms (i.e., net metering (NM) and power purchase agreements (PPA)), and simulate stakeholder interactions considering property owners, utility companies, and third-party developers. This study employs a multi-objective optimization approach using a Non-dominated Sorting Algorithm II (NSGA-II) integrated with the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method to maximize net present value (NPV), while minimizing electricity bills and carbon emissions. Key findings indicate that under the NM-FiT model, higher NPV leads to reduction in electricity bills and carbon emissions, while the PPA-FiT and PPA-REC models show a trade-off relationship between NPV and the other two optimization objectives. Furthermore, NPV changes significantly with fluctuations in the PPA rate and PPA proportion under the PPA-FiT and PPA-REC models, and is sensitive to changes in installed capacity under the NM-FiT model. These findings will enhance decision-making strategies and promoting sustainable energy goals in Hong Kong, which ultimately contributes to a more resilient and adaptive energy framework.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114743"},"PeriodicalIF":9.3,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144502203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Recovering voice through out-of-district donations","authors":"Sarah Waldfogel","doi":"10.1016/j.jpubeco.2025.105378","DOIUrl":"10.1016/j.jpubeco.2025.105378","url":null,"abstract":"<div><div>A growing share of Americans live in electorally lopsided congressional districts, potentially depressing their political participation. Unlike with voting, there are no place-based restrictions on giving, raising the question of whether individuals disengaged by lopsided home districts find voice through greater non-local giving. I explore this using the post-2010 redistricting, which reassigned individuals to more, or less, competitive districts. When an individual’s district becomes exogenously less competitive, she donates more out of district to competitive races. Givers regard non-local giving as a substitute for local political participation, increasing their out-of-district gifts by <span><math><mrow><mi>$</mi><mn>0</mn><mo>.</mo><mn>40</mn></mrow></math></span>, and reducing their within-district gifts by <span><math><mrow><mi>$</mi><mn>0</mn><mo>.</mo><mn>75</mn></mrow></math></span>, for every one p.p. increase in their home district’s lopsidedness.</div></div>","PeriodicalId":48436,"journal":{"name":"Journal of Public Economics","volume":"248 ","pages":"Article 105378"},"PeriodicalIF":4.8,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144502513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Walkability analysis of Sofia's neighborhoods powered by 15-minute city concept","authors":"Dessislava Petrova-Antonova , Beniamino Murgante , Simeon Malinov , Stanimira Nikolova , Sylvia Ilieva","doi":"10.1016/j.cities.2025.106171","DOIUrl":"10.1016/j.cities.2025.106171","url":null,"abstract":"<div><div>Urban walkability and accessibility are essential for sustainable urban development, affecting public health, environmental quality, and social cohesion. Points of Interest (POIs) like parks, schools, and health services play a key role in making urban areas pedestrian-friendly, especially when located near residential buildings. This study applies the 15-minute city concept and introduces an Accessibility Index that evaluates residential access to POIs, incorporating diversity metrics such as the Shannon and Simpson indices. The sidewalk infrastructure and pedestrian network connectivity are accessed using weighted POIs to measure walkable access. By defining a sustainable urban environment in terms of accessibility, POI richness, and evenness, the study delivers a robust tool for assessing the compliance of urban neighborhoods with the 15-minute city concept. Applied to Sofia's Lozenets district, the study examines 4000 POIs grouped and weighted based on their usage. GIS analysis calculates proximity, revealing significant differences in accessibility between neighborhoods, with better-planned areas showing stronger walkability. Results show significant differences in accessibility and diversity between different neighborhoods in the district, with less developed and newly built areas lagging behind more thoroughly planned and well-managed parts of the city where space for public infrastructure is well planned, distributed, and developed. The findings highlight the significance of thoughtful urban design and planning in fostering environments that encourage walking as a viable and preferred mode of mobility.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"165 ","pages":"Article 106171"},"PeriodicalIF":6.0,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144502524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
CitiesPub Date : 2025-06-28DOI: 10.1016/j.cities.2025.106188
Yitian Ren
{"title":"Entrepreneurial local-state driven rural e-commerce development: Evidence from less-developed rural West China","authors":"Yitian Ren","doi":"10.1016/j.cities.2025.106188","DOIUrl":"10.1016/j.cities.2025.106188","url":null,"abstract":"<div><div>Though ICT infrastructure and e-commerce emerged first in urban areas, they are increasingly being used by rural community to help mitigate geographical isolation and information asymmetries. This study investigates how e-commerce is exploited and harnessed towards rural development in the less-developed rural West China. It draws on field research into e-commerce development in Xiushan, a county-level territory of Chongqing Municipality of West China. The key actors across state, market and community and their interactions formed in rural e-commerce practices are investigated to decipher how e-commerce is exploited to foster rural development in West China. In the case of Xiushan in less-developed rural West China, rural e-commerce practice is found as an entrepreneurial development mode practised by different actors. The formation of this novel regional development mode is driven by its entrepreneurial local state (county-level government), which mobilises and leverages private sector via different agents to empower grass-root rural entrepreneurs to get participated. This research sheds light on how ICTs and e-commerce can be exploited to catalyse breakthroughs in rural development in a wider context of Global South.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"166 ","pages":"Article 106188"},"PeriodicalIF":6.0,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144510897","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}