This literature review evaluates the development and impact of analytical tax research (ATR)
from 2000 until 2022. Based on 345 research papers, we (1) identify emerging and declining …

In this study, we consider the memory property of tax audits to investigate the tax evasion
problem from the perspective of portfolio choice. We explore the implications of the memory …

We compute the social cost of carbon (SCC) when decision makers want robust estimates in
the face of deep (or “Knightian”) uncertainty. We introduce the notion of full-path …

This paper studies mean–variance portfolio selection problem subject to proportional
transaction costs and no-shorting constraint. We do not impose any distributional …

A fuzzy portfolio selection model is considered with a view to incorporating ambiguity about
model and data structure. The model features the uncertainty about the exit time of each …

The impact of market frictional costs on pricing insurance and financial products in a regime-
switching environment has not been well-explored. This paper introduces a general pricing …

Tax burden outlier inhibits the growth of small and micro enterprises. This paper introduces
the risk allocation of tax burden to measure the tax burden outlier. Using a time-varying …

We study the implications of time-varying risk aversion for dynamic portfolio allocation under
the framework of regime-switching models. In our model, both asset returns and investor risk …

In contrast to traditional financial advising, robo-advising needs to elicit investors' risk profile
via several simple online questions and provide advice consistent with conventional …

This paper extends the production-based equilibrium model studied by Zhang et al.(2012),
in which the stock return has constant volatility and the investor has a constant relative risk …