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Momentum Effect Differs Across Stock Performances:Chinese Evidence
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作者 Zhao-yuan LI Si-bo LIU Mao-zai TIAN 《Acta Mathematicae Applicatae Sinica》 SCIE CSCD 2014年第2期279-288,共10页
Prior empirical studies find positive and negative momentum effect across the global nations, but few focus on explaining the mixed results. In order to address this issue, we apply the quantile regression approach to... Prior empirical studies find positive and negative momentum effect across the global nations, but few focus on explaining the mixed results. In order to address this issue, we apply the quantile regression approach to analyze the momentum effect in the context of Chinese stock market in this paper. The evidence suggests that the momentum effect in Chinese stock is not stable across firms with different levels of performance. We find that negative momentum effect in the short and medium horizon (3 months and 9 months) increases with the quantile of stock returns. And the positive momentum effect is observed in the long horizon (12 months), which also intensifies for the high performing stocks. According to our study, momentum effect needs to be examined on the basis of stock returns. OLS estimation, which gives an exclusive and biased result, provides misguiding intuitions for momentum effect across the global nations. Based on the empirical results of quantile regression, effective risk control strategies can also be inspired by adjusting the proportion of assets with past performances. 展开更多
关键词 chinese stock market investment strategy momentum effect quantile regression
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Investigation of isotope composition of nuclear fragments with angular momentum and Coulomb effects in peripheral ^(84)Kr+ ^(112,124)Sn collisons at 35 A MeV
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作者 Nihal Buyukcizmeci Aysegul Ergun +2 位作者 Hamide Imal Riza Ogul Alexander S Botvina 《Nuclear Science and Techniques》 SCIE CAS CSCD 2015年第2期111-116,共6页
New theoretical calculations are performed to investigate the Coulomb proximity and angular momentum effects on multifragmentation picture for84Kr+112,124 Sn collisions at an incident beam energy of 35 Me V/nucleon.Ch... New theoretical calculations are performed to investigate the Coulomb proximity and angular momentum effects on multifragmentation picture for84Kr+112,124 Sn collisions at an incident beam energy of 35 Me V/nucleon.Charge and isotopic distributions and the mean neutron-to-proton ratios of the fragments are reproduced within the microcanonical Markov chain calculations on the basis of Statistical Multifragmentation Model. It is shown that the Coulomb interactions and angular momentum effects are very important to reproduce isotopic composition of nuclear fragments in peripheral heavy-ion collisions at Fermi energies. Our results imply that it is possible to investigate in laboratories the modification of structure parameters of fragments, such as the symmetry energy coefficient, at subnuclear densities in dense environment of other species. 展开更多
关键词 同位素组成 库仑作用 角动量 核碎片 MEV 重离子碰撞 库仑相互作用 多重碎裂
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Relativistic and distorted wave effects on Xe 4d electron momentum distributions
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作者 赵敏福 单旭 +1 位作者 牛姗姗 陈向军 《Chinese Physics B》 SCIE EI CAS CSCD 2017年第9期133-136,共4页
The relativistic and distorted wave effects are investigated for the electron momentum distributions of Xe 4d electrons.The theoretical results show good agreements with the experimental data measured previously with ... The relativistic and distorted wave effects are investigated for the electron momentum distributions of Xe 4d electrons.The theoretical results show good agreements with the experimental data measured previously with electron momentum spectroscopy. The distorted wave effect and the relativistic effect are found to play important roles in the low and high momentum regions, respectively. 展开更多
关键词 relativistic effect distorted wave effect electron momentum distributions
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Photoelectron longitudinal momentum distributions containing nondipole effects
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作者 霍一宁 李健 马凤才 《Chinese Physics B》 SCIE EI CAS CSCD 2018年第1期335-340,共6页
This paper proposes a modified strong field approximation model for evaluating nondipole effects on the ionization of an atom in an intense laser field. The photoelectron longitudinal momentum distributions (PLMD) o... This paper proposes a modified strong field approximation model for evaluating nondipole effects on the ionization of an atom in an intense laser field. The photoelectron longitudinal momentum distributions (PLMD) of a hydrogen-like atom exposed to a mid-infrared laser field is calculated. The theoretical results indicate an obvious asymmetry in the PLMD, and an offset of the PLMD peak appears in the opposite direction of the beam propagation due to nondipole effects. The peak offsets of the PLMD increased with the laser intensity, imposed by the initial state of the hydrogen-like atom. 展开更多
关键词 strong field approximation PHOTOELECTRON longitudinal momentum distributions nondipole effects
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Maximum Momentum,Minimal Length and Quantum Gravity Effects of Compact Star Cores
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作者 张修明 付伟 《Chinese Physics Letters》 SCIE CAS CSCD 2016年第1期14-18,共5页
Based on the generalized uncertainty principle with maximum momentum arid minimal length, we discuss the equation of state of ideal ultra-relativistic Fermi gases at zero temperature. Maximum momentum avoids the probl... Based on the generalized uncertainty principle with maximum momentum arid minimal length, we discuss the equation of state of ideal ultra-relativistic Fermi gases at zero temperature. Maximum momentum avoids the problem that the Fermi degenerate pressure blows up since the increase of the Fermi energy is not limited. Applying this equation of state to the Tolman-Oppenheimer Volkoff (TOV) equation, the quantum gravitational effects on the cores of compact stars are discussed. In the center of compact stars, we obtain the singularity-free solution of the metric component, gtt ~-(1 + 0.2185×r^2). By numerically solving the TOV equation, we find that quantum gravity plays an important role in the region r~10^4α0(△x)min. Current observed masses of neutron stars indicate that the dimensionless parameter α0 cannot exceed 10^19. 展开更多
关键词 of on it Maximum momentum Minimal Length and Quantum Gravity effects of Compact Star Cores in that is
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Vibrational effects on electron momentum distributionsof outer valence orbitals of benzene
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作者 Yu Zhang Shanshan Niu +3 位作者 Yaguo Tang Yichun Wang Xu Shan Xiangjun Chen 《Chinese Physics B》 SCIE EI CAS CSCD 2020年第2期269-274,共6页
The outer valence electron momentum distributions of benzene are reinvestigated with theoretical calculations involving the vibrational effects.The results are compared with recent experimental measurements[Phys.Rev.A... The outer valence electron momentum distributions of benzene are reinvestigated with theoretical calculations involving the vibrational effects.The results are compared with recent experimental measurements[Phys.Rev.A 98042705(2018)].The significant discrepancies between theories and experiments in previous works have now been interpreted quantitatively,indicating that the vibrational motion in benzene molecule has noticeable influence on its electron momentum distributions. 展开更多
关键词 ELECTRON momentum spectroscopy BENZENE outer VALENCE ORBITALS VIBRATIONAL effectS
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信息扩散、可预测性与交易约束
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作者 闫昱 童彦 王一鸣 《南开管理评论》 北大核心 2026年第1期27-38,共12页
在中国的股票市场中,风险资产的交易者具有多种多样的类型和不同的信息结构。为了能够有效分析中国股票市场中的信息扩散机制及其影响,本文建立了一个具有信息不对称特征的连续时间异质信念动态随机一般均衡资产定价模型,力图对中国股... 在中国的股票市场中,风险资产的交易者具有多种多样的类型和不同的信息结构。为了能够有效分析中国股票市场中的信息扩散机制及其影响,本文建立了一个具有信息不对称特征的连续时间异质信念动态随机一般均衡资产定价模型,力图对中国股票市场进行刻画。具体而言,信息在不同的交易者之间缓慢地扩散。从理论和数值模拟的双重角度出发,这一模型在一定程度上可以解释中国股票市场中许多与可预测性相关的性质。本文的数值模拟使用了以真实中国A股数据为校准基础的参数。基于校准参数生成的风险资产价格很好地展示了中国股票市场的运行过程。数值模拟的结果一方面验证了中国市场中信息扩散对可预测性的影响,另一方面为探讨中国市场中交易约束政策的影响提供了基础。 展开更多
关键词 异质信念 信息扩散 动量效应 交易约束 福利损失
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Ab initio Study of Hyperconjugative Effect on Electronic Wavefunctions of 2-chloroethanol
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作者 王克栋 张海霞 刘玉芳 《Chinese Journal of Chemical Physics》 SCIE CAS CSCD 2011年第4期434-438,I0004,共6页
The electronic structure of five conformers of 2-chloroethanol was studied by ab initio calculations at B3LYP and MP2 levels of theory with aug-cc-pVTZ basis set. The existing hydrogen bond and hyperconjugation effect... The electronic structure of five conformers of 2-chloroethanol was studied by ab initio calculations at B3LYP and MP2 levels of theory with aug-cc-pVTZ basis set. The existing hydrogen bond and hyperconjugation effects on the stability of 2-chloroethanol conformers were discussed on the base of natural bond orbital analyses. The result exhibits that hyperconjugation is the main factor to determine the stability of conformers. Such effects on the electron wavefunctions of the highest-occupied molecular orbital (HOMO) of different conformers are demonstrated with electron momentum spectroscopy, exhibiting the obviously different symmetries of the HOMO wavefunctions in momentum space. 展开更多
关键词 Ab initio Hydrogen bond Natural bond orbital Hyperconjugative effect momentum distribution
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Ab Initio Lattice Quantum Chromodynamics Calculations of Parton Physics in the Proton:Large-Momentum Effective Theory versus Short-Distance Expansion
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作者 Xiangdong Ji 《Research》 2026年第1期865-874,共10页
Although equivalent in the infinite-momentum limit,large-momentum effective theory(LaMET)and short-distance operator product expansion(SDE)are 2 very different approaches to obtain parton distribution functions(PDFs)f... Although equivalent in the infinite-momentum limit,large-momentum effective theory(LaMET)and short-distance operator product expansion(SDE)are 2 very different approaches to obtain parton distribution functions(PDFs)from coordinate-space correlation functions computed in a large-momentum proton through lattice quantum chromodynamics(QCD).LaMET implements a momentum-space expansion inΛ_(QCD)[/x(1-x)P^(z)]to directly calculate PDFs f(x)in a middle region of Bjorken x∈[x_(min)~Λ_(QCD)/xP^(z)x_(max)~1-x_(min)].SDE applies perturbative QCD at small Euclidean distances z to extract a range[0,λ_(max)]of leading-twist correlations,h(λ=zP^(z)),corresponding to the Fourier transformation of PDFs.An incomplete leading-twist correlation from SDE cannot be readily converted to a momentum-space distribution,and solving its constraints on the PDFs(or the so-called"inverse problem")involves phenomenological modeling of the missing information beyondλ_(max)and has no systematic control of errors.I argue that the best use of short-distance correlations is to constrain the PDFs in the LaMET-complementary regions:x∈[0,x_(min)]and[x_(max),1]through expected end-point asymptotics,and use the results of the pion valence quark distribution from the ANL/BNL collaboration to demonstrate how this can be done. 展开更多
关键词 parton distribution functions pdfs large momentum effective theory lattice quantum chromodynamics parton distribution functions coordinate space correlation functions lattice quantum chromodynamics qcd lamet momentum space expansion short distance operator product expansion
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Review on non-dipole effects in ionization and harmonic generation of atoms and molecules 被引量:1
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作者 Mu-Xue Wang Si-Ge Chen +1 位作者 Hao Liang Liang-You Peng 《Chinese Physics B》 SCIE EI CAS CSCD 2020年第1期9-23,共15页
In this review,we will focus on recent progress on the investigations of nondipole effects in few-electron atoms and molecules interacting with light fields.We first briefly survey several popular theoretical methods ... In this review,we will focus on recent progress on the investigations of nondipole effects in few-electron atoms and molecules interacting with light fields.We first briefly survey several popular theoretical methods and relevant concepts in strong field and attosecond physics beyond the dipole approximation.Physical phenomena stemming from the breakdown of the dipole approximation are then discussed in various topics,including the radiation pressure and photon-momentum transfer,the atomic stabilization,the dynamic interference,and the high-order harmonic generation.Whenever available,the corresponding experimental observations of these nondipole effects are also introduced respectively in each topics. 展开更多
关键词 nondipole effects photon-momentum strong field approximation attosecond physics
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Design of Photonic Crystal Fiber Capable of Carrying Multiple Orbital Angular Momentum Modes Transmission 被引量:3
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作者 Xizheng Ke Shasha Wang 《Optics and Photonics Journal》 2020年第4期49-63,共15页
For the traditional photonic crystal fibers with circular air holes, rectangular air holes are added to the fiber cladding. The periodic arrangement of the inner rectangular air holes allows the fiber structure to bet... For the traditional photonic crystal fibers with circular air holes, rectangular air holes are added to the fiber cladding. The periodic arrangement of the inner rectangular air holes allows the fiber structure to better match the annular mode field distribution of the vortex beam. The fiber structure was analyzed and calculated by COMSOL Multiphysics 5.4 finite element software, and the characteristics of fiber were analyzed, such as the dispersion, confinement loss, effective mode area and nonlinear coefficient. The results reveal that the photonic crystal fiber structure capable of carrying 50 orbital angular momentum (OAM) modes at the wavelength of 1.15 to 2.0 μm (850 nm). The effective refractive index difference Δneff between vector modes can reach 1 × 10-3, and larger difference can effectively separate the vector modes and improve the transmission performance of OAM modes. Moreover, the fiber has good performance, such as flat dispersion distribution of the low-order modes, low confinement loss below 10-9 dB·m-1, large effective mode field area and small nonlinear coefficient in the 850 nm wavelength range. Therefore, this fiber structure can be applied to the high-capacity communication system of fiber multiplexing OAM. In addition, the good characteristics of this fiber structure are of great significance for the transmission of vortex beam in fiber. 展开更多
关键词 FIBER Optics Communication Photonic Crystal FIBER ORBITAL Angular momentum MODES Mode effective REFRACTION Index
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Influences of Vorticity Source and Momentum Source on Atmospheric Circulation 被引量:1
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作者 方娟 伍荣生 《Advances in Atmospheric Sciences》 SCIE CAS CSCD 1998年第1期42-47,共6页
A simplified one-dimensional barotropic vorticity equation is used to study the influences of the vorticity and the momentum source on the large scale wave. Both vorticity source and momentum source can cause the form... A simplified one-dimensional barotropic vorticity equation is used to study the influences of the vorticity and the momentum source on the large scale wave. Both vorticity source and momentum source can cause the formation of the large scale wave, but the former can produce large scale wave only under the condition that there is apparent basic flow acting on it, while the latter can produce the large scale wave even when tends to be zero. Furthermore, the amplitude of steady wave caused by the former is proportional to , while the amplitude caused by the latter has no relation to , instead it depends only on the magnitude of the perturbation of momentum. 展开更多
关键词 Vorticity source momentum source Basic flow Beta effect
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Isospin- and momentum-dependent interaction in isospin-dependent quantum molecular dynamics 被引量:1
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作者 刘建业 郭文军 +3 位作者 任中洲 邢永忠 左维 李希国 《Chinese Physics B》 SCIE EI CAS CSCD 2006年第8期1738-1745,共8页
An isospin-dependent quantum molecular dynamical model (IQMD) is developed, with the isospin degree of freedom in the momentum-dependent interaction(MDI) included in IQMD, to obtain an isospin- and momentum-depend... An isospin-dependent quantum molecular dynamical model (IQMD) is developed, with the isospin degree of freedom in the momentum-dependent interaction(MDI) included in IQMD, to obtain an isospin- and momentum-dependent interaction (IMDI) in IQMD. We investigate the effect of IMDI on the isospin fractionation ratio and its dynamical mechanism in the intermediate energy heavy ion collisions. It is found that the IMDI induces the significant reductions in the isospin fractionation ratio for all of beam energies, impact parameters, neutron-proton ratios and mass number of colliding systems. However, the strong dependence of isospin fractionation ratio on the symmetrical potential is preserved, with the isospin degree of freedom included in the MDI, i.e. the isospin fractionation ratio is still a good probe for extracting the information about the equation of state of isospin asymmetrical nuclear matter. 展开更多
关键词 heavy ion collision isospin fractionation ratio isospin and momentum dependent interaction isospin effect
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Valence orbitals of W(CO)_6 using electron momentum spectroscopy
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作者 石砳磊 刘昆 +2 位作者 罗志宏 宁传刚 邓景康 《Chinese Physics B》 SCIE EI CAS CSCD 2011年第11期206-214,共9页
The binding energy spectra and the momentum distributions of the outer valence orbitals of W(CO)6 have been studied by using electron momentum spectroscopy as well as non-relativistic, scalar relativistic and spin-o... The binding energy spectra and the momentum distributions of the outer valence orbitals of W(CO)6 have been studied by using electron momentum spectroscopy as well as non-relativistic, scalar relativistic and spin-orbital relativistic DFT-B3LYP calculations. The experimental momentum profiles of the outer valence orbitals obtained with the impact energies of 1200 eV and 2400 eV were compared with various theoretical calculation results. The relativistic calculations could provide better descriptions for the experimental momentum distributions than the non-relativistic ones. Moreover, a new ordering of orbitals 10tlu, 3t2g, and 7eg, i.e., 10t_lu 〈 3t_2g 〈7e_g 〈10a_lg, is established in this work. 展开更多
关键词 W(CO)6 electron momentum spectroscopy relativistic effects
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Experimental and calculated momentum densities for the complete valence orbitals of the antimicrobial agent diacetyl
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作者 苏国林 任雪光 +5 位作者 张书锋 宁传刚 周晖 李彬 李桂琴 邓景康 《Chinese Physics B》 SCIE EI CAS CSCD 2005年第10期1966-1973,共8页
The first electronic structural study of the complete valence shell binding energy spectra of the antimicrobial agent diacetyl, encompassing both the outer and inner valence regions, is reported. The binding energy sp... The first electronic structural study of the complete valence shell binding energy spectra of the antimicrobial agent diacetyl, encompassing both the outer and inner valence regions, is reported. The binding energy spectra as well as the individual orbital momentum profiles have been measured by using a high resolution (e, 2e) electron momentum spectrometer (EMS) at an impact energy of 1200eV plus the binding energy, and using symmetric noncoplanar kinematics. The experimental orbital electron momentum profiles are compared with self-consistent field (SCF) theoretical profiles calculated using the Hartree-Fock approximation and Density Functional theory predictions in the target Kohn-Sham approximation which includes some treatment of correlation via the exchange and correlation potentials with a range of basis sets. The pole strengths of the main ionization peaks from the inner valence orbitals are estimated. 展开更多
关键词 DIACETYL ionization energy electron momentum profiles electron correlation effects
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A Novel Momentum-Based Measure for Online Portfolio Algorithm
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作者 Xiaoting Lv Cuiyin Huang Hongliang Dai 《Journal of Computer and Communications》 2024年第9期1-21,共21页
In recent years, digital investment portfolios have become a significant area of interest in the field of machine learning. To tackle the issue of neglecting the momentum effect in risk asset prices within the follow-... In recent years, digital investment portfolios have become a significant area of interest in the field of machine learning. To tackle the issue of neglecting the momentum effect in risk asset prices within the follow-the-winner strategy and to evaluate the significance of this effect, a novel measure of risk asset price momentum trend is introduced for online investment portfolio research. Firstly, a novel approach is introduced to quantify the momentum trend effect, which is determined by the product of the slope of the linear regression model and the absolute value of the linear correlation coefficient. Secondly, a new investment portfolio optimization problem is established based on the prediction of future returns. Thirdly, the Lagrange multiplier method is used to obtain the analytical solution of the optimization model, and the soft projection optimization algorithm is used to map the analytical solution to obtain the investment portfolio of the model. Finally, experiments are conducted on five benchmark datasets and compared with popular investment portfolio algorithms. The empirical findings indicate that the algorithm we are introduced is capable of generating higher investment returns, thereby establishing its efficacy for the management of the online investment portfolios. 展开更多
关键词 Machine Learning Online Portfolio Selection momentum effect Significance Algorithmic Trading
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黏性预期和过度自信下的动量效应和反转效应
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作者 王先甲 余志颖 +3 位作者 陈聪 吴亮 饶育蕾 苑莹 《管理评论》 北大核心 2025年第12期3-15,共13页
本文构建了一个基于黏性预期和过度自信的刻画投资者信念偏差的行为模型,通过对资产收益序列相关性的分析来解释存在于市场中的若干金融异象。研究结果表明,该模型可解释市场中的动量效应和反转效应,且黏性系数越大,发生反转的时期越晚... 本文构建了一个基于黏性预期和过度自信的刻画投资者信念偏差的行为模型,通过对资产收益序列相关性的分析来解释存在于市场中的若干金融异象。研究结果表明,该模型可解释市场中的动量效应和反转效应,且黏性系数越大,发生反转的时期越晚;过度自信系数对发生反转的时期产生非单调的影响;短期动量效应在全时段上表现出较强的稳健性。应用该模型也能对其他的金融异象(事件研究中的价格漂移现象和同行业内风险证券收益的领先-滞后效应)给予较好的解释。实证结果表明黏性预期与过度自信能对动量效应和反转效应的产生给予较好的解释。其中,黏性系数高的组合动量效应较为显著。在同一黏性程度的组合中,过度自信程度更高的股票组合中长期反转效应更显著。 展开更多
关键词 黏性预期 过度自信 动量效应 反转效应
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Effective Mass Model Reduced to Ordinary Mass Using Newton’s, Quantum and Generalized Special Relativity
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作者 Nagwa Idriss Ali Ahmed Mohamed Idriss Ahmed Mubarak Dirar Abd-Alla 《Natural Science》 2021年第9期398-406,共9页
The concept of the effective mass in crystals shows that the electron mass is affected by the crystal field and was experimentally verified. A useful expression for effective mass was obtained. Unfortunately this expr... The concept of the effective mass in crystals shows that the electron mass is affected by the crystal field and was experimentally verified. A useful expression for effective mass was obtained. Unfortunately this expression showed that the effective mass vanishes in the ab-sence of the external field. This is in conflict with observations which show that it reduces to the ordinary mass. To cure this defect a new model is developed assuming the existence of vacuum force as verified experimentally as shown by Casimir effect. Using Newton’s second law and the quantum expression of momentum, useful expressions were found. The same expression was found using generalized special relativity. Strikingly the three models reduced to the conventional one in the absence of vacuum, they also reduced to the ordinary electron mass in the absence of all forces. 展开更多
关键词 effective Mass Newton’s Second Quantum momentum Generalized Special Relativity
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Can the Abraham Light Momentum and Energy in a Medium Constitute a Lorentz Four-Vector?
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作者 Changbiao Wang 《Journal of Modern Physics》 2013年第8期1123-1132,共10页
By analyzing the Einstein-box thought experiment with the principle of relativity, it is shown that Abraham’s light momentum and energy in a medium cannot constitute a Lorentz four-vector, and they consequentially br... By analyzing the Einstein-box thought experiment with the principle of relativity, it is shown that Abraham’s light momentum and energy in a medium cannot constitute a Lorentz four-vector, and they consequentially break global momentum and energy conservation laws. In contrast, Minkowski’s momentum and energy always constitute a Lorentz four-vector no matter whether in a medium or in vacuum, and the Minkowski’s momentum is the unique correct light momentum. A momentum-associated photon mass in a medium is exposed, which explains why only the Abraham’s momentum is derived in the traditional “center-of-mass-energy” approach. The EM boundary-condition matching approach, combined with Einstein light-quantum hypothesis, is proposed to analyze this thought experiment, and it is found for the first time that only from Maxwell equations without resort to the relativity, the correctness of light momentum definitions cannot be identified. Optical pulling effect is studied as well. 展开更多
关键词 LIGHT momentum in a MEDIUM Principle of Relativity Optical PULLING effect
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