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Strong Laws of Large Numbers for Sequences of Blockwise m-Dependent and Sub-Orthogonal Random Variables under Sublinear Expectations 被引量:1
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作者 Jialiang FU 《Journal of Mathematical Research with Applications》 2026年第1期103-118,共16页
In this paper,we establish some strong laws of large numbers,which are for nonindependent random variables under the framework of sublinear expectations.One of our main results is for blockwise m-dependent random vari... In this paper,we establish some strong laws of large numbers,which are for nonindependent random variables under the framework of sublinear expectations.One of our main results is for blockwise m-dependent random variables,and another is for sub-orthogonal random variables.Both extend the strong law of large numbers for independent random variables under sublinear expectations to the non-independent case. 展开更多
关键词 sublinear expectations strong law of large numbers blockwise m-dependent suborthogonal random variables
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ANALYSIS OF THE PUBLIC AND PRIVATE LAW DIMENSIONS OF THE PRIVATE SECTOR PROMOTION LAW
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作者 Guan Bohao 《China Legal Science》 2026年第1期3-28,共26页
The Private Sector Promotion Law is formulated in the background of an increasingly mature market mechanism and a gradually optimized business environment,thus bearing a strong hallmark of the times.The rule of law va... The Private Sector Promotion Law is formulated in the background of an increasingly mature market mechanism and a gradually optimized business environment,thus bearing a strong hallmark of the times.The rule of law values embedded in it also exhibit a distinct perspective aligned with the current era.In the context of Chinese modernization,the Private Sector Promotion Law takes reform and opening-up as its core theme and aims for full and balanced economic development.It focuses on the development of new quality productive forces and the empowerment of big data,with a key emphasis on highlighting Chinese characteristics in economic development.Meanwhile,the Private Sector Promotion Law demonstrates the rule of law values that balance public and private law dimensions.On the one hand,it encourages market participants to engage in fair competition,pursue independent development,operate with integrity,and assume the corresponding social responsibilities.On the other hand,it requires public authority entities to treat every market participant equally.They should provide the necessary support and guidance through means such as administrative payment and administrative guidance and adopt a restrained attitude in the application of administrative penalties,thereby safeguarding the legitimate rights and interests of market participants. 展开更多
关键词 private sector promotion law private sector promotion development new qual market mechanism private law economic developmentit rule law values public law
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RESEARCH ON INVESTMENT RULE OF LAW COOPERATION IN CHINA'S PROMOTION OF THE BELT AND ROAD INITIATIVE
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作者 Gu Enuo 《China Legal Science》 2026年第1期57-84,共28页
International investment constitutes a key dimension of high-quality cooperation under the Belt and Road Initiative.However,affected by unilateralism,protectionist measures,and growing regulatory uncertainty,it faces ... International investment constitutes a key dimension of high-quality cooperation under the Belt and Road Initiative.However,affected by unilateralism,protectionist measures,and growing regulatory uncertainty,it faces increasingly complex and diverse risks.Deepening the rule of law cooperation based on an international order governed by international law is not only a fundamental way to mitigate investment risks associated with the Belt and Road Initiative but also an essential requirement for building a more just and reasonable system of global economic governance.At present,investment rule of law cooperation under the Belt and Road Initiative faces three main challenges:limited legal cooperation capacity among some participating countries at the subject level,insufficient coordination between hard law and soft law at the normative level,and relatively weak regional enforcement and dispute-prevention mechanisms at the implementation level.To advance regional investment rule of law cooperation and promote the high-quality development of the Belt and Road Initiative,China should foster consultative governance on investment rule of law cooperation among partner countries,comprehensively upgrade hard law and soft law instruments regulating investment,and strengthen enforcement and dispute settlement capacity,thereby contributing a more just,reasonable,and inclusive model of investment governance to the world. 展开更多
关键词 rule law cooperation regulatory uncertainty international order international investment international law belt road initiative mitigate investment risks investment rule law
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The mechanism of international law empowering international standardization and China’s response
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作者 Diao Zixuan Duan Yue +1 位作者 Li Ruihan Wang Quanzhi 《China Standardization》 2026年第1期60-62,共3页
As a crucial aspect of international governance,international standardization requires legitimacy grounded in the principles and frameworks established by international law.Building upon an understanding of the common... As a crucial aspect of international governance,international standardization requires legitimacy grounded in the principles and frameworks established by international law.Building upon an understanding of the commonalities between international law and international standardization,this paper explores the mechanism through which international law centered on treaties empowers international standardization. 展开更多
关键词 international law international standardization MECHANISM
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Capturability distinction analysis of continuous and pulsed guidance laws
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作者 Yuting LU Qinglei HU +2 位作者 Yang YU Tuo HAN Jianying ZHENG 《Chinese Journal of Aeronautics》 2026年第1期472-484,共13页
The capture zones of the continuous and pulsed guidance laws in the pursuit-evasion game are analytically discussed in this paper to provide deep insights into the capturability distinction between the continuous guid... The capture zones of the continuous and pulsed guidance laws in the pursuit-evasion game are analytically discussed in this paper to provide deep insights into the capturability distinction between the continuous guidance law and the pulsed guidance law.Specifically,first,in the pursuit-evasion game,various capture cases are defined regarding the Zero-Effort Miss distance(ZEM)to facilitate the capturability analysis.Then,for both the evader and the pursuer,the Linear-Quadratic Differential Game(LQDG)guidance laws concerning the continuous acceleration and the pulsed acceleration are converted into a unified form.In each capture case,the optimal solution existence conditions are derived,and the corresponding capture zones are formulated.The discussion on the capture zones shows that if the optimal solution exists,the distinction between the pulsed guidance law and the continuous guidance law can be neglected under small guidance effort weight.However,the capture zone of the continuous guidance law is larger than that of the pulsed guidance law with large pursuer guidance effort weight,but smaller with large evader guidance effort weight.Finally,various simulations are conducted to illustrate the distinction of the continuous and pulsed guidance laws,as well as the impact of the acceleration ratio and the time constant ratio on the capturability. 展开更多
关键词 Differential game theory Linear-quadratic differential game Pulsed guidance law Capturability Capture zone
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VALUE RECOGNIZATION AND NORMATIVE COMPATIBILITY IN THE INTERNATIONAL TRIBUNAL FOR THE LAW OF THE SEA ADVISORY OPINION ON CLIMATE CHANGE
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作者 Yang Bowen 《China Legal Science》 2026年第1期85-108,共24页
The International Tribunal for the Law of the Sea(ITLOS)is requested to provide an advisory opinion on the specific obligations of states parties regarding climate change under the United Nations Convention on the Law... The International Tribunal for the Law of the Sea(ITLOS)is requested to provide an advisory opinion on the specific obligations of states parties regarding climate change under the United Nations Convention on the Law of the Sea(UNCLOS).This opinion recognizes that greenhouse gas emissions constitute pollution of the marine environment and emphasizes the necessity for states to take measures to mitigate such pollution.Legally,this opinion clarifies the necessity of collective action in addressing climate change,thereby advancing the concept of climate justice.However,the advisory opinions serve merely as'primary rules',failing to elaborate on how to demonstrate the causal link between mitigation actions and the harm suffered by other states,as well as the manner in which state responsibility for climate-induced loss and damage should be borne.Divergent views among states regarding the classification of greenhouse gases as pollutants highlight the complexities and uncertainties of climate policy.To promote compatibility between climate law and maritime law,this article argues that ITLOS should prioritize the establishment of an'assistance-based'loss and damage compensation mechanism.This mechanism aims to support developing states severely affected by climate change through collective international efforts rather than solely through compensation.Furthermore,the advisory opinion is expected to play a crucial role in protecting marine environments and addressing climate change,to further clarify the duty of care that states must exercise in climate governance. 展开更多
关键词 international tribunal law sea climate justice collective action greenhouse gas emissions marine environment advisory opinion climate change
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情绪健康的测量:Wong和Law情绪智力量表的修订及其信效度评价
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作者 肖蓉 吕夏 《南方医科大学学报》 北大核心 2025年第10期2191-2198,共8页
目的对Wong和Law情绪智力量表(WLEIS)中文版进行修订并评价其测量学性能。方法对Wong和Law情绪智力量表(WLEIS)中文版的11个条目内容表述进行了修改,形成了Wong和Law情绪智力量表中文修订版(WLEIS-CR),使用广泛性焦虑障碍量表(GAD-7)、... 目的对Wong和Law情绪智力量表(WLEIS)中文版进行修订并评价其测量学性能。方法对Wong和Law情绪智力量表(WLEIS)中文版的11个条目内容表述进行了修改,形成了Wong和Law情绪智力量表中文修订版(WLEIS-CR),使用广泛性焦虑障碍量表(GAD-7)、9条目病人健康问卷(PHQ-9)和心盛量表(FS)为效标对1546名成年被试进行施测,对192名大学生被试进行重测,用所得数据对WLEIS-CR进行项目分析、验证性因素分析、信度、效度检验和等值性检验。结果WLEIS-CR的16个项目鉴别力指数均在0.4以上(r=0.570~0.764,P<0.001);验证性因素分析所得结构方程模型具有良好的拟合度(χ^(2)/df=4.610,GFI=0.965,PGFI=0.674,RMR=0.028,NFI=0.975,CFI=0.980,RMSEA=0.048)。WLEIS-CR与FS、GAD-7,PHQ-9的效标相关分别为0.674、-0.347、-0.368(P<0.001)。WLEIS-CR总量表α系数为0.913,各分量表的α系数在0.867~0.916之间,总量表的分半信度为0.956,各分量表的分半信度在0.865~0.924之间。总量表的重测信度为0.701,各因子的重测信度在0.610~0.684之间。制定并检验了WLEIS-CR结果解释标准,情绪智力为低水平者占7.6%、较低水平者占19.3%、中等水平占22.3%、较高水平占34.3%、很高水平占16.5%。WLEIS-CR具有跨性别、跨年龄和跨身份的等值性。结论WLEIS-CR具有良好的信、效度和测量等值性,适用于对中国成年人的情绪智力进行评估,测量他们的情绪健康状况。 展开更多
关键词 情绪健康 情绪智力 Wong和law情绪智力量表 信度 效度 测量等值
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基于Laws特征增强的多聚焦图像融合方法
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作者 董晨鹏 郭政义 +2 位作者 马怡冉 颜超 章秀华 《武汉工程大学学报》 2025年第6期658-663,682,共7页
针对细节丢失和块效应等影响融合图像质量的问题,提出了一种基于Laws特征增强的多聚焦图像融合方法。首先,利用Laws滤波提取多聚焦图像的Laws特征,得到Laws特征图;用改进的均值滤波方法对Laws特征图进行增强处理,得到特征增强图,并对特... 针对细节丢失和块效应等影响融合图像质量的问题,提出了一种基于Laws特征增强的多聚焦图像融合方法。首先,利用Laws滤波提取多聚焦图像的Laws特征,得到Laws特征图;用改进的均值滤波方法对Laws特征图进行增强处理,得到特征增强图,并对特征增强图采用极值策略提取决策图:最后,将源图像与决策图进行加权融合,得到融合结果。使用该方法对大量图像进行实验处理,结果表明:与其他融合方法相比,基于归一化互信息度量值最大提升32.87%,基于多尺度方案图像融合度量值增加26.57%。该图像融合方法显著提高视觉效果,具有较强的鲁棒性,适用于光场相机的全景深成像。 展开更多
关键词 多聚焦图像 图像融合 laws特征增强 极值策略
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Integrating Factors and Conservation Laws of Herglotz Type for Birkhoffian Systems 被引量:1
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作者 WANG Wenjing ZHANG Yi 《Wuhan University Journal of Natural Sciences》 2025年第1期49-56,共8页
The method of integrating factors is used to study the conservation laws of the Herglotz type Birkhoffian systems in this paper.Firstly,the definition of the integrating factors of the Herglotz type Birkhoffian system... The method of integrating factors is used to study the conservation laws of the Herglotz type Birkhoffian systems in this paper.Firstly,the definition of the integrating factors of the Herglotz type Birkhoffian systems is given.Secondly,the relationship between the integrating factors and conservation laws is studied,and the conservation theorems of Herglotz type Birkhoff's equations and their inverse theorems are established.Thirdly,two types of generalized Killing equations for calculating integrating factors are given.Finally,as an example,a linear damped oscillator is taken.This example can be transformed into a Herglotz type Birkhoffian system.The resulting conservation theorems are used to find the conserved quantities for this example. 展开更多
关键词 Birkhoffian system Herglotz's variational principle integrating factors conservation law
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Conservation Laws and Particular Solutions for a Keller-Segel Model
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作者 Luyun Chen Jie Lou 《Advances in Pure Mathematics》 2025年第2期107-118,共12页
This work focuses on a Keller-Segel chemotaxis model, with an emphasis on its conservation laws. Through a new approach combined with the multiplier method, called the mixed method, we obtain conservation vectors that... This work focuses on a Keller-Segel chemotaxis model, with an emphasis on its conservation laws. Through a new approach combined with the multiplier method, called the mixed method, we obtain conservation vectors that are related and unrelated to symmetric information. In addition, some exact solutions with particular forms are obtained according to the method of conservation laws. These particular solutions are different from the group-invariant solutions. 展开更多
关键词 Keller-Segel Model Conservation laws Mixed Method Exact Solutions
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Good Faith as a Compromise between Civil Law and Common Law Jurisdictions in the Legislative History of the CISG
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作者 Jingchi Wen 《Proceedings of Business and Economic Studies》 2025年第4期19-24,共6页
There is a wide recognition that encompassing an obligation of good faith in every commercial contract is one of the most important advances in contract law in the twentieth century^([1]).Despite the fact that this co... There is a wide recognition that encompassing an obligation of good faith in every commercial contract is one of the most important advances in contract law in the twentieth century^([1]).Despite the fact that this concept has been incorporated in the vast majority of national legal systems,its precise scope and application may vary from one to another,depending on the commercial traditions and customs of each legal system^([2]).The fact that good faith has been treated differently in different national legal systems has also been reflected on the international level through its inclusion in international legal instruments,one of which is the United Nations Convention on Contracts for the International Sale of Goods(hereafter CISG).In this article,the legislative history of the CISG will be closely examined with the purpose of finding out how a compromise was reached between the common law countries,which expressly objected to the imposition of a duty of good faith,and the civil law countries,which explicitly endorse its incorporation.A logical result flowing from this historical examination,as will be submitted,is that the conceptual ambiguity of good faith is the underlying reasoning behind their fundamentally different attitudes towards the incorporation of this notion in the international commercial context. 展开更多
关键词 CISG International economic law Commercial law Good faith
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Thermodynamic Energy-Laws Presuppose Time Orientation Subject to Principle of Least Action
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作者 Helmut Tributsch 《Journal of Modern Physics》 2025年第2期310-327,共18页
It is shown that time asymmetry is essential for deriving thermodynamic law and arises from the turnover of energy while reducing its information content and driving entropy increase. A dynamically interpreted princip... It is shown that time asymmetry is essential for deriving thermodynamic law and arises from the turnover of energy while reducing its information content and driving entropy increase. A dynamically interpreted principle of least action enables time asymmetry and time flow as a generation of action and redefines useful energy as an information system which implements a form of acting information. This is demonstrated using a basic formula, originally applied for time symmetry/energy conservation considerations, relating time asymmetry (which is conventionally denied but here expressly allowed), to energy behaviour. The results derived then explained that a dynamic energy is driving time asymmetry. It is doing it by decreasing the information content of useful energy, thus generating action and entropy increase, explaining action-time as an information phenomenon. Thermodynamic laws follow directly. The formalism derived readily explains what energy is, why it is conserved (1st law of thermodynamics), why entropy increases (2nd law) and that maximum entropy production within the restraints of the system controls self-organized processes of non-linear irreversible thermodynamics. The general significance of the principle of least action arises from its role of controlling the action generating oriented time of nature. These results contrast with present understanding of time neutrality and clock-time, which are here considered a source of paradoxes, intellectual contradictions and dead-end roads in models explaining nature and the universe. 展开更多
关键词 Thermodynamic laws Newton’s Time Nature’s Time Entropy Increase IRREVERSIBILITY SELF-ORGANIZATION Least Action
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Engineering,Law,and Justice:Relationships/Interactions Based on New Philosophical and Scientific Perspectives,and Philosophy of Justice
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作者 Refet Ramiz 《Philosophy Study》 2025年第5期216-253,共38页
In this work,firstly the general definition of law and types of law are presented.Then general definition of justice and types of justice are explained.Constructional and/or complementary theories are defined as gener... In this work,firstly the general definition of law and types of law are presented.Then general definition of justice and types of justice are explained.Constructional and/or complementary theories are defined as general/specific,and interaction theories,relationship theories,and hybrid theories are specifically mentioned.Accordingly,the interactions between the disciplines of law and justice are explained in more detail.Then,the general definition of engineering and philosophy of engineering are explained.The interactions between engineering and law are specifically evaluated,and interactions between engineering and 52 types of law are defined and case studies found in the literature are indicated for each.Then interactions between engineering and justice briefly mentioned.Relationships/interactions between engineering and 25 different types of justice discussed and evaluated with specific examples.Emphasis was placed on the historical development of the subject of philosophy in general,and philosophy of law was defined more specifically.Some of the philosophers of law and their areas of interest are presented in a table format and compared.The new perspective of philosophy was defined and the disciplines of R-Philosophy,R-Science,R-Justice,R-Law,R-Engineering,and R-Religion were expressed with the relevant basic concepts.New Era Philosophy,new and reconstructed Basic Philosophies,and Ideal Philosophical System explained generally.New perspective for the philosophy of justice is defined by considering the related new theories.Philosophy of defense,philosophy of equity,philosophy of equivalence,philosophy of judgment,philosophy of law,philosophy of protection,philosophy of punishment,and philosophy of rights are defined due to new perspective of philosophy.Also,philosophy of engineering law,philosophy of information technology law,philosophy of telecommunication law,and philosophy of security are defined by taking into account hybrid philosophies and general theories related to them.The interaction of engineering,law,justice,and basic philosophies has been generally expressed. 展开更多
关键词 engineering and law engineering and justice philosophy of engineering philosophy of justice philosophy of law New Era Philosophy Hybrid Philosophies Basic Philosophies Hybrid Sciences law and justice
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Judicial Facility Upgrade China-assisted state-of-the-art judicial complex construction in Malawi to speed up court processes
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作者 EDWIN NYIRONGO 《ChinAfrica》 2025年第1期40-41,共2页
A shortage of courtrooms has long been a challenge in Malawi,especially since more judges were hired to help to streamline the country’s judicial process.Yet,while the current judiciary is headquartered in the countr... A shortage of courtrooms has long been a challenge in Malawi,especially since more judges were hired to help to streamline the country’s judicial process.Yet,while the current judiciary is headquartered in the country’s second-largest city of Blantyre,due to a lack of work space;some sections of the judiciary are located elsewhere,such as the juvenile,commercial and industrial courts. 展开更多
关键词 law JUDICIAL COURT
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On the Soft Law Governance of Environmental Rights Protection in the Belt and Road Initiative
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作者 HU Xiaofan 《The Journal of Human Rights》 2025年第3期749-767,共19页
Environmental rights are an important part of General Secretary Xi Jinping’s important discourses on respecting and protecting human rights.Soft law has played a significant role in the integrated development of the ... Environmental rights are an important part of General Secretary Xi Jinping’s important discourses on respecting and protecting human rights.Soft law has played a significant role in the integrated development of the theories of environmental rights and human rights.At the practical level,the soft law cooperation documents of the Belt and Road Initiative(BRI)have established general principles for the protection of environmental rights,policies for addressing climate change,standards for green investment and financing,and obligations for multinational corporations to protect the environment,making a contribution to the development and protection of environmental rights.In the future process of global environmental governance,it is necessary to start with the BRI’s soft law documents to further clarify the specific protection standards for environmental rights and promote the transformation of soft law into binding bilateral or multilateral agreements at the international level.In addition,it is essential to urge governments and enterprises to fulfill their due diligence obligations for environmental protection and strengthen information disclosure by emphasizing public interest responsibilities.Efforts should also be made to improve the environmental compliance systems of“going global”enterprises and enhance government supervision over corporate accountability for environmental rights.A corporate environmental protection accountability mechanism should be established,so as to actively promote global environmental governance in a more just and reasonable direction. 展开更多
关键词 co-construction of the Belt and Road Initiative environmental rights human rights soft law governance hard law
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A Comparative Study on the Application of International Human Rights Law and International Humanitarian Law in Armed Conflicts——Summary of the 2024 China-Europe Seminar on Human Rights
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作者 LU Yu CHEN Feng(Translated) 《The Journal of Human Rights》 2025年第1期190-208,共19页
The Russia-Ukraine conflict remains unresolved,while the armed conflict between Israel and Palestine continues to escalate,causing significant civilian casualties.To better protect the victims of war in armed conflict... The Russia-Ukraine conflict remains unresolved,while the armed conflict between Israel and Palestine continues to escalate,causing significant civilian casualties.To better protect the victims of war in armed conflicts,clarifying the applicability of international human rights law(IHRL)and international humanitarian law(IHL)in such contexts has become an urgent issue.A comparative study on the application of IHRL and IHL needs to address three key questions step by step:First,whether IHRL is applicable during armed conflicts;second,if applicable,how IHRL complements and interacts with IHL;and third,what methods should be adopted to resolve conflicts when IHRL and IHL are applied concurrently.In this context,an analysis of the historical development of IHRL and IHL reveals that the two share a common philosophical foundation,and thus they can be applied concurrently during armed conflicts.From an empirical perspective,IHRL engages with IHL through two approaches:interpreting IHL provisions and directly applying IHRL to armed conflicts,thereby fostering interactive development between the two.In cases where normative conflicts arise between IHRL and IHL,such as in the rules on the use of force and internment procedures,the principles of systemic integration and lex specialis can reconcile these conflicts during the application process. 展开更多
关键词 International Human Rights law(IHRL) International Humanitarian law(IHL) armed conflict comparative study
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FORUM:HOW ROMAN PRIVATE LAW GOES NEW WAYS
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作者 Sven Günther 《Journal of Ancient Civilizations》 2025年第1期105-112,115,共9页
Law is all but not known for innovation.This is also true for studies in Roman private law,which have followed a system that is imagined to derive from the 2nd century AD jurist Gaius and late antique Justinianic codi... Law is all but not known for innovation.This is also true for studies in Roman private law,which have followed a system that is imagined to derive from the 2nd century AD jurist Gaius and late antique Justinianic codification.The shaping hands of the ancient codifiers and those of the medieval,early modern and 19th century jurists on Roman private law and the related legal discourses have been identified and studied at length.However,a real shift to discover the ways in which Roman private law became formed and was practiced has not been undertaken in comprehensive manner until the publication of the Handbook of Roman Private Law which is reviewed in the following from the perspective of an ancient historian. 展开更多
关键词 innovation medieval jurists ancient historian th century jurists handbook roman private law legal studies early modern jurists roman private law
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Jean-Baptiste Say’s Economic Thought: Contributions and Flaws
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作者 CUI Shaozhong WU Sihan 《Economics World》 2025年第2期155-161,共7页
This paper examines the enduring impact of Jean-Baptiste Say’s A Treatise on Political Economy on classical economic theory and modern economic policy.It highlights Say’s Law,which posits that supply creates its own... This paper examines the enduring impact of Jean-Baptiste Say’s A Treatise on Political Economy on classical economic theory and modern economic policy.It highlights Say’s Law,which posits that supply creates its own demand,challenging mercantilist views and emphasizing the intrinsic link between production and consumption.The paper also discusses Say’s vision of the entrepreneur as a catalyst for economic growth through innovation and resource allocation,distinguishing him from his contemporaries.It also explores his concept of self-regulating markets,tracing its origins to Adam Smith and its development through Say’s work,which suggests that individual actions in pursuit of self-interest lead to efficient resource allocation without significant government intervention.The paper acknowledges the critiques on Say’s Law,particularly during economic downturns,and the subsequent rise of Keynesian economics,which advocates government intervention to stimulate demand.Finally,it reflects on Say’s legacy,including his influence on subsequent economic thought,and the global application of his principles in various economic policies.The paper concludes that Say’s insights,while contested and flawed,remain important to understand market economies and shaping economic policy in the face of contemporary challenges. 展开更多
关键词 Say’s law ENTREPRENEURSHIP self-regulating markets
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Materiality in Environmental Information Disclosure:A Comparative Analysis of the Securities Law of the United States and China
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作者 Huihui Wu Hasani Mohd Ali Hazlina Shaik Md Noor Alam 《Journal of Environmental & Earth Sciences》 2025年第5期215-232,共18页
The purpose of this study lies in exploring the role of materiality in environmental information disclosures under the securities laws of the United States and China,discussing the differences in the regulatory mechan... The purpose of this study lies in exploring the role of materiality in environmental information disclosures under the securities laws of the United States and China,discussing the differences in the regulatory mechanism,limits of enforcement,and challenges of seeking global harmonization.The paper does a comparative legal analysis of statutory provisions,judicial interpretations,and regulatory frameworks of the U.S.Securities and Exchange Commission(SEC)and the China Securities Regulatory Commission(CSRC).Furthermore,it provides frameworks of global sustainability reporting such as the Task Force on Climate-related Financial Disclosures(TCFD)and the Global Reporting Initiative(GRI).The findings show that U.S.securities law uses a financial materiality standard with respect to what companies must disclose to investors.On the other hand,China’s regulatory approach has a double materiality in considering not only financial impacts but also wider environmental and social factors.Although there are these distinctions,both of these jurisdictions face issues of common obstruction such as ambiguities in materiality determination,inconsistent enforcement,and fear of greenwashing.This paper asserts that the U.S.and China regulatory frameworks need to converge more to promote greater corporate transparency and ESG disclosures.Regulators can even align disclosure practices with internationally recognized standards of work to add confidence for investors,fight off misleading sustainability claims and ensure accountable reporting in pertinent environments.The study concludes that the green challenges of global markets can only be tackled by regulating cooperative actions and using standardized reporting guidelines. 展开更多
关键词 Securities law Environmental Information Disclosure ESG MATERIALITY SEC CSRC MEE
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