Employees’innovative performance determines an organization’s innovation,which critically impacts its structural optimization and sustainability.Applying expectancy theory,we examined how and when the Pygmalion effe...Employees’innovative performance determines an organization’s innovation,which critically impacts its structural optimization and sustainability.Applying expectancy theory,we examined how and when the Pygmalion effect occurs in the relationship between leaders’expectations of innovation and employee innovative behavior.Our sample comprised 201 frontline employees(female=31.84%;mean age=41.48 years,SD=7.97 years)in a Chinese coal enterprise,who completed surveys on innovation expectations of leaders,expected positive performance outcomes,innovative self-efficacy and innovative behavior.The results revealed that employees’expected positive performance outcomes mediated the positive relationship between leaders’innovation expectations and their innovative behavior.Employees’innovative self-efficacy positively moderated the relationship between their expected positive performance outcomes and innovative behavior,with this relationship being stronger for employees with high innovative self-efficacy.Moreover,we validated the moderated mediation model.Findings suggest that leaders can stimulate employee innovative behavior through expressing expectations and they also need to consider the boundary conditions.展开更多
Background There is a lack of research examining the interplay between objectively measured physical activity volume and intensity with life expectancy.The purpose of the study was to investigate the interplay between...Background There is a lack of research examining the interplay between objectively measured physical activity volume and intensity with life expectancy.The purpose of the study was to investigate the interplay between objectively measured PA volume and intensity profiles with modeled life expectancy in women and men within the UK Biobank cohort study and interpret findings in relation to brisk walking.Methods Individuals from UK Biobank with wrist-worn accelerometer data were included.The average acceleration and intensity gradient were extracted to describe the physical activity volume and intensity profile.Mortality data were obtained from national registries.Adjusted life expectancies were estimated using parametric flexible survival models.Results 40,953(57.1%)women(median age=61.9 years)and 30,820(42.9%)men(63.1 years)were included.Over a median follow-up of 6.9 years,there were 1719(2.4%)deaths(733 in women;986 in men).At 60 years,life expectancy was progressively longer for higher physical activity volume and intensity profiles,reaching 95.6 years in women and 94.5 years in men at the 90th centile for both volume and intensity,corresponding to 3.4 additional years(95%confidence interval(95%CI):2.4-4.4)in women and 4.6 additional years(95%CI:3.6-5.6)in men compared to those at the 10th centiles.An additional 10-min or 30-min daily brisk walk was associated with 0.9(95%CI:0.5-1.3)and 1.4 years(95%CI:0.9-1.9)longer life expectancy,respectively,in inactive women;and 1.4 years(95%CI:1.0-1.8)and 2.5(95%CI:1.9-3.1)in inactive men.Conclusion Higher physical activity volumes were associated with longer life expectancy,with a higher physical activity intensity profile further adding to a longer life.Adding as little as a 10-min brisk walk to daily activity patterns may result in a meaningful benefit to life expectancy.展开更多
Objective Telomere length is a key aging biomarker,but its sex-specific impact on individualized life expectancy remains uncertain.This study explores sex differences in leukocyte telomere length(LTL)and individualize...Objective Telomere length is a key aging biomarker,but its sex-specific impact on individualized life expectancy remains uncertain.This study explores sex differences in leukocyte telomere length(LTL)and individualized expected years of life lost(YLL).Methods A prospective cohort of 445,399 participants(203,731 males and 241,668 females)from the UK Biobank was analyzed.LTL values were log-transformed,and YLL was calculated using life tables.Multiple linear regression was applied to examine sex-specific associations.Results In males,each standard deviation(S.D.)increase in LTL was linked to a 0.965-year decrease in YLL(95%CI:–1.025,–0.900;P<0.001).In females,longer LTL was related to a 0.102-year increase in YLL(95%CI:0.057,0.146;P<0.001).Among postmenopausal females,LTL showed a protective effect similar to that in males(0.387-year decrease,95%CI:−0.446,–0.328;P<0.001),while premenopausal females exhibited a detrimental association(0.705-year increase,95%CI:0.625,0.785;P<0.001).Comparable trends were observed across major aging-related diseases,pointing to a consistent biological pattern.Conclusion The influence of LTL on life expectancy varies significantly by sex,with protective associations seen in males and postmenopausal females.This suggests hormonal involvement in telomere dynamics.The results support integrating sex-specific perspectives into aging and telomere research and clinical practice.展开更多
In the new released article of the Journal of Sport and Health Science,Zaccardi et al.1 provide compelling evidence that engaging in higher volumes and intensities of physical activity(PA)increases life expectancy in ...In the new released article of the Journal of Sport and Health Science,Zaccardi et al.1 provide compelling evidence that engaging in higher volumes and intensities of physical activity(PA)increases life expectancy in older men and women enrolled in the UK Biobank study.The study included 30,820 men and 40,953 women with median ages of 63.1 years and 61.9 years,respectively.Study participants wore accelerometers to track their time and intensity of PA for 7 days at baseline.展开更多
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
Healthy life expectancy is a pivotal measure of population health by integrating both life expectancy and the quality of years lived.A significant increase in life expectancy was evident in most populations during the...Healthy life expectancy is a pivotal measure of population health by integrating both life expectancy and the quality of years lived.A significant increase in life expectancy was evident in most populations during the past decades worldwide[1],but the growth in healthy life expectancy has generally lagged behind[2].China has made substantial strides in enhancing both life expectancy and healthy life expectancy.展开更多
Background:Music has proven to be vital in enhancing resilience and promotingwell-being.Previously,the impact of music in sports environments was solely investigated,while this paper applies it to study environments,s...Background:Music has proven to be vital in enhancing resilience and promotingwell-being.Previously,the impact of music in sports environments was solely investigated,while this paper applies it to study environments,standing out as pioneering research.The study consists of a systematic development of a conceptual framework based on theories of Uses and Gratification Expectancy(UGE)and perceived motivation based on music elements.Their components are observed variables influencing students’psychological well-being(as the dependent variable).Resilience is examined as a mediator,influencing the relationships of both observed and dependent variables.The main purpose of this study is to highlight the positive effects of online music consumption on the psychological well-being of students.Methods:Semi-structured qualitative interviews were conducted with eighteen final year creative multimedia undergraduate students belonging to five central region Malaysian universities,especially on their UGE needs,and a similar concept survey instrument with two hundred participants.The interview data were analysed through thematic analysis,while the survey data through descriptive and Partial Least Squares Structural Equation Modeling(PLS-SEM).Results:The results highlight that students gain motivation from online music,which positively affects their psychological well-being(β=0.190,p=0.003,f^(2)=0.037),while resilience significantly affects this relationship(β=0.562,p<0.001,f^(2)=0.461).However,the results also predict a partial relationship between constructs based on UGE with psychological well-being,mediated by resilience,i.e.,AT-UGE(β=0.021,p=0.783,f^(2)=0.000),SIPI-UGE(β=0.228,p=0.004,f^(2)=0.044).Conclusion:The outcome of the study reflected practical,meaningful,and statistically significant results.The majority of the predictors,with the exception of one,i.e.,AT-UGE,displayed a clear positive relation of online music consumption on the Psychological Well-being of students.Future research will explore varying contextual factors impacting online music-related gratifications,motivations,and resilience,along with additional potential mediators and moderators.展开更多
With the industrialization of agriculture and the advancement of medical care,human life expectancy has increased considerably and continues to rise steadily.This results in novel and unprecedented challenges,namely o...With the industrialization of agriculture and the advancement of medical care,human life expectancy has increased considerably and continues to rise steadily.This results in novel and unprecedented challenges,namely obesity and neurodegeneration.展开更多
This article studies optimal consumption-leisure, portfolio and retirement selection of an infinitely lived investor whose preference is formulated by a-maxmin expected CES utility which is to differentiate ambiguity ...This article studies optimal consumption-leisure, portfolio and retirement selection of an infinitely lived investor whose preference is formulated by a-maxmin expected CES utility which is to differentiate ambiguity and ambiguity attitude. Adopting the recursive multiple- priors utility and the technique of backward stochastic differential equations （BSDEs）, we transform the （^-maxmin expected CES utility into a classical expected CES utility under a new probability measure related to the degree of an investor＇s uncertainty. Our model investi- gates the optimal consumption-leisure-work selection, the optimal portfolio selection, and the optimal stopping problem. In this model, the investor is able to adjust her supply of labor flex- ibly above a certain minimum work-hour along with a retirement option. The problem can be analytically solved by using a variational inequality. And the optimal retirement time is given as the first time when her wealth exceeds a certain critical level. The optimal consumption-leisure and portfolio strategies before and after retirement are provided in closed forms. Finally, the distinctions of optimal consumption-leisure, portfolio and critical wealth level under ambiguity from those with no vagueness are discussed.展开更多
Magnitude and distance of major potential source are needed in order to determine duration time of artificial ground motion and to determine the type of response spectrum (near field or far field) when using the seism...Magnitude and distance of major potential source are needed in order to determine duration time of artificial ground motion and to determine the type of response spectrum (near field or far field) when using the seismic intensity zonation map. The magnitude probabilistic distribution function of seismic belt and the magnitude and space joint distribution function for given intensity of the site in a potential Source are provided. Then the basicformula of calculating expected magnitude and expected distance are developed. Several examples for calculating expected magnitude and expected distance in northern China are discussed. These results show that expected magnitude and expected distance are related not only to geometry of potential source and magnitude but also to the intensity of the site with certain exceeding probability.展开更多
During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Account...During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Accounting Standards （IAS） 39, because it is believed that this delay might generate pro-cyclical effects. In response to the recommendations of G20, Financial Crisis Advisory Group （FCAG）, and other international bodies, the International Accounting Standards Board （IASB） has undertaken, since 2009, as a part of the project to replace IAS 39, a project （partially shared with Financial Accounting Standards Board （FASB）） aimed at introducing an expected loss model of impairment. Within the scope of this subset project, the IASB has previously issued two exposure documents proposing models to account for expected credit losses： an exposure draft （ED） Financial Instrument： Amortized Cost and Impairment, published in November 2009, and a supplementary document （SD） Financial Instrument： Impairment, published jointly with the FASB in January 2011. However, neither of the two proposals received strong support from interested parties. Recently, the IASB, after the FASB＇s decision to withdraw from the joint project and to develop a separate expected credit loss model based on a single measurement approach consisting in the sole recognition of lifetime expected credit losses, published a third proposal--Ahe so-called expected credit losses model （ED/2013/3 Financial Instruments： Expected Credit Losses）.展开更多
The purpose of this paper is to consider the expected value of a discounted penalty due at ruin in the Erlang（2） risk process under constant interest force. An integro-differential equation satisfied by the expected...The purpose of this paper is to consider the expected value of a discounted penalty due at ruin in the Erlang（2） risk process under constant interest force. An integro-differential equation satisfied by the expected value and a second-order differential equation for the Laplace transform of the expected value are derived. In addition, the paper will present the recursive algorithm for the joint distribution of the surplus immediately before ruin and the deficit at ruin. Finally, by the differential equation, the defective renewal equation and the explicit expression for the expected value are given in the interest-free case.展开更多
Double Q-learning has been shown to be effective in reinforcement learning scenarios when the reward system is stochastic. We apply the idea of double learning that this algorithm uses to Sarsa and Expected Sarsa, pro...Double Q-learning has been shown to be effective in reinforcement learning scenarios when the reward system is stochastic. We apply the idea of double learning that this algorithm uses to Sarsa and Expected Sarsa, producing two new algorithms called Double Sarsa and Double Expected Sarsa that are shown to be more robust than their single counterparts when rewards are stochastic. We find that these algorithms add a significant amount of stability in the learning process at only a minor computational cost, which leads to higher returns when using an on-policy algorithm. We then use shallow and deep neural networks to approximate the actionvalue, and show that Double Sarsa and Double Expected Sarsa are much more stable after convergence and can collect larger rewards than the single versions.展开更多
<p align="justify"> <span style="font-family:Verdana;">The results were analyzed by unconditional logistic regression. The analysis results showed that the positions entered into the re...<p align="justify"> <span style="font-family:Verdana;">The results were analyzed by unconditional logistic regression. The analysis results showed that the positions entered into the regression model (OR = 2.339);the expected retirement age (OR = 3.280);and delayed retirement can better solve the pension problem (OR = 0.553). Retirement can relieve child financial pressure (OR = 0.217), emotional exhaustion (OR = 0.913) and social opportunities (OR = 1.132). The OR of job title, expected retirement age, and social opportunities is greater than 1, and the others are less than 1. Conclusion: The most expected retirement age for nurses is 50 to 55 years old, and they are more inclined to retire early. Factors affecting the willingness to postpone retirement include position and expected retirement age. Postponement of retirement can better solve pension problems. Postponement of retirement can alleviate child financial pressure, social opportunities and emotional exhaustion.展开更多
Expected shortfall(ES) is a new method to measure market risk. In this paper, an example was presented to illustrate that the ES is coherent but value-at-risk(VaR) is not coherent. Three formulas for calculating the E...Expected shortfall(ES) is a new method to measure market risk. In this paper, an example was presented to illustrate that the ES is coherent but value-at-risk(VaR) is not coherent. Three formulas for calculating the ES based on historical simulation method, normal method and GARCH method were derived. Further, a numerical experiment on optimizing portfolio using ES was provided.展开更多
Structural and geomorphological analysis of the Martian surface in the visible spectral range using the NASA/Viking images in the 90’s,complemented by experimental modelling(Mège and Masson,1996a;Mège et al...Structural and geomorphological analysis of the Martian surface in the visible spectral range using the NASA/Viking images in the 90’s,complemented by experimental modelling(Mège and Masson,1996a;Mège et al.,2003)suggested that the Valles Marineris trough(chasma)system is aligned with a mafic dyke swarm,named the Syria Planum Dyke Swarm.Cross-cutting relationships and展开更多
In this article, the risk process perturbed by diffusion under interest force is considered, the continuity and twice continuous differentiability for Фδ（u,w） are discussed,the Feller expression and the integro-di...In this article, the risk process perturbed by diffusion under interest force is considered, the continuity and twice continuous differentiability for Фδ（u,w） are discussed,the Feller expression and the integro-differential equation satisfied by Фδ （u ,w） are derived. Finally, the decomposition of Фδ（u,w） is discussed, and some properties of each decomposed part of Фδ（u,w） are obtained. The results can be reduced to some ones in Gerber and Landry＇s,Tsai and Willmot＇s, and Wang＇s works by letting parameter δ and （or） a be zero.展开更多
In this paper, we consider the dual risk model in which periodic taxation are paid according to a loss-carry-forward system and dividends are paid under a threshold strategy. We give an analytical approach to derive t...In this paper, we consider the dual risk model in which periodic taxation are paid according to a loss-carry-forward system and dividends are paid under a threshold strategy. We give an analytical approach to derive the expression of gδ(u) (i.e. the Laplace transform of the first upper exit time). We discuss the expected discounted tax payments for this model and obtain its corresponding integro-differential equations. Finally, for Erlang (2) inter-innovation distribution, closedform expressions for the expected discounted tax payments are given.展开更多
Through the study of parse wood materials in Shandong Province, the fitting empirical equation of tree growth was obtained, a function with tree growth was a variable and time as an independent variable. Through mathe...Through the study of parse wood materials in Shandong Province, the fitting empirical equation of tree growth was obtained, a function with tree growth was a variable and time as an independent variable. Through mathematical operations such as function derivation, the mature age of tree growth was obtained. The obtained expected maturity age for Populus tomentosa forest was 11 a for pulp material, 26 a for pillar materials and 41 a for peeler. And the application, research directions and precautions of the mature ages were proposed.展开更多
基金funded by“National Natural Science Foundation of China”grant number[71872119]“Shanxi Provincial Government Major Decision-making Consulting Project”grant number[ZB20240114]The APC was funded by“Shanxi Provincial Government Major Decision-making Consulting Project”grant number[ZB20240114].
文摘Employees’innovative performance determines an organization’s innovation,which critically impacts its structural optimization and sustainability.Applying expectancy theory,we examined how and when the Pygmalion effect occurs in the relationship between leaders’expectations of innovation and employee innovative behavior.Our sample comprised 201 frontline employees(female=31.84%;mean age=41.48 years,SD=7.97 years)in a Chinese coal enterprise,who completed surveys on innovation expectations of leaders,expected positive performance outcomes,innovative self-efficacy and innovative behavior.The results revealed that employees’expected positive performance outcomes mediated the positive relationship between leaders’innovation expectations and their innovative behavior.Employees’innovative self-efficacy positively moderated the relationship between their expected positive performance outcomes and innovative behavior,with this relationship being stronger for employees with high innovative self-efficacy.Moreover,we validated the moderated mediation model.Findings suggest that leaders can stimulate employee innovative behavior through expressing expectations and they also need to consider the boundary conditions.
基金funded by the National Institute for Health Research (NIHR) Leicester Biomedical Research Centre (BRC)the Applied Research Collaborations East Midlands (ARC-EM)supported by a UKRI project grant (MR/T031816/1)。
文摘Background There is a lack of research examining the interplay between objectively measured physical activity volume and intensity with life expectancy.The purpose of the study was to investigate the interplay between objectively measured PA volume and intensity profiles with modeled life expectancy in women and men within the UK Biobank cohort study and interpret findings in relation to brisk walking.Methods Individuals from UK Biobank with wrist-worn accelerometer data were included.The average acceleration and intensity gradient were extracted to describe the physical activity volume and intensity profile.Mortality data were obtained from national registries.Adjusted life expectancies were estimated using parametric flexible survival models.Results 40,953(57.1%)women(median age=61.9 years)and 30,820(42.9%)men(63.1 years)were included.Over a median follow-up of 6.9 years,there were 1719(2.4%)deaths(733 in women;986 in men).At 60 years,life expectancy was progressively longer for higher physical activity volume and intensity profiles,reaching 95.6 years in women and 94.5 years in men at the 90th centile for both volume and intensity,corresponding to 3.4 additional years(95%confidence interval(95%CI):2.4-4.4)in women and 4.6 additional years(95%CI:3.6-5.6)in men compared to those at the 10th centiles.An additional 10-min or 30-min daily brisk walk was associated with 0.9(95%CI:0.5-1.3)and 1.4 years(95%CI:0.9-1.9)longer life expectancy,respectively,in inactive women;and 1.4 years(95%CI:1.0-1.8)and 2.5(95%CI:1.9-3.1)in inactive men.Conclusion Higher physical activity volumes were associated with longer life expectancy,with a higher physical activity intensity profile further adding to a longer life.Adding as little as a 10-min brisk walk to daily activity patterns may result in a meaningful benefit to life expectancy.
基金supported by the National Natural Science Foundation of China(82192903,82192904)the National Science and Technology Major Projects of China(2023ZD0510103)。
文摘Objective Telomere length is a key aging biomarker,but its sex-specific impact on individualized life expectancy remains uncertain.This study explores sex differences in leukocyte telomere length(LTL)and individualized expected years of life lost(YLL).Methods A prospective cohort of 445,399 participants(203,731 males and 241,668 females)from the UK Biobank was analyzed.LTL values were log-transformed,and YLL was calculated using life tables.Multiple linear regression was applied to examine sex-specific associations.Results In males,each standard deviation(S.D.)increase in LTL was linked to a 0.965-year decrease in YLL(95%CI:–1.025,–0.900;P<0.001).In females,longer LTL was related to a 0.102-year increase in YLL(95%CI:0.057,0.146;P<0.001).Among postmenopausal females,LTL showed a protective effect similar to that in males(0.387-year decrease,95%CI:−0.446,–0.328;P<0.001),while premenopausal females exhibited a detrimental association(0.705-year increase,95%CI:0.625,0.785;P<0.001).Comparable trends were observed across major aging-related diseases,pointing to a consistent biological pattern.Conclusion The influence of LTL on life expectancy varies significantly by sex,with protective associations seen in males and postmenopausal females.This suggests hormonal involvement in telomere dynamics.The results support integrating sex-specific perspectives into aging and telomere research and clinical practice.
文摘In the new released article of the Journal of Sport and Health Science,Zaccardi et al.1 provide compelling evidence that engaging in higher volumes and intensities of physical activity(PA)increases life expectancy in older men and women enrolled in the UK Biobank study.The study included 30,820 men and 40,953 women with median ages of 63.1 years and 61.9 years,respectively.Study participants wore accelerometers to track their time and intensity of PA for 7 days at baseline.
文摘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.
文摘Healthy life expectancy is a pivotal measure of population health by integrating both life expectancy and the quality of years lived.A significant increase in life expectancy was evident in most populations during the past decades worldwide[1],but the growth in healthy life expectancy has generally lagged behind[2].China has made substantial strides in enhancing both life expectancy and healthy life expectancy.
基金funded by Malaysian Ministry of Higher Education(MOHE)under the Fundamental Research Grant Scheme(FRGS/1/2023/SSI07/MMU/02/3)which is awarded to the Multimedia University.The project is led by the second author.
文摘Background:Music has proven to be vital in enhancing resilience and promotingwell-being.Previously,the impact of music in sports environments was solely investigated,while this paper applies it to study environments,standing out as pioneering research.The study consists of a systematic development of a conceptual framework based on theories of Uses and Gratification Expectancy(UGE)and perceived motivation based on music elements.Their components are observed variables influencing students’psychological well-being(as the dependent variable).Resilience is examined as a mediator,influencing the relationships of both observed and dependent variables.The main purpose of this study is to highlight the positive effects of online music consumption on the psychological well-being of students.Methods:Semi-structured qualitative interviews were conducted with eighteen final year creative multimedia undergraduate students belonging to five central region Malaysian universities,especially on their UGE needs,and a similar concept survey instrument with two hundred participants.The interview data were analysed through thematic analysis,while the survey data through descriptive and Partial Least Squares Structural Equation Modeling(PLS-SEM).Results:The results highlight that students gain motivation from online music,which positively affects their psychological well-being(β=0.190,p=0.003,f^(2)=0.037),while resilience significantly affects this relationship(β=0.562,p<0.001,f^(2)=0.461).However,the results also predict a partial relationship between constructs based on UGE with psychological well-being,mediated by resilience,i.e.,AT-UGE(β=0.021,p=0.783,f^(2)=0.000),SIPI-UGE(β=0.228,p=0.004,f^(2)=0.044).Conclusion:The outcome of the study reflected practical,meaningful,and statistically significant results.The majority of the predictors,with the exception of one,i.e.,AT-UGE,displayed a clear positive relation of online music consumption on the Psychological Well-being of students.Future research will explore varying contextual factors impacting online music-related gratifications,motivations,and resilience,along with additional potential mediators and moderators.
文摘With the industrialization of agriculture and the advancement of medical care,human life expectancy has increased considerably and continues to rise steadily.This results in novel and unprecedented challenges,namely obesity and neurodegeneration.
基金Supported by National Natural Science Foundation of China (71171003, 71271003)Programming Fund Project of the Humanities and Social Sciences Research of the Ministry of Education of China (12YJA790041)+1 种基金Anhui Natural Science Foundation (090416225, 1208085MG116)Anhui Natural Science Foundation of Universities (KJ2010A037, KJ2010B026)
文摘This article studies optimal consumption-leisure, portfolio and retirement selection of an infinitely lived investor whose preference is formulated by a-maxmin expected CES utility which is to differentiate ambiguity and ambiguity attitude. Adopting the recursive multiple- priors utility and the technique of backward stochastic differential equations （BSDEs）, we transform the （^-maxmin expected CES utility into a classical expected CES utility under a new probability measure related to the degree of an investor＇s uncertainty. Our model investi- gates the optimal consumption-leisure-work selection, the optimal portfolio selection, and the optimal stopping problem. In this model, the investor is able to adjust her supply of labor flex- ibly above a certain minimum work-hour along with a retirement option. The problem can be analytically solved by using a variational inequality. And the optimal retirement time is given as the first time when her wealth exceeds a certain critical level. The optimal consumption-leisure and portfolio strategies before and after retirement are provided in closed forms. Finally, the distinctions of optimal consumption-leisure, portfolio and critical wealth level under ambiguity from those with no vagueness are discussed.
文摘Magnitude and distance of major potential source are needed in order to determine duration time of artificial ground motion and to determine the type of response spectrum (near field or far field) when using the seismic intensity zonation map. The magnitude probabilistic distribution function of seismic belt and the magnitude and space joint distribution function for given intensity of the site in a potential Source are provided. Then the basicformula of calculating expected magnitude and expected distance are developed. Several examples for calculating expected magnitude and expected distance in northern China are discussed. These results show that expected magnitude and expected distance are related not only to geometry of potential source and magnitude but also to the intensity of the site with certain exceeding probability.
文摘During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Accounting Standards （IAS） 39, because it is believed that this delay might generate pro-cyclical effects. In response to the recommendations of G20, Financial Crisis Advisory Group （FCAG）, and other international bodies, the International Accounting Standards Board （IASB） has undertaken, since 2009, as a part of the project to replace IAS 39, a project （partially shared with Financial Accounting Standards Board （FASB）） aimed at introducing an expected loss model of impairment. Within the scope of this subset project, the IASB has previously issued two exposure documents proposing models to account for expected credit losses： an exposure draft （ED） Financial Instrument： Amortized Cost and Impairment, published in November 2009, and a supplementary document （SD） Financial Instrument： Impairment, published jointly with the FASB in January 2011. However, neither of the two proposals received strong support from interested parties. Recently, the IASB, after the FASB＇s decision to withdraw from the joint project and to develop a separate expected credit loss model based on a single measurement approach consisting in the sole recognition of lifetime expected credit losses, published a third proposal--Ahe so-called expected credit losses model （ED/2013/3 Financial Instruments： Expected Credit Losses）.
基金supported by the National Natural science Foundation of china(70271069)
文摘The purpose of this paper is to consider the expected value of a discounted penalty due at ruin in the Erlang（2） risk process under constant interest force. An integro-differential equation satisfied by the expected value and a second-order differential equation for the Laplace transform of the expected value are derived. In addition, the paper will present the recursive algorithm for the joint distribution of the surplus immediately before ruin and the deficit at ruin. Finally, by the differential equation, the defective renewal equation and the explicit expression for the expected value are given in the interest-free case.
文摘Double Q-learning has been shown to be effective in reinforcement learning scenarios when the reward system is stochastic. We apply the idea of double learning that this algorithm uses to Sarsa and Expected Sarsa, producing two new algorithms called Double Sarsa and Double Expected Sarsa that are shown to be more robust than their single counterparts when rewards are stochastic. We find that these algorithms add a significant amount of stability in the learning process at only a minor computational cost, which leads to higher returns when using an on-policy algorithm. We then use shallow and deep neural networks to approximate the actionvalue, and show that Double Sarsa and Double Expected Sarsa are much more stable after convergence and can collect larger rewards than the single versions.
文摘<p align="justify"> <span style="font-family:Verdana;">The results were analyzed by unconditional logistic regression. The analysis results showed that the positions entered into the regression model (OR = 2.339);the expected retirement age (OR = 3.280);and delayed retirement can better solve the pension problem (OR = 0.553). Retirement can relieve child financial pressure (OR = 0.217), emotional exhaustion (OR = 0.913) and social opportunities (OR = 1.132). The OR of job title, expected retirement age, and social opportunities is greater than 1, and the others are less than 1. Conclusion: The most expected retirement age for nurses is 50 to 55 years old, and they are more inclined to retire early. Factors affecting the willingness to postpone retirement include position and expected retirement age. Postponement of retirement can better solve pension problems. Postponement of retirement can alleviate child financial pressure, social opportunities and emotional exhaustion.
文摘Expected shortfall(ES) is a new method to measure market risk. In this paper, an example was presented to illustrate that the ES is coherent but value-at-risk(VaR) is not coherent. Three formulas for calculating the ES based on historical simulation method, normal method and GARCH method were derived. Further, a numerical experiment on optimizing portfolio using ES was provided.
文摘Structural and geomorphological analysis of the Martian surface in the visible spectral range using the NASA/Viking images in the 90’s,complemented by experimental modelling(Mège and Masson,1996a;Mège et al.,2003)suggested that the Valles Marineris trough(chasma)system is aligned with a mafic dyke swarm,named the Syria Planum Dyke Swarm.Cross-cutting relationships and
文摘In this article, the risk process perturbed by diffusion under interest force is considered, the continuity and twice continuous differentiability for Фδ（u,w） are discussed,the Feller expression and the integro-differential equation satisfied by Фδ （u ,w） are derived. Finally, the decomposition of Фδ（u,w） is discussed, and some properties of each decomposed part of Фδ（u,w） are obtained. The results can be reduced to some ones in Gerber and Landry＇s,Tsai and Willmot＇s, and Wang＇s works by letting parameter δ and （or） a be zero.
文摘In this paper, we consider the dual risk model in which periodic taxation are paid according to a loss-carry-forward system and dividends are paid under a threshold strategy. We give an analytical approach to derive the expression of gδ(u) (i.e. the Laplace transform of the first upper exit time). We discuss the expected discounted tax payments for this model and obtain its corresponding integro-differential equations. Finally, for Erlang (2) inter-innovation distribution, closedform expressions for the expected discounted tax payments are given.
文摘Through the study of parse wood materials in Shandong Province, the fitting empirical equation of tree growth was obtained, a function with tree growth was a variable and time as an independent variable. Through mathematical operations such as function derivation, the mature age of tree growth was obtained. The obtained expected maturity age for Populus tomentosa forest was 11 a for pulp material, 26 a for pillar materials and 41 a for peeler. And the application, research directions and precautions of the mature ages were proposed.
