A weed is a plant that thrives in areas of human disturbance, such as gardens, fields, pastures, waysides, and waste places where it is not intentionally cultivated. Dispersal affects community dynamics and vegetation...A weed is a plant that thrives in areas of human disturbance, such as gardens, fields, pastures, waysides, and waste places where it is not intentionally cultivated. Dispersal affects community dynamics and vegetation response to global change. The process of seed disposal is influenced by wind, which plays a crucial role in determining the distance and probability of seed dispersal. Existing models of seed dispersal consider wind direction but fail to incorporate wind intensity. In this paper, a novel seed disposal model was proposed in this paper, incorporating wind intensity based on relevant references. According to various climatic conditions, including temperate, arid, and tropical regions, three specific regions were selected to establish a wind dispersal model that accurately reflects the density function distribution of dispersal distance. Additionally, dandelions growth is influenced by a multitude of factors, encompassing temperature, humidity, climate, and various environmental variables that necessitate meticulous consideration. Based on Factor Analysis model, which completely considers temperature, precipitation, solar radiation, wind, and land carrying capacity, a conclusion is presented, indicating that the growth of seeds is primarily influenced by plant attributes and climate conditions, with the former exerting a relatively stronger impact. Subsequently, the remaining two plants were chosen based on seed weight, yielding consistent conclusion.展开更多
Dear Editor,This letter presents a novel latent factorization model for high dimensional and incomplete (HDI) tensor, namely the neural Tucker factorization (Neu Tuc F), which is a generic neural network-based latent-...Dear Editor,This letter presents a novel latent factorization model for high dimensional and incomplete (HDI) tensor, namely the neural Tucker factorization (Neu Tuc F), which is a generic neural network-based latent-factorization-of-tensors model under the Tucker decomposition framework.展开更多
Effects of performing an R-factor analysis of observed variables based on population models comprising R- and Q-factors were investigated. Although R-factor analysis of data based on a population model comprising R- a...Effects of performing an R-factor analysis of observed variables based on population models comprising R- and Q-factors were investigated. Although R-factor analysis of data based on a population model comprising R- and Q-factors is possible, this may lead to model error. Accordingly, loading estimates resulting from R-factor analysis of sample data drawn from a population based on a combination of R- and Q-factors will be biased. It was shown in a simulation study that a large amount of Q-factor variance induces an increase in the variation of R-factor loading estimates beyond the chance level. Tests of the multivariate kurtosis of observed variables are proposed as an indicator of possible Q-factor variance in observed variables as a prerequisite for R-factor analysis.展开更多
This study explores the factors influencing metro passengers’ arrival volume in Wuhan, China, and Lagos, Nigeria, by examining weather, time of day, waiting time, travel behavior, arrival patterns, and metro satisfac...This study explores the factors influencing metro passengers’ arrival volume in Wuhan, China, and Lagos, Nigeria, by examining weather, time of day, waiting time, travel behavior, arrival patterns, and metro satisfaction. It addresses a significant research gap in understanding metro passengers’ dynamics across cultural and geographical contexts. It employs questionnaires, field observations, and advanced data analysis techniques like association rule mining and neural network modeling. Key findings include a correlation between rainy weather, shorter waiting times, and higher arrival volumes. Neural network models showed high predictive accuracy, with waiting time, metro satisfaction, and weather being significant factors in Lagos Light Rail Blue Line Metro. In contrast, arrival patterns, weather, and time of day were more influential in Wuhan Metro Line 5. Results suggest that improving metro satisfaction and reducing waiting times could increase arrival volumes in Lagos Metro while adjusting schedules for weather and peak times could optimize flow in Wuhan Metro. These insights are valuable for transportation planning, passenger arrival volume management, and enhancing user experiences, potentially benefiting urban transportation sustainability and development goals.展开更多
Latent factor(LF)models are highly effective in extracting useful knowledge from High-Dimensional and Sparse(HiDS)matrices which are commonly seen in various industrial applications.An LF model usually adopts iterativ...Latent factor(LF)models are highly effective in extracting useful knowledge from High-Dimensional and Sparse(HiDS)matrices which are commonly seen in various industrial applications.An LF model usually adopts iterative optimizers,which may consume many iterations to achieve a local optima,resulting in considerable time cost.Hence,determining how to accelerate the training process for LF models has become a significant issue.To address this,this work proposes a randomized latent factor(RLF)model.It incorporates the principle of randomized learning techniques from neural networks into the LF analysis of HiDS matrices,thereby greatly alleviating computational burden.It also extends a standard learning process for randomized neural networks in context of LF analysis to make the resulting model represent an HiDS matrix correctly.Experimental results on three HiDS matrices from industrial applications demonstrate that compared with state-of-the-art LF models,RLF is able to achieve significantly higher computational efficiency and comparable prediction accuracy for missing data.I provides an important alternative approach to LF analysis of HiDS matrices,which is especially desired for industrial applications demanding highly efficient models.展开更多
Diffusion has been systematically described as the main mechanism of chloride transport in reinforced concrete（RC） structure, especially when the concrete is in a saturated state. However, the single mechanism of di...Diffusion has been systematically described as the main mechanism of chloride transport in reinforced concrete（RC） structure, especially when the concrete is in a saturated state. However, the single mechanism of diffusion is not able to describe the actual chloride ingress in the nonsaturated concrete. Instead, it is dominated by the interaction of diffusion and convection. With the synergetic effects of various factors taken into account, this study aimed to modify and develop an analytical convection- diffusion coupling model for chloride transport in nonsaturated concrete. The model was verified by simulation of laboratory tests and field measurement. The results of comparison study demonstrate that the analytical model developed in this study is efficient and accurate in predicting the chloride profiles in the nonsaturated concrete.展开更多
For ecological restoration and reconstruction of the degraded area, it is an important premise to correctly understand the degradation factors of the ecosystem in the arid-hot valleys. The factors including vegetation...For ecological restoration and reconstruction of the degraded area, it is an important premise to correctly understand the degradation factors of the ecosystem in the arid-hot valleys. The factors including vegetation degradation, land degradation, arid climate, policy failure, forest fire, rapid population growth, excessive deforestation, overgrazing, steep slope reclamation, economic poverty, engineering construction, lithology, slope, low cultural level, geological hazards, biological disaster, soil properties etc, were selected to study the Yuanmou arid-hot valleys. Based on the interpretative structural model （ISM）, it has found out that the degradation factors of the Yuanmou arid-hot valleys were not at the same level but in a multilevel hierarchical system with internal relations, which pointed out that the degradation mode of the arid-hot valleys was ＂straight （appearance）-penetrating-background＂. Such researches have important directive significance for the restoration and reconstruction of the arid-hot valleys ecosystem.展开更多
To describe the empirical data of collaboration networks, several evolving mechanisms have been proposed, which usually introduce different dynamics factors controlling the network growth. These models can reasonably ...To describe the empirical data of collaboration networks, several evolving mechanisms have been proposed, which usually introduce different dynamics factors controlling the network growth. These models can reasonably reproduce the empirical degree distributions for a number of we11-studied real-world collaboration networks. On the basis of the previous studies, in this work we propose a collaboration network model in which the network growth is simultaneously controlled by three factors, including partial preferential attachment, partial random attachment and network growth speed. By using a rate equation method, we obtain an analytical formula for the act degree distribution. We discuss the dependence of the act degree distribution on these different dynamics factors. By fitting to the empirical data of two typical collaboration networks, we can extract the respective contributions of these dynamics factors to the evolution of each networks.展开更多
We consider the fluctuation of eigenvalues in factor models and propose a new method for testing the model.Based on the characteristics of eigenvalues,variables of unknown distribution are transformed into statistics ...We consider the fluctuation of eigenvalues in factor models and propose a new method for testing the model.Based on the characteristics of eigenvalues,variables of unknown distribution are transformed into statistics of known distribution through randomization.The test statistic checks for breaks in the structure of factor models,including changes in factor loadings and increases in the number of factors.We give the results of simulation experiments and test the factor structure of the stock return data of China’s and U.S.stock markets from January 1,2017,to December 31,2019.Our method performs well in both simulations and real data.展开更多
Deepwater oil and gas projects embody high risks from geology and engineering aspects, which exert substantial influence on project valuation. But the uncer- tainties may be converted to additional value to the projec...Deepwater oil and gas projects embody high risks from geology and engineering aspects, which exert substantial influence on project valuation. But the uncer- tainties may be converted to additional value to the projects in the case of flexible management. Given the flexibility of project management, this paper extends the classical real options model to a multi-factor model which contains oil price, geology, and engineering uncertainties. It then gives an application example of the new model to evaluate deepwater oil and gas projects with a numerical analytical method. Compared with other methods and models, this multi-factor real options model contains more project information. It reflects the potential value deriving not only from oil price variation but also from geology and engi- neering uncertainties, which provides more accurate and reliable valuation information for decision makers.展开更多
This study developed an animal model of surgically wounded submandibular glands （SMGs） and investigated the effects of collagen gel with basic fibroblast growth factor （bFGF） on tissue regeneration of surgically w...This study developed an animal model of surgically wounded submandibular glands （SMGs） and investigated the effects of collagen gel with basic fibroblast growth factor （bFGF） on tissue regeneration of surgically wounded SMGs in vivo. The animal model was produced by creating a surgical wound using a 3-mm diameter biopsy punch in SMGs. The wound was filled with collagen gel with bFGF （bFGF group） or without bFGF （control group）. In the animal model of surgically wounded SMGs, salivary glands without scar tissue around the wound area were observed with smaller areas of collagen gel. Small round and spindle-shape cells invaded the collagen gel in both groups after operation day （AOD） 5, and this invasion dramatically increased at AOD 7. Host tissue completely replaced the collagen gel at AOD 21. The invading immune cells in the group treated with collagen gel with bFGF were positive for vimentin, g-smooth muscle actin （αSMA）, CD49f, c-kit and AQP5 at AOD 7. Similarly, the mRNA expression of vimentin, αSMA, CD49f, keratin 19 and AQP5 was also increased. This study suggests that the use of collagen gels with bFGF improves salivary gland regeneration.展开更多
Aiming at the limitations of psychopathology (PTH), the dual-factor model of mental health (DFM) was proposed as a new mental health concept and methodology under the background of positive psychology trend. In this p...Aiming at the limitations of psychopathology (PTH), the dual-factor model of mental health (DFM) was proposed as a new mental health concept and methodology under the background of positive psychology trend. In this paper we propose giving an overview of DFM, and doubt, criticize, and modify DFM from the perspective of Chinese psychological suzhi research. The available literature from 1983 to 2012 that is related to DFM and concerning psychological suzhi research in the past 20 years has been reviewed. In addition, we also absorbed the idea of positive psychology and Traditional Chinese Medicine (TCM) Constitution theory to develop theoretically the relationship model between psychological suzhi and mental health. The relationship model between psychological suzhi and mental health modifies and transcends PTH and DFM. It will be the new research area of mental health research.展开更多
In this paper, a new branch-and-bound algorithm based on the Lagrangian dual relaxation and continuous relaxation is proposed for discrete multi-factor portfolio selection model with roundlot restriction in financial ...In this paper, a new branch-and-bound algorithm based on the Lagrangian dual relaxation and continuous relaxation is proposed for discrete multi-factor portfolio selection model with roundlot restriction in financial optimization. This discrete portfolio model is of integer quadratic programming problems. The separable structure of the model is investigated by using Lagrangian relaxation and dual search. Computational results show that the algorithm is capable of solving real-world portfolio problems with data from US stock market and randomly generated test problems with up to 120 securities.展开更多
Different modification methods and software programs were developed to obtain accurate local geoid models in the past two decades.The quantitative effect of the main factors on the accuracy of local geoid modeling is ...Different modification methods and software programs were developed to obtain accurate local geoid models in the past two decades.The quantitative effect of the main factors on the accuracy of local geoid modeling is still ambiguous and has not been clearly diagnosed yet.This study presents efforts to find the most influential factors on the accuracy of the local geoid model,as well as the amount of each factor’s effect quantitatively.The methodology covers extracting the quantitative characteristics of 16 articles regarding local geoid models of different countries.The Statistical Package of Social Sciences(SPSS)software formulated a strong multiple regression model of correlation coefficient r = 0.999 with a high significance coefficient of determination R^2 = 0.997 and adjusted R^2 = 0,98 for the required effective factors.Then,factor analysis is utilized to extract the dominant factors which include:accuracy of gravity data(40%),the density of gravity data(25%)(total gravity factors is 65%),the Digital Elevation Model(DEM)resolution(16%),the accuracy of GPS/leveling points(10%)and the area of the terrain of the country/state under the study(9%).These results of this study will assist in developing more accurate local geoid models.展开更多
A Bayesian network (BN) model was developed to predict susceptibility to PWD(Pine Wilt Disease). The distribution of PWD was identified using QuickBird and unmanned aerial vehicle (UAV) images taken at different times...A Bayesian network (BN) model was developed to predict susceptibility to PWD(Pine Wilt Disease). The distribution of PWD was identified using QuickBird and unmanned aerial vehicle (UAV) images taken at different times. Seven factors that influence the distribution of PWD were extracted from the QuickBird images and were used as the independent variables. The results showed that the BN model predicted PWD with high accuracy. In a sensitivity analysis, elevation (EL), the normal differential vegetation index (NDVI), the distance to settlements (DS) and the distance to roads (DR) were strongly associated with PWD prevalence, and slope (SL) exhibited the weakest association with PWD prevalence. The study showed that BN is an effective tool for modeling PWD prevalence and quantifying the impact of various factors.展开更多
AIM To investigate the incidence and the determinants of cardiovascular morbidity in Greek renal transplant recipients(RTRs) expressed as major advance cardiac event(MACE) rate. METHODS Two hundred and forty-two adult...AIM To investigate the incidence and the determinants of cardiovascular morbidity in Greek renal transplant recipients(RTRs) expressed as major advance cardiac event(MACE) rate. METHODS Two hundred and forty-two adult patients with a functioning graft for at least three months and availabledata that were followed up on the August 31, 2015 at two transplant centers of Western Greece were included in this study. Baseline recipients' data elements included demographics, clinical characteristics, history of comorbid conditions and laboratory parameters. Follow-up data regarding MACE occurrence were collected retrospectively from the patients' records and MACE risk score was calculated for each patient. RESULTS The mean age was 53 years(63.6% males) and 47 patients(19.4%) had a pre-existing cardiovascular disease(CVD) before transplantation. The mean estimated glomerular filtration rate was 52 ± 17 mL /min per 1.73 m2. During follow-up 36 patients(14.9%) suffered a MACE with a median time to MACE 5 years(interquartile range: 2.2-10 years). Recipients with a MACE compared to recipients without a MACE had a significantly higher mean age(59 years vs 52 years, P < 0.001) and a higher prevalence of pre-existing CVD(44.4% vs 15%, P < 0.001). The 7-year predicted mean risk for MACE was 14.6% ± 12.5% overall. In RTRs who experienced a MACE, the predicted risk was 22.3% ± 17.1% and was significantly higher than in RTRs without an event 13.3% ± 11.1%(P = 0.003). The discrimination ability of the model in the Greek database of RTRs was good with an area under the receiver operating characteristics curve of 0.68(95%CI: 0.58-0.78).CONCLUSION In this Greek cohort of RTRs, MACE occurred in 14.9% of the patients, pre-existing CVD was the main risk factor, while MACE risk model was proved a dependable utility in predicting CVD post RT.展开更多
In the field of empirical asset pricing,the challenges of high dimensionality,non-linear relationships,and interaction effects have led to the increasing popularity of machine learning(ML)methods.This study investigat...In the field of empirical asset pricing,the challenges of high dimensionality,non-linear relationships,and interaction effects have led to the increasing popularity of machine learning(ML)methods.This study investigates the performance of ML methods when predicting different measures of stock returns from various factor models and investigates the feature importance and interaction effects among firm-specific variables and macroeconomic factors in this context.Our findings reveal that neural network models exhibit consistent performance across different stock return measures when they rely solely on firm-specific characteristic variables.However,the inclusion of macroeconomic factors from the financial market,real economic activities,and investor sentiment leads to substantial improvements in the model performance.Notably,the degree of improvement varies with the specific measures of stock returns under consideration.Furthermore,our analysis indicates that,after the inclusion of macroeconomic factors,there is a dissimilarity in model performance,variable importance,and interaction effects among macroeconomic and firm-specific variables,particularly concerning abnormal returns derived from the Fama–French three-and five-factor models compared with excess returns.This divergence is primarily attributed to the extent to which these factor models remove the variance associated with the macroeconomic variables.These findings collectively offer valuable insights into the efficacy of neural network models for stock return predictions and contribute to a deeper understanding of the intricate relationship between factor models,stock returns,and macroeconomic conditions in the domain of empirical asset pricing.展开更多
In this paper, three existing source spectral models for stochastic finite-fault modeling of ground motion were reviewed. These three models were used to calculate the far-field received energy at a site from a vertic...In this paper, three existing source spectral models for stochastic finite-fault modeling of ground motion were reviewed. These three models were used to calculate the far-field received energy at a site from a vertical fault and the mean spectral ratio over 15 stations of the Northridge earthquake, and then compared. From the comparison, a necessary measure was observed to maintain the far-field received energy independent of subfault size and avoid overestimation of the long- period spectra/level. Two improvements were made to one of the three models （i.e., the model based on dynamic comer frequency） as follows： （i） a new method to compute the subfault comer frequency was proposed, where the subfault comer frequency is determined based on a basic value calculated from the total seismic moment of the entire fault and an increment depending on the seismic moment assigned to the subfault; and （ii） the difference of the radiation energy from each suhfault was considered into the scaling factor. The improved model was also compared with the unimproved model through the far-field received energy and the mean spectral ratio. The comparison proves that the improved model allows the received energy to be more independent of subfault size than the unimproved model, and decreases the overestimation degree of the long-period spectral amplitude.展开更多
文摘A weed is a plant that thrives in areas of human disturbance, such as gardens, fields, pastures, waysides, and waste places where it is not intentionally cultivated. Dispersal affects community dynamics and vegetation response to global change. The process of seed disposal is influenced by wind, which plays a crucial role in determining the distance and probability of seed dispersal. Existing models of seed dispersal consider wind direction but fail to incorporate wind intensity. In this paper, a novel seed disposal model was proposed in this paper, incorporating wind intensity based on relevant references. According to various climatic conditions, including temperate, arid, and tropical regions, three specific regions were selected to establish a wind dispersal model that accurately reflects the density function distribution of dispersal distance. Additionally, dandelions growth is influenced by a multitude of factors, encompassing temperature, humidity, climate, and various environmental variables that necessitate meticulous consideration. Based on Factor Analysis model, which completely considers temperature, precipitation, solar radiation, wind, and land carrying capacity, a conclusion is presented, indicating that the growth of seeds is primarily influenced by plant attributes and climate conditions, with the former exerting a relatively stronger impact. Subsequently, the remaining two plants were chosen based on seed weight, yielding consistent conclusion.
基金supported by the National Natural Science Foundation of China(62272078)Chongqing Natural Science Foundation(CSTB2023NSCQ-LZX0069)the Science and Technology Research Program of Chongqing Municipal Education Commission(KJQN202300210)
文摘Dear Editor,This letter presents a novel latent factorization model for high dimensional and incomplete (HDI) tensor, namely the neural Tucker factorization (Neu Tuc F), which is a generic neural network-based latent-factorization-of-tensors model under the Tucker decomposition framework.
文摘Effects of performing an R-factor analysis of observed variables based on population models comprising R- and Q-factors were investigated. Although R-factor analysis of data based on a population model comprising R- and Q-factors is possible, this may lead to model error. Accordingly, loading estimates resulting from R-factor analysis of sample data drawn from a population based on a combination of R- and Q-factors will be biased. It was shown in a simulation study that a large amount of Q-factor variance induces an increase in the variation of R-factor loading estimates beyond the chance level. Tests of the multivariate kurtosis of observed variables are proposed as an indicator of possible Q-factor variance in observed variables as a prerequisite for R-factor analysis.
文摘This study explores the factors influencing metro passengers’ arrival volume in Wuhan, China, and Lagos, Nigeria, by examining weather, time of day, waiting time, travel behavior, arrival patterns, and metro satisfaction. It addresses a significant research gap in understanding metro passengers’ dynamics across cultural and geographical contexts. It employs questionnaires, field observations, and advanced data analysis techniques like association rule mining and neural network modeling. Key findings include a correlation between rainy weather, shorter waiting times, and higher arrival volumes. Neural network models showed high predictive accuracy, with waiting time, metro satisfaction, and weather being significant factors in Lagos Light Rail Blue Line Metro. In contrast, arrival patterns, weather, and time of day were more influential in Wuhan Metro Line 5. Results suggest that improving metro satisfaction and reducing waiting times could increase arrival volumes in Lagos Metro while adjusting schedules for weather and peak times could optimize flow in Wuhan Metro. These insights are valuable for transportation planning, passenger arrival volume management, and enhancing user experiences, potentially benefiting urban transportation sustainability and development goals.
基金supported in part by the National Natural Science Foundation of China (6177249391646114)+1 种基金Chongqing research program of technology innovation and application (cstc2017rgzn-zdyfX0020)in part by the Pioneer Hundred Talents Program of Chinese Academy of Sciences
文摘Latent factor(LF)models are highly effective in extracting useful knowledge from High-Dimensional and Sparse(HiDS)matrices which are commonly seen in various industrial applications.An LF model usually adopts iterative optimizers,which may consume many iterations to achieve a local optima,resulting in considerable time cost.Hence,determining how to accelerate the training process for LF models has become a significant issue.To address this,this work proposes a randomized latent factor(RLF)model.It incorporates the principle of randomized learning techniques from neural networks into the LF analysis of HiDS matrices,thereby greatly alleviating computational burden.It also extends a standard learning process for randomized neural networks in context of LF analysis to make the resulting model represent an HiDS matrix correctly.Experimental results on three HiDS matrices from industrial applications demonstrate that compared with state-of-the-art LF models,RLF is able to achieve significantly higher computational efficiency and comparable prediction accuracy for missing data.I provides an important alternative approach to LF analysis of HiDS matrices,which is especially desired for industrial applications demanding highly efficient models.
基金Funded by the National Natural Science Foundation of China(Nos.51278304,U1134209,U1434204&51422814)the National Basic Research Program(973 Program)of China(No.011-CB013604)the Technology Research and Development Program(Basic Research Project)of Shenzhen(Nos.JCYJ20120613174456685&JCYJ20130329143859418)
文摘Diffusion has been systematically described as the main mechanism of chloride transport in reinforced concrete（RC） structure, especially when the concrete is in a saturated state. However, the single mechanism of diffusion is not able to describe the actual chloride ingress in the nonsaturated concrete. Instead, it is dominated by the interaction of diffusion and convection. With the synergetic effects of various factors taken into account, this study aimed to modify and develop an analytical convection- diffusion coupling model for chloride transport in nonsaturated concrete. The model was verified by simulation of laboratory tests and field measurement. The results of comparison study demonstrate that the analytical model developed in this study is efficient and accurate in predicting the chloride profiles in the nonsaturated concrete.
基金the National Basic Research Program of China (973 Program) ( 2007CB407206)the National Key Technologies Research and Develop-ment Program in the Eleventh Five-Year Plan of China (2006BAC01A11)
文摘For ecological restoration and reconstruction of the degraded area, it is an important premise to correctly understand the degradation factors of the ecosystem in the arid-hot valleys. The factors including vegetation degradation, land degradation, arid climate, policy failure, forest fire, rapid population growth, excessive deforestation, overgrazing, steep slope reclamation, economic poverty, engineering construction, lithology, slope, low cultural level, geological hazards, biological disaster, soil properties etc, were selected to study the Yuanmou arid-hot valleys. Based on the interpretative structural model （ISM）, it has found out that the degradation factors of the Yuanmou arid-hot valleys were not at the same level but in a multilevel hierarchical system with internal relations, which pointed out that the degradation mode of the arid-hot valleys was ＂straight （appearance）-penetrating-background＂. Such researches have important directive significance for the restoration and reconstruction of the arid-hot valleys ecosystem.
基金Supported by the National Natural Science Foundation of China under Grant Nos 11305139 and 11147178
文摘To describe the empirical data of collaboration networks, several evolving mechanisms have been proposed, which usually introduce different dynamics factors controlling the network growth. These models can reasonably reproduce the empirical degree distributions for a number of we11-studied real-world collaboration networks. On the basis of the previous studies, in this work we propose a collaboration network model in which the network growth is simultaneously controlled by three factors, including partial preferential attachment, partial random attachment and network growth speed. By using a rate equation method, we obtain an analytical formula for the act degree distribution. We discuss the dependence of the act degree distribution on these different dynamics factors. By fitting to the empirical data of two typical collaboration networks, we can extract the respective contributions of these dynamics factors to the evolution of each networks.
基金supported by the National Natural Science Foundation of China(12001517,72091212)the USTC Research Funds of the Double First-Class Initiative(YD2040002005)the Fundamental Research Funds for the Central Universities(WK2040000026,WK2040000027)。
文摘We consider the fluctuation of eigenvalues in factor models and propose a new method for testing the model.Based on the characteristics of eigenvalues,variables of unknown distribution are transformed into statistics of known distribution through randomization.The test statistic checks for breaks in the structure of factor models,including changes in factor loadings and increases in the number of factors.We give the results of simulation experiments and test the factor structure of the stock return data of China’s and U.S.stock markets from January 1,2017,to December 31,2019.Our method performs well in both simulations and real data.
基金supported from the National Science and Technology Major Project under Grant No.2011ZX05030
文摘Deepwater oil and gas projects embody high risks from geology and engineering aspects, which exert substantial influence on project valuation. But the uncer- tainties may be converted to additional value to the projects in the case of flexible management. Given the flexibility of project management, this paper extends the classical real options model to a multi-factor model which contains oil price, geology, and engineering uncertainties. It then gives an application example of the new model to evaluate deepwater oil and gas projects with a numerical analytical method. Compared with other methods and models, this multi-factor real options model contains more project information. It reflects the potential value deriving not only from oil price variation but also from geology and engi- neering uncertainties, which provides more accurate and reliable valuation information for decision makers.
文摘This study developed an animal model of surgically wounded submandibular glands （SMGs） and investigated the effects of collagen gel with basic fibroblast growth factor （bFGF） on tissue regeneration of surgically wounded SMGs in vivo. The animal model was produced by creating a surgical wound using a 3-mm diameter biopsy punch in SMGs. The wound was filled with collagen gel with bFGF （bFGF group） or without bFGF （control group）. In the animal model of surgically wounded SMGs, salivary glands without scar tissue around the wound area were observed with smaller areas of collagen gel. Small round and spindle-shape cells invaded the collagen gel in both groups after operation day （AOD） 5, and this invasion dramatically increased at AOD 7. Host tissue completely replaced the collagen gel at AOD 21. The invading immune cells in the group treated with collagen gel with bFGF were positive for vimentin, g-smooth muscle actin （αSMA）, CD49f, c-kit and AQP5 at AOD 7. Similarly, the mRNA expression of vimentin, αSMA, CD49f, keratin 19 and AQP5 was also increased. This study suggests that the use of collagen gels with bFGF improves salivary gland regeneration.
文摘Aiming at the limitations of psychopathology (PTH), the dual-factor model of mental health (DFM) was proposed as a new mental health concept and methodology under the background of positive psychology trend. In this paper we propose giving an overview of DFM, and doubt, criticize, and modify DFM from the perspective of Chinese psychological suzhi research. The available literature from 1983 to 2012 that is related to DFM and concerning psychological suzhi research in the past 20 years has been reviewed. In addition, we also absorbed the idea of positive psychology and Traditional Chinese Medicine (TCM) Constitution theory to develop theoretically the relationship model between psychological suzhi and mental health. The relationship model between psychological suzhi and mental health modifies and transcends PTH and DFM. It will be the new research area of mental health research.
基金Project supported by the National Natural Science Foundation of China （Grant Nos.70518001. 70671064）
文摘In this paper, a new branch-and-bound algorithm based on the Lagrangian dual relaxation and continuous relaxation is proposed for discrete multi-factor portfolio selection model with roundlot restriction in financial optimization. This discrete portfolio model is of integer quadratic programming problems. The separable structure of the model is investigated by using Lagrangian relaxation and dual search. Computational results show that the algorithm is capable of solving real-world portfolio problems with data from US stock market and randomly generated test problems with up to 120 securities.
文摘Different modification methods and software programs were developed to obtain accurate local geoid models in the past two decades.The quantitative effect of the main factors on the accuracy of local geoid modeling is still ambiguous and has not been clearly diagnosed yet.This study presents efforts to find the most influential factors on the accuracy of the local geoid model,as well as the amount of each factor’s effect quantitatively.The methodology covers extracting the quantitative characteristics of 16 articles regarding local geoid models of different countries.The Statistical Package of Social Sciences(SPSS)software formulated a strong multiple regression model of correlation coefficient r = 0.999 with a high significance coefficient of determination R^2 = 0.997 and adjusted R^2 = 0,98 for the required effective factors.Then,factor analysis is utilized to extract the dominant factors which include:accuracy of gravity data(40%),the density of gravity data(25%)(total gravity factors is 65%),the Digital Elevation Model(DEM)resolution(16%),the accuracy of GPS/leveling points(10%)and the area of the terrain of the country/state under the study(9%).These results of this study will assist in developing more accurate local geoid models.
文摘A Bayesian network (BN) model was developed to predict susceptibility to PWD(Pine Wilt Disease). The distribution of PWD was identified using QuickBird and unmanned aerial vehicle (UAV) images taken at different times. Seven factors that influence the distribution of PWD were extracted from the QuickBird images and were used as the independent variables. The results showed that the BN model predicted PWD with high accuracy. In a sensitivity analysis, elevation (EL), the normal differential vegetation index (NDVI), the distance to settlements (DS) and the distance to roads (DR) were strongly associated with PWD prevalence, and slope (SL) exhibited the weakest association with PWD prevalence. The study showed that BN is an effective tool for modeling PWD prevalence and quantifying the impact of various factors.
文摘AIM To investigate the incidence and the determinants of cardiovascular morbidity in Greek renal transplant recipients(RTRs) expressed as major advance cardiac event(MACE) rate. METHODS Two hundred and forty-two adult patients with a functioning graft for at least three months and availabledata that were followed up on the August 31, 2015 at two transplant centers of Western Greece were included in this study. Baseline recipients' data elements included demographics, clinical characteristics, history of comorbid conditions and laboratory parameters. Follow-up data regarding MACE occurrence were collected retrospectively from the patients' records and MACE risk score was calculated for each patient. RESULTS The mean age was 53 years(63.6% males) and 47 patients(19.4%) had a pre-existing cardiovascular disease(CVD) before transplantation. The mean estimated glomerular filtration rate was 52 ± 17 mL /min per 1.73 m2. During follow-up 36 patients(14.9%) suffered a MACE with a median time to MACE 5 years(interquartile range: 2.2-10 years). Recipients with a MACE compared to recipients without a MACE had a significantly higher mean age(59 years vs 52 years, P < 0.001) and a higher prevalence of pre-existing CVD(44.4% vs 15%, P < 0.001). The 7-year predicted mean risk for MACE was 14.6% ± 12.5% overall. In RTRs who experienced a MACE, the predicted risk was 22.3% ± 17.1% and was significantly higher than in RTRs without an event 13.3% ± 11.1%(P = 0.003). The discrimination ability of the model in the Greek database of RTRs was good with an area under the receiver operating characteristics curve of 0.68(95%CI: 0.58-0.78).CONCLUSION In this Greek cohort of RTRs, MACE occurred in 14.9% of the patients, pre-existing CVD was the main risk factor, while MACE risk model was proved a dependable utility in predicting CVD post RT.
文摘In the field of empirical asset pricing,the challenges of high dimensionality,non-linear relationships,and interaction effects have led to the increasing popularity of machine learning(ML)methods.This study investigates the performance of ML methods when predicting different measures of stock returns from various factor models and investigates the feature importance and interaction effects among firm-specific variables and macroeconomic factors in this context.Our findings reveal that neural network models exhibit consistent performance across different stock return measures when they rely solely on firm-specific characteristic variables.However,the inclusion of macroeconomic factors from the financial market,real economic activities,and investor sentiment leads to substantial improvements in the model performance.Notably,the degree of improvement varies with the specific measures of stock returns under consideration.Furthermore,our analysis indicates that,after the inclusion of macroeconomic factors,there is a dissimilarity in model performance,variable importance,and interaction effects among macroeconomic and firm-specific variables,particularly concerning abnormal returns derived from the Fama–French three-and five-factor models compared with excess returns.This divergence is primarily attributed to the extent to which these factor models remove the variance associated with the macroeconomic variables.These findings collectively offer valuable insights into the efficacy of neural network models for stock return predictions and contribute to a deeper understanding of the intricate relationship between factor models,stock returns,and macroeconomic conditions in the domain of empirical asset pricing.
基金National Natural Science Foundation of China Under Grant No. 50778058 and 90715038National Key Technology R&D Program Under Contract No. 2006BAC13B02
文摘In this paper, three existing source spectral models for stochastic finite-fault modeling of ground motion were reviewed. These three models were used to calculate the far-field received energy at a site from a vertical fault and the mean spectral ratio over 15 stations of the Northridge earthquake, and then compared. From the comparison, a necessary measure was observed to maintain the far-field received energy independent of subfault size and avoid overestimation of the long- period spectra/level. Two improvements were made to one of the three models （i.e., the model based on dynamic comer frequency） as follows： （i） a new method to compute the subfault comer frequency was proposed, where the subfault comer frequency is determined based on a basic value calculated from the total seismic moment of the entire fault and an increment depending on the seismic moment assigned to the subfault; and （ii） the difference of the radiation energy from each suhfault was considered into the scaling factor. The improved model was also compared with the unimproved model through the far-field received energy and the mean spectral ratio. The comparison proves that the improved model allows the received energy to be more independent of subfault size than the unimproved model, and decreases the overestimation degree of the long-period spectral amplitude.
