By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact c...By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact curve of copper future price fluctuation respectively introduced funds speculation position and arbitrage position was given, and the result is consistent with the empirical study conclusion. The results show that investment funds are not the factor that causes copper future price fluctuation, but can reduce the copper future price fluctuation; the copper future price fluctuation is more sensitive to negative information, and ftmd speculative positions can reduce asymmetric effect of copper price fluctuation, while fimds arbitrage position influences less.展开更多
Sneaker speculation is one of the most attractive economic phenomena.The purpose of the paper is to avoid too many consumers blindly following the trend to join the sneaker speculation and eventually causes financial ...Sneaker speculation is one of the most attractive economic phenomena.The purpose of the paper is to avoid too many consumers blindly following the trend to join the sneaker speculation and eventually causes financial lost due to the sneaker speculation trend being too hot.This study is one of the first few attempts to analyze every aspect of sneaker speculation and give youth suggestion on purchasing sneakers.First,this paper analyzed the cause and influential aspect of sneaker speculation,and made a preliminary analysis for readers who first enter the sneaker market.Second,the risk of sneaker speculation was analyzed.Then,suggestions for the youth to establish correct values and consumption concept were given.Finally,the conclusion suggested that the price of sneakers is too high over their value,consumers should buy sneaker rationally.Hopefully,consumers can establish a more rational consumption concept for consumers.More powerfully regulated sneaker market is necessary,so that the price of sneakers is more reasonable and affordable for consumers.展开更多
“Alone together”is an ever-changing“wicked problem.”In this research and practice,the author tries to combine experience design,referring to the theory of“interaction ritual chain theory,”and creatively add inte...“Alone together”is an ever-changing“wicked problem.”In this research and practice,the author tries to combine experience design,referring to the theory of“interaction ritual chain theory,”and creatively add interactive experience to discursive works,so that the audience can think between the real and the virtual.展开更多
基金Project(20090162120086) supported by Research Fund for the Doctoral Program of Higher Education of ChinaProject(10YJCZH123) supported by Humanity and Social Science Foundation of Ministry of Education of China+2 种基金Project(12JJ4077) supported by the National Natural Science Foundation of Hunan Province of ChinaProject(2009ZK3053) supported by Soft Science Research Project of Hunan Province of ChinaProject supported by the Freedom Explore Program of Central South University,China
文摘By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact curve of copper future price fluctuation respectively introduced funds speculation position and arbitrage position was given, and the result is consistent with the empirical study conclusion. The results show that investment funds are not the factor that causes copper future price fluctuation, but can reduce the copper future price fluctuation; the copper future price fluctuation is more sensitive to negative information, and ftmd speculative positions can reduce asymmetric effect of copper price fluctuation, while fimds arbitrage position influences less.
文摘Sneaker speculation is one of the most attractive economic phenomena.The purpose of the paper is to avoid too many consumers blindly following the trend to join the sneaker speculation and eventually causes financial lost due to the sneaker speculation trend being too hot.This study is one of the first few attempts to analyze every aspect of sneaker speculation and give youth suggestion on purchasing sneakers.First,this paper analyzed the cause and influential aspect of sneaker speculation,and made a preliminary analysis for readers who first enter the sneaker market.Second,the risk of sneaker speculation was analyzed.Then,suggestions for the youth to establish correct values and consumption concept were given.Finally,the conclusion suggested that the price of sneakers is too high over their value,consumers should buy sneaker rationally.Hopefully,consumers can establish a more rational consumption concept for consumers.More powerfully regulated sneaker market is necessary,so that the price of sneakers is more reasonable and affordable for consumers.
文摘“Alone together”is an ever-changing“wicked problem.”In this research and practice,the author tries to combine experience design,referring to the theory of“interaction ritual chain theory,”and creatively add interactive experience to discursive works,so that the audience can think between the real and the virtual.