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
Just in time for Christmas,the U.S.Pentagon finally released its Annual Report to Congress:Military and Security Developments Involving the People's Republic of China 2025,commonly known as the 2025China Military ...Just in time for Christmas,the U.S.Pentagon finally released its Annual Report to Congress:Military and Security Developments Involving the People's Republic of China 2025,commonly known as the 2025China Military Power Report,barely fulfilling an annual obligation that dates back to 2000.展开更多
There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at ...There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at the initial stage of development, and foreign exchange control has put barriers to entry and exit of overseas capital. Strictly speaking, the short-term highly liquid "hot money" does not exist in China, and is referred to as long-term speculative capital in this paper. Second, such capital does not come from trade alone. International trade is only part of corporate business operations, and a more reasonable and complete description is that "overseas capital flows into China through foreign-funded enterprises". Through analysis of the inflow channels, this paper estimates that the stock of long-term speculative capital between 1999 and 2006 stands at almost US$ 400 billion. The year 2006 saw an increase of US$ 98.09 billion, of which US$ 35.4 billion was formed through international trade, which equals to roughly 20% of trade surplus that year. But this does not mean that 20% of trade surplus is long-term speculative capital.展开更多
Hadoop is a well-known parallel computing system for distributed computing and large-scale data processes.“Straggling”tasks,however,have a serious impact on task allocation and scheduling in a Hadoop system.Speculat...Hadoop is a well-known parallel computing system for distributed computing and large-scale data processes.“Straggling”tasks,however,have a serious impact on task allocation and scheduling in a Hadoop system.Speculative Execution(SE)is an efficient method of processing“Straggling”Tasks by monitoring real-time running status of tasks and then selectively backing up“Stragglers”in another node to increase the chance to complete the entire mission early.Present speculative execution strategies meet challenges on misjudgement of“Straggling”tasks and improper selection of backup nodes,which leads to inefficient implementation of speculative executive processes.This paper has proposed an Optimized Resource Scheduling strategy for Speculative Execution(ORSE)by introducing non-cooperative game schemes.The ORSE transforms the resource scheduling of backup tasks into a multi-party non-cooperative game problem,where the tasks are regarded as game participants,whilst total task execution time of the entire cluster as the utility function.In that case,the most benefit strategy can be implemented in each computing node when the game reaches a Nash equilibrium point,i.e.,the final resource scheduling scheme to be obtained.The strategy has been implemented in Hadoop-2.x.Experimental results depict that the ORSE can maintain the efficiency of speculative executive processes and improve fault-tolerant and computation performance under the circumstances of Normal Load,Busy Load and Busy Load with Skewed Data.展开更多
As a distributed computing platform, Hadoop provides an effective way to handle big data. In Hadoop, the completion time of job will be delayed by a straggler. Although the definitive cause of the straggler is hard to...As a distributed computing platform, Hadoop provides an effective way to handle big data. In Hadoop, the completion time of job will be delayed by a straggler. Although the definitive cause of the straggler is hard to detect, speculative execution is usually used for dealing with this problem, by simply backing up those stragglers on alternative nodes. In this paper, we design a new Speculative Execution algorithm based on C4.5 Decision Tree, SECDT, for Hadoop. In SECDT, we speculate completion time of stragglers and also of backup tasks, based on a kind of decision tree method: C4.5 decision tree. After we speculate the completion time, we compare the completion time of stragglers and of the backup tasks, calculating their differential value, and selecting the straggler with the maximum differential value to start the backup task.Experiment result shows that the SECDT can predict execution time more accurately than other speculative execution methods, hence reduce the job completion time.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Just in time for Christmas,the U.S.Pentagon finally released its Annual Report to Congress:Military and Security Developments Involving the People's Republic of China 2025,commonly known as the 2025China Military Power Report,barely fulfilling an annual obligation that dates back to 2000.
文摘There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at the initial stage of development, and foreign exchange control has put barriers to entry and exit of overseas capital. Strictly speaking, the short-term highly liquid "hot money" does not exist in China, and is referred to as long-term speculative capital in this paper. Second, such capital does not come from trade alone. International trade is only part of corporate business operations, and a more reasonable and complete description is that "overseas capital flows into China through foreign-funded enterprises". Through analysis of the inflow channels, this paper estimates that the stock of long-term speculative capital between 1999 and 2006 stands at almost US$ 400 billion. The year 2006 saw an increase of US$ 98.09 billion, of which US$ 35.4 billion was formed through international trade, which equals to roughly 20% of trade surplus that year. But this does not mean that 20% of trade surplus is long-term speculative capital.
基金This work has received funding from the European Unions Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agreement no.701697Major Program of the National Social Science Fund of China(Grant No.17ZDA092)+2 种基金Basic Research Programs(Natural Science Foundation)of Jiangsu Province(BK20180794)333 High-Level Talent Cultivation Project of Jiangsu Province(BRA2018332)333 High-Level Talent Cultivation Project of Jiangsu Province(BRA2018332)the PAPD fund.
文摘Hadoop is a well-known parallel computing system for distributed computing and large-scale data processes.“Straggling”tasks,however,have a serious impact on task allocation and scheduling in a Hadoop system.Speculative Execution(SE)is an efficient method of processing“Straggling”Tasks by monitoring real-time running status of tasks and then selectively backing up“Stragglers”in another node to increase the chance to complete the entire mission early.Present speculative execution strategies meet challenges on misjudgement of“Straggling”tasks and improper selection of backup nodes,which leads to inefficient implementation of speculative executive processes.This paper has proposed an Optimized Resource Scheduling strategy for Speculative Execution(ORSE)by introducing non-cooperative game schemes.The ORSE transforms the resource scheduling of backup tasks into a multi-party non-cooperative game problem,where the tasks are regarded as game participants,whilst total task execution time of the entire cluster as the utility function.In that case,the most benefit strategy can be implemented in each computing node when the game reaches a Nash equilibrium point,i.e.,the final resource scheduling scheme to be obtained.The strategy has been implemented in Hadoop-2.x.Experimental results depict that the ORSE can maintain the efficiency of speculative executive processes and improve fault-tolerant and computation performance under the circumstances of Normal Load,Busy Load and Busy Load with Skewed Data.
文摘As a distributed computing platform, Hadoop provides an effective way to handle big data. In Hadoop, the completion time of job will be delayed by a straggler. Although the definitive cause of the straggler is hard to detect, speculative execution is usually used for dealing with this problem, by simply backing up those stragglers on alternative nodes. In this paper, we design a new Speculative Execution algorithm based on C4.5 Decision Tree, SECDT, for Hadoop. In SECDT, we speculate completion time of stragglers and also of backup tasks, based on a kind of decision tree method: C4.5 decision tree. After we speculate the completion time, we compare the completion time of stragglers and of the backup tasks, calculating their differential value, and selecting the straggler with the maximum differential value to start the backup task.Experiment result shows that the SECDT can predict execution time more accurately than other speculative execution methods, hence reduce the job completion time.
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.
