Analysis on Strategies to Construct Portfolio Insurance

The strategies of portfolio insurance are introduced according to its principles and design thinking.The(authors) give the simple mathematical models and practical processes of option-based portfolio insurance(OBPI),constant mix(CM),constant proportion portfolio insurance(CPPI),and time-invariant portfolio protection(TIPP),and use risky assets containing 180 index's stocks of Shang-hai Stock Exchange and risky-free assets containing bonds to form portfolio to do empirical simulating.Based on the results,they analyze the above strategies comparatively,gives the(related) investment suggestion,and shows how to avoid risk without restriction on profit.     

Economic Analysis of Administrative Monopoly and Its Solution

Administrative monopoly in China is analyzed with microeconomics tools such as rent-seeking theory, comparative advantage theory and game theory. A rent seeking model is given to study administrative monopoly. Futhermore, the authors propose that the barriers brought by administrative monopoly not only increase consumers burden, but also make enterprises run with high cost and low efficiency, and optimal resource distribution can not be done. Administrative monopoly can not be eliminated unless administrative monopoly is regulated within anti-monopoly law and its legal liability is enhanced, which is proved with game theory. In order to solve administrative monopoly, China should construct a law system concluding anti-monopoly law and administrative law as a reinforce.     

THE REAL RESISTIVE MODEL FOR FREQUENCY -DOMAIN ANALYSIS

A new model for frequency - domain analysis - the real resistive model which is based on Complex Network Theory is proposed in this paper. The network equations formed with the new model without contain complex numbers because there are only sources and resirtive elements in the model. A CAA algorithm for frequency analysis by using the new model is also given. It is shown that the trouble with the complex operation in the traditional algorithm has been avoided. The algorithm presented in this paper is simple and convenient,hence it is easy to popularize.     

Under Dissymmetrical Information the Game Theoretical Analysis about the Investment Financing Behavior of the Enterprises

The authors use the ideas and methods of the game theory to reveal that, under the condition of dissymmetrical information, it can't form an effective cooperative relationship among supervisor organization, the shareholders and the enterprises. In the capital market, we explain the cooperative conditions and determinants researched. Only through strengthening the force of punishment towards providing the false information and increasing the benefit received by providing the real information, the enthusiasm of the founders' providing the false information drops, and the necessity of the supervisor organization's checking decreases. Finally, we give some suggestions about the construction and consummating of the capital market of the enterprise.     

Ascertainment of the Cost of Construction Product in Construction Tendering and Bidding

The Tendering and Bidding Law" states that the bidder should not compete bidding through quoted price lower the cost, but it does not ascertain the meaning of the cost of building product. It is the purpose of this paper to ascertain the meaning of the building product cost. The calculation bases of both the social average product cost and of the enterprise individual product cost are analyzed and they are compared with each other. The authors point out that for some enterprise there is individual product cost lower the social average product cost. The function of design mechanism of bidding is revealing "private information" on "the lowest price". The purpose of carrying out bidding is introducing competition, reducing the cost for the owner and realizing the maximum yield. Both indicate the cost of building product, mentioned in "The Tendering and Bidding Law" should be the enterprise individual product cost.     

Advance in Study of Theory and Method for Analyzing Characteristics of Particle Group of Binding Material System

The characteristic parameters of particle group, new test method, the theory and method of model formation and the relationship between characteristics of particle group and its essential quality are introduced on the basis of analyzing the research method and theory for characteristics of particle group. The trend of this area is also prospected.     

A Numerical Study on the Damage Assessment of a Simply-supported Beam on Natural Frequencies

Based on the perturbation theory, it was proved that the ratio of changes of frequencies is the function of structural damage location. Taking a uniform cross-sectioned simply supported beam for example, the ratio of changes of frequencies between the damaged and intact beam was used to locate and qualify beam damage. For different extents of damage, the changes of frequencies and ratio of changes of frequencies were studied and the effects resulted from the omission of second order items were discussed. Finally, the deficiency of this method was pointed out.     

Method for Analyzing the Value of Stocks of Listed Real Estate Companies

The new listed real estate companies will greatly influence the real estate stocks in Shenzhen and Shanghai Stock Exchanges. Based on this special background, this paper established an operable model by comprehensively applying the Grey Theory, DEA Appraisement and its sequence arrangement method to compare various values of real estate stocks.     

Experimental Study of Soil Stress on the Holding Sheet of Pile-Anchor Holding-Block Structure System

This paper studies the soil stress on the holding sheet between the pile-anchor erecting columns of the pile-anchor holding block structure system often used in Chongqing. Based on the indoor model tests, this paper makes a qualitative analysis about the variation rules of the soil stress on the holding sheet. The results are compared with the calculation results on classical soil stress theory. Then, this paper suggests that the classical soil stress theory is unsuitable to calculating and analyzing the soil stress on the holding sheet.     

Measurement of Resistivity and Investigation of Electronic Transport for Carbon Nanotube Film

Temperature-depended resistivity of carbon nanotube film is measured and the results show negative temperature effect because the resistivity is decreased as the temperature increased. An electronic transport model for the carbon nanotube film is set up and the resistivity calculation formula is deduced, whose calculating result is compared with experimental datum. It shows that theoretical calculation is well contented with experiment results. Then, the relationship between resistivity and diameter of the carbon nanotube is discussed.