While there is growing evidence that stock prices do not follow pure random walks, the degree of existence of temporary components in stock prices is not well known. Modelling stock prices as the sum of a random walk and a general stationary (predictable) component, we propose an estimable lower...

In recent years, international manufacturing capital transfers toward Chinese eastern region constantly, and brings a wonderful opportunity for the enterprises in these regions to form industrial linkage with the international manufacturing capital, enhance their independent innovative capacity,...

Identifying the community structure in a complex network has been addressed in many different ways. In this paper, the simulated annealing strategy is used to maximize the modularity of a network, associating with a dissimilarity-index-based and with a diffusion-distance-based k-means iterative...

Pulsed laser deposition (PLD), which is a novel technique in producing thin films in the recent years, shows unique advantages for the deposition of bioactive films. Research states of the technical parameters of the pulsed laser deposited bioactive films, including substrate temperature,...

To find the fuzzy community structure in a complex network, in which each node has a certain probability of belonging to a certain community, is a hard problem and not yet satisfactorily solved over the past years. In this paper, an extension of modularity, the fuzzy modularity is proposed,...

This paper presents the results obtained from RDF and sawdust combustion in a pilot scale vortexing fluidized bed combustor (VFBC). Flue gas recirculation (FGR) combustion mode was employed. The effects of operating parameters such as bed temperature, excess oxygen ratio, and in-bed...

We propose a pricing model for convertible bonds based on the utility-indifference method and get access to the empirical results by use of Information Technology. By using the stochastic control theory, the general expression of utility indifference price on convertible bonds is obtained under...

This paper examines a supply chain consisting of a single manufacturer and a single retailer, who faces with demand uncertainty. We investigate how customer returns influence the retailer's ordering decision as well as the profits of the manufacturer and the retailer. When the refund amount is...