The introduction of European style equity options in 2015 in China signaled a landmark moment in the development of its financial markets. We examine intraday implied volatility patterns and estimate the contribution of the Shanghai Stock Exchange (SSE) 50 ETF options to price discovery using...

This paper analyzed the characteristic of the tourism destination ecosystem from perspective of entropy in Dunhuang City. Given these circumstances, an evaluation index system that considers the potential of sustainable development was formed based on dissipative structure and entropy change for...