Knight不确定性条件下的期权价格上下界

主流期权定价理论总是对标的资产价格过程的分布给出严格假设,而没有考虑Knight不确定性。本文放松标的资产价格过程的严格假设,在仅知到期日标的资产价格的一阶矩和二阶矩的条件下对期权进行定价。由于信息不充分及分布不确定,无法得到精确的期权价格,因此本文推导出在有限信息条件下期权价格的上下界的显性表达式,并对此上下界和Black-Scholes价格进行对比分析。在使用香港恒生指数权证数据进行的实证中发现,市场价格确实介于上下界之间,上下界区间随年化波动率及剩余存续期的减小而缩小。此外,与Black-Scholes价格进行对比后发现,上下界加权价格能对市场价格做出更为稳健的预测。     

黄河下游河道对水沙过程变异响应

 近年来黄河下游河道来水来沙量持续减少,河道演变特性发生变化,同时引起黄河下游河道的“小水大灾”、“横河”、“斜河”等问题。针对日趋严重的水灾问题,本文选取黄河下游典型站点分析黄河下游河道对水沙过程变异的响应,得到初步认识：一方面,由于黄河来水量减小,水流挟沙能力降低,致使黄河下游河槽持续淤积抬高、河槽变窄、河道过水断面变小,易引起“小水大灾”;另一方面,由于来水来沙量变异,黄河漫滩概率减小,使黄河下游河型发生缓慢的改变,引起河势变化,原有的部分工程措施因水流流路的改变被迫废弃,甚至产生负作用,形成水灾。     

二维地震勘探在页岩气勘查空白区的应用效果：以下扬子巢湖地区五峰组-高家边组下段为例

下扬子巢湖地区五峰组-高家边组下段地层富有机质页岩厚度、有机地化、储集物性、岩石学以及含气性特征研究较为薄弱,为查明该地区五峰组-高家边下段页岩气地质条件,利用二维地震勘探方法指导井位部署,取得了较好的钻探地质效果。钻探结果表明,在页岩气空白区,表现为强反射特征的波组即为五峰组-高家边组下段黑色富有机质页岩。针对强反射波组部署的皖含地1井完整揭示了五峰组-高家边组地层,五峰组-高家边组下段实钻深度与预测深度相差156 m,富有机质页岩厚度为43.9 m,生气条件和储层条件较好,见页岩气显示。因此,二维地震勘探为页岩气空白区的有效勘查方法,利用该方法部署的钻井证实巢湖地区五峰组-高家边组下段具有较好的页岩气地质条件。     

下扬子地区五峰组—高家边组页岩气形成条件

 页岩气是一种清洁、高效的非常规能源。通过露头观测、钻井资料、有机地化与储集物性等资料,分析了下扬子地区上奥陶统五峰组—下志留统高家边组页岩的沉积环境、厚度、分布、埋深、有机质丰度、类型、热演化程度、孔缝特征及岩石矿物组成等。研究结果表明,该页岩主体为陆棚沉积,沉积厚度大,主要分布在300~400m之间、埋深适中;页岩有机碳含量主要分布在0.5%~1.0%之间,有机质类型为Ⅰ型和Ⅱ型,镜质组反射率主体分布在1.5%~2.5%之间,处于高成熟-过成熟阶段;页岩石英含量较高,普遍分布在34.2%～55.1%之间,微裂缝发育,有利于压裂改造。研究表明页岩气形成的有利区分布在苏北高邮—海安—句容、皖南泾县—宁国和浙西临安等地区。     

塔河油田4区岩溶缝洞型储层及其控制因素*

塔河油田4区下奥陶统碳酸盐岩储层以溶洞、溶孔和裂缝为主,溶洞是最有效的储集体,裂缝次之。基质孔渗性极差,难以构成有效的储集空间。受海西早期构造运动的影响,研究区发育北北东、北北西以及北东向3个方向的裂缝。综合岩芯岩溶特征描述、电子探针元素分析以及同位素分析等方面的研究,发现研究区发育4期岩溶作用,其中加里东中晚期与海西早期的岩溶作用对研究区溶洞的形成起到了重要的控制作用。岩溶地貌控制了缝洞型储集体的分布,处在不同岩溶相带的古水系对缝洞体形态产生影响,断裂及其伴生裂缝增加了地表水及地下水与碳酸盐岩的接触面积和溶蚀范围,使得研究区内放空漏失井90%集中在断裂带附近,断裂带是裂缝与岩溶发育的密集带。     

SHRIMP U-Pb zircon age of tuff at the bottom of the Lower Cambrian Niutitang Formation,Zunyi, South China

A SHRIMP U-Pb zircon geochronology study of the tuff at the bottom of the Lower Cambrian Niutitang Formation at Songlin, Zunyi, South China yielded a mean ^206Pb/^238U age of 518±5 Ma. It is significantly younger than the Re-Os ages of 537--542 Ma for the overlying polymetallic Ni-Mo-PGE-rich layer in the basal Niutitang Formation at Songlin, suggesting that the Re-Os ages might represent that of the original magma chamber for the Ni-Mo-PGE-rich layer rather than the formation age of the strata. The intra-basinal stratigraphic correlation also implies that the absolute age of the Chengjiang biota should be younger than 518±5 Ma. Our new result, together with the SHRIMP U-Pb zircon age for the K-bentonite in the Zhongyicun member of the Zhujiaqing Formation at the Meishucun section, Yunnan Province, provides a temporal constraint for the Lower Cambrian of the Yangtze Platform in South China.     

复平面上无限级Dirichlet级数和随机Dirichlet级数的下级

研究了复平面上无限级Dirichlet级数和随机Dirichlet级数下级的增长性,得到了关于它们下级增长性的两个定理.     

A detailed Lower Triassic conodont biostratigraphy and its implications for the GSSP candidate of the Induan–Olenekian boundary in Chaohu, Anhui Province

Chaohu is located in a deep part of carbonate ramp on the Lower Yangtze Block, which belonged to the low-latitude eastern Tethyan archipelago during the Early Triassic. Fossils were very rich in the Lower Triassic of Chaohu. Bivalves, ammonoids, conodonts were very common throughout the Lower Triassic, while fish fossils were generally rich in some beds of the upper part. It is one of the most typical sections for the Early Triassic chronostratigraphy in the world. Although various fossils had been studied in the 1980s and 1990s, recent studies based upon new and more detailed collections from the Lower Triassic of Chaohu showed that the conodont zonation needs revision. We collected Lower Triassic conodont fossils from continuous sections of the West Pingdingshan, North Pingdingshan and South Majiashan, Chaohu, Anhui Province, and updated zonations were made for each section. Eight conodont zones have been distinguished. They are, in ascending order, Hindeodus typicalis zone, Neogondolella krystyni zone, Neospathodus kummeli zone, Neospathodus dieneri zone, Neospathodus waageni zone, Neospathodus pingdingshanensis zone, Neospathodus homeri zone, and Neospathodus anhuinensis zone. The first occurrence of Neospathodus waageni eowaageni of the N. w. eowaageni subzone （i.e. the base of the N. waageni zone） is suggested as the marker to define the Induan-Olenekian boundary.     

New dragonflies （Insecta： Odonata： Gomphaeschnidae） from the Yixian Formation in Inner Mongolia,China

Two fossil dragonflies from the Upper Jurassic to Lower Cretaceous Yixian Formation in Liutiaogou Village, Ningcheng County, Inner Mongolia, China are described and illustrated. They are assigned to two new genera and species, i.e., Sophoaeschna frigida gen. et sp. nov. and Falsisophoaeschna generalis gen. et sp. nov. within the family Gomphaeschnidae Tillyard ＆ Fraser, 1940. This is the first report of Odonata from Yixian Formation in Inner Mongolia and the second record of fossil Gomphaeschnidae from China.     

New dragonflies (Insecta: Odonata: Gomphaeschnidae) from the Yixian Formation in Inner Mongolia, China

Two fossil dragonflies from the Upper Jurassic to Lower Cretaceous Yixian Formation in Liutiaogou Village, Ningcheng County, Inner Mongolia, China are described and illustrated. They are assigned to two new genera and species, i.e., Sophoaeschna frigida gen. et sp. nov. and Falsisophoaeschna generalis gen. et sp. nov. within the family Gomphaeschnidae Tillyard & Fraser, 1940. This is the first report of Odonata from Yixian Formation in Inner Mongolia and the second record of fossil Gomphaeschnidae from China.