Optimal investment problem for an insurer and a reinsurer

This paper studies the optimal investment problem for an insurer and a reinsurer. The basic claim process is assumed to follow a Brownian motion with drift and the insurer can purchase proportional reinsurance from the reinsurer. The insurer and the reinsurer are allowed to invest in a risk-free asset and a risky asset. Moreover, the authors consider the correlation between the claim process and the price process of the risky asset. The authors ?rst study the optimization problem of maximizing the expected exponential utility of terminal wealth for the insurer. Then with the optimal reinsurance strategy chosen by the insurer, the authors consider two optimization problems for the reinsurer: The problem of maximizing the expected exponential utility of terminal wealth and the problem of minimizing the ruin probability. By solving the corresponding Hamilton-Jacobi-Bellman equations, the authors derive the optimal reinsurance and investment strategies, explicitly. Finally, the authors illustrate the equality of the reinsurer's optimal investment strategies under the two cases.     

中国和美国信贷冲击跨境溢出效应的比较研究

本文构建了基于符号约束识别的GVAR模型,并用以考察中国和美国的信贷市场冲击对全球41个国家的不同溢出效应.研究结果表明,中国紧缩性信贷市场冲击对本国实体经济有显著的负效应,但仅限于短中期;而美国信贷冲击对本国乃至全球经济都具有相当大且持久的负影响.中国信贷冲击的跨国效应较小,且主要通过贸易渠道.中国信贷市场的本国冲击能解释中国产出近10%的波动,但无论是本国效应还是跨境传导,总需求冲击仍是驱动中国经济周期波动的最主要力量.     

Aristotle Said “Happiness is a State of Activity” — Predicting Mood Through Body Sensing with Smartwatches

We measure and predict states of Activation and Happiness using a body sensing application connected to smartwatches. Through the sensors of commercially available smartwatches we collect individual mood states and correlate them with body sensing data such as acceleration, heart rate, light level data, and location, through the GPS sensor built into the smartphone connected to the smartwatch. We polled users on the smartwatch for seven weeks four times per day asking for their mood state. We found that both Happiness and Activation are negatively correlated with heart beats and with the levels of light. People tend to be happier when they are moving more intensely and are feeling less activated during weekends. We also found that people with a lower Conscientiousness and Neuroticism and higher Agreeableness tend to be happy more frequently. In addition, more Activation can be predicted by lower Openness to experience and higher Agreeableness and Conscientiousness. Lastly, we find that tracking people’s geographical coordinates might play an important role in predicting Happiness and Activation. The methodology we propose is a first step towards building an automated mood tracking system, to be used for better teamwork and in combination with social network analysis studies.     

大学生羞怯与手机成瘾倾向:孤独感的中介作用

为探讨大学生羞怯与手机成瘾倾向的关系,考察孤独感在大学生羞怯与手机成瘾倾向之间的中介作用。采用羞怯量表、UCLA孤独量表得分第三版和大学生手机成瘾倾向量表对在贵州省8所高校抽取的1 147名大学生进行调查。结果显示:大学生羞怯量表得分、孤独感量表与手机成瘾倾向量表得分显著正相关(r=0.27,r=0.29,均P<0.001),羞怯量表得分和孤独感量表得分显著正相关(r=0.49,均P<0.001);羞怯和孤独感均可显著正向预测大学生手机成瘾倾向(均P<0.001),孤独感在大学生羞怯与手机成瘾倾向之间的部分中介作用成立。     

浅谈功率因数的补偿及其应用

根据我国当前电力系统运行情况，对电网无功功率补偿的必要性及通用补偿方法及其装置进行了具体阐述。     

我国巨型机发展概述

系统地总结和介绍了我国高性能计算机，包括“银河”系列巨型机、“曙光”系列巨型机、“神威”系列巨型机、“深腾”系列巨型机以及“深超”系列巨型机的开发研制以及应用情况。     

顶凌覆盖节水增产技术研究

通过1998年、2000年的试验研究，系统分析了顶凌覆盖技术在高寒区节水增温保温、增产增收的机理及其应用效果。提出该技术可以缓解低温干旱特别是春旱对农业生产的困扰，是一项可以抗旱保春播增产增收的实用技术，在高寒地区具有较高的推广价值。     

宇宙临界减速因子

本文证明了如果中微子具有质量,那么膨胀宇宙的临界减速因子q_c就不是通常所说的1/2而是等于1。     

拮抗肌对的协同控制与EMG信号的中值频率关系

探讨在持续恒力收缩时,正常人体肘关节主动肌和桔抗肌的协同作用原理与它们的表面EMG信号中值频率(Median Frequency,MF)的变化趋势,研究它们的疲劳行为。十五个正常受试者的实验数据统计结果表明,拮抗肌的SEMG/MF高于主动肌;随着收缩时间的增加,主动肌和拮抗肌的MF几乎以相同的速率下降;收缩力越大,它们的两条拟合直线之间的距离、互相关系数、下降速率也越大;关节的角度的变化对上述结论似乎没有明显的影响。这些结论对屈曲和伸展模式都成立。利用人体组织的幅度衰减特性和频率衰减特性,神经肌肉系统的“共驱动”概念对上述结果进行了讨论。