R ＆ D STRATEGIC INVESTMENT IN AN ASYMMETRICAL CASE

This article analyzes R ＆ D investment decisions in an asymmetrical case. The investment decisions share three important characteristics. First, the investment is completely irreversible. Second, there are two kinds of uncertainties over the future returns from the investment and over technology in R ＆ D process, respectively. Third, there is strategic competition in the asymmetrical case. This article presents the optimal investment threshold values and the optimal investment rule of high-efficient firm （leader）, and shows that the investment threshold values are reduced by competition of two firms. Finally, the mixed investment strategies for two firms, the probability that each firm separately exercises the option to invest, and the probability that two firms simultaneously exercise the option are given in the paper.     

Robustness of alternative non‐linearity tests for SETAR models

In recent years there has been a growing interest in exploiting potential forecast gains from the non‐linear structure of self‐exciting threshold autoregressive (SETAR) models. Statistical tests have been proposed in the literature to help analysts check for the presence of SETAR‐type non‐linearities in an observed time series. It is important to study the power and robustness properties of these tests since erroneous test results might lead to misspecified prediction problems. In this paper we investigate the robustness properties of several commonly used non‐linearity tests. Both the robustness with respect to outlying observations and the robustness with respect to model specification are considered. The power comparison of these testing procedures is carried out using Monte Carlo simulation. The results indicate that all of the existing tests are not robust to outliers and model misspecification. Finally, an empirical application applies the statistical tests to stock market returns of the four little dragons (Hong Kong, South Korea, Singapore and Taiwan) in East Asia. The non‐linearity tests fail to provide consistent conclusions most of the time. The results in this article stress the need for a more robust test for SETAR‐type non‐linearity in time series analysis and forecasting. Copyright © 2004 John Wiley & Sons, Ltd.     

新的基团法估算沸点下蒸发焓

提出了估算沸点下蒸发焓的含基团重量分率的基团法和估算式，拟合团贡献值，对３８５种有机物的计算平均偏差约为１．５％。所提出的新方法明显优于３种对应状态和用蒸发熵的基团法。     

彝族“打歌”初探

“打歌”史称“踏歌”，是一种自娱性的民间歌舞。彝族“打歌”历史悠久、曲调优芙、歌词内容丰富、舞姿活泼多变，并在国内外享有盛名，是彝族文化的重要组成部分，同时也是中华民族优秀的文化遗产之一。在当前世界范围内的现代化进程中，通过各种途径积极保护彝族“打歌”这一传统文艺形式具有十分重要的意义。     

Influence of hydrochlorothiazide on the pain threshold and on the antinociceptive activity of morphine,in rats

Summary Hydrochlorothiazide, acutely injected in rats, has a weak analgesic activity per se and potentiates and prolongs the antinociceptive effect of morphine.This work was supported in part by grants from Consiglio Nazionale delle Ricerche, and by Ministero della Pubblica Istruzione, Roma.     

线性驱动下一级相变的重正化群理论

把重正化群理论应用于一受外场驱动而发生一级相变的系统中，结果表明，与有序化过程一样，该系统也由零温不动点所决定，并得到磁化强度及结构函数的新的动力学标度关系．由此可获得滞后回约面积与变场速率的标度关系．     

有限群为ρ-幂零群的一些充要条件

在文献[1]研究Ⅱ-超中心的基础上,取Ⅱ={p},即利用p-超中心得到了ρ-幂零群的另外一些充要条件,并推广了文献[2]介绍的ITo定理.     

多级企业集团R&D决策的信号博弈分析

为了帮助企业集团制定 R& D决策 ,建立了不完全信息库诺特市场上三级企业集团关于 R& D及其经济增长的模型 ,并采用信号博弈分析了该模型 ,给出了集团的最优决策 .在给出了模型的基本描述后 ,建立并用信号博弈分析了下游企业 C的模型 ,给出了其最优决策 ,也同样分析了中游企业 B和上游企业 A.集团公司的最优创新大小依赖于贴现因子、它的类型、价格和工资 .在集团中 ,上游企业的最优创新大小影响下游企业的最优创新大小     

选择最小方差阈值的判别式方法

本文阐述了选择最小方差阈值的各次累积矩判别式方法,证明了零次矩判别式最小方差阈值选择法在理论上可使统计累积矩的次数降到最低,在实用上可进一步减少运算量。     

杂环基二硅烷的合成与波谱表征

由2—噻吩基锂和N-吡咯格氏试剂分别与氟五甲基二硅烷反应,制得了2—噻吩基、五甲基二硅烷(Ⅰ)和N-吡咯基五甲基二硅烷(Ⅱ)。两种二硅烷都是无色液体。Ⅰ在室温下空气中是稳定的,Ⅱ在空气中逐渐转变成绿褐色。元素分析,IR,~1H MR和MS分析证实了其结构。Ⅰ和Ⅱ的最大紫外吸收峰分别为242.0nm和220.1nm。