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The purpose of this paper is to split loan customers to different credit ratings to ensure the results that show that customers with lower credit ratings have higher loss rates, and the number of customers that satisfies the bell-shaped distribution. Hence, the number of credit ratings, the distribution of the rated obligors among ratings can achieve a meaningful differentiation of risk, which can avoid the loan pricing confusion.

The authors introduce a multi-objective programming to establish the credit rating model. Objective function 1 minimizes the absolute difference between the obligor number proportion and perfect client proportion, following a standard normal distribution. Objective function 2 minimizes the total difference of the deviation between two adjacent credit ratings’ loss rates. This study combines the two objective functions to ensure the obligor number distribution and the monotonicity of the loss rate, and applies genetic algorithm to solve the model.

This study’s analysis is based on data from 6,155 enterprises, provided by a Chinese bank and Prosper P2P loan data. The empirical results reveal that the proposed approach can ensure the balance between both criteria and avoid undue concentration of obligors in particular grades.

The proposed credit model could help building a reasonable credit rating system, which is the prerequisite of loan pricing; thus, inaccurate credit rating can cause incorrect loss rate estimates and loan pricing.

The purpose of this study is to develop new biodegradable magnesium alloy. Magnesium possesses similar mechanical properties to natural bone; it is a potential candidate for resorbable implant applications. However, in physiological conditions, the degradation rate of Mg is too high to be used as an implant material.

In this research, Zn, Sr and Ca were chosen as alloying elements; a coating was deposited on the MgZnSrCa alloy surface by means of a biomimetic technique. The corrosion rates of the uncoated and coated specimens were tested in simulated body fluid.

The hydroxyapatite coating formed on the MgZnSrCa alloy surface and the hydroxyapatite layer markedly decreased the corrosion rate of the MgZnSrCa alloy.

A homogenous hydroxyapatite coating was formed on the MgZnSrCa alloy surface by using a biomimetic coating technique. The biomimetic hydroxyapatite coating markedly reduced the corrosion rate of the MgZnSrCa alloy, and the largest decrease in wastage rate was 44 per cent.

This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample surveys in China, providing important micro firm-level data for understanding and studying the development of Chinese enterprises and entrepreneurs over the past 26 years.

The main body of this paper is based on a bibliometric analysis of all literature using CPES until 2017.

This paper discusses problems that users may encounter during data mining. By doing so, it can assist other researchers to get a better understanding of what has been done (e.g. journals, topics, scholars and institutions) and do their research in a more targeted way.

As members of the survey project team, the authors also take a prospect of the future data design and use, as well as offer some suggestions about how to use the CPES data to improve high-quality development and business environment evaluation in China.

This paper is the first to provide an overall picture of academic papers in China and abroad that have used the CPES data.

With the development of the digital economy, digital entrepreneurship has become increasingly popular. For college students preparing for digital entrepreneurship, it is necessary to cope with the uncertainty of the start-up process through meaningful managing learning and continuous entrepreneurship education. The purpose of this study is to examine the relationship between Chinese college students' digital entrepreneurship intention and digital entrepreneurship behavior, as well as the role of managing learning and entrepreneurship education in this relationship.

Based on the existing literature, this study established the digital entrepreneurship hypothesis model and investigated the digital entrepreneurship behavior of college students.

The results showed that managing learning and entrepreneurship education can promote the transformation of the digital entrepreneurship intention to digital entrepreneurship behavior. Managing learning and entrepreneurship education played a driving role in the transformation of the digital entrepreneurship intention to digital entrepreneurship behavior.

This study explored the complex mechanism of the relationship between digital entrepreneurship intention and digital entrepreneurship behavior among Chinese college students. Based on survey data from 235 college students in China, the empirical results supported theoretical research hypotheses on the relationship between college students and digital entrepreneurship intention, digital entrepreneurship behavior, managing learning and entrepreneurship education.

The purpose of this paper is to eliminate the fluctuations in train arrival and departure times caused by skewed distributions in interval operation times. These fluctuations arise from random origin and process factors during interval operations and can accumulate over multiple intervals. The aim is to enhance the robustness of high-speed rail station arrival and departure track utilization schemes.

To achieve this objective, the paper simulates actual train operations, incorporating the fluctuations in interval operation times into the utilization of arrival and departure tracks at the station. The Monte Carlo simulation method is adopted to solve this problem. This approach transforms a nonlinear model, which includes constraints from probability distribution functions and is difficult to solve directly, into a linear programming model that is easier to handle. The method then linearly weights two objectives to optimize the solution.

Through the application of Monte Carlo simulation, the study successfully converts the complex nonlinear model with probability distribution function constraints into a manageable linear programming model. By continuously adjusting the weighting coefficients of the linear objectives, the method is able to optimize the Pareto solution. Notably, this approach does not require extensive scene data to obtain a satisfactory Pareto solution set.

The paper contributes to the field by introducing a novel method for optimizing high-speed rail station arrival and departure track utilization in the presence of fluctuations in interval operation times. The use of Monte Carlo simulation to transform the problem into a tractable linear programming model represents a significant advancement. Furthermore, the method’s ability to produce satisfactory Pareto solutions without relying on extensive data sets adds to its practical value and applicability in real-world scenarios.

The purpose of this study is to evaluate the role of encapsulation pH and iron source on the anchorage mode and performance of iron oxide-encapsulated aluminium pigments.

The coloured waterborne aluminium pigments were prepared at pH 5-7.5 by using FeSO₄ and FeCl₃ as iron source. The anchorage mode of iron oxides on aluminium was characterized using optical microscopy, scanning electron microscopy, Fourier transform infrared spectroscopy and X-ray diffraction. Furthermore, the pigmentary performance was characterized through anticorrosion test and multi-angle spectroscopy.

Diaspore and boehmite could form from H₂O₂ oxidizing aluminium. Both low pH and FeSO₄ systems are beneficial for diaspore, inducing green rust anchor on the aluminium to form goethite. Either in FeSO₄ or FeCl₃ system, slightly high pH is beneficial for the formation of boehmite, which occurred together with ferrihydrite to form denser coating with yellowness and excellent anticorrosion property. At pH above 7, the formation of dendritic iron oxide is detrimental to the anticorrosion property and the glossiness.

Only FeSO₄·7H₂O and FeCl₃·6H₂O as iron sources were explored.

The investigation results provide theoretical basis to obtain excellent chromatic waterborne aluminium pigments.

The method for investigation of encapsulation mechanism by surveying the structure of iron oxides on aluminium, which varies with the pH of the system and iron sources, is novel.

Atherosclerosis tends to occur in the distinctive carotid sinus, leading to vascular stenosis and then causing death. The purpose of this paper is to investigate the effect of sinus sizes, positions and hematocrit on blood flow dynamics and heat transfer by different numerical approaches.

The fluid flow and heat transfer in the carotid artery with three different sinus sizes, three different sinus locations and four different hematocrits are studied by both computational fluid dynamics (CFD) and fluid-structure interaction (FSI) methods. An ideal geometric model and temperature-dependent non-Newtonian viscosity are adopted, while the wall heat flux concerning convection, radiation and evaporation is used.

With increasing sinus size, the average velocity and temperature of the blood fluid decrease, and the area of time average wall shear stress (TAWSS)with small values decreases. As the distances between sinuses and bifurcation points increase, the average temperature and the maximum TAWSS decrease. Atherosclerosis is more likely to develop when the sinuses are enlarged, when the sinuses are far from bifurcation points, or when the hematocrit is relatively large or small. The probability of thrombosis forming and developing becomes larger when the sinus becomes larger and the hematocrit is small enough. The movement of the arterial wall obviously reduces the velocity of blood flow, blood temperature and WSS. This study also suggests that the elastic role of arterial walls cannot be ignored.

The hemodynamics of the internal carotid artery sinus in a carotid artery with a bifurcation structure have been investigated thoroughly, on which the impacts of many factors have been considered, including the non-Newtonian behavior of blood and empirical boundary conditions. The results when the FSI is considered and absent are compared.

With the increasingly collaborative nature of innovation and the expanding role of digital platforms on inter-firm collaboration, the purpose of this paper is to investigate the impacts of digital platforms on collaborative innovation capability (CIC) under conditions of two distinctive governance mechanisms. Furthermore, the competitive benefits of CIC at different levels of environmental uncertainty are examined to clarify the performance of collaborative innovation.

The research model is proposed based on dynamic capabilities theory, information technology (IT)-enabled organizational capability and governance mechanisms literature, and then validated by using partial least squares with data collected from 200 Chinese firms that engage in digital collaboration with their major channel distributors.

Empirical results show that the enabling effect of digital platforms capability on CIC is positively moderated by relational governance while negatively moderated by formal governance, and both governance mechanisms directly and positively influence CIC; the positive relationship between CIC and competitive performance is stronger for higher level of environmental uncertainty; and CIC is the key mediator converting digital platforms capability into competitive performance.

This study enriches the existing literatures in IT-innovation relationship by not only surfacing the interplay of digital platforms capability with two distinctive governance mechanisms in building CIC, but also clarifying the competitive benefits of CIC in an uncertain environment. Moreover, this study helps explain the controversial issue of the business value of IT capability by discovering the mediating role of CIC.

This article aims to study the role of personal values as moderators of the antecedents of consumers' “green” buying intentions in the context of Chinese consumers' inclination to buy organic food.

Ordinary Chinese consumers (n=479) were intercepted and filled out a questionnaire outside upscale supermarkets in Guangzhou. Multigroup structural equation modeling was used to test hypotheses about personal values' moderating effect in the theory of planned behavior.

Self‐transcendence values moderate the relationship between two antecedents and behavioral intentions: the attitude towards buying organic food and perceived behavioral control. Both of these antecedents have a stronger impact on intentions among consumers with strong self‐transcendence values than among consumers with weak ones.

The study is based on a single consumer survey collected from a convenience sample of consumers from one Chinese city. Hence, care needs to be exercised when making inferences about causality and representativeness.

Study results have direct implications for the marketing of organic food. As the food safety problem in China is getting more severe and environmental issues are increasing on the political and public agendas, the consumption of organic food is being increasingly advocated by both the government and food producers, as a healthy and environment‐friendly alternative, which also may contribute positively to the development of the economy.

This article extends the rare literature analyzing Chinese consumers' inclination to buy organic food. It also extends the understanding of the role of personal values as moderators of antecedents of consumers' buying intentions for “green” products.

The purpose of this paper is to propose an iterative Legendre technique to deal with a continuous optimal control problem (OCP).

For the system in the considered problem, the control variable is a function of the state variables and their derivatives. State variables in the problem are approximated by Legendre expansions as functions of time t. A constant matrix is given to express the derivatives of state variables. Therefore, control variables can be described as functions of time t. After that, the OCP is converted to an unconstrained optimization problem whose decision variables are the unknown coefficients in the Legendre expansions.

The convergence of the proposed algorithm is proved. Experimental results, which contain the controlled Duffing oscillator problem demonstrate that the proposed technique is faster than existing methods.

Experimental results, which contained the controlled Duffing oscillator problem demonstrate that the proposed technique can be faster while securing exactness.