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Article
Publication date: 21 October 2024

Xueyong Tu and Bin Li

Online portfolio selection sequentially allocates wealth among a set of assets and aims to maximize the investor’s cumulative return in the long run. Various existing algorithms…

Abstract

Purpose

Online portfolio selection sequentially allocates wealth among a set of assets and aims to maximize the investor’s cumulative return in the long run. Various existing algorithms in the finance and accounting area adopt an indirect approach to exploit one asset characteristic through the channel of assets’ expected return and thus cannot fully leverage the power of various asset characteristics found in the literature. This study aims to propose new algorithms to overcome this issue to enhance investment performance.

Design/methodology/approach

We propose a parameterized portfolio selection (PPS) framework, which directly incorporates multiple asset characteristics into portfolio weights. This framework can update parameters timely based on final performance without intermediate steps and produce efficient portfolios. We further append L1 regularization to constrain the number of active asset characteristics. Solving the PPS formulation numerically, we design two online portfolio selection (OLPS) algorithms via gradient descent and alternating direction method of multipliers.

Findings

Empirical results on five real market datasets show that the proposed algorithms outperform the state of the arts in cumulative returns, Sharpe ratios, winning ratios, etc. Besides, short-term characteristics are more important than long-term characteristics, and the highest return category is the most important characteristic to improve portfolio performance.

Originality/value

The proposed PPS algorithms are new end-to-end online learning approaches, which directly optimize portfolios by asset characteristics. Such approaches thus differ from existing studies, which first predict returns and then optimize portfolios. This paper provides a new algorithmic framework for investors’ OLPS.

Details

Journal of Accounting Literature, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0737-4607

Keywords

Article
Publication date: 25 June 2024

Kuo Yang, Yanqiu Xia, Wenhao Chen and Yi Zhang

The purpose of this study was to synthesize composite nanoparticles (TiO2@SiO2) via the chemical deposition method and investigate their efficacy as additives in…

Abstract

Purpose

The purpose of this study was to synthesize composite nanoparticles (TiO2@SiO2) via the chemical deposition method and investigate their efficacy as additives in polytetrafluoroethylene (PTFE) lubricating grease. The focus was on examining the frictional and conductive properties of the TiO2@SiO2 grease using a friction tester.

Design/methodology/approach

Composite nanoparticles (TiO2@SiO2) were synthesized using the chemical deposition method and incorporated into PTFE grease. Frictional and conductive properties were evaluated using a friction tester. Surface morphology and chemical composition of wear tracks were analyzed using scanning electron microscope and X-ray photoelectron spectroscopy, respectively.

Findings

Incorporating TiO2@SiO2 at a mass fraction of 1 Wt.% led to a significant reduction in friction coefficient and wear width. The wear depth exhibited a remarkable decrease of 260%, while the contact resistance reached its peak value. This improvement in tribological properties could be attributed to the presence of TiO2@SiO2, where TiO2 served as the core and SiO2 as the shell during the friction process. The high hardness of the SiO2 shell contributed to enhanced load-bearing capacity. In addition, the exceptional insulation properties of SiO2 demonstrated excellent electron-capturing capabilities, resulting in improved friction and insulation performance of the TiO2@SiO2 lubricating grease.

Originality/value

This study demonstrates the potential of TiO2@SiO2 composite nanoparticles as additives in lubricating greases, offering improved friction and insulation performance. The findings provide insights into the design of advanced lubricating materials with enhanced tribological properties and insulation capacity, contributing to the development of more efficient and durable lubrication systems.

Details

Industrial Lubrication and Tribology, vol. 76 no. 6
Type: Research Article
ISSN: 0036-8792

Keywords

Book part
Publication date: 7 October 2024

Jianping Hong and Jiandong Yi

The inclusion of esports as an official event in the Hangzhou Asian Games is an important step towards the institutionalisation of esports. The significance of this event marks…

Abstract

The inclusion of esports as an official event in the Hangzhou Asian Games is an important step towards the institutionalisation of esports. The significance of this event marks that Asia once again takes a lead in the global esportisation. This chapter investigates a series of history events in the inclusion process of esports into the comprehensive Games in Asia using process sociology and actor network theory (ANT). This study will analyse the type characteristics of esports events in Hangzhou Asian Games, whilst examining how key stakeholders' interact and balance in the network composed of international sports organisations, host of the event, emerging esports organisations and esports game companies. The chapter also examines the functions of global game industrial economic geography, local cultural politics, esports geopolitics and Olympic values in esports sportization, aiming to reveal the implications of esports inclusion in the Asian Games on the debate of whether esports meets the criteria to be classified as a ‘sport’ and its enlightenment of digital strategy to the inclusion esports in the Olympics.

Article
Publication date: 20 June 2023

Yukun Hu, Suihuai Yu, Dengkai Chen, Jianjie Chu, Yanpu Yang and Qing Ao

A successful process of design concept evaluation has positive influence on subsequent processes. This study aims to consider the evaluation information at multiple stages and the…

Abstract

Purpose

A successful process of design concept evaluation has positive influence on subsequent processes. This study aims to consider the evaluation information at multiple stages and the interaction among evaluators and improve the credibility of evaluation results.

Design/methodology/approach

This paper proposes a multi-stage approach for design concept evaluation based on complex network and bounded confidence. First, a network is constructed according to the evaluation data. Depending on the consensus degree of evaluation opinions, the number of evaluation rounds is determined. Then, bounded confidence rules are applied for the modification of preference information. Last, a planning function is constructed to calculate the weight of each stage and aggregate information at multiple evaluation stages.

Findings

The results indicate that the opinions of the evaluators tend to be consistent after multiple stages of interactive adjustment, and the ordering of design concept alternatives tends to be stable with the progress of the evaluation.

Research limitations/implications

Updating preferences according to the bounded confidence rules, only the opinions within the trust threshold are considered. The attribute information of the node itself is inadequately considered.

Originality/value

This method addresses the need for considering the evaluation information at each stage and minimizes the impact of disagreements within the evaluation group on the evaluation results.

Details

Kybernetes, vol. 53 no. 11
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 6 September 2024

Yongsheng Zhao, Jiaqing Luo, Ying Li, Caixia Zhang and Honglie Ma

The combination of improved PSO (IPSO) algorithm and artificial neural network (ANN) model for intelligent monitoring of the bearing performance of the hydrostatic turntable.

Abstract

Purpose

The combination of improved PSO (IPSO) algorithm and artificial neural network (ANN) model for intelligent monitoring of the bearing performance of the hydrostatic turntable.

Design/methodology/approach

This paper proposes an artificial neural network model based on IPSO algorithm for intelligent monitoring of hydrostatic turntables.

Findings

The theoretical model proposed in this paper improves the accuracy of the working performance of the static pressure turntable and provides a new direction for intelligent monitoring of the static pressure turntable. Therefore, the theoretical research in this paper is novel.

Originality/value

Theoretical novelties: an ANN model based on the IPSO algorithm is designed to monitor the load-bearing performance of a static pressure turntable intelligently; this study show that the convergence accuracy and convergence speed of the IPSO-NN model have been improved by 52.55% and 10%, respectively, compared to traditional training models; and the proposed model could be used to solve the multidimensional nonlinear problem in the intelligent monitoring of hydrostatic turntables.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-03-2024-0081/

Details

Industrial Lubrication and Tribology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0036-8792

Keywords

Book part
Publication date: 7 October 2024

Nicholas Wise and Enqing Tian

This first chapter is the introduction to the book. The purpose of this book is to address and better understand why China tightly embraces modern sport in contemporary times…

Abstract

This first chapter is the introduction to the book. The purpose of this book is to address and better understand why China tightly embraces modern sport in contemporary times. Some view this as an indicator of glocalisation and a result of Western industrial civilization putting pressure on China to showcase their strengths as a nation. Some important considerations to explore are China's mediated ability to play and compete with the west. Sport is also seen as a channel of observing global political and economic challenges, especially those in the current context of the COVID-19 pandemic and the intense tensions between communities, which certainly inspires further academic development. Given China's recently remarkable achievements in sport, it is high time to show the world more inside stories of sport development across the nation. The contributors of this collection bring foundational Chinese context to each chapter as they examine changing sport cultures at different scales.

Article
Publication date: 3 July 2024

Qian Wang, Yan Wan, Feng Feng, Ziqing Peng and Jing Luo

Public reviews on educational robots are of great importance for the design, development and management of the most advanced robots with an educational purpose. This study…

Abstract

Purpose

Public reviews on educational robots are of great importance for the design, development and management of the most advanced robots with an educational purpose. This study explores the public attitudes and emotions toward educational robots through online reviews on Weibo and Twitter by using text mining methods.

Design/methodology/approach

Our study applied topic modeling to reveal latent topics about educational robots through online reviews on Weibo and Twitter. The similarities and differences in preferences for educational robots among public on different platforms were analyzed. An enhanced sentiment classification model based on three-way decision was designed to evaluate the public emotions about educational robots.

Findings

For Weibo users, positive topics tend to the characteristics, functions and globalization of educational robots. In contrast, negative topics are professional quality, social crisis and emotion experience. For Twitter users, positive topics are education curricula, social interaction and education supporting. The negative topics are teaching ability, humanistic care and emotion experience. The proposed sentiment classification model combines the advantages of deep learning and traditional machine learning, which improves the classification performance with the help of the three-way decision. The experiments show that the performance of the proposed sentiment classification model is better than other six well-known models.

Originality/value

Different from previous studies about attitudes analysis of educational robots, our study enriched this research field in the perspective of data-driven. Our findings also provide reliable insights and tools for the design, development and management of educational robots, which is of great significance for facilitating artificial intelligence in education.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

Keywords

Book part
Publication date: 7 October 2024

Gen Li

In modern China, sports and nationalism always have close connection, and nationalism is the important reason for the promotion of Chinese sports. However, the relationship…

Abstract

In modern China, sports and nationalism always have close connection, and nationalism is the important reason for the promotion of Chinese sports. However, the relationship between Chinese sports and nationalism in globalised China could be much more examined by academics, as well as its influencing factors. This chapter selects the Beijing 2008 Olympic Games as the context and representative three Chinese sports heroes in the period of globalisation to study. The findings show that in some extent, Beijing 2008 Olympic Games and three Chinese sports heroes represent the national image of China in the globalised world, also bearing the burden of washing away historical humiliation and pursuing national glory. Furthermore, it is manifested that China have a complex nationalism in the process of hosting the 2008 Olympic Games. Under the influence of mass media, market economy and sports professionalisation, nationalism still exists in Chinese sports, but people gradually start to reflect on the ‘Juguo Tizhi’, the traditional Chinese sports system and the concept of ‘winning glory for the nation’. The relationship between Chinese nationalism and sports shows the important implications of rapid Chinese sports development.

Details

The Mediating Power of Sport
Type: Book
ISBN: 978-1-83753-079-3

Keywords

Article
Publication date: 16 September 2024

Weiwei Yue, Yuwei Cao, Shuqi Xie, Kang Ning Cheng, Yue Ding, Cong Liu, Yan Jing Ding, Xiaofeng Zhu, Huanqing Liu and Muhammad Shafi

This study aims to improve detection efficiency of fluorescence biosensor or a graphene field-effect transistor biosensor. Graphene field-effect transistor biosensing and…

Abstract

Purpose

This study aims to improve detection efficiency of fluorescence biosensor or a graphene field-effect transistor biosensor. Graphene field-effect transistor biosensing and fluorescent biosensing were integrated and combined with magnetic nanoparticles to construct a multi-sensor integrated microfluidic biochip for detecting single-stranded DNA. Multi-sensor integrated biochip demonstrated higher detection reliability for a single target and could simultaneously detect different targets.

Design/methodology/approach

In this study, the authors integrated graphene field-effect transistor biosensing and fluorescent biosensing, combined with magnetic nanoparticles, to fabricate a multi-sensor integrated microfluidic biochip for the detection of single-stranded deoxyribonucleic acid (DNA). Graphene films synthesized through chemical vapor deposition were transferred onto a glass substrate featuring two indium tin oxide electrodes, thus establishing conductive channels for the graphene field-effect transistor. Using π-π stacking, 1-pyrenebutanoic acid succinimidyl ester was immobilized onto the graphene film to serve as a medium for anchoring the probe aptamer. The fluorophore-labeled target DNA subsequently underwent hybridization with the probe aptamer, thereby forming a fluorescence detection channel.

Findings

This paper presents a novel approach using three channels of light, electricity and magnetism for the detection of single-stranded DNA, accompanied by the design of a microfluidic detection platform integrating biosensor chips. Remarkably, the detection limit achieved is 10 pm, with an impressively low relative standard deviation of 1.007%.

Originality/value

By detecting target DNA, the photo-electro-magnetic multi-sensor graphene field-effect transistor biosensor not only enhances the reliability and efficiency of detection but also exhibits additional advantages such as compact size, affordability, portability and straightforward automation. Real-time display of detection outcomes on the host facilitates a deeper comprehension of biochemical reaction dynamics. Moreover, besides detecting the same target, the sensor can also identify diverse targets, primarily leveraging the penetrative and noninvasive nature of light.

Details

Sensor Review, vol. 44 no. 6
Type: Research Article
ISSN: 0260-2288

Keywords

Article
Publication date: 21 August 2024

Heyong Wang, Long Gu and Ming Hong

This paper aims to provide a reference for the development of digital transformation from the perspective of manufacturing process links.

Abstract

Purpose

This paper aims to provide a reference for the development of digital transformation from the perspective of manufacturing process links.

Design/methodology/approach

This paper applies canonical correlation analysis based on digital technology patents in the key links of manufacturing industries (product design, procurement, product manufacturing, warehousing and transportation, and wholesale and retail) and the related indicators of economic benefits of regions in China.

Findings

(1) The degree of digitalization of manufacturing process links is significantly correlated with economic benefits. (2) The improvement of the degree of digitalization in the “product design” link, the “warehousing and transportation” link, the “product manufacturing” link and the “wholesale and retail” link has significant impacts on the economic benefits of manufacturing industry. (3) The digital degree of the “procurement” link has no obvious influence on the economic benefits of manufacturing industry.

Practical implications

The research results can provide reference for the formulation and implementation of micro policies. The strategy of improving the level of digital transformation of key links of manufacturing industry is put forward to better promote both the digital transformation of manufacturing industry and economic development.

Originality/value

This paper innovatively studies the relationship between digitalization of manufacturing process links and economic benefits. The findings can provide theoretical and empirical support for the digital transformation of China's manufacturing industry and high-quality development of economy.

Details

Business Process Management Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-7154

Keywords

1 – 10 of 119