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The 1997-98 financial crisis has had a profound effect on how East Asian economies the role of the IMF and its strategic interests relative to those of the United States in the international financial regime. It has prompted them to create a regional mechanism for financial and monetary cooperation, ranging from deeper policy dialogue and surveillance, to a system of financial cooperation, and common exchange rate arrangements. This paper analyses the economic and strategic motivations behind this and outlines recent developments in financial cooperation in East Asia to provide possible directions for the future.

A network of bilateral swap arrangements under the Chiang Mai Initiative(CMI) needs stronger policy dialogue and surveillance to develop into a regional financing facility, a sort of East Asian IMF. The facility plays a role as an regional lender of last resort, providing short-term funds to a member country facing a temporary liquidity shortage and for market intervention to stabilize foreign exchange rate. East Asian countries need to achieve regional exchange rate stability. In the long run, the region may develop a common currency arrangement, but it cannot be expected in the very near future because there is no convergence of macroeconomic conditions, economic structure and systems. A realistic approach would be for East Asian developing countries to adopt a currency basket system to minimize the impact of dollar/yen exchange rate volatility on their economies. Strong political will and a vision for regional integration will be required to introduce it.

In the practice of live streaming e-commerce, the consumer demand is usually uncertain, and the inventory and prices can be decided by brand owners or streamers. To this end, this study examines the inventory and pricing decisions of the brand owner and streamer in a live streaming e-commerce supply chain under demand uncertainty.

In this study, four scenarios are considered, i.e. the brand owner determines the inventory and price (Scenario BB), the brand owner determines the inventory and the streamer determines the price (Scenario BS), the streamer determines the inventory and the brand owner determines the price (Scenario SB), and the streamer determines the inventory and price (Scenario SS).

The results show that the inventory and prices, as well as the profits of the brand owner and streamer increase with the consumer sensitivity to streamer’s sales effort level under the four scenarios. The inventory (price) is the highest under Scenario SS (SB), while that is the lowest under Scenario BB (BS). In addition, when the sensitivity is low, the brand owner’s profit is the highest under Scenario BB, otherwise, the profit is the highest under Scenario SS. Regardless of the sensitivity, the streamer’s profit is always the highest under Scenario SS.

Few studies focused on the inventory and pricing decisions of brand owners and streamers in live streaming e-commerce supply chains under demand uncertainty, while this work bridges the research gap. This study can provide theoretical basis and decision support for brand owners and streamers.

In this paper, we study a partially linear dynamic panel data model with fixed effects, where either exogenous or endogenous variables or both enter the linear part, and the lagged-dependent variable together with some other exogenous variables enter the nonparametric part. Two types of estimation methods are proposed for the first-differenced model. One is composed of a semiparametric GMM estimator for the finite-dimensional parameter θ and a local polynomial estimator for the infinite-dimensional parameter m based on the empirical solutions to Fredholm integral equations of the second kind, and the other is a sieve IV estimate of the parametric and nonparametric components jointly. We study the asymptotic properties for these two types of estimates when the number of individuals N tends to ∞ and the time period T is fixed. We also propose a specification test for the linearity of the nonparametric component based on a weighted square distance between the parametric estimate under the linear restriction and the semiparametric estimate under the alternative. Monte Carlo simulations suggest that the proposed estimators and tests perform well in finite samples. We apply the model to study the relationship between intellectual property right (IPR) protection and economic growth, and find that IPR has a non-linear positive effect on the economic growth rate.

Under the carbon tax policy, the authors examine the operational decisions of the low-carbon supply chain with the triple bottom line.

This paper uses the Stackelberg game theory to obtain the optimal wholesale prices, retail prices, sales quantities and carbon emissions in different cases, and investigates the effect of the carbon tax policy.

This study’s main results are as follows: (1) the optimal retail price of the centralized supply chain is the lowest, while that of the decentralized supply chain where the manufacturer undertakes the carbon emission reduction (CER) responsibility and the corporate social responsibility (CSR) is the highest under certain conditions. (2) The sales quantity when the retailer undertakes the CER responsibility and the CSR is the largest. (3) The supply chain obtains the highest profits when the retailer undertakes the CER responsibility and the CSR. (4) The environmental performance impact decreases with the carbon tax.

The results of this study can provide decision-making suggestions for low-carbon supply chains. Besides, this paper provides implications for the government to promote the low-carbon market.

Most of the existing studies only consider economic responsibility and social responsibility or only consider economic responsibility and environmental responsibility. This paper is the first study that examines the operational decisions of low-carbon supply chains with the triple bottom line under the carbon tax policy.

Promoting low-carbon in the construction industry is important for achieving the overall low-carbon goals. Public–private partnership is very popular in public infrastructure projects. However, different perceptions of low-carbon and behaviors of public and private sectors can hinder the realization of low-carbon in these projects. In order to analyze the willingness of each stakeholder to cooperate towards low-carbon goals, an evolutionary game model is constructed.

An evolutionary game model that considers the opportunistic behavior of the participants is developed. The evolutionary stable strategies (ESSs) under different scenarios are examined, and the factors that influence the willingness to cooperate between the government and private investors are investigated.

The results illustrate that a well-designed system of profit distribution and subsidies can enhance collaboration. Excessive subsidies have negative impact on cooperation between the two sides, because these two sides can weaken income distribution and lead to the free-riding behavior of the government. Under the situation of two ESSs, there is also an optimal revenue distribution coefficient that maximizes the probability of cooperation. With the introduction of supervision and punishment mechanism, the opportunistic behavior of private investors is effectively constrained.

An evolutionary game model is developed to explore the cooperation between the public sector and the private sector in the field of low-carbon construction. Based on the analysis of the model, this paper summarizes the conditions and strategies that can enable the two sectors to cooperate.

This study aims to improve the positioning accuracy of a large-scale parallel pose alignment mechanism by calibration and error compensation.

The dynamic modelling of the parallel pose alignment mechanism is achieved using the Newton Euler method. Combined with a deformation compatibility analysis, the support force at the spherical hinge and the friction of the follow-up prismatic pair are calculated. The deformation of the moving platform in multi-pose space is analysed by the integral method, and a corresponding deformation model is established. Based on the calculated support force, friction and deformation, the deformation error is analysed. Combined with the calculated deformation error, kinematics calibration and positioning error compensation are carried out.

The simulation results show that the deviation of structural error identification is decreased from 3.03 × 10^–1 mm to 6.8 × 10^–2 mm. The experimental results show that the maximum pose errors after compensation are reduced from 2.77 mm to 6.5 × 10^–1° to 3.9 × 10^–1 mm and 3.7 × 10^–1°, which verifies the effectiveness of the proposed method.

This method can be used in the field of aircraft assembly for the calibration and error compensation of a large-scale parallel pose alignment mechanism based on positioners.

The purpose of this study is developing the minimum parameter learning law for the weight updating, which reduces the updating of neural network (NN) weight only at triggering instants and makes a trade-off between the estimation accuracy and triggering frequency such that the computing complexity can be decreased. Besides that, a novel “soft” method is first constructed for the control updating at the triggered instants, to reduce the chattering effect of discontinued renewal of control. Addressing to the proposed control and updating method, a novel dead-zone condition with variable boundary about the triggered control signal is derived to ensure the positivity of adjacent execution intervals.

In this paper, to achieve the motion tracking of manipulator with uncertainty of system dynamics and the communication constraints in the control-execution channel, an adaptive event-triggered controller with NN identification is constructed to improve the transmission efficiency of control on the premise of the guaranteed performance. In the proposed method, the NN with intermittent updating is proposed to perform the uncertain approximation with the saved computation, and the triggered mechanism is constructed to regulate the transportation of the signal in the channel of controller-to-actuator.

According to the impulsive Lyapunov function, it can be proved that all the signals are semi-global uniformly ultimately bounded, and the positivity of adjacent execution intervals is also guaranteed by the proposed method. In addition, the chattering effect of control updating at the jumping instants can be relieved by the proposed “soft” mechanism, such that the control accuracy and stability can be guaranteed. Experiments on the JACO2 real manipulator are carried out to verify the effectiveness of the proposed scheme.

To the best of the author’s knowledge, this study is firstly to propose a “soft” method to reduce the chattering effect caused by discontinuous updating. Addressing to the updating method designed above, a novel dead-zone condition with variable threshold and boundary is first constructed to ensure the positivity of execution intervals.

This paper gives a review of the finite element techniques (FE) applied in the area of material processing. The latest trends in metal forming, non‐metal forming, powder metallurgy and composite material processing are briefly discussed. The range of applications of finite elements on these subjects is extremely wide and cannot be presented in a single paper; therefore the aim of the paper is to give FE researchers/users only an encyclopaedic view of the different possibilities that exist today in the various fields mentioned above. An appendix included at the end of the paper presents a bibliography on finite element applications in material processing for 1994‐1996, where 1,370 references are listed. This bibliography is an updating of the paper written by Brannberg and Mackerle which has been published in Engineering Computations, Vol. 11 No. 5, 1994, pp. 413‐55.

In the long-term network operation, the power distribution network will be subjected to the effects of ultra-high voltage, strong electromagnetic interference and harsh natural environment on the power system, which will lead to the occurrence of different faults in the distribution network and directly affect the normal operation of the power grid.

The purpose of this study is to solve the problems of labor intensity, high risk and low efficiency of distribution network manual maintenance operation, this paper proposed a new configuration of the live working robot for distribution network maintenance, the robot is equipped with dual working arms through the mobile platform, which can realize the coordination movement, the autonomous reorganization and replacement of the end tools, respectively, so as the robot power distribution maintenance function such as stripping, trimming, wiring and the operation control problem of the distribution network-robot with small arms and in small operation space can be realized.

To effective elimination or reduce the adverse effects of the internal forces in the closed chain between the working object and manipulator under the typical task of the 10 kV distribution network, this paper has established the robot coordinated control dynamics model in the closed-chain between the dual-working object and proposed the dynamic distribution method of closed-chain internal force and the effectiveness has been proved by simulation experiments and 10 kV field operation.

The force-position hybrid control can realize the mutual compensation of force and position so as to effectively reduce the internal force in the closed chain. Finally, the engineering practicality of the method is verified by field operation experiment, the effective implementation of this control method greatly improves the robot working efficiency and the operation reliability, the promotion and application of the control method have great theoretical and practical value and maintenance management system, so as to achieve automation of electric.

The purpose of this paper is to develop a counter-extrapolation approach for computational heat and mass transfer with the interfacial discontinuity considered at conjugate interfaces.

By applying finite-difference approximations for the interfacial gradients along the local normal direction, the conjugate system can be simplified to the Dirichlet boundary problems for individual domains. A suitable method for the Dirichlet boundary value condition can then be used. The lattice Boltzmann method has been used to demonstrate the method. The model has been carefully validated by comparing the simulation results and theoretical solutions for steady and unsteady systems with flat or circular interfaces. Furthermore, the cooling process of a hot cylinder in a cold flow, which involves unsteady flow and heat transfer across a curved interface, has been simulated as an example to illustrate the practical usefulness of this model.

Good agreement has been observed in comparisons of simulations and theoretical solutions. The convergence and stability of the method have also been examined and satisfactory results have been obtained. Results of the cylinder cooling process show that a surface insulation layer can effectively reduce the heat transfer process and slow down the cooling process.

This method possesses several technical advantages, including the simple and straightforward algorithm, and accurate representation of the interface geometry. The basic idea and algorithm of the counter-extrapolation procedure presented here can be readily extended to other lattice Boltzmann models and even other computational technologies for heat and mass transfer systems with interface discontinuity.