Xiaopeng Wang, Kun Peng, Meiyun Zhao, Hongliang Tian and Hongling Qin
The purpose of this paper is to propose a wheel/rail mixed lubrication model to study the water lubrication behavior of wheel/rail contact interface.
Abstract
Purpose
The purpose of this paper is to propose a wheel/rail mixed lubrication model to study the water lubrication behavior of wheel/rail contact interface.
Design/methodology/approach
The numerical simulation method is applied in this paper. A deterministic mixed lubrication model considering surface roughness and transient state is established. The quasi-system numerical and finite difference method are used for numerical solution. The model is verified by comparing with the experimental data in the literature under the same conditions.
Findings
Under wet conditions, the change of train speed will change the lubrication state of the wheel/rail contact interface. With an increasing speed, the average film thickness and the film thickness ratio increase, while the adhesion coefficient, the contact load ratio and the contact area ratio decrease. When the creep ratio increases from 0% to 0.5%, the wheel/rail adhesion coefficient and subsurface stress increase sharply. With the increase of axle load, the average film thickness decreases and the adhesion coefficient increases.
Practical implications
This paper aims to improve the mixed lubrication theory by analyzing the characteristics of wheel/rail friction and lubrication, so as to provide some guidance and theory for train driving behavior.
Originality/value
Using the deterministic model, the lubrication state of the wheel/rail contact interface affected by various external factors and the adhesion behavior of wheel/rail progressive process from boundary lubrication to mixed lubrication are studied.
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Juan Chen, Hongling Guo and Zuoping Xiao
This study aims to investigate how high-speed railway (HSR) development affects urban construction investment (UCI) bond yield spreads based on China’s background.
Abstract
Purpose
This study aims to investigate how high-speed railway (HSR) development affects urban construction investment (UCI) bond yield spreads based on China’s background.
Design/methodology/approach
This study constructs a quasi-natural experiment and adopts regression analyses to empirically examine the relation between HSR development and UCI bond yield spreads. The empirical analysis is based on a Chinese sample of 15,109 bond offering observations from 2008 to 2019.
Findings
The results show that HSR development reduces UCI bond yield spreads. Mechanistic analysis shows that HSR development increases land prices and the level of urbanization, which in turn lowers the UCI bond yield spreads. In addition, the impact of HSR development on UCI bond yield spreads is more significant at higher marketization levels and lower degrees of dependence on land finance cities where UCI corporations are located.
Research limitations/implications
The results imply that transportation infrastructure improvement, such as HSR development, helps to enhance the credit of local governments and the solvency of UCI corporations and ultimately reduces the financing cost of UCI bonds.
Originality/value
This paper provides theoretical support and empirical evidence for the impact of transportation infrastructure construction on the implicit debt risks of local governments in China, which enriches the research on the “HSR economy” from a micro perspective and expands the research on the influencing factors of local governments’ debt risk.
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This study aims to investigate how opening high-speed railways affects the cost of debt financing based on China's background.
Abstract
Purpose
This study aims to investigate how opening high-speed railways affects the cost of debt financing based on China's background.
Design/methodology/approach
Using panel data on Chinese listed firms from 2008 to 2017, this study constructs a quasi-natural experiment and adopts a difference-in-difference model with multiple time periods to empirically examine the relation between the high-speed railway openings and debt financing cost.
Findings
Our results show that opening high-speed railways reduces the cost of debt financing, and this negative correlation is more significant in non-state firms, firms with weaker internal control, and firms that hire non-Big Four auditors. Besides, we explore the impact mechanisms and find that opening high-speed railways improves analyst attention, institutional investor participation, and information disclosure quality, which in turn lowers the cost of debt financing.
Research limitations/implications
The results imply that the opening of high-speed railways helps to alleviate the information asymmetry and adverse selection between firms and creditors and ultimately reduces the cost of corporate debt financing.
Practical implications
This paper can inform firms and stakeholders about the impact of opening high-speed railways on debt financing cost: it improves the information environment, reduces the geographical location restrictions of debt financing, ensures the reasonable pricing of corporate debt, and thus promotes the healthy and sound development of the debt market.
Originality/value
This paper provides theoretical support and empirical evidence for the impact of infrastructure construction on the information environment of the debt market in China, which enriches the research on the “high-speed railway economy.” In addition, as an exogenous event, the opening of high-speed railways instantly shortens the time distance between firms and external stakeholders, which gives us a natural environment to conduct empirical research, thus providing a new perspective for financial research on firms' geographical location.
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Kexin Zhang, Tianyu Qi, Dachao Li, Xingwei Xue and Zhimin Zhu
The paper aims to investigate effectiveness of the strengthening method, the construction process monitoring, fielding-load tests before and after strengthening, and health…
Abstract
Purpose
The paper aims to investigate effectiveness of the strengthening method, the construction process monitoring, fielding-load tests before and after strengthening, and health monitoring after reinforcement were carried out. The results of concrete strain and deflection show that the flexural strength and stiffness of the strengthened beam are improved.
Design/methodology/approach
This paper describes prestressed steel strand as a way to strengthen a 25-year-old continuous rigid frame bridge. High strength, low relaxation steel strand with high tensile strain and good corrosion resistance were used in this reinforcement. The construction process for strengthening with prestressed steel strand and steel plate was described. Ultimate bearing capacity of the bridge after strengthening was discussed based on finite element model.
Findings
The cumulative upward deflection of the second span the third span was 39.7 mm, which is basically consistent with the theoretical value, and the measured value is smaller than the theoretical value. The deflection value of the second span during data acquisition was −20 mm–10 mm, which does not exceed the maximum deflection value of live load, and the deflection of the bridge is in a safe state during normal use. Thus, this strengthened way with prestressed steel wire rope is feasible and effective.
Originality/value
This paper describes prestressed steel strand as a way to strengthen a 25-year-old continuous rigid frame bridge. To investigate effectiveness of the strengthening method, the construction process monitoring, fielding-load tests before and after strengthening and health monitoring after reinforcement were carried out.
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Lu (Monroe) Meng, Tongmao Li, Xin Huang and Shaobo (Kevin) Li
This paper aims to investigate the impacts of rumors' information characteristics on people's believing and spreading of rumors online.
Abstract
Purpose
This paper aims to investigate the impacts of rumors' information characteristics on people's believing and spreading of rumors online.
Design/methodology/approach
This study employed a mixed-methods approach by combining qualitative and quantitative methods. In study 1, the authors explored different types of rumors and their information source characteristics through qualitative research. In study 2, the authors utilized the findings from study 1 to develop an empirical model to verify the impact of these characteristics on the public's behaviors of believing and spreading rumors by content analysis and quantitative research.
Findings
The results show that five information source characteristics – credibility, professionalism, attractiveness, mystery and concreteness – influence the spreading effect of different types of rumors.
Research limitations/implications
This study contributes to rumor spreading research by deepening the theory of information source characteristics and adding to the emerging literature on the COVID-19 pandemic.
Practical implications
Insights from this research offer important practical implications for policymakers and online-platform operators by highlighting how to suppress the spread of rumors, particularly those associated with COVID-19.
Originality/value
This research introduces the theory of information source characteristics into the field of rumor spreading and adopts a mixed-methods approach, taking COVID-19 rumors as a typical case, which provides a unique perspective for a deeper understanding of rumor spreading's antecedences.
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Madjid Tavana and Vahid Hajipour
Expert systems are computer-based systems that mimic the logical processes of human experts or organizations to give advice in a specific domain of knowledge. Fuzzy expert systems…
Abstract
Purpose
Expert systems are computer-based systems that mimic the logical processes of human experts or organizations to give advice in a specific domain of knowledge. Fuzzy expert systems use fuzzy logic to handle uncertainties generated by imprecise, incomplete and/or vague information. The purpose of this paper is to present a comprehensive review of the methods and applications in fuzzy expert systems.
Design/methodology/approach
The authors have carefully reviewed 281 journal publications and 149 conference proceedings published over the past 37 years since 1982. The authors grouped the journal publications and conference proceedings separately accordingly to the methods, application domains, tools and inference systems.
Findings
The authors have synthesized the findings and proposed useful suggestions for future research directions. The authors show that the most common use of fuzzy expert systems is in the medical field.
Originality/value
Fuzzy logic can be used to manage uncertainty in expert systems and solve problems that cannot be solved effectively with conventional methods. In this study, the authors present a comprehensive review of the methods and applications in fuzzy expert systems which could be useful for practicing managers developing expert systems under uncertainty.