Search results

The purpose of this study is to determine distributional properties of the accumulated rate of interest when the instantaneous rate of interest evolves in terms of the Cox et al. (1985) square root process.

The law of iterated (or double) expectations is used to determine the mean and variance of the accumulated rate of interest on a cash management (or loan) account when interest accumulates at the instantaneous rates of interest implied by the square root process.

This study demonstrates how the accumulated rate of interest does not satisfy the strong mixing conditions necessary for convergence in distribution to the normal density function.

This study has strong educational value in determining distributional properties of the accumulated rate of interest when the instantaneous rate of interest evolves in terms of the Cox et al. (1985) square root process and demonstrating how the accumulated rate of interest does not satisfy the strong mixing conditions necessary for convergence in distribution to the normal density function.

This paper aims to investigate the modification of surface of a copper alloy by friction stir surface processing (FSSP).

The metallographic condition of the surface modification was observed using microscopy. Electrochemical corrosion tests were carried out on the modified surface and the corroded surface was observed by scanning electron microscopy (SEM).

The test results showed that FSSP resulted in refinement of the surface grains of the copper alloy. The degree of refinement was increased with rotation speed and increased in the descending distance of the stirring tool. The corrosion resistance of the modified surface was superior to the base metal except for the surface generated by a rotation speed of 800 rpm and a descending distance 0.1 mm. For the surface modification of the rotation speed of 800 rpm, its corrosion resistance was lower than for the other two rotation speeds. When the rotation speed is specified, the corrosion resistance is improved with increased descending distance. When the descending distance is specified, the corrosion resistance is improved with the rotation speed.

In this study, it was confirmed that the corrosion resistance of the surface modification was best at the rotation speed 1200 rpm and descending distance 0.2 mm.

Public hospitals in China usually rely on revenues from medical services and medications to compensate for major costs given their nonprofit nature. The lack of government subsidies and unreasonable prices of medical services have led to high medical costs and unbalanced reimbursement system for public hospitals. There is a critical need of research on improvement of reimbursement system that will create positive effect on China’s health-care system. This paper aims to focus on four dimensions of stakeholders (government, patients, medical insurance agencies and social organization) and six major expenditures to explore reimbursement scheme for public hospitals in China with the purpose of relieving unbalanced income and expenditure of hospitals, avoiding medication markups and reducing medical expenses from patients.

In this paper, the authors study reimbursement scheme for public hospitals from the perspective of four dimensions of stakeholders and how stakeholders reimburse six major expenditures of hospitals. A total of 128 effective samples were collected from financial data of 32 public hospitals through 2009-2012. This paper analyzes the econometric models of the selected revenue and expenditure. This paper analyzes the econometric models of the selected revenue and expenditure using linear regression. The linear relationship between each cost and different types of incomes (i.e. reimbursements from government, patients, insurance agencies and social organization) is analyzed before and after cancelling the medication markups.

Results from empirical research verify that government reimbursement is insufficient, and using medication markups to compensate for medical service costs has become a serious problem for China’s public hospitals. To avoid the medication markups and improve the reimbursement scheme, government should reimburse labor cost, fixed assets cost and research cost; patients and medical insurance agencies should reimburse the costs of medical service, medication and administration/operations; and social organization should supplement the fixed assets cost.

In this study, the authors defined and classified stakeholders of reimbursement scheme for public hospitals in China, which help understand the roles and effects that different stakeholders can play in compensation. Along with the proposed reimbursement scheme framework, this study will help make effective implementation of new health-care reform program in China.

In response to the complex external structure of high-precision aviation plugs, which makes it difficult to search outside the hole and adjust inside the hole during automated assembly. This paper aims to propose an assembly framework that combines multi-agent search and variable parameter compliant control to solve this problem.

First, a multi-agent search strategy (MAS) based on Gaussian Mixture Model and Deep Q-Network was proposed to optimize displacement direction and actions, thereby improving search speed and success rate. Then, a variable parameter admittance control method (RL-VPA) based on dual delay depth deterministic policy gradient (TD3) was proposed, which dynamically optimized the internal parameters of the admittance controller and adopted state space discretization to improve convergence speed and assembly efficiency.

Compared to spiral search and single-agent search, the average search success rate has improved by approximately 10% and 6.6%. Compared to fixed admittance control and other RL-based methods, the average assembly success rate has increased by approximately 38.6%, 22% and 8.6%. Compared with the training results of the model without state discretization, it was found that state discretization helps the model converge quickly. To verify the generalization ability of the assembly framework, experiments were conducted on three different pin counts of aviation plugs, the assembly success rate reached 86.7%, all of which showed good assembly results. Finally, combining state space discretization to reduce the impact of environmental noise, improve training effectiveness and convergence speed.

MAS has been proposed to optimize displacement direction and action, improving search speed and success rate. RL-VPA is designed to dynamically optimize the internal parameters of the admittance controller, enhancing the robustness and generalization ability of the model. Additionally, state space discretization is combined to improve training effectiveness and convergence speed.

The purpose of this paper is to explore the task design and assignment of full-text generation on mass Chinese historical archives (CHAs) by crowdsourcing, with special attention paid to how to best divide full-text generation tasks into smaller ones assigned to crowdsourced volunteers and to improve the digitization of mass CHAs and the data-oriented processing of the digital humanities.

This paper starts from the complexities of character recognition of mass CHAs, takes Sheng Xuanhuai archives crowdsourcing project of Shanghai Library as a case study, and makes use of the theories of archival science, including diplomatics of Chinese archival documents, and the historical approach of Chinese archival traditions as the theoretical basis and analysis methods. The results are generated through the comprehensive research.

This paper points out that volunteer tasks of full-text generation include transcription, punctuation, proofreading, metadata description, segmentation, and attribute annotation in digital humanities and provides a metadata element set for volunteers to use in creating or revising metadata descriptions and also provides an attribute tag set. The two sets can be used across the humanities to construct overall observations about texts and the archives of which they are a part. Along these lines, this paper presents significant insights for application in outlining the principles, methods, activities, and procedures of crowdsourced full-text generation for mass CHAs.

This study is the first to explore and identify the effective design and allocation of tasks for crowdsourced volunteers completing full-text generation on CHAs in digital humanities.

This study highlights the effect of an inductee's altruism on referral reward programs (RRPs) on an online shopping guide platform to determine the optimal RRP and referral reward allocation under a Cashback and Referral RRP.

The authors consider a Stackelberg game with a platform, seller, inductor and inductee, where the inductee's altruism plays a vital role in determining the optimal RRP in equilibrium.

The authors show that the conditions under which it is optimal to reward the inductor only or reward both inductor and inductee are equal or unequal depending on the degree of the inductee's altruism. Suppose the platform is unable to dynamically decide the commission fee. In that case, the platform may not always be involved in RRPs and will gradually reduce the rewards for inductees as the altruism increases.

This study focuses on a free-to-consumers model where sellers pay membership fees. Thus, this study has limitations regarding other pricing schemes such as a model in which consumers pay a fee while sellers do not or a model in which both types of users pay fees.

This analytical work can help platforms optimize referral reward strategies and referral reward allocation considering the influence of an inductee's altruism.

In a Cashback and Referral RRP on a shopping guide platform, the authors provide applicable conditions for the platform to involve in the RRPs when rewarding an equal bonus for the inductor and inductee first. Further, the authors show the optimal referral reward strategy and referral reward allocation when giving the different bonuses to the inductor and inductee.

A series of environmental pollution issues and economic improvement go hand in hand. Since financial listed companies contribute significantly to the national economic development, China has been paying increasing attention to the development of the financial industry. The purpose of this paper is to explore the relationship among the development level of the financial industry, over-investment of the listed companies and environmental pollution through a macro-level and micro-level mechanism.

In this study, we adopt the 2011–2017 panel data of listed companies in the manufacturing industry to study the impacts of the financial industry on environmental pollution. Meanwhile, the paper uses a mediator model, and over-investment is introduced to the econometric model as a mediator to explore whether the development of the financial industry can affect the environmental pollution through over-investment.

A U-shaped relationship between financial industry development and environmental pollution was observed through a macro-perspective; additionally, over-investment of the listed companies significantly increased environmental pollution, along with a significant mediator effect of over-investment. A significant positive correlation was observed between financial industry development and environmental pollution in the East region of China, while the correlation was negative in the Central and West regions. The mitigation effect of financial industry development on environmental pollution was more significant in the low-end manufacturing industry, compared with basic and high-end manufacturing industries.

Strengthening the incentives and supervision toward company managers, reducing over-investment behaviors, encouraging suitable financial industry development to reduce financial risks, improving environmental conservation laws and regulations, and implementing stringent penalty mechanisms for environmental conservation are necessary.

Internal leakage is one of the key factors that influence the super-low speed performance of continuous rotary electro-hydraulic servo motor. Therefore, this paper aims to study the change rule of internal leakage for improving the low speed performance of motor.

The mathematical models of internal leakage of continuous rotary electro-hydraulic servo motor were established, and according to the working principle of the motor, the 3D models of internal leakage location were established. Simulation analysis was implemented on the continuous rotary electro-hydraulic servo motor by the finite element analysis software ANSYS based on the fluid-structure interaction theory.

The results show the deformation of motor’s key parts and the changing rule of internal leakage. The effect of the leakage to the low speed performance of electro-hydraulic servo motor was analyzed, and at the same time, the motor’s leakage experiment was also conducted to verify the validity of simulation results.

This paper lays the foundation for improving the low speed performance of motor.

This paper aims to present a broad review of near-a titanium alloys for high-temperature applications.

Following a brief introduction of titanium (Ti) alloys, this paper considers the near-α group of Ti alloys, which are the most popular high-temperature Ti alloys developed for a high-temperature application, particularly in compressor disc and blades in aero-engines. The paper is relied on literature within the past decade to discuss phase stability and microstructural effect of alloying elements, plastic deformation and reinforcements used in the development of these alloys.

The near-a Ti alloys show high potential for high-temperature applications, and many researchers have explored the incorporation of TiC, TiB SiC, Y₂O₃, La₂O₃ and Al₂O₃ reinforcements for improved mechanical properties. Rolling, extrusion, forging and some severe plastic deformation (SPD) techniques, as well as heat treatment methods, have also been explored extensively. There is, however, a paucity of information on SiC, Y₂O₃ and carbon nanotube reinforcements and their combinations for improved mechanical properties. Information on some SPD techniques such as cyclic extrusion compression, multiaxial compression/forging and repeated corrugation and straightening for this class of alloys is also limited.

This paper provides a topical, technical insight into developments in near-a Ti alloys using literature from within the past decade. It also outlines the future developments of this class of Ti alloys.

This study aims to introduce an innovative framework for mining tourism reviews that not only excels in sentiment analysis accuracy but also prioritizes user-friendly design for enhanced usability.

Online reviews of China’s Five Sacred Mountains were analyzed using an integrated methodology. Sentiment analysis was performed using ChatGPT, bidirectional encoder representations from transformers (BERT) and convolutional neural networks, with ChatGPT demonstrating superior performance. Latent Dirichlet allocation extracted key attributes. Models including importance–performance analysis (IPA), asymmetric impact-performance analysis (AIPA) and importance–performance competitor analysis (IPCA) then synthesized findings.

The results demonstrate that ChatGPT outperforms both machine learning and lexicon-based models in sentiment recognition, exhibiting performance comparable to that of the BERT model. In the case study, integrating sentiment analysis outcomes with IPA reveals deficiencies in both topics and attributes. Moreover, the synergistic combination of IPA, AIPA and IPCA furnishes actionable recommendations for resource management and enables nuanced monitoring of sustainability attributes.

Leveraging this framework in conjunction with the ChatGPT platform for application development can bring practical convenience to the tourism industry. It supports sentiment analysis, topic categorization and opinion mining. Equipped with monitoring capabilities, it provides valuable insights for sustainable improvement, aiding managers in formulating effective marketing strategies.

This research develops a novel multimodel framework integrating various ML/DL techniques and business models in a synergistic way. It provides an innovative and highly accurate yet simple approach to tourism review mining and enhances accessibility of advanced artificial intelligence for sustainable tourism monitoring, addressing limitations of prior methods.

本研究旨在引入一种创新的框架, 用于挖掘旅游评论, 不仅在情感分析准确性方面表现出色, 而且还优先考虑用户友好设计, 以提升可用性。

本研究使用综合方法分析了中国五岳的在线评论, 使用ChatGPT进行情感分析。LDA提取了关键属性。然后, 包括IPA、AIPA和IPCA在内的模型综合了研究结果。

结果表明, ChatGPT在情感识别方面优于机器学习和基于词典的模型, 表现与BERT模型相当。在案例研究中, 将情感分析结果与IPA结合起来揭示了主题和属性的不足。此外, IPA、AIPA和IPCA的协同组合为资源管理提供了可行的建议, 并实现了对可持续属性的细致监控

结合ChatGPT平台在应用开发中利用该框架可以为旅游业带来实际便利。它支持情感分析、主题分类和意见挖掘。配备了监控功能, 为可持续改进提供了宝贵的见解, 帮助管理者制定有效的营销策略。

本研究开发了一种新颖的多模型框架, 将各种ML/DL技术和商业模型以协同方式整合在一起。它提供了一种创新而高度准确但简单的方法, 用于旅游评论挖掘, 并提升了高级AI的可访问性, 以实现可持续旅游监测。