Zheng Xu, Yihai Fang, Nan Zheng and Hai L. Vu
With the aid of naturalistic simulations, this paper aims to investigate human behavior during manual and autonomous driving modes in complex scenarios.
Abstract
Purpose
With the aid of naturalistic simulations, this paper aims to investigate human behavior during manual and autonomous driving modes in complex scenarios.
Design/methodology/approach
The simulation environment is established by integrating virtual reality interface with a micro-simulation model. In the simulation, the vehicle autonomy is developed by a framework that integrates artificial neural networks and genetic algorithms. Human-subject experiments are carried, and participants are asked to virtually sit in the developed autonomous vehicle (AV) that allows for both human driving and autopilot functions within a mixed traffic environment.
Findings
Not surprisingly, the inconsistency is identified between two driving modes, in which the AV’s driving maneuver causes the cognitive bias and makes participants feel unsafe. Even though only a shallow portion of the cases that the AV ended up with an accident during the testing stage, participants still frequently intervened during the AV operation. On a similar note, even though the statistical results reflect that the AV drives under perceived high-risk conditions, rarely an actual crash can happen. This suggests that the classic safety surrogate measurement, e.g. time-to-collision, may require adjustment for the mixed traffic flow.
Research limitations/implications
Understanding the behavior of AVs and the behavioral difference between AVs and human drivers are important, where the developed platform is only the first effort to identify the critical scenarios where the AVs might fail to react.
Practical implications
This paper attempts to fill the existing research gap in preparing close-to-reality tools for AV experience and further understanding human behavior during high-level autonomous driving.
Social implications
This work aims to systematically analyze the inconsistency in driving patterns between manual and autopilot modes in various driving scenarios (i.e. multiple scenes and various traffic conditions) to facilitate user acceptance of AV technology.
Originality/value
A close-to-reality tool for AV experience and AV-related behavioral study. A systematic analysis in relation to the inconsistency in driving patterns between manual and autonomous driving. A foundation for identifying the critical scenarios where the AVs might fail to react.
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Jing Bai, Yuchang Zhang, Xiansheng Qin, Zhanxi Wang and Chen Zheng
The purpose of this paper is to present a visual detection approach to predict the poses of target objects placed in arbitrary positions before completing the corresponding tasks…
Abstract
Purpose
The purpose of this paper is to present a visual detection approach to predict the poses of target objects placed in arbitrary positions before completing the corresponding tasks in mobile robotic manufacturing systems.
Design/methodology/approach
A hybrid visual detection approach that combines monocular vision and laser ranging is proposed based on an eye-in-hand vision system. The laser displacement sensor is adopted to achieve normal alignment for an arbitrary plane and obtain depth information. The monocular camera measures the two-dimensional image information. In addition, a robot hand-eye relationship calibration method is presented in this paper.
Findings
First, a hybrid visual detection approach for mobile robotic manufacturing systems is proposed. This detection approach is based on an eye-in-hand vision system consisting of one monocular camera and three laser displacement sensors and it can achieve normal alignment for an arbitrary plane and spatial positioning of the workpiece. Second, based on this vision system, a robot hand-eye relationship calibration method is presented and it was successfully applied to a mobile robotic manufacturing system designed by the authors’ team. As a result, the relationship between the workpiece coordinate system and the end-effector coordinate system could be established accurately.
Practical implications
This approach can quickly and accurately establish the relationship between the coordinate system of the workpiece and that of the end-effector. The normal alignment accuracy of the hand-eye vision system was less than 0.5° and the spatial positioning accuracy could reach 0.5 mm.
Originality/value
This approach can achieve normal alignment for arbitrary planes and spatial positioning of the workpiece and it can quickly establish the pose relationship between the workpiece and end-effector coordinate systems. Moreover, the proposed approach can significantly improve the work efficiency, flexibility and intelligence of mobile robotic manufacturing systems.
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Bolin Gao, Kaiyuan Zheng, Fan Zhang, Ruiqi Su, Junying Zhang and Yimin Wu
Intelligent and connected vehicle technology is in the ascendant. High-level autonomous driving places more stringent requirements on the accuracy and reliability of environmental…
Abstract
Purpose
Intelligent and connected vehicle technology is in the ascendant. High-level autonomous driving places more stringent requirements on the accuracy and reliability of environmental perception. Existing research works on multitarget tracking based on multisensor fusion mostly focuses on the vehicle perspective, but limited by the principal defects of the vehicle sensor platform, it is difficult to comprehensively and accurately describe the surrounding environment information.
Design/methodology/approach
In this paper, a multitarget tracking method based on roadside multisensor fusion is proposed, including a multisensor fusion method based on measurement noise adaptive Kalman filtering, a global nearest neighbor data association method based on adaptive tracking gate, and a Track life cycle management method based on M/N logic rules.
Findings
Compared with fixed-size tracking gates, the adaptive tracking gates proposed in this paper can comprehensively improve the data association performance in the multitarget tracking process. Compared with single sensor measurement, the proposed method improves the position estimation accuracy by 13.5% and the velocity estimation accuracy by 22.2%. Compared with the control method, the proposed method improves the position estimation accuracy by 23.8% and the velocity estimation accuracy by 8.9%.
Originality/value
A multisensor fusion method with adaptive Kalman filtering of measurement noise is proposed to realize the adaptive adjustment of measurement noise. A global nearest neighbor data association method based on adaptive tracking gate is proposed to realize the adaptive adjustment of the tracking gate.
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Jing Huang, Jingxian Liu and Wensheng Yang
Inventory pledge financing (IPF) serves as an effective means to address the financial constraints faced by supply chains. This study develops an IPF system involving a bank, SMEs…
Abstract
Purpose
Inventory pledge financing (IPF) serves as an effective means to address the financial constraints faced by supply chains. This study develops an IPF system involving a bank, SMEs and a third-party logistics provider (3PL) to explore the impact of varying cost structures and regulatory environments, specifically the strategic interactions within IPF system before and after the blockchain implementation. Also, provides theoretical foundations for improving the overall efficiency of financing and advancing the application of blockchain technology.
Design/methodology/approach
An evolutionary game framework is employed to analyze the dynamics of financing behaviors before and after the blockchain implementation. Simulation methods are utilized to examine how different factors, including concealing costs, penalty structures and disposal prices, influence decision-making processes within IPF system.
Findings
Under IPF, the interactions of participants are shaped by asset management capabilities, reinvestment returns and penalties for fraud. As concealing costs increase, the likelihood of reaching a (loose regulation, compliant pledge) equilibrium rises. Post-blockchain implementation (IPFB), the equilibrium is influenced by default losses and compliance gains. Blockchain technology enhances regulation, effectively reducing fraud risks.
Originality/value
This study bridges significant gaps by offering a dynamic and behavioral perspective on IPF in the context of blockchain technology. Using an evolutionary game framework, the study uncovers how blockchain reshapes decision-making processes, mitigates fraud risks and enhances regulatory efficiency. By integrating cost structures and compliance incentives, it offers novel insights into behavioral shifts and systemic improvements in financing ecosystems.
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Honglei Yan, Suigen Yang and shengmin zhao
The purpose of this paper is to study the pricing efficiency of convertible bonds and arbitrage opportunities between the convertible bonds and the underlying stocks thus improve…
Abstract
Purpose
The purpose of this paper is to study the pricing efficiency of convertible bonds and arbitrage opportunities between the convertible bonds and the underlying stocks thus improve market efficiency.
Design/methodology/approach
Using nonparametric fixed effect panel data model, the authors build pricing model of convertible bonds and obtain fitted value for them. Then the authors constructs simultaneous confidence band for the smooth function to identify mispricing and study the pricing efficiency and arbitrage opportunities of convertible bonds.
Findings
Result shows, convertible bonds’ prices largely depend on stock prices. Pricing efficiency does not improve during the past few years as there are quite a few trading opportunities. Arbitrage opportunities increase as the stock prices approach it maxima, and selling opportunities for convertible bonds surpass buying opportunities which indicates that investors use market neutral strategies to arbitrage. Pricing efficiencies varies a lot and it is affected by the features of the stocks and convertible bonds. Index stocks eligible for margin trading with high liquidity enjoy higher pricing efficiency.
Research limitations/implications
The study does not take into account trading cost and risk management measures.
Practical/implications
Arbitrage between the underlying and the convertible bonds is profitable and contributes to pricing efficiency therefore should be encouraged. The regulator should pay attention to the extreme mispricing of the underlying and convertible bonds which cannot be corrected by the market as there might be manipulation.
Originality/value
Since traditional pricing methods are based on the framework of non-arbitrage equilibrium with the assumption of balanced and perfect market, there are many restrictions in the pricing process and the practical utility is somewhat limited, and the impractical assumptions lead to model risk. This study uses nonparametric regression to study the pricing of convertible bonds thus circumvents the problem of model risk. Simultaneous confidence band for smooth function identifies mispricing and explicitly reflects the variation of pricing efficiency as well as signalizes trading opportunities. Application of nonparametric regression and simultaneous confidence band in derivative pricing is advantageous in accuracy and simplicity.
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This study examines the extent to which educational outcomes are transmitted from mothers to daughters in rural China. An analysis of the 2010 China Family Panel Survey reveals…
Abstract
This study examines the extent to which educational outcomes are transmitted from mothers to daughters in rural China. An analysis of the 2010 China Family Panel Survey reveals that: (i) how far daughters go in their education is strongly associated with their mothers’ education; (ii) the association between mothers’ and daughters’ educational outcomes in rural China was found to be stronger than the corresponding relationships between mothers and sons, fathers and daughters, and fathers and sons, especially at higher levels of education; and (iii) while having more brothers and being born later worsens daughters’ educational outcomes, mothers’ higher education effectively mitigates these negative effects. These findings add to a growing body of literature and empirical evidence that challenges conventional social mobility research paradigms that neglect mothers’ roles. More importantly, the distinction between mother–daughter relationship and that between fathers and daughters and mothers and sons highlights the fact that education is likely transmitted intergenerationally via mechanisms that differ depending on the gendered parent–child pairs.
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Lisha He, Jianjing Zheng, Yao Zheng, Jianjun Chen, Xuan Zhou and Zhoufang Xiao
The purpose of this paper is to develop parallel algorithms for moving boundary simulations by local remeshing and compose them to a fully parallel simulation cycle for the…
Abstract
Purpose
The purpose of this paper is to develop parallel algorithms for moving boundary simulations by local remeshing and compose them to a fully parallel simulation cycle for the solution of problems with engineering interests.
Design/methodology/approach
The moving boundary problems are solved by unsteady flow computations coupled with six-degrees-of-freedom equations of rigid body motion. Parallel algorithms are developed for both computational fluid dynamics (CFD) solution and grid deformation steps. Meanwhile, a novel approach is developed for the parallelization of the local remeshing step. It inputs a distributed mesh after deformation, then marks low-quality elements to be deleted on the respective processors. After that, a parallel domain decomposition approach is used to repartition the hole mesh and then to redistribute the resulting sub-meshes onto all available processors. Then remesh individual sub-holes in parallel. Finally, the element redistribution is rebalanced.
Findings
If the CFD solver is parallelized while the remaining steps are executed in sequential, the performance bottleneck of such a simulation cycle is observed when the simulation of large-scale problem is executed. The developed parallel simulation cycle, in which all of time-consuming steps have been efficiently parallelized, could overcome these bottlenecks, in terms of both memory consumption and computing efficiency.
Originality/value
A fully parallel approach for moving boundary simulations by local remeshing is developed to solve large-scale problems. In the algorithm level, a novel parallel local remeshing algorithm is present. It repartitions distributed hole elements evenly onto all available processors and ensures the generation of a well-shaped inter-hole boundary always. Therefore, the subsequent remeshing step can fix the inter-hole boundary involves no communications.
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Social information is crucial to credit ratings and can improve the accuracy of the traditional credit assessment model. Drawing on the resource-based view (RBV) and social…
Abstract
Purpose
Social information is crucial to credit ratings and can improve the accuracy of the traditional credit assessment model. Drawing on the resource-based view (RBV) and social capital theory (SCT), this research explores the relationships between corporate social activities, network centrality and corporate credit behavior.
Design/methodology/approach
The authors used social network analysis (SNA) and regression analysis to analyze the data collected from 14,544 enterprises on the Alibaba platform.
Findings
The results indicate that among the four types of social activities, the number of corporate questions and posts shows a positive relationship with credit behavior; while the number of corporate comments has negative relationship with credit behavior. Further, degree and betweenness centralities mediate the relationship between the number of corporate questions, posts and comments with credit behavior.
Originality/value
This study contributes to the literature on non-financial factors (soft information) by exploring the social behavioral factors related to corporate credit. In addition, this study offers a new theoretical lens and reasonable explanations for investigating the relationship between corporate social activities, network centrality and credit behavior from the perspective of the resource-based view, while most studies are predictive and methodological. Moreover, this study provides new insights for platforms to evaluate enterprise credit and for managers to improve credit behavior.