解析对冲基金经理人的收费最大化问题

由于近年来对冲基金发展迅速,对冲基金经理人收费最大化问题也成为学者关注的焦点。文中将研究对冲基金经理人价值最大化的2篇文章作对比,其次考虑在只收取激励费和高水位线有增长率的情况下,分析对冲基金经理人的价值最大化问题。     

信息技术下大学物理实验“三步骤”教学探讨

信息技术的快速发展使实验教学过程的改变成为可能,针对实验教学中的两个薄弱环节,我们将CAI实验教学课件、计算机网络技术、以及传统的实验教学手段结合在一起,对普通物理实验教学过程进行了改革.实施过程主要分为以下3个步骤:1) 使用CAI课件对实验原理的难点进行动态分析;2) 学生利用计算机进行交互模拟实验操作;3) 进行真实实验--更注重解决问题能力的培养和提高.     

Using the Semantic Information G Measure to Explain and Extend Rate-Distortion Functions and Maximum Entropy Distributions

In the rate-distortion function and the Maximum Entropy (ME) method, Minimum Mutual Information (MMI) distributions and ME distributions are expressed by Bayes-like formulas, including Negative Exponential Functions (NEFs) and partition functions. Why do these non-probability functions exist in Bayes-like formulas? On the other hand, the rate-distortion function has three disadvantages: (1) the distortion function is subjectively defined; (2) the definition of the distortion function between instances and labels is often difficult; (3) it cannot be used for data compression according to the labels’ semantic meanings. The author has proposed using the semantic information G measure with both statistical probability and logical probability before. We can now explain NEFs as truth functions, partition functions as logical probabilities, Bayes-like formulas as semantic Bayes’ formulas, MMI as Semantic Mutual Information (SMI), and ME as extreme ME minus SMI. In overcoming the above disadvantages, this paper sets up the relationship between truth functions and distortion functions, obtains truth functions from samples by machine learning, and constructs constraint conditions with truth functions to extend rate-distortion functions. Two examples are used to help readers understand the MMI iteration and to support the theoretical results. Using truth functions and the semantic information G measure, we can combine machine learning and data compression, including semantic compression. We need further studies to explore general data compression and recovery, according to the semantic meaning.     

Estimating Phase Amplitude Coupling between Neural Oscillations Based on Permutation and Entropy

Cross-frequency phase–amplitude coupling (PAC) plays an important role in neuronal oscillations network, reflecting the interaction between the phase of low-frequency oscillation (LFO) and amplitude of the high-frequency oscillations (HFO). Thus, we applied four methods based on permutation analysis to measure PAC, including multiscale permutation mutual information (MPMI), permutation conditional mutual information (PCMI), symbolic joint entropy (SJE), and weighted-permutation mutual information (WPMI). To verify the ability of these four algorithms, a performance test including the effects of coupling strength, signal-to-noise ratios (SNRs), and data length was evaluated by using simulation data. It was shown that the performance of SJE was similar to that of other approaches when measuring PAC strength, but the computational efficiency of SJE was the highest among all these four methods. Moreover, SJE can also accurately identify the PAC frequency range under the interference of spike noise. All in all, the results demonstrate that SJE is better for evaluating PAC between neural oscillations.     

脉冲激光入射下介质薄膜双频互相关散射截面及功率展宽

 结合特殊的镀金聚酯薄膜表面的粗糙度和半球反射率,依据基尔霍夫近似及粗糙面脉冲散射互相关函数,数值计算了脉冲激光（1.06 μm）在不同入射角照射下该材料薄膜双频互相关散射截面随相干带宽频差和散射角的变化情况。并给出δ脉冲和高斯脉冲波入射下,其散射功率随时间和散射角的波形分布。计算结果表明：该薄膜材料激光双频互相关散射截面在镜反射方向有最大的散射峰值,在非镜反射方向上,其散射值随相干带宽频差的增大迅速减小,当窄脉冲垂直入射时,粗糙面散射功率展宽现象明显。     

Extraction chromatographic separation of platinum(IV) from real samples and associated elements

 The extraction behavior of platinum(IV) was studied with N-n-octylaniline as a function of different parameters, such as pH, concentrations of weak acids, mineral acids, reagents and elution time. A selective method was developed for the extraction chromatographic studies of platinum(IV) and its separation from several metal ions with N-n-octylaniline (liquid anion exchanger) as a stationary phase on silica gel. The quantitative extraction of platinum(IV) was observed with 0.067 mol/L N-n-octylaniline and 0.015 mol/L ascorbic acid at pH 1.0. Metal ion was stripped from the column with water and determined spectrophotometrically with stannous chloride method. The proposed method is free from the interference of a large number of cations and anions. Platinum(IV) was separated from pharmaceutical preparations, alloys and synthetic mixtures. Mutual separation scheme was developed for platinum(IV), palladium(II) and gold(III). The log-log plot of N-n-octylaniline concentration versus the distribution ratio indicates that the probable extracted species is ［RR′NH+2 ］· Pt(C6H7O6)－3.     

考虑互耦的半波振子线阵辐射和散射方向图综合

对于半波振子阵列天线,可用感应电动势法算得其阻抗矩阵,依据等效电路原理计入单元间的互耦计算辐射场.将其推广至考虑互耦的散射场计算,基于此辐射场和散射场的计算公式,提出一种考虑互耦同时综合半波振子阵列天线辐射和散射方向图的新方法.运用粒子群优化算法,通过优化振子的间距,同时综合指定辐射和散射方向图.运用该方法,通过对中心工作频率处的辐射和散射特性以及在威胁角度给定频带内的散射特性优化,有效降低半波振子阵在中心工作频率处的辐射和散射方向图的副瓣电平,并减小其在威胁角度给定频带内的雷达散射截面.计算结果与FEKO仿真结果吻合良好,验证方法的正确性.     

投资者情绪对基金羊群效应的影响研究

大量研究表明我国证券投资基金存在羊群效应,然而却很少对影响基金羊群效应的因素展开进一步的实证研究。基于此,本文利用主成分分析法测量投资者情绪,利用前十大流通股东中证券投资基金的家数来测量基金羊群效应的程度,研究投资者情绪指标是否对基金羊群效应产生影响。研究结果表明,投资者情绪是证券投资基金形成羊群效应的重要因素之一,基金经理在观察到上一期投资者悲观情绪(乐观情绪)时会做出负反馈策略。     

基金风险改变了投资者的业绩敏感程度吗？——基于基金业绩波动与资金净流量关系的实证研究

本文利用我国2005年至2011年期间开放式基金的面板数据,研究了基金业绩波动对投资者业绩敏感程度的影响。在验证了基金资金净流量与基金业绩的正相关关系后,实证研究发现:(1)基金业绩波动降低了投资者对基金业绩的敏感程度:基金业绩波动越大,相同业绩提升带来的资金净流量越少;(2)对于不同业绩类型的基金,业绩波动对基金“业绩—资金净流量”关系的反向影响程度也有所不同:这一影响主要体现在绩劣基金中,中等业绩基金次之,在明星基金中反而体现为正向影响。     

Electromagnetic coupling reduction in dual-band microstrip antenna array using ultra-compact single-negative electric metamaterials for MIMO application

In this paper, an ultra-compact single negative(SNG) electric waveguided metamaterial(WG-MTM) is first investigated and used to reduce the mutual coupling in E H planes of a dual-band microstrip antenna array. The proposed SNG electric WG-MTM unit cell is designed by etching two different symmetrical spiral lines on the ground, and has two stopbands operating at 1.86 GHz and 2.40 GHz. The circuit size is very compact, which is only λ_0/33.6 ×λ_0/15.1(where λ_0 is the wavelength at 1.86 GHz in free space). Taking advantage of the dual-stopband property of the proposed SNG electric WG-MTM, a dual-band microstrip antenna array operating at 1.86 GHz and 2.40 GHz with very low mutual coupling is designed by embedding a cross shaped array of the proposed SNG electric WG-MTM. The measured and simulated results of the designed dual-band antenna array are in good agreement with each other, indicating that the mutual coupling of the fabricated dual-band antenna array realizes 9.8/11.1 d B reductions in the H plane, 8.5/7.9 d B reductions in the E plane at1.86 GHz and 2.40 GHz, respectively. Besides, the distance of the antenna elements in the array is only 0.35 λ_0(where λ_0 is the wavelength at 1.86 GHz in free space). The proposed strategy is used for the first time to reduce the mutual coupling in E H planes of the dual-band microstrip antenna array by using ultra-compact SNG electric WG-MTM.