通货膨胀时期的投资策略分析

目前,各个国家面临着不同程度的通贷膨胀.在此情况下,如何规避通货膨胀所带来的财富稀释是现阶段所有投资人追求的目标.本文从投资产品的价格出发给出了两阶段均值-方差投资问题的最优解.分析了交易费用、风险资产的期望回报率以及波动率对投资策略的影响.最后,我们依据实际算例分析为投资者提供指导,并且给出了政策建议.     

Mean–variance portfolio and contribution selection in stochastic pension funding

In this paper we study the problem of simultaneous minimization of risks, and maximization of the terminal value of expected funds assets in a stochastic defined benefit aggregated pension plan. The risks considered are the solvency risk, measured as the variance of the terminal fund’s level, and the contribution risk, in the form of a running cost associated to deviations from the evolution of the stochastic normal cost. The problem is formulated as a bi-objective stochastic problem of mean–variance and it is solved with dynamic programming techniques. We find the efficient frontier and we show that the optimal portfolio depends linearly on the supplementary cost of the fund, plus an additional term due to the random evolution of benefits.     

闪光照相CCD图像的自适应中值滤波方法

中值滤波是一种在去除噪声的同时能较好地保护图像边缘细节的非线性图像处理方法。为了滤除闪光照相CCD图像中的脉冲噪声，同时能更好地保护图像边缘，提出了一种改进的自适应中值滤波方法。该方法采用局部中值和局部方差作为判断噪声点的阈值，实现了局部自适应的中值滤波，克服了传统自适应中值滤波方法的缺点，对椒盐噪声和随机脉冲噪声均有较好的滤波效果。实验结果表明，该方法消除图像脉冲噪声十分有效，对闪光照相CCD图像的处理结果也较好。     

羊八井50m~2RPC地毯性能研究YBJ-ARGO合作组(英文)

利用羊八井５０ｍ２ＲＰＣ地毯（ＹＢＪ－ＡＲＧＯ实验原型）的测试数据对其性能进行了分析研究,包括原初粒子方位角分布、天顶角分布、地毯的角分辨、探测时间系统误差对方位角分布的正弦调制、探测时间系统误差的离线修正、几何不对称的小型地毯探测器上原初粒子到达方向重建误差造成的方位角分布的不均匀性等．     

Prospective study on observations of γ-ray sources in the Galaxy using the HADAR experiment

The High Altitude Detection of Astronomical Radiation (HADAR) experiment is a refracting terrestrial telescope array based on the atmospheric Cherenkov imaging technique. It focuses the Cherenkov light emitted by extensive air showers through a large aperture water-lens system for observing very-high-energy γ-rays and cosmic rays. With the advantages of a large field-of-view (FOV) and low energy threshold, the HADAR experiment operates in a large-scale sky scanning mode to observe galactic sources. This study presents the prospects of using the HADAR experiment for the sky survey of TeV γ-ray sources from TeVCat and provids a one-year survey of statistical significance. Results from the simulation show that a total of 23 galactic point sources, including five supernova remnant sources and superbubbles, four pulsar wind nebula sources, and 14 unidentified sources, were detected in the HADAR FOV with a significance greater than 5 standard deviations (σ). The statistical significance for the Crab Nebula during one year of operation reached 346.0 σ and the one-year integral sensitivity of HADAR above 1 TeV was ~1.3%–2.4% of the flux from the Crab Nebula.     

Radiophotolumenescence of Irradiated Polymethylmethacrylate Doped with Some Charge Transfer Complexes

Radiophotolumenescence (RPL) of irradiated and non irradiated thin films of polymethylmethacrylate (PMMA) doped with anthracene (Anth) as a donor, and tetracyanoquinodimethane (TCNQ) as an acceptor, has been investigated. The RPL – glow spectrum was recorded to study the characterizing emission bands from the point of view of glow peak position and intensity and hence the prospective relative sensitivities. RFL – signal fading after one month storage in dark at room temperature post gamma irradiation was also studied. PMMA doped with 6:4 donor to acceptor ratio has been proved to be the most sensitive one with less fading regarding gamma detection. On the other hand 2 Anth: 8 TCNQ was found to be the proper dopant concentration ratio for thermal neutron detection.     

The credit risk+ model with general sector correlations

We consider an enhancement of the credit risk⁺ model to incorporate correlations between sectors. We model the sector default rates as linear combinations of a common set of independent variables that represent macro-economic variables or risk factors. We also derive the formula for exact VaR contributions at the obligor level.     

Zur Methodik der Messung der Aktivität von umschlossenen γ-Strahlungsquellen mittels Ionisationskammern

In der Arbeit wird über eine Empfehlung zur Methodik der Weitergabe der Aktivitätseinheit für umschlossene γ-Strahlungsquellen von den Normalen der metrologischen Slaatsämter der UdSSR (WNIIM) und der DDR (ASMW) an Normale niederer Ordnung berichtet. Die Weitergabe der Aktivitätseinheit geschieht durch Vergleich mittels Ionisationskammern. Die Empfehlung bezieht sich auch auf solche Fälle, in denen neben dem Hauptnuklid ein Verunreinigungsnuklid in der Quelle enthalten ist, sowie auf solche, bei denen unterschiedlicher Aufbau der zu vergleichenden Quellen vorliegt. Auβerdem umfaβt die Empfehlung die Methode der Fehlerrechnung.     

基于主成分的改进雷达图及其在综合评价中的应用

本文从可视化角度出发,在总结传统可视化方法因优点与不足的基础上,将主成分分析、因子分析与雷达图结合,改进了传统的可视化方法。并将新的可视化方法引入到综合评价中,提出了一种基于雷达图面积的综合评价模型,实例验证该种方法切实有效。     

Misclassification rates,critical values and size of the design in measurement systems capability studies

Measurement systems capability analysis aims to test if the variability of a measurement system is small relative to the variability of a monitored process. At present some open questions are related both to the interpretation of the critical values of the indices typically used by practitioners to assess the capability of a gauge and to the choice of the size of the experimental design to test the repeatability and the reproducibility of the measurement process. In this paper, starting from the misclassification rates of a measurement system, we present a solution to these issues. Copyright © 2009 John Wiley & Sons, Ltd.