我国创业板企业内部人交易择时行为研究

利用深圳证券交易所2012年1月1日至2013年12月31日期间的创业板企业内部人的交易数据,从间接与直接两个角度考虑创业板企业的内部人交易与信息优势利用的关系.从间接角度来看,创业板企业的内部人卖出能够有效预测未来股票走势,来获取超额收益;而买入则不具有显著的择时能力,不能获取正的超额收益,这与主板企业具有相同特点;但其中创业板小额买入可取得长期收益,这与主板企业有所不同.从直接角度来看,创业板企业内部人在卖出中充分利用了估值判断优势,抓住高估值偏差的市场机会套现,这与主板企业的特点相同;而创业板企业的内部人买入交易决策与估值判断、业绩预测这两种信息优势利用的关系都不密切,这与主板企业的特点有所不同.     

Games of timing related to distribution of resources

The paper considers a class of zero-sum, two-person games which are related to distribution of resources. Each of the players is in possession of an amount of resource, to be distributed by him in the time interval [0, 1] according to an arbitrary measure. The payoff function is defined in such a manner that the games are a generalization of the so-called silent, nondiscrete duels. It is proven that these games have a value, and the optimal strategies for the players are found. The results of the paper bring to light new, essential elements, common to almost all games of timing on [0, 1].     

First-price winner-takes-all contests

We introduce a unifying model for contests with perfect discrimination and show that it can be used to model many well-known economic situations, such as auctions, Bertrand competition, politically contestable rents and transfers, tax competition and litigation problems. Furthermore, we hope that the generality of our model can be used to study models of contests in settings in which they have not been applied yet. Our main result is a classification of the set of Nash equilibria of first-price winner-takes-all contests with complete information. Finally, we discuss the implications of our results in each one of the specific models.     

延时法测量条纹相机μs档扫描非线性

为实现s档条纹相机扫描非线性标定,建立了基于延时可调信号源和外触发激光器的条纹相机s档扫描非线性标定系统,弥补了标准具法的不足。系统通过延时值的递增,得到条纹相机扫描速度在全扫程的变化。系统中时间关系抖动来源主要是测试设备延时抖动和条纹相机触发延时抖动。时间抖动测试与分析显示,条纹相机延时抖动0.6 ns,测试设备延时抖动0.3 ns,系统总时间抖动0.7 ns。系统时间抖动会造成最终时间轴信息的起伏。大量数值模拟分析表明,时间轴起伏对系统时间抖动的影响2 ns,在可以接受的范围内。因此,该系统能够胜任条纹相机s扫程时间信息的测量标定。     

毛细管黏度计自动检定/校准系统的研制

利用自动控温系统、测温电桥、自动计时系统和计算机控制平台组成一种毛细管黏度计自动检定/校准系统,该系统具有自动吸液、自动计时以及数据自动处理功能,可用于标准黏度液定值和毛细管黏度计检定/校准。     

Measurement of Timing Jitter in Wavelength Tunable Femtosecond Soliton Pulses

We investigated the root mean square (RMS) timing jitter and RMS intensity noise of the wavelength tunable femtosecond soliton pulses using the technique of radio-frequency spectrum analysis. We obtained interesting results that the generated solitons have almost constant RMS timing jitter and RMS intensity noise of approximately 410 fs and 0.03% in the wavelength region of 1600-1750 nm. It is therefore believed that the magnitudes of the jitter and noise are not greatly increased in the process of wavelength tunable soliton pulse generation. The wavelength tunable soliton pulse is confirmed to be stable and useful for practical applications.     

A position- and time-sensitive particle detector with subnanosecond time resolution

A microchannel plate/CCD-camera particle detector is described that utilises gold strips deposited upon the surface of a MCP to provide particle arrival time information. The uncertainty in the timing is assessed to be ∼500 ps (FWHM) for a measured time interval between adjacent strips. The main contribution of which is the result of the slow response time of the CFD compared to the signal. The application of timing measurement is shown to be of particular benefit in the accurate determination of product state branching ratios from the dissociative recombination of diatomic ions. Finally, the possibilities of such a detector are assessed. This revised version was published online in July 2006 with corrections to the Cover Date.     

基于CAN总线的高可靠成像控制系统设计

为了实现多套成像设备的智能化控制,设计了基于CAN总线的成像控制系统,并给出了设计中关键技术的解决方法;首先,给出了可靠性高的热备份CAN总线控制系统硬件设计原理;其次,介绍了基于FPGA的CAN总线协议芯片—SJA1000逻辑控制原理与方法;最后结合实际工程项目阐述了控制系统的工作过程;试验结果表明,该设计性能稳定、可靠性高,能够满足多台成像系统的智能化控制;设计理念和方法具有通用性,系统的可扩展性强。     

分布式无线地震数据采集同步技术研究

针对目前分布式无线地震数据采集中由于采集节点增多、无线传输延时等因素导致的各采集节点间数据采集同步精度不高的问题,研究并设计了一种针对分布式无线数据同步采集中各个节点同步授时以及对采集数据包进行精确时间标记的方案。采用GPS(Global Positioning System)授时技术对各个采集节点时钟进行授时,同时利用GPS精准的秒脉冲对本地压控晶振器频率误差进行实时修正。采用在地震采集数据包中加入精确的时间戳信息的方法,保证了各个节点间同步误差限制在0.1ms以内。即使在GPS失效的情况下,压控晶振器和计数器联合作用仍可保证各节点同步采集稳定工作6小时。     

High Quality Factor Q and Low Timing Jitter from MLLD Using Optical Injection

采用１０ＧＨｚ基准时钟光和１０Ｇｂｉｔ／ｓ的数据脉冲信号光注入到锁模激光二极管，降低了周期抖动，当注入功率为－５ｄＢｍ，在基准时钟光波长等于锁模激光二极管的光波长时，获得的最小抖动为０．２５ｐｓ，采用混合锁模激光二极管，在注入功率为＋２７ｄＢｍ时，其Ｑ值达３０００．