Heston模型下的欧式一篮子期权定价

本文在Heston模型下,对资产的波动率满足CIR的模型的欧式一篮子期权定价进行研究,得到一篮子看涨期权的定价公式.     

Determination of polybrominated diphenyl ethers in fish tissues by matrix solid-phase dispersion and gas chromatography coupled to triple quadrupole mass spectrometry: Case study on European eel (Anguilla anguilla) from Mediterranean coastal lagoons

This paper describes the development and validation of an analytical methodology to determine 28 polybrominated diphenyl ethers (PBDEs) in European eel (Anguilla anguilla) tissues using matrix solid-phase dispersion (MSPD) and gas chromatography coupled to triple quadrupole mass spectrometry (GC-QQQ-MS/MS). A total of 28 PBDEs were targeted, including tri- to deca-brominated congeners.The robustness and effectiveness of the proposed sample preparation procedure was demonstrated in lipid-rich eel tissues. The use of batch MSPD with activated silica gel and H₂SO₄-impregnated silica gel, followed by H₂SO₄ digestion and multilayer cartridge clean-up allowed for complete lipid removal and eliminated matrix effects during GC-QQQ-MS/MS analysis. The average PBDE recoveries from eel muscle samples spiked with PBDEs at two levels were in the range 56.2-119.0%. Precision was satisfactory since relative standard deviations were lower than 19.6%, regardless of spike level, and method quantification limits ranged between 1 and 170 pg g⁻¹ (wet weight).The method demonstrated its successful application for the analysis of eel samples from two coastal lagoons located on the western French Mediterranean coast. All samples tested positive, but for tri- to hexa-brominated congeners only and total PBDE levels observed in this study were in the range 0.08-1.80 ng g⁻¹ wet weight.     

Robust spectral method for numerical valuation of european options under Merton's jump‐diffusion model

We propose a novel numerical method based on rational spectral collocation and Clenshaw–Curtis quadrature methods together with the “” transformation for pricing European vanilla and butterfly spread options under Merton's jump‐diffusion model. Under certain assumptions, such model leads to a partial integro‐differential equation (PIDE). The differential and integral parts of the PIDE are approximated by the rational spectral collocation and the Clenshaw–Curtis quadrature methods, respectively. The application of spectral collocation method to the PIDE leads to a system of ordinary differential equations, which is solved using the implicit–explicit predictor–corrector (IMEX‐PC) schemes in which the diffusion term is integrated implicitly, whereas the convolution integral, reaction, advection terms are integrated explicitly. Numerical experiments illustrate that our approach is highly accurate and efficient for pricing financial options.Copyright © 2014 Wiley Periodicals, Inc. Numer Methods Partial Differential Eq 30: 1169–1188, 2014     

风险投资对欧洲经济的影响

简要介绍了风险投资对欧洲经济的影响，主要体现在：为高新技术企业提供资金，参与受资企业的经营管理，调整产业结构，促进就业，为企业的资本运营提供资金，推进高新技术企业上市。     

杜鲁门政府对东欧政策与“南斯拉夫差别”

杜鲁门时期,美国对东欧国家实施了遏制政策,1948年苏南冲突公开化后,为了分化瓦解苏东集团,对南斯拉夫制定与实施了不同于其他东欧国家的差别政策。美国强行对苏东国家航空方面管制,但南斯拉夫例外;美国利用南斯拉夫分裂苏东关系,在东欧国家内培育第二个铁托政权;美国对苏东国家实行贸易管制,但对南斯拉夫不仅放松出口管制,而且在经济与军事上援助南斯拉夫。     

论欧盟反规避立法的最新发展

反规避是反倾销中出现的新问题。本文对欧盟反规避立法的最新发展作了分析，指出它虽然是依ＧＡＴＴ对“改锥案”的裁决修改而成的，但其贸易保护主义色彩仍很浓厚。这一发展变化，对我国的对外经贸及投资活动产生一定的影响。     

Certification of the mass fractions of Pt, Pd and Rh in a used car catalyst reference material

The high economic value of catalysts containing the platinum group elements platinum, rhodium and palladium as active components causes the need to be able to measure the precious metal loading with small uncertainty and to have suitable certified reference materials fulfilling high demands on the quality of the certified values. In European Reference Material ERM^®-EB504, a used cordierite-based car catalyst material, mass fractions of platinum, palladium and rhodium were certified. The raw material was milled, homogenised and annealed before analysis. Seventeen laboratories experienced in precious metals analysis participated in the certification interlaboratory comparison, most of them analysing with inductively coupled plasma optical emission spectrometry using different sample pretreatment techniques. Homogeneity testing was carried out using X-ray fluorescence spectrometry. The certified mass fractions of Pt, Pd and Rh and their expanded uncertainties (k = 2) in ERM^®-EB504 are (1777 ± 15), (279 ± 6) and (338 ± 4) mg/kg respectively.     

Infinite-Dimensional Black-Scholes Equation with Hereditary Structure

This paper considers the option pricing problem for contingent claims of the European type in a (B,S)-market in which the stock price and the asset in the riskless bank account both have hereditary structures. The Black-Scholes equation for the classical option pricing problem is generalized to an infinite-dimensional equation to include the effects of time delay in the evolution of the financial market as well as a very general payoff function. A computational algorithm for the solution is also obtained via a double sequence of polynomials of a certain bounded linear functional on a Banach space and the time variable.     

离散时间不完全金融市场中未定权益的定价

对一类连续时间不完全市场（其中的股票价格由Brown运动驱动），ElKarouiandQuenez[1]讨论了一般的不可达未定权益的定价问题．本文利用FollmerandKabanov[2]建立的分解定理，证明[1]中关于买方与卖方价格过程的结果与方法适用于一般的离散时间不完全金融市场（定理1）．特别，关于买方与卖方价格我们给出另一种合理的解释（定理3）．     

关于建设高素质干部队伍的若干思考

建设高素质干部队伍，对于推进党的建设这个伟大工程，尤其是加强和改善党的作风建设具有很强的现实意义和历史意义，本从高素质干部队伍的内涵，为什么要建设高素质干部队伍和怎样建设高素质干部队伍，加快培养和选拔优秀年轻干部，认真做地干部培养选择任用工作等方面，理论联系实际地进行了较为深刻的阐述。