我国封闭式投资基金业绩评价实证研究

随着我国基金行业超常发展,恰当的分析和评价基金业绩已越来越重要。本文根据CAPM的基本原理,利用国外先进的基金业绩评价方法对我国封闭式基金的综合业绩进行实证研究。研究结果表明:总体来看,基金获得的市场超额收益显著为负。基金经理不具有证券选择能力,但具有一定的市场择时能力,但这两种能力均不显著。同时,我们还发现不同投资风格的基金经理具有不同的证券选择能力和市场择时能力。     

Tactical problems involving uncertain actions

The purpose of this paper is to solve anm-silent versusn-silent duel with arbitrary accuracy functionsP andQ which are continuously differentiable in [0, 1] with positive derivatives in (0, 1) and such thatP(0)=Q(0)=0,P(1)(0, 1),Q(1)(0, 1). The game can be interpreted as a game in which the players know only that the numbers of their actions have binomial distribution.Part of this paper was written during the author's stay at the Institute of Statistics and Mathematical Economics, University of Karlsruhe, FRG. The author wishes to thank Prof. S. Trybua, Technical University of Wrocaw, Poland, for helpful discussion in preparing the paper and Prof. D. Pallaschke, University of Karlsruhe, FRG, for help in preparing the numerical example.     

基于阿秒抖动光纤锁模激光器的时钟同步

光纤锁模激光器结构简单, 运转稳定, 且输出的超短脉冲序列具有极高的时钟稳定性, 在抽运探测、脉冲相干合成等要求高精度时钟同步的前沿领域有着广阔的应用前景. 本文通过激光器腔内的电光调制器进行反馈控制, 实现了两台光纤锁模激光器之间的紧密时钟信号同步; 并且通过平衡光学互相关方法, 对残余的时钟误差信号进行了测量, 分辨率达到了13 as. 通过优化激光器的腔内动力学过程及反馈环路的参数, 在[1 Hz, 10 MHz]的积分区间内得到了109 as的残余时钟误差, 对应单台激光器的平均时间抖动为77 as.     

QoS enhancement in OFDM based systems under transceiver impairments

Broadband wireless systems generally use orthogonal frequency division multiplexing (OFDM) with link adaptation (LA) to achieve high throughput while meeting bit error rate (BER) constraint. OFDM systems are known to be affected by non-linearity of high power amplifier (HPA) at transmitter, carrier frequency offset (CFO), symbol timing offset (STO) and channel estimation error at the receiver. The delay in feedback of channel state information (CSI) further affects the performance of LA procedures. The focus of this work is on performance analysis in presence of simultaneous affect of all these impairments on LA based OFDM systems. The results are found to be useful for threshold readjustment which is essential for successful implementation of LA scheme to counter the effects of change in operating conditions from ideal to as listed above.     

基于人体损伤的中低速正面碰撞气囊点火状态分析方法研究

为降低驾驶员在中低速碰撞下受到的损伤, 利用2010年版丰田Yaris整车模型建立100%正面刚性壁碰撞有限元模型, 并根据驾驶员舱布置及相关法规要求建立Madymo约束系统仿真模型, 以验证有限元模型的准确性. 利用建立的碰撞模型, 在中低速碰撞中对不同气囊点火状态下的驾驶员所受损伤进行仿真. 结果表明, 该车型在35 km●h^-1及以上车速时, 点爆气囊能有效减少驾驶员损伤; 30 km●h^-1及以下车速时, 气囊点火会对驾驶员造成额外伤害; 中低速碰撞下, 驾驶员的胸部损伤程度较头部更容易受气囊点火时间影响.     

Timing Jitter and Frequency Shift in Dispersion-Managed Soliton Systems with Raman Scattering Effect

We have studied the timing jitter in dispersion-managed soliton systems with a Gaussian pulse by two methods. Firstly, the timing jitter expressions for dispersion-managed soliton are derived by use of the perturbed variational method. By analyzing and simulating the timing jitter expressions, one can find that the timing jitter is induced by the amplifier spontaneous emission noise, the frequency shift, etc. The chirp sign, the soliton self-frequency shift, and the filters action also have effects on the timing jitter. Secondly, the timing jitter is calculated and analyzed by the moment method. The results of the two methods are proved to be consistent.     

Interorganellar DNA transfer in wheat: dynamics and phylogenetic origin

A homology search of wheat chloroplast (ct) and mitochondrial (mt) genomes identified 54 ctDNA segments that have homology with 66 mtDNA segments. The mtDNA segments were classified according to their origin: orthologs (prokaryotic origin), xenologs (interorganellar DNA transfer origin) and paralogs (intraorganellar DNA amplification origin). The 66 mtDNA sequences with homology to ctDNA segments included 14 paralogs, 18 orthologs and 34 xenologs. Analysis of the xenologs indicated that the DNA transfer occurred unidirectionally from the ct genome to the mt genome. The evolutionary timing of each interorganellar DNA transfer that generated a xenolog was estimated. This analysis showed that 2 xenologs originated early in green plant evolution, 4 in angiosperm evolution, 3 in monocotyledon evolution, 9 during cereal diversification and 8 in the evolution of wheat. Six other xenologs showed recurrent transfer from the ct to mt genomes in more than one taxon. The two remaining xenologs were uninformative on the evolutionary timing of their transfer. The wheat mt nad9 gene was found to be chimeric, consisting of the cereal nad9 gene and its 291 bp 5'-flanking region that included a 58 bp xenolog of the ct-ndhC origin.     

Timing and eco(nomic) efficiency of climate-friendly investments in supply chains

Emission trading schemes such as the European Union Emissions Trading System (EUETS) attempt to reconcile economic efficiency with ecological efficiency by creating financial incentives for companies to invest in climate-friendly innovations. Using real options methodology, we demonstrate that under uncertainty, economic and ecological efficiency continue to be mutually exclusive. This problem is even worse if a climate-friendly project depends on investing in of a whole supply chain. We model a sequential bargaining game in a supply chain where the parties negotiate over implementation of a carbon dioxide (CO₂) saving investment project. We show that the outcome of their bargaining is not economically efficient and even less ecologically efficient. Furthermore, we show that a supply chain becomes less economically efficient and less ecologically efficient with every additional chain link. Finally, we make recommendations for how managers or politicians can improve the situation and thereby increase economic as well as ecological efficiency and thus also the eco-efficiency of supply chains.     

北京大学高平均流强光阴极电子枪驱动激光系统

DC-SC超导光阴极注入器将直流光阴极电子枪和超导加速腔结合在一起,其特点之一是适合于提供高平均流强电子束.文中介绍了直流光阴极电子枪的驱动激光系统的研制.该驱动激光系统的主机为瑞士TBP公司的GE-100-XHP型激光器,是采用可饱和吸收镜技术的被动锁模激光器,其工作晶体为Nd:YVO₄,输出波长为1064nm,脉冲重复频率为81.25MHz,平均功率10W.该驱动激光系统配套的CLX-1100同步控制器可以将激光脉冲与射频参考信号严格锁定,随机抖动不大于1ps.根据使用要求,作者研制了高效的激光倍频器,获得了大于1W的266nm紫外激光.同时,激光到光阴极的传输设计中,采用了傅立叶光学技术,在紫外激光功率650mW左右的条件下,从自行研制的Cs₂Te光阴极上实现了大于500μA的光电流引出