A5102837803- Complex Systems and Time Series Analysis
- Financial Markets and Investment Strategies
- Economic theories and models
- Financial Risk and Volatility Modeling
- Market Dynamics and Volatility
- Housing Market and Economics
- Monetary Policy and Economic Impact
- Stochastic processes and financial applications
- Nonlinear Dynamics and Pattern Formation
- Stock Market Forecasting Methods
- Membrane Separation Technologies
- Auditing, Earnings Management, Governance
- Image Processing and 3D Reconstruction
- Advanced Mathematical Modeling in Engineering
- Risk Management in Financial Firms
- COVID-19 Pandemic Impacts
- Game Theory and Applications
- Solar-Powered Water Purification Methods
- Insurance, Mortality, Demography, Risk Management
- Bayesian Modeling and Causal Inference
- Big Data and Business Intelligence
- Corporate Finance and Governance
- Computability, Logic, AI Algorithms
- Insurance and Financial Risk Management
- Complex Systems and Decision Making
Sanya University
2024
Central University of Finance and Economics
2011-2023
Institute of Urban Environment
2020
Chinese Academy of Sciences
2020
Xiamen University of Technology
2020
University of Technology Sydney
2007-2020
CAS Key Laboratory of Urban Pollutant Conversion
2020
University of Chinese Academy of Sciences
2015-2020
Shanghai University
2017
Peking University
2008
A sponge-like biomass-derived hydrogel is constructed <italic>via</italic> a facile and scalable strategy, exhibits promising applications in solar-driven seawater desalination, zero-liquid discharge solute recovery.
This article presents a continuous-time model of exchange rates not only relying on macroeconomic factors but also having an investor heterogeneity component. The driving factor is the domestic–foreign interest rate differential, while described by expectations boundedly rational portfolio managers who use weighted average fundamentalists and chartists. Within this framework, different roles in determination are examined explicitly. We show that simple generates very complicated market...
Within the framework of heterogeneous agent paradigm, we establish a stochastic model speculative price dynamics involving two types agents, fundamentalists and chartists, market equilibria which can be characterised by invariant measures random dynamical system. By conducting bifurcation analysis, examine impact behaviour. We show that, when chartists use lagged trends to form their expectations, equilibrium unique stable measure activity speculators is below certain critical value. If this...
Within the framework of heterogeneous agent models, this paper analyzes impact factors on issuance an insurance-linked security (ILS), and gives ILS pricing formula conditions existence stability issue price. We consider two cases: fixed supply flexible supply. find that, in volume case, to assure successful ILS, appropriate is necessary, attract investors, should pay a positive premium which can help investors enhance efficient frontier their portfolio. In we show that price given by...
This paper presents a continuous-time model of exchange rates relying not only on macroeconomic factors but also having market microstructure component. The driving factor is the interest rate differential, while element described by expectations boundedly rational portfolio managers who use weighted average fundamentalists and chartists. Within this framework, different roles elements determination are examined explicitly. We show that simple generates very complicated behaviour, including...
We study a housing pricing model with heterogeneous agents including house buyers, investors and property developers. Each agent maximizes his own objective subject to financial constraints. Without in the market, equilibrium price is determined by cost demand. In contrast, if exist may persistently deviate from fundamental level demonstrate localization empirically documented real market. addition, trend followers have very strong extrapolation, then their behavior will bring market into...
When agents agree to disagree about the expected growth rate of aggregate endowment process, we study asset price dynamics under “Keeping up with Joneses” (KUJ) meaning that each agent maximizes life-time CRRA utility his relative consumption other in economy. By solving optimal policies analytically, obtain market equilibrium heterogeneous beliefs. We provide conditions for agents’ long-run survival and show risk, risk-free rate, price-dividend ratio are share weighted averages these...