简介:Thepostalsavingslatelyopenedhasmadegreatprogress.Butwhatistheoriginaladvantageofthepostalsavings?Inthelastfewyears,manyexpertshaveconsideredthattheadvantageliesinthelargemumberofpostaloffices.Thispaperproposesanewviewpoint-thePostalIndividualFinance(PIF)anddiscussitscharacteristics.Then,we'sssetupanddescribetheabstractmodelsofPIF.Finally,we'llpointouttheinfluenceofPIFonthestructureofpersonalinvestmentandflowofthenationalcurrency.
简介:Inthispaper,aquantummodelforthebinomialmarketinfinanceisproposed.Weshowthatitsrisk-neutralworldexhibitsanintriguingstructureasadiskintheunitballofR^3,whoseradiusisafunctionoftherisk-freeinterestratewithtwothresholdswhichpreventarbitrageopportunitiesfromthisquantummarket.Furthermore,fromthequantummechanicalpointofviewwere-deducetheCox-Ross-RubinsteinbinomialoptionpricingformulabyconsideringMaxwell-BoltzmannstatisticsofthesystemofNdistinguishableparticles.
简介:Optimisingbothqualitativeandquantitativefactorsisakeychallengeinsolvingconstructionfinancedecisions.Thesemi-structurednatureofconstructionfinanceoptimisationproblemsprecludesconventionaloptimisationtechniques.Withadesiretoimprovetheperformanceofthecanonicalgeneticalgorithm(CCA)whichischaracterisedbystaticcrossoverandmutationprobability,andtoprovidecontractorswithaprofit-risktrade-offcurveandcashflowprediction,anadaptivegeneticalgorithm(AGA)modelisdeveloped.TenprojectsbeingundertakenbyamajorconstructionfirminHongKongwereusedascasestudiestoevaluatetheperformanceofthegeneticalgorithm(CA).TheresultsofcasestudyrevealthattheACAoutperformedtheCGAbothintermsofitsqualityofsolutionsandthecomputationaltimerequiredforacertainlevelofaccuracy.TheresultsalsoindicatethatthereisapotentialforusingtheGAformodellingfinancialdecisionsshouldbothquantitativeandqualitativefactorsbeoptimisedsimultaneously.
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简介:Basedonthemathematicalmodelofakindofcomplicatedfinancialsystem,allpossiblethingsthatthemodelshowsintheoperationofourcountry'smacro-financialsystemwereanalyzed,suchasbalance,stableperiodic,fractal,Hopf-bifurcation,therelationshipbetweenparametersandHopf-bifurcations,andchaoticmotionetc.Bythechangesofparametersofalleconomicmeanings,theconditionsonwhichthecomplicatedbehaviorsoccurinsuchafinancialsystem,andtheinfluenceoftheadjustmentofthemacro-economicpoliciesandadjustmentofsomeparameteronthewholefinancialsystembehaviorwereanalyzed.Thisstudywilldeepenpeople'sunderstandingoftheleverfunctionofallkindsoffinancialpolicies.
简介:<正>People’sGovernmentoftheprovinces,autonomousregionsandmunicipalitiesdirectlyunderthecentralgovernment,alltheministries,commissionsandagenciesundertheStateCouncil:TheOpinionsoftheNationalPopulationandFamilyPlanningCommissionandMinistryofFinanceonLaunchingaPilotProjectforRewardingandAssistingCertainRuralHouseholdsThatHavePracticedFamilyPlanninghasbeenapprovedbytheStateCouncilandisherebyforwardedtoyouforearnestimplementation.