This dissertation addresses three important business and policy related issues regarding financial theories and their application in different markets. Chapter one extends option-pricing theory to value alternative asset-securitization structures. By decomposing each structure into fixed income...

The 1998 failure of Long-Term Capital Management (‘LTCM’), a very large and prominent Greenwich, Connecticut based hedge fund, is said to have nearly brought down the world financial system. Over the years, few financial debacles such as LTCM, have been so often written about or discussed...

This paper examines the effects of county-level urbanization and natural amenities on subjective well-being (SWB) in the U.S. SWB is measured using individual-level data from the Behavioral Risk Factor Surveillance System (BRFSS) which asks respondents to rate their overall life satisfaction....

The phenomenon of data loss always occurs in the analysis of large databases. Maintaining the stability of analysis results in the event of data loss is very important. In this paper, we used a segmentation approach to generate a synthetic signal that is randomly wiped from data according to the...

In this paper, we present a cost-sharing scheme for the concave facility location game by exploring the concavity structure. We show that it is cross-monotonic and competitive, and recovers 1/3 fraction of the total cost. Copyright Springer Science+Business Media, LLC. 2013

We elaborate support system of edible fungus industry from outlook on ecological economic development, legislation and standardization of variety approval, multiple-function innovation platform of industrial development research, and perfect talent cultivation and education system. Besides, we...

Experiments were carried out in a multi-path air inlet one-dimensional furnace to assess NOx emission characteristics of the staged combustion of BRXL lignite and its dried coals. The impact of moisture content, multiple air staging, pulverized coal fineness and burnout air position on NOx...

Optimal utilization of available water resources has become more urgent due to the rapid growth of the economy and population. The joint operation of the Three Gorges cascade and Qingjiang cascade reservoirs in China was studied in this paper. Choosing maximization of hydropower generation and...

Reservoirs are among the most effective tools for integrated water resources development and management. The dynamic control of reservoir flood limiting water level (FLWL) is a valuable and effective method to compromise the flood control and conservation for reservoir operation during the flood...