This paper investigates the impact of seventeen US macroeconomic announcements on two broad and representative commodity futures indices. Based on a large sample from 1989 to 2005, we show that the daily price response of the CRB and GSCI commodity futures indices to macroeconomic news is...

This paper is concerned with the robust stability analysis problem for uncertain stochastic neural networks with time-varying delay. The parameter uncertainties are assumed to be norm bounded. By defining a new Lyapunov–Krasovskii functional, the restrictions such as the time-varying delay was...

We use a generalized birth--death stochastic process to model the high-frequency dynamics of the limit order book, and illustrate it using parameters estimated from Level II data for a stock on the London Stock Exchange. A new feature of this model is that limit orders are allowed to arrive in...

This paper analyzes the technical, economic, and environmental characteristics of different pathways for supplying hydrogen to vehicles in China. A life-cycle accounting of “well-to-tank” hydrogen delivery for 11 different infrastructure pathways reveals different relative economic costs and...

The edge heterogeneity has a remarkable influence on disease spreading, but it has seldom been considered in the disease-controlling policies. Based on the gravity model, we propose the edge importance index to describe the influence of edge heterogeneity on immunization strategies. Then the...

This paper addresses the problem of finding optimal paths in a network where all link travel times are stochastic and time-dependent, and correlated over time and space. A disutility function of travel time is defined to evaluate the paths, and those with the minimum expected disutility are...

Based on the revision of the Methods for Urban Plan Formulation and the Technical Guidelines of Environmental Impact Assessment for Urban Master Plan (in draft), this paper proposes a management framework for Strategic Environmental Assessment (SEA) of Urban Plans. In this context, the urban...