Combining the characteristics of BM direction distance function, non- radial DEA model and Luenberger productivity indicators, we develop a non-radial BML-DEA model to measure Environmental Performance. And by using the panel data of 30 provinces from 1997 to 2011 in China, we measure and...

利用ELECTRE II法对深圳水库流域2020年的九个污水处理方案进行了优选。从决策准则、候选方案、决策方法及方案排序四个方面做了分析。1)...

Combining the characteristics of GM direction distance function, non- radial DEA model and Luenberger productivity indicators, we develop a non-radial global DEA model to measure eco-performance of different regions. Using the data from 1995 to 2011 of 30 provinces, we have calculated the...

Taiwan Top 50 Tracker Fund (TTT) is the first Exchange Traded Fund (ETF) in Taiwan. This study investigates the impact of TTT on the liquidity of the constituent stocks. The empirical result coincides with the expectation of arbitrage hypothesis that the liquidity of the constituents is...

The restriction of short-sale prices, which stated that short-sale prices must not be lower than the closing price of the previous trading day, no longer applies to the constituent stocks of the Taiwan Top 50 Index. This study investigates the abnormal returns and volatility changes of those...

Chinese Abstract: CAPM 所在的资本市场是非完全的,并且是 一 个 Hilbert 空间,我们找出了该市场中 SDF 模仿支付的显式表达式。纯风险证券的局部均衡中,CAPM 公式成立,CAPM...

Chinese Abstract:...

Chinese Abstract:...