Based on the advance-retreat course model, a growth model under environmental pressure, this paper builds an economic growth model that focuses on the aggregation of capital and innovation with environmental pressure. Importantly, the paper presents methods for computing the optimal quantity of...

Based on the advance-retreat course model, a growth model under environmental pressure, this paper builds an economic growth model that focuses on the aggregation of capital and innovation with environmental pressure. Importantly, the paper presents methods for computing the optimal quantity of...

Based on the structure model of option pricing (Dai and Qin, 2005) and partial distribution (Dai, 2001), this paper designs a new kind of expression of futures price. It presents the structure pricing model for American futures options on underlying non-dividend-paying stocks, and provides three...

This paper focuses on money supply and economic growth under environmental pressure. Based on the Solow growth model, a formal advance-retreat course (ARC) model and nominal ARC model for money supply are constructed, the basic conditions for increasing money to promote output growth are...

Advance-Retreat Course (ARC) analysis is a theoretical analysis and method on socio- economic development. The main point of ARC is that any economic development behavior will face various pressure coming from environment, that is to say, human beings can actively devise and implement his own...

This paper suggests the Multivariate Partial Distribution (MPD) for the first time, and establishes the new kinds of models for pricing the group assets (MPGA) based MPD, in which the competition and complementarity in cost resources are analyzed, and the way of dividing an asset into two assets...

After the discussions to exponential and power model [F. Dai, 2005], this paper points out there are three kinds of basic modes in the macroeconomic process, i.e., the exponential, power and logarithm mode, and discusses the logarithm model of Development Power (DP). By the analysis on logarithm...