With social economic reform in the past decades, the power industry of China is gradually evolving from a highly integrated one toward an electricity market, which can be characterized based on the transition of the power dispatch principle. To attract investment in the power generating...

We propose a new class of risk measures which satisfy convexity and monotonicity, two well-accepted axioms a reasonable and realistic risk measure should satisfy. Through a nonlinear weight function, the new measure can flexibly reflect the investor's degree of risk aversion, and can control the...

While the relationship between oil prices and stock markets is of great interest to economists, previous studies do not differentiate oil-exporting countries from oil-importing countries when they investigate the effects of oil price shocks on stock market returns. In this paper, we address this...

Based on analysis of geographical and location advantages of Qiaocheng District, we discussed characteristics of land utilization and local industry. In accordance with these characteristics, it is proposed to explore potential of farming land, speed up transfer of farming land in Qiaocheng...