With the continuous development of society, the problem of the tourism also appears more outstanding. The article analyzed the relationship between ecotourism and recreation ecology on the basis of the understanding and researching, and put recreation ecology forward a deeper level of request....

While the concept of reflective roofing is not new to China, most Chinese cool roof research has taken place within the past decade. Some national and local Chinese building energy efficiency standards credit or recommend, but do not require, cool roofs or walls. EnergyPlus simulations of...

The present study investigates the determination of the aggregate supply of and demand for saw logs and pulpwood in Finland using annual data from 1965 to 1985. Raw material is purchased in competitive markets from private nonindustrial forest owners. The equilibrium assumptions seem to work...

This paper provides closed form lower and upper bounds for the price of European swaption on cross currency basis swap with the presence of dynamic basis spreads. Cross currency basis spreads are treated as integrals of spot spreads, approach familiar from interest rate models. The spot spread...

This paper derives a closed form formula for value at risk (VaR) and expected shortfall (ES) under a widely used Merton type multi-factor model for a credit portfolio with guaranteed loans.Typically used Monte Carlo simulations tend to converge slowly when the default probabilities are low and...