Bid-ask spread is taken as an important measure of the financial market liquidity. In this article, we study the dynamics of the spread return and the spread volatility of four liquid stocks in the Chinese stock market, including the memory effect and the multifractal nature. By investigating...

Market confidence is essential for successful investing. By incorporating multi-market into the evolutionary minority game, we investigate the effects of investor beliefs on the evolution of collective behaviors and asset prices. When there exists another investment opportunity, market...

We investigate the probability distribution of the volatility return intervals $\tau$ for the Chinese stock market. We rescale both the probability distribution $P_{q}(\tau)$ and the volatility return intervals $\tau$ as $P_{q}(\tau)=1/\bar{\tau} f(\tau/\bar{\tau})$ to obtain a uniform scaling...

Based on the daily data of American and Chinese stock markets, the dynamic behavior of a financial network with static and dynamic thresholds is investigated. Compared with the static threshold, the dynamic threshold suppresses the large fluctuation induced by the cross-correlation of individual...

The asymmetric price impact between the institutional purchases and sales of 32 liquid stocks in Chinese stock markets in year 2003 is carefully studied. We analyze the price impact in both drawup and drawdown trends with consecutive positive and negative daily price changes, and test the...

By incorporating market impact and asymmetric sensitivity into the evolutionary minority game, we study the coevolutionary dynamics of stock prices and investment strategies in financial markets. Both the stock price movement and the investors' global behavior are found to be closely related to...

This paper explores the dynamics between the returns process of an index exchange traded fund (ETF) in a market subject to price movement or price limit constraints. Using the SSE 50ETF, which is comprised of the 50 largest companies by market capitalization listed on the Shanghai Stock Exchange...

The corrosion problem of liquid lead-bismuth eutectic alloy (LBE) on structural materials is one of the key material technologies that restrict the development of LBE cooling reactors. In this paper, two different Cr-Al coatings were synthesized by electroplating and multi-arc ion plating (MAIP)...

Ultrasound-triggered sonodynamic therapy has shown great promising for the treatment of tumors, however, only few clinical reports describe the use of sonodynamic therapy, which results from that the traditional sonosensitizers tend to suffer from very poor efficiency combined with low retention...

This thesis is focused on economic returns to education in China. It takes education as a key point to develop three aspects: earnings returns to education, the influence of education as one of the social-economic factors associated with the Body Mass Index (BMI) related to health, and the...