supported by Major Program of the National Social Science Foundation of China under Grant No.15ZDB154;National Basic Research Program of China (973 Program) under Grant No. 2012CB315805
The telecommunications industry has been undergoing tremendous technological changes, and owning to continuous technological advancement, it has maintained sustained prosperity and development. In this paper, the inte...
As Chinese futures market is on track of standardized development, its efficiency and related investors' strategy have drawn wide attention from scholars worldwide. This paper aims to provide an empirical study on mo...
Supported by the National Basic Research Program of China (2007CB307104), the National Natural Science Foundation of China (60973160), and the Intematiortal Scientific and Technological Cooperation Program (No. $2010GR0902).
In actual implementation of spectrum sharing systems, due to the selfishness of primary users, primary users often refuse the access of secondary users to their licensed spectrum bands even if the access of secondary ...
This paper studies the upper bound for finite-time ruin probability of an insurance company which invests its wealth in a stock and a bond. The authors assume that the interest rate of the bond and the volatility of t...
This research is supported by the National Science Foundation for Distinguished Young Scholars under Grant No. 70825002, the National Natural Science Foundation of China under Grant No. 70518001, and the National Basic Research Program of China 973 Program under Grant No. 2007CB814902.
This paper investigates continuous-time asset-liability management under benchmark and mean-variance criteria in a jump diffusion market. Specifically, the authors consider one risk-free asset, one risky asset and one...
supported by the National Basic Research Program of China (2009CB320401);the National Natural Science Foundation of China (60772108);the Fundamental Research Funds for the Central Universities (BUPT2009RC0111)
According to the property rights model of cognitive radio,primary users who own the spectral resource have the right to lease or trade part of it to secondary users in exchange for appropriate profit.In this paper,an ...