The current location of Peking University used to be the campus of Yenching University which was called Yan Yuan. It is situated in the northwestern suburb of Beijing, neighboring the well-known Qing-Dynasty imperial ...The current location of Peking University used to be the campus of Yenching University which was called Yan Yuan. It is situated in the northwestern suburb of Beijing, neighboring the well-known Qing-Dynasty imperial resorts "Summer Palace" and "Fragrant Hill" and the celebrated Tsinghua University.With the naturally endowed landscape, the northwest of Beijing became famous as ideal scenic resorts as early as 800 years ago. During the Ming and Qing dynasties, a cluster of imperial and private gardens were built on the site of展开更多
Consider a nonstandard continuous-time bidimensional risk model with constant force of interest,in which the two classes of claims with subexponential distributions satisfy a general dependence structure and each pair...Consider a nonstandard continuous-time bidimensional risk model with constant force of interest,in which the two classes of claims with subexponential distributions satisfy a general dependence structure and each pair of the claim-inter-arrival times is arbitrarily dependent.Under some mild conditions,we achieve a locally uniform approximation of the finite-time ruin probability for all time horizon within a finite interval.If we further assume that each pair of the claim-inter-arrival times is negative quadrant dependent and the two classes of claims are consistently-varying-tailed,it shows that the above obtained approximation is also globally uniform for all time horizon within an infinite interval.展开更多
Consider two dependent renewal risk models with constant interest rate. By using some methods in the risk theory, uniform asymptotics for finite-time ruin probability is derived in a non-compound risk model, where cla...Consider two dependent renewal risk models with constant interest rate. By using some methods in the risk theory, uniform asymptotics for finite-time ruin probability is derived in a non-compound risk model, where claim sizes are upper tail asymptotically independent random variables with dominatedly varying tails, claim inter-arrival times follow the widely lower orthant dependent structure, and the total amount of premiums is a nonnegative stochastic process. Based on the obtained result, using the method of analysis for the tail probability of random sums, a similar result in a more complex and reasonable compound risk model is also obtained, where individual claim sizes are specialized to be extended negatively dependent and accident inter-arrival times are still widely lower orthant dependent, and both the claim sizes and the claim number have dominatedly varying tails.展开更多
The protection of relic sites helps determine the culture coordinate of a city or a region,and enhances its cultural image and status.Through analyzing the construction features and technical means of various ruins pa...The protection of relic sites helps determine the culture coordinate of a city or a region,and enhances its cultural image and status.Through analyzing the construction features and technical means of various ruins parks in Xi'an including Daming Palace National Heritage Park,Qujiangchi Ruins Park,Hanyao Ruins Park,Dacien Temple Ruins Park,Tang Dynasty City Wall Ruins Park,Emperor Qin Ⅱ Mausoleum Ruins Park and so on,a new model combining the site protection with city construction is presented.By integrating cultural relics preservation,heritage protection with innovation,a series of ruins parks processed with deep cultural connotation are constructed,which not only protects the relics and refreshes the city construction,but also well reflects the essence of traditional Chinese culture unique charm of ancient oriental civilization.The well combination of site protection and city construction improves the cultural image and status of the city,enhances the charm of public cultural space,promotes the development of heritage protection and secures more funds for urban and rural construction.展开更多
This paper had described the influence of restoration and reservation of Xi'an Qujiang Pond Ruins Park on urban landscape with an emphasis,proposed to promote urban landscape development by making use of cultural ...This paper had described the influence of restoration and reservation of Xi'an Qujiang Pond Ruins Park on urban landscape with an emphasis,proposed to promote urban landscape development by making use of cultural ruins. It analyzed the good and bad effects of Xi'an Qujiang Pond Ruins Park on urban landscape and concluded that cultural ruins should be used to shape new outlook of urban landscape,so as to discuss the momentous significance of cultural ruins in urban landscape.展开更多
Feidu,a novel by Jia Pingwa,which is regarded as one of the most controversial fiction in China since 1993,has recently come back to the attention of the public in China because of the publication of its English versi...Feidu,a novel by Jia Pingwa,which is regarded as one of the most controversial fiction in China since 1993,has recently come back to the attention of the public in China because of the publication of its English version Ruined City:A Novel in 2016 in the US.The present paper intends to investigate the different receptions of the novel in China and in countries,like Japan,France,and America.Special attention is given to its translation,promotion,and reception in America on the basis of analyses of the para-texts of the English version,such as the preface of the translator,the promotional words on the part of the American publisher,the endorsement of literary scholars both at home and abroad,and the comments on it by critics.It is found that:(1)The novel was enthusiastically accepted and highly acclaimed in France and Japan,which constitutes a sharp contrast with its reception among Chinese readers and scholars;(2)it got a chance to be translated into English and promoted to the readership 23 years after its publication owing to the efforts of“different agents”,among whom were the translator,the editor,the publisher and many influential scholars both at home and abroad;(3)Goldblatt,rather than others,was finally chosen as the translator of the book on account of the cultural,social,symbolic,and economic capitals he possesses;and(4)the state-sponsored English translation and publication of the book in America was part of China’s effort of introducing its contemporary literature outside China.However,in its consecration in the dominant field of world literature,the novel met with obstacles,and its reception not very satisfactory.The authors of the present paper draw on sociological perspectives proposed by Pierre Bourdieu for an explanatory account of the phenomenon.In addition,Actor-Network Translation Studies(ANTS),a sociological framework for translation research proposed by Jonathan Stalling,is also introduced,and its important concepts turn out to have such explanatory power as to give us to a better understanding of the mechanism of literature translation and reception in a foreign culture.展开更多
This article considers a risk model as in Yuen et al. (2002). Under this model the two claim number processes are correlated. Claim occurrence of both classes relate to Poisson and Erlang processes. The formulae is ...This article considers a risk model as in Yuen et al. (2002). Under this model the two claim number processes are correlated. Claim occurrence of both classes relate to Poisson and Erlang processes. The formulae is derived for the distribution of the surplus immediately before ruin, for the distribution of the surplus immediately after ruin and the joint distribution of the surplus immediately before and after ruin. The asymptotic property of these ruin functions is also investigated.展开更多
In this paper,a class of risk processes perturbed by diffusion are considered. The Lundberg inequalities for the ruin probability are obtained.The size of the Lundberg exponents for different kinds of risk model is co...In this paper,a class of risk processes perturbed by diffusion are considered. The Lundberg inequalities for the ruin probability are obtained.The size of the Lundberg exponents for different kinds of risk model is compared. The numerical illustration for the impact of the parameters on the ruin probability is given.展开更多
In this article, the expected discounted penalty function Фδ,α (u) with constant interest δ and "discounted factor" exp(-αTδ) is considered. As a result, the integral equation of Фδ,α (u) is derived a...In this article, the expected discounted penalty function Фδ,α (u) with constant interest δ and "discounted factor" exp(-αTδ) is considered. As a result, the integral equation of Фδ,α (u) is derived and an exact solution for Фδ,α (0) is found. The relation between the joint density of the surplus immediately prior to ruin, and the deficit at ruin and the density of the surplus immediately prior to ruin is then obtained based on analytical methods.展开更多
In this article, a threshold dividend strategy is used for classical risk model. Under this dividend strategy, certain probability of ruin, which occurs in case of constant barrier strategy, is avoided. Using the stro...In this article, a threshold dividend strategy is used for classical risk model. Under this dividend strategy, certain probability of ruin, which occurs in case of constant barrier strategy, is avoided. Using the strong Markov property of the surplus process and the distribution of the deficit in classical risk model, the survival probability for this model is derived, which is more direct than that in Asmussen(2000, P195, Proposition 1.10). The occupation time of non-dividend of this model is also discussed by means of Martingale method.展开更多
We consider that the reserve of an insurance company follows a renewal risk process with interest and dividend. For this risk process, we derive integral equations and exact infinite series expressions for the Cerber-...We consider that the reserve of an insurance company follows a renewal risk process with interest and dividend. For this risk process, we derive integral equations and exact infinite series expressions for the Cerber-Shiu discounted penalty function. Then we give lower and upper bounds for the ruin probability. Finally, we present exact expressions for the ruin probability in a special case of renewal risk processes.展开更多
This article deals with the problem of minimizing ruin probability under optimal control for the continuous-time compound binomial model with investment. The jump mechanism in our article is different from that of Liu...This article deals with the problem of minimizing ruin probability under optimal control for the continuous-time compound binomial model with investment. The jump mechanism in our article is different from that of Liu et al [4]. Comparing with [4], the introduction of the investment, and hence, the additional Brownian motion term, makes the problem technically challenging. To overcome this technical difficulty, the theory of change of measure is used and an exponential martingale is obtained by virtue of the extended generator. The ruin probability is minimized through maximizing adjustment coefficient in the sense of Lundberg bounds. At the same time, the optimal investment strategy is obtained.展开更多
Consider a continuous-time renewal risk model, in which every main claim induces a delayed by-claim. Assume that the main claim sizes and the inter-arrival times form a sequence of identically distributed random pairs...Consider a continuous-time renewal risk model, in which every main claim induces a delayed by-claim. Assume that the main claim sizes and the inter-arrival times form a sequence of identically distributed random pairs, with each pair obeying a dependence structure, and so do the by-claim sizes and the delay times. Supposing that the main claim sizes with by-claim sizes form a sequence of dependent random variables with dominatedly varying tails, asymptotic estimates for the ruin probability of the surplus process are investigated, by establishing a weakly asymptotic formula, as the initial surplus tends to infinity.展开更多
We consider a continuous time risk model based on a two state Markov process, in which after an exponentially distributed time, the claim frequency changes to a different level and can change back again in the same wa...We consider a continuous time risk model based on a two state Markov process, in which after an exponentially distributed time, the claim frequency changes to a different level and can change back again in the same way. We derive the Laplace transform for the first passage time to surplus zero from a given negative surplus and for the duration of negative surplus. Closed-form expressions are given in the case of exponential individual claim. Finally, numerical results are provided to show how to estimate the moments of duration of negative surplus.展开更多
We consider a risk model with a premium rate which varies with the level of free reserves. In this model, the occurrence of claims is described by a Cox process with Markov intensity process, and the influence of stoc...We consider a risk model with a premium rate which varies with the level of free reserves. In this model, the occurrence of claims is described by a Cox process with Markov intensity process, and the influence of stochastic factors is considered by adding a diffusion process. The integro-differential equation for the ruin probability is derived by a infinitesimal method. Key words ruin probability - variable premium rate - diffusion process - Markov intensity CLC number O 211.9 Foundation item: Supported by the National Natural Science Foundation of China (10071058, 70273029)展开更多
In this paper, the classical risk process perturbed by diffusion is generalized by allowing for “size fluctuation” and the ruin probability for this new model is discussed.
We consider a discrete time risk model in which the net payout (insurance risk) {Xk, k = 1, 2,...} are assumed to take real values and belong to the heavy-tailed class L∩ D and the discount factors (financial risk...We consider a discrete time risk model in which the net payout (insurance risk) {Xk, k = 1, 2,...} are assumed to take real values and belong to the heavy-tailed class L∩ D and the discount factors (financial risk) {Yk, k = 1,2,...} concentrate on [θ, L], where 0 〈 0 〈 1, L 〈 ∞, {Xk, k = 1,2,...}, and {Yk, k=1,2,...} are assumed to be mutually independent. We investigate the asymptotic behavior of the ruin probability within a finite time horizon as the initial capital tends to infinity, and figure out that the convergence holds uniformly for all n ≥ 1, which is different from Tang Q H and Tsitsiashvili G (Adv Appl Prob, 2004, 36: 1278-1299).展开更多
In this article, we consider an optimal proportional reinsurance with constant dividend barrier. First, we derive the Hamilton-Jacobi-Bellman equation satisfied by the expected discounted dividend payment, and then ge...In this article, we consider an optimal proportional reinsurance with constant dividend barrier. First, we derive the Hamilton-Jacobi-Bellman equation satisfied by the expected discounted dividend payment, and then get the optimal stochastic control and the optimal constant barrier. Secondly, under the optimal constant dividend barrier strategy, we consider the moments of the discounted dividend payment and their explicit expressions are given. Finally, we discuss the Laplace transform of the time of ruin and its explicit expression is also given.展开更多
In this paper, we consider a hyper-exponential jump-diffusion model with a constant dividend barrier. Explicit solutions for the Laplace transform of the ruin time, and the Gerber- Shiu function are obtained via marti...In this paper, we consider a hyper-exponential jump-diffusion model with a constant dividend barrier. Explicit solutions for the Laplace transform of the ruin time, and the Gerber- Shiu function are obtained via martingale stopping.展开更多
文摘The current location of Peking University used to be the campus of Yenching University which was called Yan Yuan. It is situated in the northwestern suburb of Beijing, neighboring the well-known Qing-Dynasty imperial resorts "Summer Palace" and "Fragrant Hill" and the celebrated Tsinghua University.With the naturally endowed landscape, the northwest of Beijing became famous as ideal scenic resorts as early as 800 years ago. During the Ming and Qing dynasties, a cluster of imperial and private gardens were built on the site of
基金Supported by the Natural Science Foundation of China(12071487,11671404)the Natural Science Foundation of Anhui Province(2208085MA06)+1 种基金the Provincial Natural Science Research Project of Anhui Colleges(KJ2021A0049,KJ2021A0060)Hunan Provincial Innovation Foundation for Postgraduate(CX20200146)。
文摘Consider a nonstandard continuous-time bidimensional risk model with constant force of interest,in which the two classes of claims with subexponential distributions satisfy a general dependence structure and each pair of the claim-inter-arrival times is arbitrarily dependent.Under some mild conditions,we achieve a locally uniform approximation of the finite-time ruin probability for all time horizon within a finite interval.If we further assume that each pair of the claim-inter-arrival times is negative quadrant dependent and the two classes of claims are consistently-varying-tailed,it shows that the above obtained approximation is also globally uniform for all time horizon within an infinite interval.
基金The National Natural Science Foundation of China(No.11001052,11171065,71171046)China Postdoctoral Science Foundation(No.2012M520964)+1 种基金the Natural Science Foundation of Jiangsu Province(No.BK20131339)the Qing Lan Project of Jiangsu Province
文摘Consider two dependent renewal risk models with constant interest rate. By using some methods in the risk theory, uniform asymptotics for finite-time ruin probability is derived in a non-compound risk model, where claim sizes are upper tail asymptotically independent random variables with dominatedly varying tails, claim inter-arrival times follow the widely lower orthant dependent structure, and the total amount of premiums is a nonnegative stochastic process. Based on the obtained result, using the method of analysis for the tail probability of random sums, a similar result in a more complex and reasonable compound risk model is also obtained, where individual claim sizes are specialized to be extended negatively dependent and accident inter-arrival times are still widely lower orthant dependent, and both the claim sizes and the claim number have dominatedly varying tails.
文摘The protection of relic sites helps determine the culture coordinate of a city or a region,and enhances its cultural image and status.Through analyzing the construction features and technical means of various ruins parks in Xi'an including Daming Palace National Heritage Park,Qujiangchi Ruins Park,Hanyao Ruins Park,Dacien Temple Ruins Park,Tang Dynasty City Wall Ruins Park,Emperor Qin Ⅱ Mausoleum Ruins Park and so on,a new model combining the site protection with city construction is presented.By integrating cultural relics preservation,heritage protection with innovation,a series of ruins parks processed with deep cultural connotation are constructed,which not only protects the relics and refreshes the city construction,but also well reflects the essence of traditional Chinese culture unique charm of ancient oriental civilization.The well combination of site protection and city construction improves the cultural image and status of the city,enhances the charm of public cultural space,promotes the development of heritage protection and secures more funds for urban and rural construction.
文摘This paper had described the influence of restoration and reservation of Xi'an Qujiang Pond Ruins Park on urban landscape with an emphasis,proposed to promote urban landscape development by making use of cultural ruins. It analyzed the good and bad effects of Xi'an Qujiang Pond Ruins Park on urban landscape and concluded that cultural ruins should be used to shape new outlook of urban landscape,so as to discuss the momentous significance of cultural ruins in urban landscape.
文摘Feidu,a novel by Jia Pingwa,which is regarded as one of the most controversial fiction in China since 1993,has recently come back to the attention of the public in China because of the publication of its English version Ruined City:A Novel in 2016 in the US.The present paper intends to investigate the different receptions of the novel in China and in countries,like Japan,France,and America.Special attention is given to its translation,promotion,and reception in America on the basis of analyses of the para-texts of the English version,such as the preface of the translator,the promotional words on the part of the American publisher,the endorsement of literary scholars both at home and abroad,and the comments on it by critics.It is found that:(1)The novel was enthusiastically accepted and highly acclaimed in France and Japan,which constitutes a sharp contrast with its reception among Chinese readers and scholars;(2)it got a chance to be translated into English and promoted to the readership 23 years after its publication owing to the efforts of“different agents”,among whom were the translator,the editor,the publisher and many influential scholars both at home and abroad;(3)Goldblatt,rather than others,was finally chosen as the translator of the book on account of the cultural,social,symbolic,and economic capitals he possesses;and(4)the state-sponsored English translation and publication of the book in America was part of China’s effort of introducing its contemporary literature outside China.However,in its consecration in the dominant field of world literature,the novel met with obstacles,and its reception not very satisfactory.The authors of the present paper draw on sociological perspectives proposed by Pierre Bourdieu for an explanatory account of the phenomenon.In addition,Actor-Network Translation Studies(ANTS),a sociological framework for translation research proposed by Jonathan Stalling,is also introduced,and its important concepts turn out to have such explanatory power as to give us to a better understanding of the mechanism of literature translation and reception in a foreign culture.
基金This work was supported in part by the National Natural Science Foundation of China (10071058, 70273029) the Ministry of Education of China.
文摘This article considers a risk model as in Yuen et al. (2002). Under this model the two claim number processes are correlated. Claim occurrence of both classes relate to Poisson and Erlang processes. The formulae is derived for the distribution of the surplus immediately before ruin, for the distribution of the surplus immediately after ruin and the joint distribution of the surplus immediately before and after ruin. The asymptotic property of these ruin functions is also investigated.
文摘In this paper,a class of risk processes perturbed by diffusion are considered. The Lundberg inequalities for the ruin probability are obtained.The size of the Lundberg exponents for different kinds of risk model is compared. The numerical illustration for the impact of the parameters on the ruin probability is given.
文摘In this article, the expected discounted penalty function Фδ,α (u) with constant interest δ and "discounted factor" exp(-αTδ) is considered. As a result, the integral equation of Фδ,α (u) is derived and an exact solution for Фδ,α (0) is found. The relation between the joint density of the surplus immediately prior to ruin, and the deficit at ruin and the density of the surplus immediately prior to ruin is then obtained based on analytical methods.
基金the National Natural Science Foundation of China(10571092)the major program of Key Research Institute of HumanitiesSocial Sciences at Universities(04JJD790006).
文摘In this article, a threshold dividend strategy is used for classical risk model. Under this dividend strategy, certain probability of ruin, which occurs in case of constant barrier strategy, is avoided. Using the strong Markov property of the surplus process and the distribution of the deficit in classical risk model, the survival probability for this model is derived, which is more direct than that in Asmussen(2000, P195, Proposition 1.10). The occupation time of non-dividend of this model is also discussed by means of Martingale method.
文摘We consider that the reserve of an insurance company follows a renewal risk process with interest and dividend. For this risk process, we derive integral equations and exact infinite series expressions for the Cerber-Shiu discounted penalty function. Then we give lower and upper bounds for the ruin probability. Finally, we present exact expressions for the ruin probability in a special case of renewal risk processes.
基金supported by the Nature Science Foundation of Hebei Province(A2014202202)supported by the Nature Science Foundation of China(11471218)
文摘This article deals with the problem of minimizing ruin probability under optimal control for the continuous-time compound binomial model with investment. The jump mechanism in our article is different from that of Liu et al [4]. Comparing with [4], the introduction of the investment, and hence, the additional Brownian motion term, makes the problem technically challenging. To overcome this technical difficulty, the theory of change of measure is used and an exponential martingale is obtained by virtue of the extended generator. The ruin probability is minimized through maximizing adjustment coefficient in the sense of Lundberg bounds. At the same time, the optimal investment strategy is obtained.
基金Supported by the National Natural Science Foundation of China(11301481,11201422,11371321)Zhejiang Provincial Key Research Base for Humanities and Social Science Research(Statistics)Foundation for Young Talents of ZJGSU(1020XJ1314019)
文摘Consider a continuous-time renewal risk model, in which every main claim induces a delayed by-claim. Assume that the main claim sizes and the inter-arrival times form a sequence of identically distributed random pairs, with each pair obeying a dependence structure, and so do the by-claim sizes and the delay times. Supposing that the main claim sizes with by-claim sizes form a sequence of dependent random variables with dominatedly varying tails, asymptotic estimates for the ruin probability of the surplus process are investigated, by establishing a weakly asymptotic formula, as the initial surplus tends to infinity.
基金Supported in part by the National Natural Science Foundation of China and the Ministry of Education of China
文摘We consider a continuous time risk model based on a two state Markov process, in which after an exponentially distributed time, the claim frequency changes to a different level and can change back again in the same way. We derive the Laplace transform for the first passage time to surplus zero from a given negative surplus and for the duration of negative surplus. Closed-form expressions are given in the case of exponential individual claim. Finally, numerical results are provided to show how to estimate the moments of duration of negative surplus.
文摘We consider a risk model with a premium rate which varies with the level of free reserves. In this model, the occurrence of claims is described by a Cox process with Markov intensity process, and the influence of stochastic factors is considered by adding a diffusion process. The integro-differential equation for the ruin probability is derived by a infinitesimal method. Key words ruin probability - variable premium rate - diffusion process - Markov intensity CLC number O 211.9 Foundation item: Supported by the National Natural Science Foundation of China (10071058, 70273029)
文摘In this paper, the classical risk process perturbed by diffusion is generalized by allowing for “size fluctuation” and the ruin probability for this new model is discussed.
基金supported by the National Natural Science Foundation of China (10671149)the Ministry of Education of China, the Natural Science Foundation of Jiangxi(2008GQS0035)the Foundation of the Hubei Provincial Department of Education (B20091107)
文摘We consider a discrete time risk model in which the net payout (insurance risk) {Xk, k = 1, 2,...} are assumed to take real values and belong to the heavy-tailed class L∩ D and the discount factors (financial risk) {Yk, k = 1,2,...} concentrate on [θ, L], where 0 〈 0 〈 1, L 〈 ∞, {Xk, k = 1,2,...}, and {Yk, k=1,2,...} are assumed to be mutually independent. We investigate the asymptotic behavior of the ruin probability within a finite time horizon as the initial capital tends to infinity, and figure out that the convergence holds uniformly for all n ≥ 1, which is different from Tang Q H and Tsitsiashvili G (Adv Appl Prob, 2004, 36: 1278-1299).
基金Supported in part by the National Natural Science Foun-dation of China and the Ministry of Education of China
文摘In this article, we consider an optimal proportional reinsurance with constant dividend barrier. First, we derive the Hamilton-Jacobi-Bellman equation satisfied by the expected discounted dividend payment, and then get the optimal stochastic control and the optimal constant barrier. Secondly, under the optimal constant dividend barrier strategy, we consider the moments of the discounted dividend payment and their explicit expressions are given. Finally, we discuss the Laplace transform of the time of ruin and its explicit expression is also given.
基金Supported by the Natural Science Foundation of Jiangsu Province(BK20130260)the National Natural Science Foundation of China(11301369)the Postdoctoral Science Foundation of China(2013M540371)
文摘In this paper, we consider a hyper-exponential jump-diffusion model with a constant dividend barrier. Explicit solutions for the Laplace transform of the ruin time, and the Gerber- Shiu function are obtained via martingale stopping.