Economic growth is always accompanied by economic fluctuation. The target of macroeconomic control is to keep a basic balance of economic growth, accelerate the optimization of economic structures and to lead a rapid,...Economic growth is always accompanied by economic fluctuation. The target of macroeconomic control is to keep a basic balance of economic growth, accelerate the optimization of economic structures and to lead a rapid, sustainable and healthy development of national economies, in order to propel society forward. In order to realize the above goal, investment control must be regarded as the most important policy for economic stability. Readjustment and control of investment includes not only control of aggregate investment, but also structural control which depends on economic-technology relationships between various industries of a national economy. On the basis of the theory of a generalized system, an optimal investment control model for government has been developed. In order to provide a scientific basis for government to formulate a macroeconomic control policy, the model investigates the balance of total supply and aggregate demand through an adjustment in investment decisions realizes a sustainable and stable growth of the national economy. The optimal investment decision function proposed by this study has a unique and specific expression, high regulating precision and computable characteristics.展开更多
in recent years, as the project of our country is increasing, investment growth, put forward new challenges to investment in construction projects. Research from the research status of investment in construction, the ...in recent years, as the project of our country is increasing, investment growth, put forward new challenges to investment in construction projects. Research from the research status of investment in construction, the implementation process in accordance with the construction project, followed by analysis of the construction project investment the currently existing problems, and puts forward the implementation of the project the whole process as the main line, to scientific decision-making, rational design, bidding, construction control standard and completion of review strategies as the core.展开更多
EPC general contract project includes design, procurement, construction and other links. The quota design in the design link is the first procedure of EPC general contract project. It is a major measure of cost contro...EPC general contract project includes design, procurement, construction and other links. The quota design in the design link is the first procedure of EPC general contract project. It is a major measure of cost control in the design stage, and also the key to control investment and determine the success or failure of the whole project, playing a crucial role in the whole project. By analyzing the role of quota design in EPC general contract project and related control means and determining the target value from the quota design, the design is constantly improved and optimized in each stage to avoid investment risks and misunderstandings, and the effectiveness of quota design in the whole EPC general contract project is effectively improved to increase its internal application value and comprehensively improve the level of project investment control and management, thereby consolidating the core competitiveness of EPC general contract project in the whole market competition.展开更多
This paper studies the optimization problem with both investment and proportional reinsurance control under the assumption that the surplus process of an insurance entity is represented by a pure diffusion process.The...This paper studies the optimization problem with both investment and proportional reinsurance control under the assumption that the surplus process of an insurance entity is represented by a pure diffusion process.The company can buy proportional reinsurance and invest its surplus into a Black-Scholes risky asset and a risk free asset without restrictions.The authors define absolute ruin as that the liminf of the surplus process is negative infinity and propose absolute ruin minimization as the optimization scenario.Applying the HJB method the authors obtain explicit expressions for the minimal absolute ruin function and the associated optimal investment strategy.The authors find that the minimal absolute ruin function here is convex,but not S-shaped investigated by Luo and Taksar(2011).And finally,from behavioral finance point of view,the authors come to the conclusion:It is the restrictions on investment that results in the kink of minimal absolute ruin function.展开更多
基金Project 70271075 supported by National Natural Science Foundation of China
文摘Economic growth is always accompanied by economic fluctuation. The target of macroeconomic control is to keep a basic balance of economic growth, accelerate the optimization of economic structures and to lead a rapid, sustainable and healthy development of national economies, in order to propel society forward. In order to realize the above goal, investment control must be regarded as the most important policy for economic stability. Readjustment and control of investment includes not only control of aggregate investment, but also structural control which depends on economic-technology relationships between various industries of a national economy. On the basis of the theory of a generalized system, an optimal investment control model for government has been developed. In order to provide a scientific basis for government to formulate a macroeconomic control policy, the model investigates the balance of total supply and aggregate demand through an adjustment in investment decisions realizes a sustainable and stable growth of the national economy. The optimal investment decision function proposed by this study has a unique and specific expression, high regulating precision and computable characteristics.
文摘in recent years, as the project of our country is increasing, investment growth, put forward new challenges to investment in construction projects. Research from the research status of investment in construction, the implementation process in accordance with the construction project, followed by analysis of the construction project investment the currently existing problems, and puts forward the implementation of the project the whole process as the main line, to scientific decision-making, rational design, bidding, construction control standard and completion of review strategies as the core.
文摘EPC general contract project includes design, procurement, construction and other links. The quota design in the design link is the first procedure of EPC general contract project. It is a major measure of cost control in the design stage, and also the key to control investment and determine the success or failure of the whole project, playing a crucial role in the whole project. By analyzing the role of quota design in EPC general contract project and related control means and determining the target value from the quota design, the design is constantly improved and optimized in each stage to avoid investment risks and misunderstandings, and the effectiveness of quota design in the whole EPC general contract project is effectively improved to increase its internal application value and comprehensively improve the level of project investment control and management, thereby consolidating the core competitiveness of EPC general contract project in the whole market competition.
基金supported by the National Natural Science Foundation for Young Scholars of China under Grant No.11401556the National Natural Science Foundation of China under Grant Nos.11471304 and 11171321
文摘This paper studies the optimization problem with both investment and proportional reinsurance control under the assumption that the surplus process of an insurance entity is represented by a pure diffusion process.The company can buy proportional reinsurance and invest its surplus into a Black-Scholes risky asset and a risk free asset without restrictions.The authors define absolute ruin as that the liminf of the surplus process is negative infinity and propose absolute ruin minimization as the optimization scenario.Applying the HJB method the authors obtain explicit expressions for the minimal absolute ruin function and the associated optimal investment strategy.The authors find that the minimal absolute ruin function here is convex,but not S-shaped investigated by Luo and Taksar(2011).And finally,from behavioral finance point of view,the authors come to the conclusion:It is the restrictions on investment that results in the kink of minimal absolute ruin function.
