This paper examines the contemporary theatre of Simos Kakalas, the director of Horos Theatre Company, and his troupe. The object of this study is the performances of the troupe during the period 2004-2016, which incl...This paper examines the contemporary theatre of Simos Kakalas, the director of Horos Theatre Company, and his troupe. The object of this study is the performances of the troupe during the period 2004-2016, which include： （1） the eight different versions of the dramatic idyll Golfo, written in 1894 by Spyridon Peresiadis; （2） the three different versions of the tragedy Erofili, written in Crete in 1595 by Georgios Hortatzis, and （3） the three different versions of the ancient Greek tragedy Euripides＇ Orestes written in 408 B.C. The research shows how these performances bring the young audience closer to the Greek theatre, tradition and identity, and at the same time they lead the audience＇s thought to current issues. It also explores how Kakalas brings the past closer to us to the present time, combining the poetic fifteen-syllable verse, the theatrical codes of the Greek ＂bouloukia＂ （the wandering troupes who used to play at squares in the nineteenth century）, the technique of narration, parody and shadow theatre with postmodern style, manga masks, video projections and anime.展开更多
This study explores the relationship between socioeconomics and millinery style through an analysis of statistical data from the United States Bureau of Statistics. It was very common for women to wear hats in the ear...This study explores the relationship between socioeconomics and millinery style through an analysis of statistical data from the United States Bureau of Statistics. It was very common for women to wear hats in the early 20th century. Most studies regarding millinery are limited to a discussion of style, while some focus on extended functions of millinery styles such as how they aid in social communication. In this study, we discuss the relationship between a woman＇s socioeconomic status and her hat-wearing behavior. This study covers the period from 1900 through the 1960s, when there was a sudden decline in hat-wearing behavior. We analyzed the changes in the number of people listed in various occupational categories in the U.S. Bureau of Statistics data for each decade. Careful observation of labor distribution statistics for the job market can yield valuable insights about women＇s hat-wearing behaviors. Fluctuations in the population of the lower class were significantly correlated with changes in millinery. We also identified time-sensitive periods in millinery style that coincided with the two World Wars.展开更多
Illyria hotel （formerly Bozhur） was built during the sixties in the heart of the actual Kosovo＇s capital Prishtina, according to former old Yugoslav standards in a Modernist architectural style. It represents a mas...Illyria hotel （formerly Bozhur） was built during the sixties in the heart of the actual Kosovo＇s capital Prishtina, according to former old Yugoslav standards in a Modernist architectural style. It represents a massive structural system with brick walls up to 54 cm thick and ＂avramenko＂ type reinforced concrete floors. The investor＇s aim was to add another two floors on the top of the existing ones and to build two level underground parking floors, a health spa centre, whilst at the vicinity of the existing building （the northern side） to erect a new 17 story-high brand new hotel and administration building. The retrofitting of the structure as well as construction of the new structure has been done in full accordance with the new structural Eurocodes＇ recommendations. 3D FEM （finite element method） modeling was used for the analysis and design, using ETABS v 9.5 nonlinear and ARSAP 2010 （Autodesk Robot Structural Analysis Professional 2010）. Response spectrum design according to EC 8,3.2.2.4 has been used for seismic analysis and design with a reference peak ground acceleration on type A ground Of AgR = 0.25 g.展开更多
This study aims to find the effect of financial risks, price risks and market risks on the Earning Response Coefficients （ERC） for China Commercial Banks. The research methodologies use the traditional cumulative ab...This study aims to find the effect of financial risks, price risks and market risks on the Earning Response Coefficients （ERC） for China Commercial Banks. The research methodologies use the traditional cumulative abnormal returns and the unexpected earning as the main dependent and independent variables. The evidences show that： （1） There is a strong returns-to-earnings relation for banks; （2） The liquidity risk has information content beyond earnings changes in the returns-to-earnings relation. This probably due to the reason that managers of banks find the level of liquidity that fulfilled the need of investors and at the same time earns good profits for the banks.展开更多
This study models supply response for major agricultural crops in Nigeria which include the standard arguments and price risk. The data comes from Central Bank of Nigeria annual reports and statement of account, Natio...This study models supply response for major agricultural crops in Nigeria which include the standard arguments and price risk. The data comes from Central Bank of Nigeria annual reports and statement of account, National Bureau of Statistics＇ abstract of statistics and annual Agricultural survey manual. The data are analyzed using autoregressive distributed lag and cointegration and error correction models. The results indicate that producers are responsive not only to price but also to price risk and exchange rate.展开更多
Abstract Option pricing problem plays an extremely important role in quantitative finance. In com- plete market, Black-Scholes-Merton theory has been central to the development of financial engineering as both discipl...Abstract Option pricing problem plays an extremely important role in quantitative finance. In com- plete market, Black-Scholes-Merton theory has been central to the development of financial engineering as both discipline and profession. However, in incomplete market, there are not any replicating port- folios for those options, and thus, the market traders cannot apply the law of one price for obtaining a unique solution. Fortunately, the authors can get a fair price via local-equilibrium principle. In this paper, the authors apply the stochastic control theory to price the exotic option-barrier options, and analyze the relationship between the price and the current positions. The authors get the explicit expression for the market price of the risk. The position effect plays a significant role in option pricing, because it can tell the trader how many and which direction to trade with the market in order to reach the local equilibrium with the market.展开更多
This paper studies incomplete stock market that includes discontinuous price processes. The discontinuity is modeled by very general point processes admitting only stochastic intensities. Prices are driven by jump-dif...This paper studies incomplete stock market that includes discontinuous price processes. The discontinuity is modeled by very general point processes admitting only stochastic intensities. Prices are driven by jump-diffusion uncertainty and have random but predictable jumps. The space of risk-neutral measures that are associated with the market is identified and related to fictitious completions. The construction of replicating portfolios is discussed, and convex duality methods are used to prove existence of optimal consumption and investment policies for a problem of utility maximization.展开更多
文摘This paper examines the contemporary theatre of Simos Kakalas, the director of Horos Theatre Company, and his troupe. The object of this study is the performances of the troupe during the period 2004-2016, which include： （1） the eight different versions of the dramatic idyll Golfo, written in 1894 by Spyridon Peresiadis; （2） the three different versions of the tragedy Erofili, written in Crete in 1595 by Georgios Hortatzis, and （3） the three different versions of the ancient Greek tragedy Euripides＇ Orestes written in 408 B.C. The research shows how these performances bring the young audience closer to the Greek theatre, tradition and identity, and at the same time they lead the audience＇s thought to current issues. It also explores how Kakalas brings the past closer to us to the present time, combining the poetic fifteen-syllable verse, the theatrical codes of the Greek ＂bouloukia＂ （the wandering troupes who used to play at squares in the nineteenth century）, the technique of narration, parody and shadow theatre with postmodern style, manga masks, video projections and anime.
文摘This study explores the relationship between socioeconomics and millinery style through an analysis of statistical data from the United States Bureau of Statistics. It was very common for women to wear hats in the early 20th century. Most studies regarding millinery are limited to a discussion of style, while some focus on extended functions of millinery styles such as how they aid in social communication. In this study, we discuss the relationship between a woman＇s socioeconomic status and her hat-wearing behavior. This study covers the period from 1900 through the 1960s, when there was a sudden decline in hat-wearing behavior. We analyzed the changes in the number of people listed in various occupational categories in the U.S. Bureau of Statistics data for each decade. Careful observation of labor distribution statistics for the job market can yield valuable insights about women＇s hat-wearing behaviors. Fluctuations in the population of the lower class were significantly correlated with changes in millinery. We also identified time-sensitive periods in millinery style that coincided with the two World Wars.
文摘Illyria hotel （formerly Bozhur） was built during the sixties in the heart of the actual Kosovo＇s capital Prishtina, according to former old Yugoslav standards in a Modernist architectural style. It represents a massive structural system with brick walls up to 54 cm thick and ＂avramenko＂ type reinforced concrete floors. The investor＇s aim was to add another two floors on the top of the existing ones and to build two level underground parking floors, a health spa centre, whilst at the vicinity of the existing building （the northern side） to erect a new 17 story-high brand new hotel and administration building. The retrofitting of the structure as well as construction of the new structure has been done in full accordance with the new structural Eurocodes＇ recommendations. 3D FEM （finite element method） modeling was used for the analysis and design, using ETABS v 9.5 nonlinear and ARSAP 2010 （Autodesk Robot Structural Analysis Professional 2010）. Response spectrum design according to EC 8,3.2.2.4 has been used for seismic analysis and design with a reference peak ground acceleration on type A ground Of AgR = 0.25 g.
文摘This study aims to find the effect of financial risks, price risks and market risks on the Earning Response Coefficients （ERC） for China Commercial Banks. The research methodologies use the traditional cumulative abnormal returns and the unexpected earning as the main dependent and independent variables. The evidences show that： （1） There is a strong returns-to-earnings relation for banks; （2） The liquidity risk has information content beyond earnings changes in the returns-to-earnings relation. This probably due to the reason that managers of banks find the level of liquidity that fulfilled the need of investors and at the same time earns good profits for the banks.
文摘This study models supply response for major agricultural crops in Nigeria which include the standard arguments and price risk. The data comes from Central Bank of Nigeria annual reports and statement of account, National Bureau of Statistics＇ abstract of statistics and annual Agricultural survey manual. The data are analyzed using autoregressive distributed lag and cointegration and error correction models. The results indicate that producers are responsive not only to price but also to price risk and exchange rate.
基金supported by the National Natural Science Foundation of China under Grant No.9732007CB814901
文摘Abstract Option pricing problem plays an extremely important role in quantitative finance. In com- plete market, Black-Scholes-Merton theory has been central to the development of financial engineering as both discipline and profession. However, in incomplete market, there are not any replicating port- folios for those options, and thus, the market traders cannot apply the law of one price for obtaining a unique solution. Fortunately, the authors can get a fair price via local-equilibrium principle. In this paper, the authors apply the stochastic control theory to price the exotic option-barrier options, and analyze the relationship between the price and the current positions. The authors get the explicit expression for the market price of the risk. The position effect plays a significant role in option pricing, because it can tell the trader how many and which direction to trade with the market in order to reach the local equilibrium with the market.
基金This research is partially supported by NSF under DMI-9908294 and DMI-0196084.
文摘This paper studies incomplete stock market that includes discontinuous price processes. The discontinuity is modeled by very general point processes admitting only stochastic intensities. Prices are driven by jump-diffusion uncertainty and have random but predictable jumps. The space of risk-neutral measures that are associated with the market is identified and related to fictitious completions. The construction of replicating portfolios is discussed, and convex duality methods are used to prove existence of optimal consumption and investment policies for a problem of utility maximization.
