Demonstrating theoretically the possibility that the financial market, albeit incomplete, has equilibrium and that this equilibrium is efficient and has been an important topic at the frontier of the research on gener...Demonstrating theoretically the possibility that the financial market, albeit incomplete, has equilibrium and that this equilibrium is efficient and has been an important topic at the frontier of the research on general equilibrium for financial markets. The paper examines the asymptotic properties of incomplete financial markets taking into accounting the asset structure. The paper deals with a case in which a structure of securities relates to the asymptotic inefficiency.展开更多
The molecular scales behavior of interracial water at the solid/liquid interfaces is of a fundamental significance in a diverse set of technical and scientific contexts, ranging from the efficiency of oil mining to th...The molecular scales behavior of interracial water at the solid/liquid interfaces is of a fundamental significance in a diverse set of technical and scientific contexts, ranging from the efficiency of oil mining to the activity of biological molecules. Recently, it has become recognized that, both the physical interactions and the surface morphology have significant impact on the behavior of inter- facial water, including the water structures as well as the wetting properties of the surface. In this review, we summarize some of recent advances in the atom-level pictures of the interfacial water, which exhibits the ordered character on various solid surfaces at room or cryogenic temperature. Special focus has been devoted to the wetting phenomenon of "ordered water monolayer that does not completely wet water" and the underlying mechanism on model and some real solid surfaces at room temperature. The possible applications of this phenomenon are also discussed.展开更多
文摘Demonstrating theoretically the possibility that the financial market, albeit incomplete, has equilibrium and that this equilibrium is efficient and has been an important topic at the frontier of the research on general equilibrium for financial markets. The paper examines the asymptotic properties of incomplete financial markets taking into accounting the asset structure. The paper deals with a case in which a structure of securities relates to the asymptotic inefficiency.
基金supported by the National Natural Science Foundation of China (Nos. 11290164 and 11204341)the Knowledge Innovation Program of SINAP+1 种基金the Knowledge Innovation Program of the Chinese Academy of Sciences,Shanghai Supercomputer Center of ChinaSupercomputing Center of Chinese Academy of Sciences
文摘The molecular scales behavior of interracial water at the solid/liquid interfaces is of a fundamental significance in a diverse set of technical and scientific contexts, ranging from the efficiency of oil mining to the activity of biological molecules. Recently, it has become recognized that, both the physical interactions and the surface morphology have significant impact on the behavior of inter- facial water, including the water structures as well as the wetting properties of the surface. In this review, we summarize some of recent advances in the atom-level pictures of the interfacial water, which exhibits the ordered character on various solid surfaces at room or cryogenic temperature. Special focus has been devoted to the wetting phenomenon of "ordered water monolayer that does not completely wet water" and the underlying mechanism on model and some real solid surfaces at room temperature. The possible applications of this phenomenon are also discussed.