Using the characteristic of addition of information quantity and the principle of equivalence of information quantity, this paper derives the general conversion formulae of the formation theory method conversion (synt...Using the characteristic of addition of information quantity and the principle of equivalence of information quantity, this paper derives the general conversion formulae of the formation theory method conversion (synthesis) on the systems consisting of different success failure model units. According to the fundamental method of the unit reliability assessment, the general models of system reliability approximate lower limits are given. Finally, this paper analyses the application of the assessment method by examples, the assessment results are neither conservative nor radical and very satisfactory. The assessment method can be popularized to the systems which have fixed reliability structural models.展开更多
By developing an analytical model, this paper examines the role of the ＂external appraiser＂ as a tool to face the informational asymmetry issue related to fair value measurements. A comparison between such a signali...By developing an analytical model, this paper examines the role of the ＂external appraiser＂ as a tool to face the informational asymmetry issue related to fair value measurements. A comparison between such a signaling mechanism and a ＂full fair value disclosure＂ is firstly carried out, highlighting variables affecting the efficiency and the effectiveness of both information strategies. Then, recovering the traditional distinction between ＂protective disclosure＂ （hard information） and ＂informative disclosure＂ （soft information）, this paper demonstrates how the former could significantly increase the positive effects associated to an employment of an independent valuer, reaching some conclusions useful to the standard setting process.展开更多
文摘Using the characteristic of addition of information quantity and the principle of equivalence of information quantity, this paper derives the general conversion formulae of the formation theory method conversion (synthesis) on the systems consisting of different success failure model units. According to the fundamental method of the unit reliability assessment, the general models of system reliability approximate lower limits are given. Finally, this paper analyses the application of the assessment method by examples, the assessment results are neither conservative nor radical and very satisfactory. The assessment method can be popularized to the systems which have fixed reliability structural models.
文摘By developing an analytical model, this paper examines the role of the ＂external appraiser＂ as a tool to face the informational asymmetry issue related to fair value measurements. A comparison between such a signaling mechanism and a ＂full fair value disclosure＂ is firstly carried out, highlighting variables affecting the efficiency and the effectiveness of both information strategies. Then, recovering the traditional distinction between ＂protective disclosure＂ （hard information） and ＂informative disclosure＂ （soft information）, this paper demonstrates how the former could significantly increase the positive effects associated to an employment of an independent valuer, reaching some conclusions useful to the standard setting process.
