The core of strength reduction method(SRM) involves finding a critical strength curve that happens to make the slope globally fail and a definition of factor of safety(FOS). A new double reduction method, including a ...The core of strength reduction method(SRM) involves finding a critical strength curve that happens to make the slope globally fail and a definition of factor of safety(FOS). A new double reduction method, including a detailed calculation procedure and a definition of FOS for slope stability was developed based on the understanding of SRM. When constructing the new definition of FOS, efforts were made to make sure that it has concise physical meanings and fully reflects the shear strength of the slope. Two examples, slopes A and B with the slope angles of 63° and 34° respectively, were given to verify the method presented. It is found that, for these two slopes, the FOSs from original strength reduction method are respectively 1.5% and 38% higher than those from double reduction method. It is also found that the double reduction method predicts a deeper potential slide line and a larger slide mass. These results show that on one hand, the double reduction method is comparative to the traditional methods and is reasonable, and on the other hand, the original strength reduction method may overestimate the safety of a slope. The method presented is advised to be considered as an additional option in the practical slope stability evaluations although more useful experience is required.展开更多
Mass movements are very common problems in the eastern Black Sea region of Turkey due to its climate conditions, geological, and geomorphological characteristics. High slope angle, weathering, dense rainfalls, and ant...Mass movements are very common problems in the eastern Black Sea region of Turkey due to its climate conditions, geological, and geomorphological characteristics. High slope angle, weathering, dense rainfalls, and anthropogenic impacts are generally reported as the most important triggering factors in the region. Following the portal slope excavations in the entrance section of Cankurtaran tunnel, located in the region, where the highly weathered andesitic tuff crops out, a circular toe failure occurred. The main target of the present study is to investigate the causes and occurrence mechanism of this failure and to determine the feasible remedial measures against it using finite element method(FEM) in four stages. These stages are slope stability analyses for pre-and postexcavation cases, and remediation design assessments for slope and tunnel. The results of the FEM-SSR analyses indicated that the insufficient initial support design and weathering of the andesitic tuffs are the main factors that caused the portal failure. After installing a rock retaining wall with jet grout columns and reinforced slope benching applications, the factor of safety increased from 0.83 to 2.80. In addition toslope stability evaluation, the Rock Mass Rating(RMR), Rock Mass Quality(Q) and New Austrian Tunneling Method(NATM) systems were also utilized as empirical methods to characterize the tunnel ground and to determine the tunnel support design. The performance of the suggested empirical support design, induced stress distributions and deformations were analyzed by means of numerical modelling. Finally, it was concluded that the recommended stabilization technique was essential for the dynamic long-term stability and prevents the effects of failure. Additionally, the FEM method gives useful and reasonably reliable results in evaluating the stability of cut slopes and tunnels excavated both in continuous and discontinuous rock masses.展开更多
This paper investigates the mean-reversion and volatile of credit spread time series by using regression and time series analysis in Chinese bond market. Then the Longstaff-Schwartz model and GARCH model are applied t...This paper investigates the mean-reversion and volatile of credit spread time series by using regression and time series analysis in Chinese bond market. Then the Longstaff-Schwartz model and GARCH model are applied to price credit spread put option. The authors compare the features of these two models by employing daily bond prices of government bonds and corporate bonds for the period 2010–2012 in Chinese bond market. The proposed results show that the higher the credit ratings of the corporate bonds are, the lower the prices of the credit spread options are.展开更多
基金Project(11102218) supported by the National Natural Science Foundation of China
文摘The core of strength reduction method(SRM) involves finding a critical strength curve that happens to make the slope globally fail and a definition of factor of safety(FOS). A new double reduction method, including a detailed calculation procedure and a definition of FOS for slope stability was developed based on the understanding of SRM. When constructing the new definition of FOS, efforts were made to make sure that it has concise physical meanings and fully reflects the shear strength of the slope. Two examples, slopes A and B with the slope angles of 63° and 34° respectively, were given to verify the method presented. It is found that, for these two slopes, the FOSs from original strength reduction method are respectively 1.5% and 38% higher than those from double reduction method. It is also found that the double reduction method predicts a deeper potential slide line and a larger slide mass. These results show that on one hand, the double reduction method is comparative to the traditional methods and is reasonable, and on the other hand, the original strength reduction method may overestimate the safety of a slope. The method presented is advised to be considered as an additional option in the practical slope stability evaluations although more useful experience is required.
文摘Mass movements are very common problems in the eastern Black Sea region of Turkey due to its climate conditions, geological, and geomorphological characteristics. High slope angle, weathering, dense rainfalls, and anthropogenic impacts are generally reported as the most important triggering factors in the region. Following the portal slope excavations in the entrance section of Cankurtaran tunnel, located in the region, where the highly weathered andesitic tuff crops out, a circular toe failure occurred. The main target of the present study is to investigate the causes and occurrence mechanism of this failure and to determine the feasible remedial measures against it using finite element method(FEM) in four stages. These stages are slope stability analyses for pre-and postexcavation cases, and remediation design assessments for slope and tunnel. The results of the FEM-SSR analyses indicated that the insufficient initial support design and weathering of the andesitic tuffs are the main factors that caused the portal failure. After installing a rock retaining wall with jet grout columns and reinforced slope benching applications, the factor of safety increased from 0.83 to 2.80. In addition toslope stability evaluation, the Rock Mass Rating(RMR), Rock Mass Quality(Q) and New Austrian Tunneling Method(NATM) systems were also utilized as empirical methods to characterize the tunnel ground and to determine the tunnel support design. The performance of the suggested empirical support design, induced stress distributions and deformations were analyzed by means of numerical modelling. Finally, it was concluded that the recommended stabilization technique was essential for the dynamic long-term stability and prevents the effects of failure. Additionally, the FEM method gives useful and reasonably reliable results in evaluating the stability of cut slopes and tunnels excavated both in continuous and discontinuous rock masses.
基金supported by the National Natural Science Foundation of China under Grant Nos.71171012and 70901019Humanity and Social Science Foundation of Ministry of Education of China under Grant No.14YJA790075
文摘This paper investigates the mean-reversion and volatile of credit spread time series by using regression and time series analysis in Chinese bond market. Then the Longstaff-Schwartz model and GARCH model are applied to price credit spread put option. The authors compare the features of these two models by employing daily bond prices of government bonds and corporate bonds for the period 2010–2012 in Chinese bond market. The proposed results show that the higher the credit ratings of the corporate bonds are, the lower the prices of the credit spread options are.
