Regarded as the integrable generalization of Camassa-Holm (CH) equation, the CH equation with selfconsistent sources (CHESCS) is derived. The Lax representation of the CHESCS is presented. The conservation laws for CH...Regarded as the integrable generalization of Camassa-Holm (CH) equation, the CH equation with selfconsistent sources (CHESCS) is derived. The Lax representation of the CHESCS is presented. The conservation laws for CHESCS are constructed. The peakon solution, N-soliton, N-cuspon, N-positon, and N-negaton solutions of CHESCS are obtained by using Darboux transformation and the method of variation of constants.展开更多
Along with the vigorous development of the markel economy, the transactions in the market are also increasingly frequent. In all kinds of market transactions, there are more or less inIbrmation asynunetry phenomena. A...Along with the vigorous development of the markel economy, the transactions in the market are also increasingly frequent. In all kinds of market transactions, there are more or less inIbrmation asynunetry phenomena. Asynmaetric information makes supply chain unable to give a real reaction to the relationship between market supply and demand, and the personnel in the channels of supply chain are unable to make the optimal pricing, so that the overall profits are affected. Therefore, asymmetric information should be controlled within the normal range, for the purpose of ensuring the normal operation and healthy development of the market transactions.展开更多
The data of warrants underlying stocks was selected for the sample period from August,2005 to December,2009.These data the authors collected did not include the announcement date of reform of non-tradable underlying s...The data of warrants underlying stocks was selected for the sample period from August,2005 to December,2009.These data the authors collected did not include the announcement date of reform of non-tradable underlying shares,and was available from Shanghai and Shenzhen stock exchanges.The event study method is employed to test the magnitude effect based on the Wild bootstrap,which is performed on the abnormal return,the cumulative abnormal return,and the standardized cumulative abnormal return.Empirical results show no evidence of magnitude effect but sign effect after warrants introduction.The authors argue that this phenomenon is caused by the migration of radical agents from stock market to warrant market.展开更多
基金Supported by the Nationai Basic Research Program of China (973 program) under Grant No. 2007CB814800the National Science Foundation of China under Grant Nos. 10801083 and 10901090
文摘Regarded as the integrable generalization of Camassa-Holm (CH) equation, the CH equation with selfconsistent sources (CHESCS) is derived. The Lax representation of the CHESCS is presented. The conservation laws for CHESCS are constructed. The peakon solution, N-soliton, N-cuspon, N-positon, and N-negaton solutions of CHESCS are obtained by using Darboux transformation and the method of variation of constants.
文摘Along with the vigorous development of the markel economy, the transactions in the market are also increasingly frequent. In all kinds of market transactions, there are more or less inIbrmation asynunetry phenomena. Asynmaetric information makes supply chain unable to give a real reaction to the relationship between market supply and demand, and the personnel in the channels of supply chain are unable to make the optimal pricing, so that the overall profits are affected. Therefore, asymmetric information should be controlled within the normal range, for the purpose of ensuring the normal operation and healthy development of the market transactions.
基金supported by the National Nature Science Foundation of China under Grant No.71101001the National Nature Science Foundation of Chinathe Research Grants Council of Hong Kong under Grant No.70731160635
文摘The data of warrants underlying stocks was selected for the sample period from August,2005 to December,2009.These data the authors collected did not include the announcement date of reform of non-tradable underlying shares,and was available from Shanghai and Shenzhen stock exchanges.The event study method is employed to test the magnitude effect based on the Wild bootstrap,which is performed on the abnormal return,the cumulative abnormal return,and the standardized cumulative abnormal return.Empirical results show no evidence of magnitude effect but sign effect after warrants introduction.The authors argue that this phenomenon is caused by the migration of radical agents from stock market to warrant market.
