In order to make reconfigurable manufacturing system (RMS) adapt to the fluctuations of production demand with the minimum number of reconflgurations in its full life cycle, we presented a method to design RMS based...In order to make reconfigurable manufacturing system (RMS) adapt to the fluctuations of production demand with the minimum number of reconflgurations in its full life cycle, we presented a method to design RMS based on the balanced distribution of functional characteristics for ma- chines. With this method, functional characteristics were classified based on machining functions of cutting-tools and machining accuracy of machines. Then the optimization objective was set as the to- tal shortest mobile distance that all the workpieces are moved from one machine to another, and an improved genetic algorithm (GA) was proposed to optimize the configuration. The elitist strategy was used to enhance the global optimization ability of GA, and excellent gene pool was designed to maintain the diversity of population. Software Matlab was used to realize the algorithm, and a case study of simulation was used to evaluate the method.展开更多
In this article,the authors define the derived function of an algeboidal function in the unit disc,prove it is an algabriodal function,and study the order of algebroidal function and that of its derived function in un...In this article,the authors define the derived function of an algeboidal function in the unit disc,prove it is an algabriodal function,and study the order of algebroidal function and that of its derived function in unit circular disc.展开更多
In this paper,we investigate the growth relations between algebroid functions and their derivatives,and extend famous C.Chang inequality(see[1,4])of meromorphic functions to algebroid functions.
Components with strong adsorption capacity for cholates from buckwheat proteins were screened, separated and purified by several methods, and the effects of ultra-high-pressure(UHP) on the structure and function of bu...Components with strong adsorption capacity for cholates from buckwheat proteins were screened, separated and purified by several methods, and the effects of ultra-high-pressure(UHP) on the structure and function of buckwheat 13S globulin(BW13SG) were studied. Samples were treated by UHP at different p H(3.0 and 7.0) value(s) and at 100–500 MPa for 10–30 min. The results showed that the tertiary structure of BW13SG was partially denatured and aggregated. The decrease in the unordered structure indicated that UHP resulted in a looser secondary structure of BW13SG. UHP treatment also increased solubility, emulsion activity and stability, foaming capacity and stability. The samples treated at 500 MPa, p H 3.0 for 30 min had the most enhanced functionality. Moreover, under this condition, the sodium cholate and sodium deoxycholate adsorption capacities of BW13SG were both higher than 98% and the adsorption capacity of sodium taurocholate, which can be difficult to adsorb, was higher than 60%.展开更多
The author proves that if f : C → C^n is a transcendental vector valued mero-morphic function of finite order and assume, This result extends the related results for meromorphic function by Singh and Kulkarni.
We employ the coherent thermal states(a kind of entangled states)in thermal field dynamics to establisha complete entangled state formalism expressing pseudo-classical representations of density operator for light fie...We employ the coherent thermal states(a kind of entangled states)in thermal field dynamics to establisha complete entangled state formalism expressing pseudo-classical representations of density operator for light field.Especially,the relationship between the coherent thermal state and the characteristic function and the positive Prepresentation in quantum optics theory are obtained.展开更多
It was proved that velocity-dependent infinitesima l symmetry transformations of nonholonomic systems have a characteristic functio nal structure, which could be formulated by means of an auxiliary symmetry tra nsform...It was proved that velocity-dependent infinitesima l symmetry transformations of nonholonomic systems have a characteristic functio nal structure, which could be formulated by means of an auxiliary symmetry tra nsformation function and is manifestly dependent upon constants of motion of th e system. An example was given to illustrate the applicability of the results.展开更多
The multilevel characteristic basis function method(MLCBFM)with the adaptive cross approximation(ACA)algorithm for accelerated solution of electrically large scattering problems is studied in this paper.In the convent...The multilevel characteristic basis function method(MLCBFM)with the adaptive cross approximation(ACA)algorithm for accelerated solution of electrically large scattering problems is studied in this paper.In the conventional MLCBFM based on Foldy-Lax multiple scattering equations,the improvement is only made in the generation of characteristic basis functions(CBFs).However,it does not provide a change in impedance matrix filling and reducing matrix calculation procedure,which is time-consuming.In reality,all the impedance and reduced matrix of each level of the MLCBFM have low-rank property and can be calculated efficiently.Therefore,ACA is used for the efficient generation of two-level CBFs and the fast calculation of reduced matrix in this study.Numerical results are given to demonstrate the accuracy and efficiency of the method.展开更多
In this paper, the characteristic function of the derivative of meromorphic function is studied. A expression of characteristic function T(r, f') is given.
Bilinear time series models are of importance to nonlinear time seriesanalysis.In this paper,the autocovariance function and the relation between linearand general bilinear time series models are derived.With the help...Bilinear time series models are of importance to nonlinear time seriesanalysis.In this paper,the autocovariance function and the relation between linearand general bilinear time series models are derived.With the help of Volterra seriesexpansion,the impulse response function and frequency characteristic function of thegeneral bilinear time series model are also derived.展开更多
In this paper, a procedure is proposed for measuring Wigner characteristic function for motion of a single trapped ion. In the scheme, the trapped ion is driven by two laser beams with different frequencies tuned to t...In this paper, a procedure is proposed for measuring Wigner characteristic function for motion of a single trapped ion. In the scheme, the trapped ion is driven by two laser beams with different frequencies tuned to the first lower and upper vibrational sidebands, respectively. Unlike other previous scheme, our scheme does not require the displacement of the external state before the ion-laser interaction and thus our scheme night be more simple and feasible. The scheme can also be used to prepare the motional Schroedinger cat states and entangled coherent states.展开更多
Germplasm effect reflects the quantitative relation between production ability of germplasm elements and yield (quality) of a certain crop, which can be shown by mathematic function, namely, germplasm effect functio...Germplasm effect reflects the quantitative relation between production ability of germplasm elements and yield (quality) of a certain crop, which can be shown by mathematic function, namely, germplasm effect function. Germplasm effect of a crop variety is an aggregation of many effective factors, and is restrained by different effective factors; constant increase of any one effect of germplasm elements would lead to law of effect decline, therefore, possible modes of transgenic crops effect function were deduced according to the law of effect decline. The possible modes of single transgenic germplasm effect function and multi-transgenic germplasm effect regression equation were discussed, and the characteristics of germplasm effect regression equation were analyzed in this paper.展开更多
This article revisits Feynman's characteristic function, and points out the insight and usefulness of hisphysical interpretation. As an example, the tedious and rather long derivation of the propagator in polar co...This article revisits Feynman's characteristic function, and points out the insight and usefulness of hisphysical interpretation. As an example, the tedious and rather long derivation of the propagator in polar coordinatescan be easily and clearly obtained by merely using Feynman's physical intepretation of the characteristic function andsome well-known results of central force problem.展开更多
Various properties of the characteristic functions of random variables in a non-commutative C*-probability space are studied in this paper. It turns out that the distributions of random variables are uniquely determin...Various properties of the characteristic functions of random variables in a non-commutative C*-probability space are studied in this paper. It turns out that the distributions of random variables are uniquely determined by their characteristic functions. By using the properties of characteristic functions, a central limit theorem for a sequence of independent identically distributed random variables in a C*-probability space is established as well.展开更多
Characteristic Basis Function Method (CBFM) is a novel approach for analyzing the ElectroMagnetic (EM) scattering from electrically large objects. Based on dividing the studied object into small blocks, the CBFM is su...Characteristic Basis Function Method (CBFM) is a novel approach for analyzing the ElectroMagnetic (EM) scattering from electrically large objects. Based on dividing the studied object into small blocks, the CBFM is suitable for parallel computing. In this paper, a static load balance parallel method is presented by combining Message Passing Interface (MPI) with Adaptively Modified CBFM (AMCBFM). In this method, the object geometry is partitioned into distinct blocks, and the serial number of blocks is sent to related nodes according to a certain rule. Every node only needs to calculate the information on local blocks. The obtained results confirm the accuracy and efficiency of the proposed method in speeding up solving large electrical scale problems.展开更多
This paper deals with the description and the representation of polynomials defined over n-simplices, The polynomials are computed by using two recurrent schemes: the Neville-Aitken one for the Lagrange interpolating ...This paper deals with the description and the representation of polynomials defined over n-simplices, The polynomials are computed by using two recurrent schemes: the Neville-Aitken one for the Lagrange interpolating operator and the De Casteljau one for the Bernstein-Bezier approximating operator. Both schemes fall intothe framework of transformations of the form where the F iare given numbers (forexample, at the initial step they coincide with the values of the function on a given lattice), and the coefficients (x) are linear polynomials valued in x and x is fixed. A general theory for such sequence of transformations can be found in [2] where it is also proved that these tranformations are completely characterized in term of a linear functional, reference functional. This functional is associated with a linear space., characteristic space.The concepts of reference functionals and characteristic spaces will be used and we shall prove the existence of a characteristic space for the reference functional: associated with these operators.展开更多
The identification of customer needs is one of the important first⁃step works for product design.Contrary to explicit ones,the implicit customer needs are less obvious,thus relying on the designers to discover.Up till...The identification of customer needs is one of the important first⁃step works for product design.Contrary to explicit ones,the implicit customer needs are less obvious,thus relying on the designers to discover.Up till now,there still lacks a rational or systematic method on the identification of implicit customer needs.Designers have to rely on their own intuition and personal experience to do the work,hindering the product design and development further on.Therefore,it is necessary to study the implicit customer needs and their identification methods.To this end,this paper first studies the characteristics of implicit needs,and clarifies the relationship between implicit needs and explicit needs.Based on this,the concept of customer needs life cycle is put forward.After that,two methods for the identification of implicit needs are proposed,including an active approach and a passive approach.For the active approach,it is suggested to exploit the functional characteristics of the product and the products in the same series or categories,for which a direct acquisition method and an evaluation data mining method are proposed,and a treadmill design case is studied.For the passive approach,it is suggested to exploit the scenario elements of product usage,for which a scenario elements questionnaire method and a scenario adaptation problem method are proposed,and a spinning bike design case is studied.The two design cases have demonstrated the process of customer needs identification and also verified the applicability of the proposed methods.展开更多
Role-based network embedding aims to embed role-similar nodes into a similar embedding space,which is widely used in graph mining tasks such as role classification and detection.Roles are sets of nodes in graph networ...Role-based network embedding aims to embed role-similar nodes into a similar embedding space,which is widely used in graph mining tasks such as role classification and detection.Roles are sets of nodes in graph networks with similar structural patterns and functions.However,the rolesimilar nodes may be far away or even disconnected from each other.Meanwhile,the neighborhood node features and noise also affect the result of the role-based network embedding,which are also challenges of current network embedding work.In this paper,we propose a Role-based network Embedding via Quantum walk with weighted Features fusion(REQF),which simultaneously considers the influence of global and local role information,node features,and noise.Firstly,we capture the global role information of nodes via quantum walk based on its superposition property which emphasizes the local role information via biased quantum walk.Secondly,we utilize the quantum walkweighted characteristic function to extract and fuse features of nodes and their neighborhood by different distributions which contain role information implicitly.Finally,we leverage the Variational Auto-Encoder(VAE)to reduce the effect of noise.We conduct extensive experiments on seven real-world datasets,and the results show that REQF is more effective at capturing role information in the network,which outperforms the best baseline by up to 14.6% in role classification,and 23% in role detection on average.展开更多
In order to study the differences in algae species and their biomass in water bodies in a region, three reservoirs and two lakes at the center of Guanzhong Plain were chosen to identify algae functional groups, measur...In order to study the differences in algae species and their biomass in water bodies in a region, three reservoirs and two lakes at the center of Guanzhong Plain were chosen to identify algae functional groups, measure biomass, and assess water quality, from January2013 to December 2014. The water bodies represented different trophic levels: one oligotrophic, three mesotrophic, and one eutrophic. Based on the Reynolds’ functional groups, they had 10 groups in common—B, P, D, X1, M, MP, F, S1, J, and G, but the algae biomasses and proportions were different. In the oligotrophic reservoir, functional group B reached a peak biomass of 576 × 104 L-1, which accounted for 31.27%. In the eutrophic lake,functional group D reached a peak biomass of 3227 × 104 L-1, which accounted for only13.38%. When samples collected from other water bodies with similar trophic levels were compared, we found differences in the algae species functional groups. The potential reasons for the differences in algae functional group characteristics in the different water bodies in the region were water temperature and nutritional states.展开更多
This article addresses the problem of pricing European options when the underlying asset is not perfectly liquid.A liquidity discounting factor as a function of market-wide liquidity governed by a mean-reverting stoch...This article addresses the problem of pricing European options when the underlying asset is not perfectly liquid.A liquidity discounting factor as a function of market-wide liquidity governed by a mean-reverting stochastic process and the sensitivity of the underlying price to market-wide liquidity is firstly introduced,so that the impact of liquidity on the underlying asset can be captured by the option pricing model.The characteristic function is analytically worked out using the Feynman–Kac theorem and a closed-form pricing formula for European options is successfully derived thereafter.Through numerical experiments,the accuracy of the newly derived formula is verified,and the significance of incorporating liquidity risk into option pricing is demonstrated.展开更多
基金Supported by the National Natural Science Foundation of China(51105039)
文摘In order to make reconfigurable manufacturing system (RMS) adapt to the fluctuations of production demand with the minimum number of reconflgurations in its full life cycle, we presented a method to design RMS based on the balanced distribution of functional characteristics for ma- chines. With this method, functional characteristics were classified based on machining functions of cutting-tools and machining accuracy of machines. Then the optimization objective was set as the to- tal shortest mobile distance that all the workpieces are moved from one machine to another, and an improved genetic algorithm (GA) was proposed to optimize the configuration. The elitist strategy was used to enhance the global optimization ability of GA, and excellent gene pool was designed to maintain the diversity of population. Software Matlab was used to realize the algorithm, and a case study of simulation was used to evaluate the method.
基金supported by NNSF of China(10471048)SRFDP(20050574002)
文摘In this article,the authors define the derived function of an algeboidal function in the unit disc,prove it is an algabriodal function,and study the order of algebroidal function and that of its derived function in unit circular disc.
基金supported by National Natural Science Foundation of China(1047104810771011)the Fundamental Research Funds for the Central Universities
文摘In this paper,we investigate the growth relations between algebroid functions and their derivatives,and extend famous C.Chang inequality(see[1,4])of meromorphic functions to algebroid functions.
基金the financial support by the Open Project Program of State Key Laboratory of Dairy Biotechnology (No. SKLDB2018-002)National Natural Science Foundation of China (No. 31871805 & No. 31501437)+1 种基金Shanghai Municipal Education Commission (Plateau Discipline Construction Program)China Agriculture Research System (CARS-08-D2)。
文摘Components with strong adsorption capacity for cholates from buckwheat proteins were screened, separated and purified by several methods, and the effects of ultra-high-pressure(UHP) on the structure and function of buckwheat 13S globulin(BW13SG) were studied. Samples were treated by UHP at different p H(3.0 and 7.0) value(s) and at 100–500 MPa for 10–30 min. The results showed that the tertiary structure of BW13SG was partially denatured and aggregated. The decrease in the unordered structure indicated that UHP resulted in a looser secondary structure of BW13SG. UHP treatment also increased solubility, emulsion activity and stability, foaming capacity and stability. The samples treated at 500 MPa, p H 3.0 for 30 min had the most enhanced functionality. Moreover, under this condition, the sodium cholate and sodium deoxycholate adsorption capacities of BW13SG were both higher than 98% and the adsorption capacity of sodium taurocholate, which can be difficult to adsorb, was higher than 60%.
基金supported by the National Natural Science Foundation of China(11201395)supported by the Science Foundation of Educational Commission of Hubei Province(Q20132801)
文摘The author proves that if f : C → C^n is a transcendental vector valued mero-morphic function of finite order and assume, This result extends the related results for meromorphic function by Singh and Kulkarni.
基金the President Foundation of the Chinese Academy of Sciences
文摘We employ the coherent thermal states(a kind of entangled states)in thermal field dynamics to establisha complete entangled state formalism expressing pseudo-classical representations of density operator for light field.Especially,the relationship between the coherent thermal state and the characteristic function and the positive Prepresentation in quantum optics theory are obtained.
文摘It was proved that velocity-dependent infinitesima l symmetry transformations of nonholonomic systems have a characteristic functio nal structure, which could be formulated by means of an auxiliary symmetry tra nsformation function and is manifestly dependent upon constants of motion of th e system. An example was given to illustrate the applicability of the results.
基金supported by the National Natural Science Foundation of China (No.61401003)the Specialized Research Fund for the Doctoral Program of Higher Education of China (No.20123401110006)the Natural Science Research Project of Anhui Education ( No. KJ2015A436)
文摘The multilevel characteristic basis function method(MLCBFM)with the adaptive cross approximation(ACA)algorithm for accelerated solution of electrically large scattering problems is studied in this paper.In the conventional MLCBFM based on Foldy-Lax multiple scattering equations,the improvement is only made in the generation of characteristic basis functions(CBFs).However,it does not provide a change in impedance matrix filling and reducing matrix calculation procedure,which is time-consuming.In reality,all the impedance and reduced matrix of each level of the MLCBFM have low-rank property and can be calculated efficiently.Therefore,ACA is used for the efficient generation of two-level CBFs and the fast calculation of reduced matrix in this study.Numerical results are given to demonstrate the accuracy and efficiency of the method.
基金Supported by the Nature Science Foundation of Henan Province(0211050200)
文摘In this paper, the characteristic function of the derivative of meromorphic function is studied. A expression of characteristic function T(r, f') is given.
文摘Bilinear time series models are of importance to nonlinear time seriesanalysis.In this paper,the autocovariance function and the relation between linearand general bilinear time series models are derived.With the help of Volterra seriesexpansion,the impulse response function and frequency characteristic function of thegeneral bilinear time series model are also derived.
基金The project supported by National Fundamental Research Program of China under Grant No. 2005CB724508 and National Natural Science Foundation of China under Grant Nos. 60478029, 90503010, and 10575040 .We would like to thank enlightening discussions professor Wu Ying for many
文摘In this paper, a procedure is proposed for measuring Wigner characteristic function for motion of a single trapped ion. In the scheme, the trapped ion is driven by two laser beams with different frequencies tuned to the first lower and upper vibrational sidebands, respectively. Unlike other previous scheme, our scheme does not require the displacement of the external state before the ion-laser interaction and thus our scheme night be more simple and feasible. The scheme can also be used to prepare the motional Schroedinger cat states and entangled coherent states.
文摘Germplasm effect reflects the quantitative relation between production ability of germplasm elements and yield (quality) of a certain crop, which can be shown by mathematic function, namely, germplasm effect function. Germplasm effect of a crop variety is an aggregation of many effective factors, and is restrained by different effective factors; constant increase of any one effect of germplasm elements would lead to law of effect decline, therefore, possible modes of transgenic crops effect function were deduced according to the law of effect decline. The possible modes of single transgenic germplasm effect function and multi-transgenic germplasm effect regression equation were discussed, and the characteristics of germplasm effect regression equation were analyzed in this paper.
文摘This article revisits Feynman's characteristic function, and points out the insight and usefulness of hisphysical interpretation. As an example, the tedious and rather long derivation of the propagator in polar coordinatescan be easily and clearly obtained by merely using Feynman's physical intepretation of the characteristic function andsome well-known results of central force problem.
基金the Shanghai Science and Technology Commission, No. 01ZA14003.
文摘Various properties of the characteristic functions of random variables in a non-commutative C*-probability space are studied in this paper. It turns out that the distributions of random variables are uniquely determined by their characteristic functions. By using the properties of characteristic functions, a central limit theorem for a sequence of independent identically distributed random variables in a C*-probability space is established as well.
文摘Characteristic Basis Function Method (CBFM) is a novel approach for analyzing the ElectroMagnetic (EM) scattering from electrically large objects. Based on dividing the studied object into small blocks, the CBFM is suitable for parallel computing. In this paper, a static load balance parallel method is presented by combining Message Passing Interface (MPI) with Adaptively Modified CBFM (AMCBFM). In this method, the object geometry is partitioned into distinct blocks, and the serial number of blocks is sent to related nodes according to a certain rule. Every node only needs to calculate the information on local blocks. The obtained results confirm the accuracy and efficiency of the proposed method in speeding up solving large electrical scale problems.
文摘This paper deals with the description and the representation of polynomials defined over n-simplices, The polynomials are computed by using two recurrent schemes: the Neville-Aitken one for the Lagrange interpolating operator and the De Casteljau one for the Bernstein-Bezier approximating operator. Both schemes fall intothe framework of transformations of the form where the F iare given numbers (forexample, at the initial step they coincide with the values of the function on a given lattice), and the coefficients (x) are linear polynomials valued in x and x is fixed. A general theory for such sequence of transformations can be found in [2] where it is also proved that these tranformations are completely characterized in term of a linear functional, reference functional. This functional is associated with a linear space., characteristic space.The concepts of reference functionals and characteristic spaces will be used and we shall prove the existence of a characteristic space for the reference functional: associated with these operators.
文摘The identification of customer needs is one of the important first⁃step works for product design.Contrary to explicit ones,the implicit customer needs are less obvious,thus relying on the designers to discover.Up till now,there still lacks a rational or systematic method on the identification of implicit customer needs.Designers have to rely on their own intuition and personal experience to do the work,hindering the product design and development further on.Therefore,it is necessary to study the implicit customer needs and their identification methods.To this end,this paper first studies the characteristics of implicit needs,and clarifies the relationship between implicit needs and explicit needs.Based on this,the concept of customer needs life cycle is put forward.After that,two methods for the identification of implicit needs are proposed,including an active approach and a passive approach.For the active approach,it is suggested to exploit the functional characteristics of the product and the products in the same series or categories,for which a direct acquisition method and an evaluation data mining method are proposed,and a treadmill design case is studied.For the passive approach,it is suggested to exploit the scenario elements of product usage,for which a scenario elements questionnaire method and a scenario adaptation problem method are proposed,and a spinning bike design case is studied.The two design cases have demonstrated the process of customer needs identification and also verified the applicability of the proposed methods.
基金supported in part by the National Nature Science Foundation of China(Grant 62172065)the Natural Science Foundation of Chongqing(Grant cstc2020jcyjmsxmX0137).
文摘Role-based network embedding aims to embed role-similar nodes into a similar embedding space,which is widely used in graph mining tasks such as role classification and detection.Roles are sets of nodes in graph networks with similar structural patterns and functions.However,the rolesimilar nodes may be far away or even disconnected from each other.Meanwhile,the neighborhood node features and noise also affect the result of the role-based network embedding,which are also challenges of current network embedding work.In this paper,we propose a Role-based network Embedding via Quantum walk with weighted Features fusion(REQF),which simultaneously considers the influence of global and local role information,node features,and noise.Firstly,we capture the global role information of nodes via quantum walk based on its superposition property which emphasizes the local role information via biased quantum walk.Secondly,we utilize the quantum walkweighted characteristic function to extract and fuse features of nodes and their neighborhood by different distributions which contain role information implicitly.Finally,we leverage the Variational Auto-Encoder(VAE)to reduce the effect of noise.We conduct extensive experiments on seven real-world datasets,and the results show that REQF is more effective at capturing role information in the network,which outperforms the best baseline by up to 14.6% in role classification,and 23% in role detection on average.
基金supported by the Ministry of Human Resources and Social Security of the People's Republic of China,Shaanxi Youth Science and Technology Star Project(No.2012KJXX-32)the National Natural Science Youth Fund(No.51008242)
文摘In order to study the differences in algae species and their biomass in water bodies in a region, three reservoirs and two lakes at the center of Guanzhong Plain were chosen to identify algae functional groups, measure biomass, and assess water quality, from January2013 to December 2014. The water bodies represented different trophic levels: one oligotrophic, three mesotrophic, and one eutrophic. Based on the Reynolds’ functional groups, they had 10 groups in common—B, P, D, X1, M, MP, F, S1, J, and G, but the algae biomasses and proportions were different. In the oligotrophic reservoir, functional group B reached a peak biomass of 576 × 104 L-1, which accounted for 31.27%. In the eutrophic lake,functional group D reached a peak biomass of 3227 × 104 L-1, which accounted for only13.38%. When samples collected from other water bodies with similar trophic levels were compared, we found differences in the algae species functional groups. The potential reasons for the differences in algae functional group characteristics in the different water bodies in the region were water temperature and nutritional states.
基金support for a three-year project funded by the ARC(Australian Research Council funding scheme DP170101227)with which first author’s visiting fellowship was provided for his visit to UoW between Jan 2019 and Dec 2019+1 种基金support provided by the National Natural Science Foundation of China(No.12101554)the Fundamental Research Funds for Zhejiang Provincial Universities(No.GB202103001).
文摘This article addresses the problem of pricing European options when the underlying asset is not perfectly liquid.A liquidity discounting factor as a function of market-wide liquidity governed by a mean-reverting stochastic process and the sensitivity of the underlying price to market-wide liquidity is firstly introduced,so that the impact of liquidity on the underlying asset can be captured by the option pricing model.The characteristic function is analytically worked out using the Feynman–Kac theorem and a closed-form pricing formula for European options is successfully derived thereafter.Through numerical experiments,the accuracy of the newly derived formula is verified,and the significance of incorporating liquidity risk into option pricing is demonstrated.