The three-factor model of evaluating mining rights of coal resources based on options

Since mining rights of coal resources(for short MRCR) could be regarded as a multi-stage compound real option,the evaluation for MRCR can be better solved using op- tion theory than the NPV.In the former research,we developed a two-factor model of evaluating MRCR when the coal spot price and convenience yield are stochastic based on option theory.On the basis of this two-factor model,we set up a three-factor model of evaluating MRCR when the interest rate followed a stochastic process.Through a real example application,we found the model can get higher values than the two-factor model and the NPV.This is because considering the volatility of interest rate can improve the executive opportunity of MRCR.

The two-factor model of evaluating mining rights of coal resources based on options

MRCR could be regarded as a multi-stage compounding real option,based on option theory,assuming the convenience yield of coal reserves to be constant,built a one-factor model of valuating MRCR with the stochastic value of coal reserves.On the basis of our one-factor model,set up a two-factor model of evaluating MRCR assuming the convenience yield follows the mean-reverting process.When applied to valuate the MRCR of a coalmine,this model gives higher values than the one-factor model and the NPV.This is because the increase of convenience yield can improve the executive oppor- tunity of MRCR.

Comparative Analysis of Environment Right and Property Right of Environment Resources

The generation, connotation, property, subject and object, and contents of environment rights and environment resources property were studied. And based on these, the similarities and differences were discussed so as to master the connotation of environment resources property.

Relations between Environmental Right for Citizens and the Right to Use Environmental Resources owned by Company and Enterprise

From angles of administrative law and private law, the article analyzes relations between environmental right for citizens and the right to use environmental resources owned by company and enterprise and points out three principles to balancing two relations: A principle of equal protection, a principle that general interest is superior to special interest as well as taking an account for special interest, in specific circumstances, for example, in the circumstance that clashes between environmental and economic interests can not be avoided, policy makers can put an emphasis on more important social interest according after considering weight of each interest. Finally, the article reaches a conclusion that China should establish system of environmental right for citizens from legislative and administrative levels so that a harmonious society can be constructed with guarantee.

Research on Intellectual Property Rights Protection of Agricultural Plant Genetic Resources in China

On the basis of definition of agricultural plant genetic resources,this paper takes the two most important forms of intellectual property protection regarding agricultural plant genetic resources-patent rights and new plant variety rights as an example,to expound the current situation of intellectual property protection of agricultural plant genetic resources in China.It reveals the problems of intellectual property protection as follows:the awareness of intellectual property protection of agricultural plant genetic resources is weak;the system of laws and regulations is not sound;the protection system is not perfect;the management system lacks standardization.It further puts forward corresponding countermeasures and suggestions as follows:promote the protection awareness of agricultural plant genetic resources in whole society;enact special law system to protect agricultural plant genetic resources;improve the management system of agricultural plant genetic resources;strengthen the international protection of agricultural plant genetic resources in China.

Study on the rights and interests value of mineral resources and its evaluation method

The rights and interests value of mineral resources includes the prospecting rights value and the mining rights value. The mining rights value is made up of the min-eral resources value and the compensation value based on the inputs of capitals and labors in different exploration stage, the prospecting rights value should be equal to ex-ploration differential rent of resources. According to the stage characteristic of mineral resources exploration and development, the initial evaluating methods and models are used to evaluate the prospecting rights and mining rights value.

Power as Resource-Power as Discourse: An Overview Evaluation of the Key-Factors of “Wind Farms” and “Riparian Rights” as Sources of Power

Nowadays, the concept of power can illuminate the nature of contestation. Indeed, it is apparent that discourse coalitions exist both within the wind sector and the riparian corridors management. In the present study, a theoretical framework for policy power analysis is presented, while a balanced European and national energy policies representation reveals the positive and negative impacts, towards which both the above two power sources may be attributed. The “power” holistic approach is mainly determined in a wider social-economic, political, and environmental framework. This multidimensional and holistic approach is considered invaluable for humans/consumers, in order them to determine their capacities, priorities and perspectives for viable use of power within the above complex-structured framework. Finally, the study adopts a balanced reassessment of the existing policies, offering tentative proposals for reducing conflicts.

Property Rights, Institutions and Forest Resources Management in Developing Countries

The objective of this paper is to propose a conceptual framework stimulating the sustainable management of natural resources in Central Africa. Based on the forest resources, we show how good identification and allocation of property rights strengthen the joint management of forest resources. Cameroon is selected as an example, since the country represents one of the most forest-intense areas in Africa. In doing so, we first evaluate the performance of institutions in fostering sustainable forest management. Second we show how good elaboration and allocation of property rights may contribute to improving efficiency in forest management. Using the New Institutional Economic (NIE) theory we provide an outline of the potential relationships between forest management and property rights allocated to stakeholders involved in forest exploitation. Finally we provide two forms of institutional structures that could improve forest management efficiency: public-private partnership and multi-stakeholder management approaches. Public-private partnerships are joint project management processes operated by both private businesses and public entities in order to combine public prescriptive mechanisms with private operational roles. Multi-stakeholder management approach is also a co-management initiative combining public entities, private actors and local population to increase the involvement of local dwellers living in forest areas in the decision process.

Study on Construction of Database for Confirmation of Rural Homestead Right

Confirmation of homestead right is helpful for planning of rural construction land and comprehensive development of new socialist countryside construction. At present,China is carrying out confirmation of rural homestead right on a large scale. Theoretical analysis on construction of database for confirmation of rural homestead right is of great significance for promoting confirmation of rural homestead right. Using the Mapgis urban cadastral management system database,this paper studied the process of creating database for conformation of rural homestead right,and came up with recommendations for update and maintenance of the database.

Optimal allocation of land resources in the process of economic development

In this paper,the writer uses a mathematical model to analyze:a theoretical model of land resources optimal allocation with the constraint of sustainable development;equilibrium and defects of land resources allocation in a competitive market;and how effective governmental supervision can change the equilibrium in the market and promote the optimization of land resources allocation.The main points of this paper are:continuous and excessive conversions that change land resources from agricultural use to non-agricultural use in the process of economic development are economic rules;a competitive market is an important way to improve the efficiency of land resources allocation;effective governmental supervision can cover the shortage of market and promote the optimization of land resources allocation;a reasonable arrangement of land property rights can reduce the transaction costs of government management in optimizing land resources allocation;and,the targets of land resources optimal allocation are developing along with economic development.

Intergenerational Justice： Rights versus Fairness

Among various views on intergenerational justice, the most widely accepted theory invokes the rights of future generations. However, the rights theory seems to suffer from the non-identity problem addressed by Derek Parfit. Some rights theorists attempt to circumvent the problem by examining causal links between actions taken by preceding generations and their effects on succeeding ones, Others try to do so by replacing future individual rights with such collective rights. This paper argues that both individualist and collectivist versions of the rights theory fail to supply grounds for intergenerational concern. The paper then offers an alternative theory that refines the idea of duty of fair play developed by John Rawls and applies it to the context of intergenerational relationships. To begin with, I identify several characteristics of posterity and explicate the adverse implications these characteristics have for other major theories of intertemporal concern than the rights theory. Next, different versions of the rights theory are closely examined from the perspective of the non-identity problem. Then, I offer an alternative argument for caring about future people, which is founded on the idea of intergenerational fair play. This paper concludes by noting that the fairness theory, unlike its rivals, does not face the non-identity problem or any other problems stemming from the features of posterity previously identified.

Rebuilding water rights system from the perspective of usufruct

As the source of life,water is indispensable to human beings.Being aware of the water stress imposed by population growth,climate change,rapid urbanization,pollution,many scholars and decision makers argue that the establishment of water rights and their system is the primary measure to tackle the water crisis problem.However,no consensus has been reached regarding the definition,nature and content of water rights both practically and academically.By examining the existing theories regarding water rights,this article tries to redefine the entitlements from the aspect of civil law.Meanwhile,it provides a system which classifies various rights by the four functions of usufruct.

数据产权法律构造论

在数字经济环境中,数据已成为一种新型生产要素,需要更好地挖掘和开发其经济价值。数据不同于传统有体物以及知识产权客体的特征和属性使其在法律制度构建和运行上也具有特殊性。数据产权制度是数据基础制度的核心内容,其应涵盖保护数据主体合法权益、协调和平衡数据利益关系、促进数据有序流动和分享、促进数据要素利益公平分配等内容。数据产权的法律构造旨在建立数据资源持有权、数据加工使用权和数据产品经营权的数据动态流转和价值实现机制,最终服务于数字经济发展目标。

“数据二十条”下探析数据资源持有权的内涵及框架构建

《关于构建数据基础制度更好发挥数据要素作用的意见》(简称“数据二十条”)提出了以“数据流通激励”为主旨的数据产权结构性分置制度。对数据资源持有权的合理配置影响到数据利益的第一次分配,是实现数据“共同使用、共享收益”的战略性目标的基础。基于传统排他性产权思维下的数据资源持有权分配模式,皆存在加剧数据共同生产者之间利益冲突的可能性。本文提出在数据生产者之间以“1+N”模式配置数据持有权,即“特定数据生产者的在先持有权+N个其他数据生产者的访问权”模式,通过技术治理和透明度治理等工具的支持,探索符合数据经济发展规律的、公平的高效的新型数据产权制度。

数据资源持有权的法律解释

在大数据和人工智能技术的推动下,数据资源从单纯的信息载体转变为独立的价值来源,开始出现财产属性。但其所具有的非排他性、技术依附性等特征使得传统的信息权益与权利保护范式难以适用。数据资源的价值源于对数据的控制状态,这并非实体权利。数据资源持有权在法律上应解释为“持有主体合法控制数据资源并免受非法干扰和攻击的利益”。持有利益受侵害所造成的损失属于纯粹经济损失,应采用行为主义保护模式,通过侵权法一般条款进行救济。持有主体则应根据具体数据类型遵守相应的行为标准。此外,个人信息数据的相关规则是基于风险防范的考量,对数据所携带信息采取保护措施,个人信息主体属于数据来源者而非数据资源持有主体。

现代产业学院混合所有制办学的现实意义、机制架构与路径选择

现代产业学院混合所有制办学有助于优化产业资源市场化配置、推动人才培养理实一体化、促进产业经济高质量发展和强化校企合作共同体构建。基本机制包括组织管理的健全机制、优质教学资源的共建机制、教师教学创新团队的共管机制、教育教学模式的改进机制和发展成果的共享机制。应探索混合制管理体制、协同建设系列优质教学资源、协同管理高素质教师教学创新团队、协同改进教育教学模式和共同分享发展成果,规范与促进现代产业学院混合所有制办学。

主体资质欠缺之采矿权转让合同效力的裁判路径与规则重塑

主体资质欠缺之采矿权转让合同效力裁判路径的多样性与理论证成的多元性构成了司法实务的难点。主体资质欠缺之采矿权转让合同效力的判断与未经审批之采矿权转让合同效力的判断具有牵连性,但又呈现出独立的规则特征,其裁判路径的多元性以及理论阐释的多样性,决定了研究价值的继续存在。裁判规则的统一、诚信守约人的保护以及采矿权高效流转等价值目标对裁判规则的重塑提出制度供给的需求。《矿产资源法》修订应注意区分采矿权资质对采矿权持有与行使的不同关系,完成主体资质与合同效力的松绑,实现采矿权转让主体资质与采矿权转让合同效力的彻底剥离,同时应明确规定采矿权转让合同原则上自成立之日起生效,避免解释论层面的不必要纷争。此外,《矿产资源法》修订需严格绑定主体资质与采矿权行使的关系,将国家对矿业秩序的要求植入采矿权的具体行权过程。司法实践可考虑适用《民法典》第215条确立的区分原则,采合同有效说作为修法尚未完成的过渡方案。

知识产权是发展新质生产力的第一要素

生产要素、生产力与生产关系三者互动式发展,是人类社会进步的推动力量。从古典政治经济学到马克思主义的生产力理论及其中国当代“新质生产力”的理论创新,推动生产力发展的要素从“点状”到“面状”,已呈“立体状”。在新型生产要素及其组合创新中,知识产权是其内核。发展新质生产力,一方面要注重本土资源开发与知识产权保护,另一方面要将知识产权转化为现实生产力。同时,通过健全知识产权专门化审判体系,强化司法对新技术、新模式、新业态、新领域的促进作用,营造适应新质生产力发展的法律环境。在新质生产力的语境下,知识产权具有要素资源和法权双重属性,是发展新质生产力的第一要素。

关于水价、水权、水资源税费改革协同发力的思考

运用系统思维,深化水价形成机制、水权及水资源税改革,促进协同发力,是当前和今后一个时期深化水利改革的重点任务。文章在总结改革进展、分析新形势新要求的基础上,对水价、水权、水资源税费的基本属性、改革目的、重点内容进行理论解析,分析了三者间的耦合关系,提出了水价、水权、水资源税费改革协同发力的总体考虑和相关建议。

耕地保护补偿制度的定位反思与规范重构

研究目的:探析耕地保护补偿制度的立法定位,准确把握耕地保护补偿制度的调整范畴,为正在制定的《耕地保护法》关于“国家建立耕地保护补偿制度”提供具体的立法建议。研究方法:规范分析法和制度目标分析法。研究结果:(1)耕地保护补偿制度在认识论层面,耕地权利设限与补偿的法权基础模糊;在本体论层面,耕地保护补偿的内涵外延尚存争议;在价值论层面,生态供益与增益的激励属性无从彰显。(2)耕地具有资源利益和生态利益一体两面共存的属性,《耕地保护法(草案)》相关条款仍是在“资源—管制”立法理念下的产物,存在显著构造缺陷。(3)以补偿目的为基准,该制度涵盖耕地资源存续补偿与耕地生态保护补偿;以补偿属性为基准,该制度包括耕地保护填平补偿与耕地保护奖励补助。研究结论:建议通过“一般规定+具体制度群”的立法模式在《耕地保护法》中完善耕地保护补偿制度,从而实现该制度维护粮食安全和生态安全的目标定位、价值导向和功能预设。