This paper investigates an optimal investment strategy on consumption and portfolio problem, in which the investor must withdraw funds continuously at a given rate. By analyzing the evolving process of wealth, we give...This paper investigates an optimal investment strategy on consumption and portfolio problem, in which the investor must withdraw funds continuously at a given rate. By analyzing the evolving process of wealth, we give the definition of safe-region for investment. Moreover, in order to obtain the target wealth as quickly as possible, using Bellman dynamic programming principle, we get the optimal investment strategy and corresponding necessary expected time. At last we give some numerical computations for a set of different parameters.展开更多
The rice and wheat cropping pattern is one of the main cropping systems in the world. A large number of research results showed that successive cropping of rice and wheat resulted in a series of problems such as hinde...The rice and wheat cropping pattern is one of the main cropping systems in the world. A large number of research results showed that successive cropping of rice and wheat resulted in a series of problems such as hindering nutrition absorption, gradual degeneration of soil fertility, decline of soil organic matter, and increased incidence of diseases and pests. In China, especially in the Chengdu plain where rice-wheat cropping system is practiced, productivity and soil fertility was enhanced and sustained. This paper reviews the relevant data and experiences on rice-wheat cropping in the Chengdu Plain from 1977 to 2006. The principal sustainable strategies used for rice-wheat cropping systems in Chengdu Plain included： 1） creating a favorable environment and viable rotations; 2） balanced fertilization for maintenance of sustainable soil productivity; 3） improvement of crop management for higher efficiency; and 4） use the newest cultivars and cultivation techniques to upgrade the production level. Future research is also discussed in the paper as： 1） the constant topic： a highly productive and efficient rice-wheat cropping system for sustainable growth; 2） the future trend： simplified cultivation techniques for the rice-wheat cropping system; 3） the foundation： basic research for continuous innovation needed for intensive cropping. It is concluded that in the rice-wheat cropping system, a scientific and reasonable tillage/cultivation method can not only avoid the degradation of soil productivity, but also maintain sustainable growth in the long run.展开更多
The competence set analysis technology can be applied to solve the decision making problems successfully and satisfactorily. This paper mainly focuses on the expanding strategy research and development of the competen...The competence set analysis technology can be applied to solve the decision making problems successfully and satisfactorily. This paper mainly focuses on the expanding strategy research and development of the competence set under risk and uncertainty. A systematic expression of the competence set analysis is described, several expanding principles and strategies with regard to several different cases are presented, and their applications in the personnel training program are discussed, some conclusions and suggestions to be developed in a further work are included.展开更多
文摘This paper investigates an optimal investment strategy on consumption and portfolio problem, in which the investor must withdraw funds continuously at a given rate. By analyzing the evolving process of wealth, we give the definition of safe-region for investment. Moreover, in order to obtain the target wealth as quickly as possible, using Bellman dynamic programming principle, we get the optimal investment strategy and corresponding necessary expected time. At last we give some numerical computations for a set of different parameters.
基金funded by the National Key Technologies Research and Development Program of China(2006BAD02A05)the Science and Technology Project for Public (Agriculture)the Ministry of Agriculture, China (200903050-4)
文摘The rice and wheat cropping pattern is one of the main cropping systems in the world. A large number of research results showed that successive cropping of rice and wheat resulted in a series of problems such as hindering nutrition absorption, gradual degeneration of soil fertility, decline of soil organic matter, and increased incidence of diseases and pests. In China, especially in the Chengdu plain where rice-wheat cropping system is practiced, productivity and soil fertility was enhanced and sustained. This paper reviews the relevant data and experiences on rice-wheat cropping in the Chengdu Plain from 1977 to 2006. The principal sustainable strategies used for rice-wheat cropping systems in Chengdu Plain included： 1） creating a favorable environment and viable rotations; 2） balanced fertilization for maintenance of sustainable soil productivity; 3） improvement of crop management for higher efficiency; and 4） use the newest cultivars and cultivation techniques to upgrade the production level. Future research is also discussed in the paper as： 1） the constant topic： a highly productive and efficient rice-wheat cropping system for sustainable growth; 2） the future trend： simplified cultivation techniques for the rice-wheat cropping system; 3） the foundation： basic research for continuous innovation needed for intensive cropping. It is concluded that in the rice-wheat cropping system, a scientific and reasonable tillage/cultivation method can not only avoid the degradation of soil productivity, but also maintain sustainable growth in the long run.
基金National Natural Science Foundation of China (No. 79870030).
文摘The competence set analysis technology can be applied to solve the decision making problems successfully and satisfactorily. This paper mainly focuses on the expanding strategy research and development of the competence set under risk and uncertainty. A systematic expression of the competence set analysis is described, several expanding principles and strategies with regard to several different cases are presented, and their applications in the personnel training program are discussed, some conclusions and suggestions to be developed in a further work are included.
