Time filter

Source Type

Li X.-M.,Guangdong University of Finance
Proceedings - 2016 International Conference on Robots and Intelligent System, ICRIS 2016 | Year: 2016

On the basis of China's financial system and combined with the related theory of monetary stability and financial stability, this paper constructed the decision function among the central Banks, financial institutions and government departments, which forces the central bank independence, monetary stability and financial stability under a unified framework for analysis. At first, this paper analyzes the independence of the central bank on monetary and financial stability policy effective coordination and influence, and the establishment of a coordination mechanism model, then the model is solved, analyzes the policy formulation and implementation, and provide a basis for empirical research, finally has carried on the simulation case study. The results show that the model has certain guiding significance. © 2016 IEEE.

Chen Z.-Y.,Jinan University | Nie P.-Y.,Guangdong University of Finance
Applied Energy | Year: 2016

Almost all countries around the world concern about the emission of greenhouse gas. The most widely used model of carbon tax is based on complete competition model of energy market, which, however, cannot completely reflect the real condition. This article establishes a social optimal welfare model that based on oligopoly competition of energy department. According to the model, the article calculates the substitution elasticity of factors in China's energy sectors, non-energy department and consumption preference in domestic energy and non-energy commodities. Based on the social optimal welfare model, the effect on social welfare caused by carbon taxes in different links is further evaluated. The results show that a certain amount of carbon tax in the production link raises the social welfare, while in consumption and redistribution links lowers the social welfare. Specifically, the absolute value of marginal social welfare in the redistribution link is larger. Moreover, the values of the three types of carbon taxes vary under different redistribution demands though the variation trends of tax in the same link are similar. As a result, a small amount of carbon tax on the production link contributes to the growth of social welfare. © 2016 Elsevier Ltd

Liu Y.,Guangdong University of Finance
Computers and Mathematics with Applications | Year: 2013

In this paper, we determine a lower bound for the blow-up time of the nonlinear nonlocal porous medium equation under Robin boundary condition if the solution blows up. The conditions which ensure that the blow-up does not occur are also presented. © 2013 Elsevier Ltd. All rights reserved.

Xiao G.,Guangdong University of Finance
Lecture Notes in Electrical Engineering | Year: 2011

Domestic financial enterprise data management applications generally brings together the vast amounts of data, but can not find the relationship and business rules exists in the data to do risk prediction assessment. Therefore, the domestic financial companies need to accelerate the pace of information technology in regions of integration of customer resources, business analysis and investment decisions. This paper analyzes the risk assessment approach of banks, mainly focuses on the analysis of association rules data mining in bank risk assessment, and discusses the working principle of improved association rules algorithm genetic algorithm in commercial bank risk assessment. We described the methods and processes of system application. We select the matrix form, only scan the database once, and use the method of selecting assumption frequent items and numbers, find the frequent item sets through high end item sets, minimize the number of candidate data sets, greatly improve the efficiency of the algorithm. © 2011 Springer-Verlag Berlin Heidelberg.

Xiao G.,Guangdong University of Finance
International Journal of Advancements in Computing Technology | Year: 2011

The aim of this paper is to investigate the multiple attribute decision making problems to deal with supplier selection with intuitionistic trapezoidal fuzzy information, in which the information about attribute weights is completely known, and the attribute values take the form of intuitionistic trapezoidal fuzzy number. We developed a multiple attribute decision making method by closeness to ideal alternative in intuitionistic trapezoidal fuzzy setting. Then, we calculate the distances between the ideal alternative and all alternatives to determine the ranking of all alternatives. Finally, an example with supplier selection is given.

Luo G.,Guangdong University of Finance
Journal of the Franklin Institute | Year: 2014

We consider robust optimization equilibrium for the bimatrix game based on robust optimization method. In this paper, each player may neither exactly estimate his opponent's strategies nor evaluate his own cost matrix accurately while may estimate a bounded uncertain set. We obtain that the robust optimization equilibrium problem can be formulated as a mixed complementarity problem (MCP) under l1 l∞-norm. Some numerical examples are presented to illustrate the behavior of robust optimization equilibrium. © 2013 The Franklin Institute.

Li X.-M.,Guangdong University of Finance
Proceedings - 2015 7th International Conference on Measuring Technology and Mechatronics Automation, ICMTMA 2015 | Year: 2015

This paper concentrates on the problem of Input/Output efficiency between science-technology and finance, and this problem is of great importance for modern society development. Firstly, we illustrate the analytic hierarchy process, which can adopt the relative evaluations computed by a decision maker. Considering the standard analytic hierarchy process model needs to exact judgments, it is impossible to obtain precise judgments by AHP. Therefore, we introduce fuzzy theory to the standard analytic hierarchy process. Secondly, an index system for the input/output efficiency evaluation problem is proposed, which covers two goals: 1) Financial investment, and 2) Science and technology output. Particularly, thirteen indexes are included in this index system. Finally, in the experiment, we collect experimental data from Chinese statistical yearbook, and experimental results demonstrate the effectiveness of our method. © 2015 IEEE.

Liu Y.,Guangdong University of Finance
Mathematical and Computer Modelling | Year: 2013

This paper deals with the blow-up of the solution to a non-local reaction diffusion problem under nonlinear boundary conditions. Lower bounds for blow-up time are derived when the blow-up does occur. © 2012 Elsevier Ltd.

Zhang L.,Guangdong University of Finance
Mathematical Problems in Engineering | Year: 2014

This paper considers a continuous-time mean-variance asset-liability management problem with incompletely observable information. An investor can only observe the prices of the asset and liability and the dynamics of the unobservable states of the underlying financial market is described by a hidden Markovian chain. The price of the risky asset is assumed to be governed by a hidden Markovian regime switching geometric Brownian motion and the liability is assumed to follow a hidden Markovian regime switching Brownian motion with drift, respectively. The appreciation rates of the risky asset and the liability are modulated by the hidden Markovian chain. By using the separation principle, the filtering-estimation problem and the mean-variance asset-liability management problem are discussed. The explicit expressions for the optimal asset-liability management strategy and the mean-variance efficient frontier are determined by using the stochastic maximum principle. © 2014 Ling Zhang.

Liu Y.,Guangdong University of Finance | Luo S.,Guangdong University of Finance | Ye Y.,Hubei University
Computers and Mathematics with Applications | Year: 2013

This paper is concerned with the blow-up of the solution to a parabolic problem with a gradient nonlinearity under nonlinear boundary conditions. Lower bound for blow-up time is derived when the blow-up does occur. © 2013 Elsevier Ltd. All rights reserved.

Loading Guangdong University of Finance collaborators
Loading Guangdong University of Finance collaborators