Zhejiang University of Finance and Economics

Hangzhou, China

Zhejiang University of Finance and Economics located in the picturesque city of Hangzhou, the capital of Zhejiang Province, Zhejiang University of Finance and Economics is a prestigious institution of higher education with economy-related disciplines as the key disciplines, ensuring a coordinated development of various disciplines, namely, Economics, Management, Humanities, Law, Science, Engineering and Arts. ZUFE, founded in 1974, was formerly known as Zhejiang Academy of Public Finance and Banking), and in 1987 she was renamed as Zhejiang Institute of Finance and Economics with the approval of the former State Education Commission. Then In 1991, the university was authorized as a bachelor’s degree granting institution, in 2003 an institution granting master’s degree, and in 2006, ZUFE got “Excellence” in the Undergraduate Teaching Quality Assessment initiated by Ministry of Education. In 2012, ZUFE became an institution qualified to grant doctoral degree in “National Special Needs Services Personnel Training Project”. In 2013, approved by the Ministry of Education, the university finally adopted the name Zhejiang University of Finance and Economics.ZUFE now includes three campuses: Xiasha Campus , Wenhua Campus and Chang’an campus, occupying an area of 2300 mu in total with the construction area of 0.97 million square meters. The university has 14 schools, 2 teaching centers, 1 independent college, 51 research institutes and centers, and it is entitled to confer bachelor’s degree, master’s degree and doctoral degree and is accredited to enroll international students and students from Hong Kong and Macao Special Administrative Regions. There are more than 24,000 full-time undergraduates and postgraduates studying here . The university possesses fixed assets under management as high as 1.647 billion, 10% of which are for teaching- and research-related equipment and facilities, the 71 specialized laboratories for instance. The university library holds a collection of more than 2.33 million volumes, 2035 academic journals, 4.67 million e-books and 30,000 e-journals; moreover, it has set up a featured sub-library particularly for the collection of the works of the Nobel Economics Prize Winners, works of ZUFE faculties and works related to Zhejiang Businessman.ZUFE at present offers one doctoral degree program in “National Special Needs Services Personnel Training Project”, 6 first-levelmaster’s degree programs in Applied Economics, Theoretical Economics, Business Administration,Public Administration, Law and Statistics, 44 second-level master’s degree programs and 6 professional master’s degree programs. In addition, the university owns 1 Zhejiang Provincial Philosophy & Social Science Key Research Base, 3 Provincial Humanities and Social Science Key Research Bases, 8 Provincial Key Disciplines, 2 Provincial Key Laboratories, 1 Provincial Key Innovation Team and 1 Provincial University Innovation Team. What’s more, the university consists of 45 specialties for undergraduate studies, including 4 state-level featured specialties, 2 specialties in state-level comprehensive reform pilot projects, 11 provincial key specialties, 6 provincial excellent specialties, 1 state-level teaching group, and 4 provincial teaching groups. As to the courses, the university provides 4 state-level Excellent Resource Sharing Courses, 4 state-level Excellent Courses, 29 provincial Excellent Courses, 10 state-level textbooks, 44 provincial key textbooks, as well as 1 provincial innovation experiment zone for personal training, 1 provincial innovation demonstration base for postgraduates and 7 provincial experiment teaching demonstration centers. In recent years, the university has got 4 state-level second-class Teaching Achievement Awards, 3 provincial first-class Teaching Achievement Awards and it is a member of the 31 State-level Demonstration Universities for College English.ZUFE has 1326 faculty and staff members, among whom 910 are academic staff including 155 professors and 324 associate professors, which accounts for 53% of the total number. The university has over ten top-level outstanding experts, including those who are nominated in the national project of “Hundred, Thousand, Ten Thousand Talents”, who are supported by Ministry of Education Program for New Century Excellent Talents, who receive the Government Special Allowance of the State Council, and those who are province- or ministry-level middle-aged and young experts for their outstanding contributions. In addition, the university has 91 experts supported by the New Century 151 Talents Project of Zhejiang province, 30 experts supported by Provincial Middle-aged and Young Talents project, 2 figures supported by Provincial Propaganda and Cultural System “Group of Five” Talent Program, 1 National Model Teacher and other 22 teachers who are Provincial Master Teachers, Provincial Teaching New Stars, Provincial Excellent Teachers and Advanced Individual of Provincial Teacher’s Ethics.In recent years, ZUFE has got 6 Excellent Research Achievement Awards of the Ministry of Education and other 24 province- or ministry-level Research Achievement Awards. The university has undertaken many top-level research projects including the followings: 1 Major Project of National Social Science Fund, 2 Sub-projects of National Science and Technology Major Project, 103 Projects of National Social Science Fund and National Natural Science Fund, 1 Major Project of Key Projects of Philosophy and Social science Research of the Ministry of Education, 378 other province- or ministry-level projects of humanities and social science. The above numbers rank forefront among Zhejiang provincial universities. The university has published 2769 academic papers in the journals indexed by CSSCI such asSocial science in China,Economic Research,Management World, andPhilosophical Researches, as well as 218 academic monographs. The two publications issued by our universityCollected Essays on Finance and EconomicsandYearBook of The Non-Public Sectors of The Economy in Zhejiangare published openly at both home and abroad while the former is listed as one of “national top hundred” Journals of Social science,Chinese Core Journals,Chinese University Core Journals of Humanities & Social science, and Chinese Social Science Citation Index Journals.ZUFE has constantly given high priority to the improvement of student quality by promoting educational reform and encouraging excellent students to take bi-degrees or change their original majors to their favorites. The university attaches great importance to a full range of cooperation and exchanges in international education. It has established close academic relations and collaborations with 73 universities in 21 countries by advancing international programs such as Teachers Exchange Program, Students Exchange Program and Credit Transfer System. Besides, the university has conducted several teaching programs like ACCA, CGA, Sino-US cooperation class and Sino-Canada cooperation class. Undergraduate supervisory system is now in full operation in ZUFE, which provides a good environment and system insurance for the development of students. During the past 5 years, ZUFE students have received 11 international, 41 national and 984 provincial awards in various disciplines and science and technology contests. The ZUFE graduates are widely welcomed by employers so that the initial employment rate has reached 95%.Inspired by its school motto “Achieve with moral excellence, progress with the Times” and adhering to the policy of “Managing school by law, making decisions democratically, respecting the talents, and governing academic studies by Professors”, Zhejiang University of Finance and Economics is vigorously implementing the development strategy of “running school with quality, improving school with talents, and strengthening school with research”, and striving to develop itself into a high-level university of finance and economics and a prestigious university with an outstanding reputation. Wikipedia.

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Yu D.,Zhejiang University of Finance and Economics
International Journal of Intelligent Systems | Year: 2014

The performance and development review (PADR) evaluation in a company is a complex group decision-making problem that is influenced by multiple and conflicting objectives. The complexity of the PADR evaluation problem is often due to the difficulties in determining the degrees of an alternative that satisfies the criteria. In this paper, we present a hesitant fuzzy multiple criteria group decision-making methods for PADR evaluation. We first develop some operations based on Einstein operations. Then, we proposed some aggregation operators to aggregate hesitant fuzzy elements and the relationship between our proposed operators and the existing ones are discussed in detail. Furthermore, the procedure of multicriteria group decision making based on the proposed operators is given under hesitant fuzzy environment. Finally, a practical example about PADR evaluation in a company is provided to illustrate the developed method. © 2014 Wiley Periodicals, Inc.

Wang Z.-X.,Zhejiang University of Finance and Economics
Computers and Industrial Engineering | Year: 2013

To accurately predict the main economic indices of high technology enterprises in China with nonlinear small sample characteristic, a new method for optimizing Nash nonlinear grey Bernoulli model (Nash NGBM(1,1)) is proposed in this study. Meanwhile, an optimized model is constructed to fully employ the predictive functions of original data information and solve optimum parameters. The process is indicated as follows: First, the merits and the disadvantages of the various approaches for ascertaining the initial conditions of the grey model are analyzed. Then, an optimized predictive function of the NGBM(1,1) is obtained by minimizing the error in the summed squares. Based on the function thus obtained, a nonlinear optimization model is developed to calculate the unknown parameters in the Nash NGBM(1,1). The results from a fluctuating sequence example and an actual case from the opto-electronics industry in Taiwan indicate that the optimized Nash NGBM(1,1) proposed in this paper gives a superior modeling performance. Finally, the main economic indices pertinent to high technology enterprises in China are forecasted using the optimized Nash NGBM(1,1) and relevant suggestions are made. © 2012 Elsevier Ltd. All rights reserved.

Zheng S.,Zhejiang University of Finance and Economics
Nonlinear Dynamics | Year: 2013

Synchronization of nonlinear dynamical systems with complex variables has attracted much more attention in various fields of science and engineering. In this paper, the problem of parameter identification and adaptive impulsive synchronization for a class of chaotic (hyperchaotic) complex nonlinear systems with uncertain parameters is investigated. Based on the theories of adaptive control and impulsive control, a synchronization scheme is designed to make a class of chaotic and hyperchaotic complex systems asymptotically synchronized, and uncertain parameters are identified simultaneously in the process of synchronization. Particularly, the proposed adaptive-impulsive control laws for synchronization are simple and can be readily applied in practical applications. The synchronization of two identical chaotic complex Chen systems and two identical hyperchaotic complex Lü systems are taken as two examples to verify the feasibility and effectiveness of the proposed controllers and identifiers. © 2013 Springer Science+Business Media Dordrecht.

Zheng S.,Zhejiang University of Finance and Economics
Nonlinear Dynamics | Year: 2012

This paper investigates the adaptive-impulsive projective synchronization of drive-response delayed complex dynamical networks with time-varying coupling, in which the weights of links between two connected nodes are time varying. By the stability analysis of the impulsive functional differential equation, the sufficient conditions for achieving projective synchronization are obtained, and a hybrid controller, that is, an adaptive feedback controller with impulsive control effects is designed. The numerical examples are presented to illustrate the effectiveness and advantage of the proposed synchronization criteria. © 2011 Springer Science+Business Media B.V.

Wang Z.-J.,Zhejiang University of Finance and Economics
Information Sciences | Year: 2015

Triangular fuzzy preference relation (TFPR) is an effective framework to model pairwise estimations with imprecision and vagueness. In order to obtain a reliable and rational decision result, it is important to investigate consistency and priority derivation of TFPRs. The paper analyzes existing definitions and properties of consistent TFPRs, and illustrates that they have no invariance with respect to permutations of decision alternatives. A new triangular fuzzy arithmetic based transitivity equation is introduced to define consistent TFPRs. The new transitivity equation reflects multiplicative consistency of modal values and multiplicative consistency of geometric means of triangular fuzzy estimations. Some properties are presented for consistent TFPRs, and a notion of acceptable consistency is put forward for TFPRs. Geometric mean and uncertainty ratio based transformation formulae are devised to convert normalized triangular fuzzy multiplicative weights into consistent TFPRs. A logarithmic least square model is further established for deriving a normalized triangular fuzzy multiplicative weight vector from a TFPR with acceptable consistency. A geometric mean based method is developed to compare and rank triangular fuzzy multiplicative weights. Three numerical examples including a group decision making problem are examined to demonstrate validity and advantages of the proposed models. © 2015 Elsevier Inc.

Yu D.,Zhejiang University of Finance and Economics
Applied Soft Computing Journal | Year: 2013

In this paper, the multi-criteria decision making problem with the assumption that the criteria are correlative is studied under intuitionistic fuzzy environment. Some new aggregation operators for intuitionistic fuzzy information are proposed, including the intuitionistic fuzzy geometric Heronian mean (IFGHM) operator and the intuitionistic fuzzy geometric weighed Heronian mean (IFGWHM) operator. We investigate the properties of the proposed operators, such as idempotency, monotonicity, permutation and boundary. Moreover, an approach is proposed for multi-criteria decision making based on IFGWHM operator. An example about talent introduction is given to illustrate the proposed method. © 2012 Elsevier B.V. All rights reserved.

Yu D.,Zhejiang University of Finance and Economics
International Journal of Intelligent Systems | Year: 2012

Intuitionistic fuzzy set was studied by many authors because it is a powerful technique to depict uncertainty, which is a set containing three functions: the membership function; the nonmembership function; and the hesitancy function. The aggregation of intuitionistic fuzzy values (IFVs) is of paramount importance in decision making. In this paper, we research IFVs aggregation problems, where there exist a prioritization relationship over the aggregated arguments. First, we propose the generalized intuitionistic fuzzy prioritized weighted geometric operator based on Archimedean t-conorm and t-norm. Then, some of its desirable properties and special cases are investigated in detail. Furthermore, a multicriteria group decision-making problems is formulated with IFVs using the proposed operator. Finally, the validity and applicability of the proposed method, as well as analysis of the comparison with different generator functions, are illustrated with a real example about talent introduction. © 2012 Wiley Periodicals, Inc.

Li Y.,Zhejiang University of Finance and Economics
Scientific Reports | Year: 2014

Humans constantly adjust their social relationships and choose new partners of good reputations, thereby promoting the evolution of cooperation. Individuals have to pay a cost to build a reputation, obtain others' information and then make partnership adjustments, yet the conditions under which such costly behaviors are able to evolve remain to be explored. In this model, I assume that individuals have to pay a cost to adjust their partnerships. Furthermore, whether an individual can adjust his partnership based on reputation is determined by his strategic preference, which is updated via coevolution. Using the metaphor of a public goods game where the collective benefit is shared among all members of a group, the coupling dynamics of cooperation and partnership adjustment were numerically simulated. Partner-switching behavior cannot evolve in a public goods game with a low amplification factor. However, such an effect can be exempted by raising the productivity of public goods or the frequency of partnership adjustment. Moreover, costly partner-switching behavior is remarkably promoted by the condition that the mechanism of reputation evaluation considers its prosociality. A mechanism of reputation evaluation that praises both cooperative and partner-switching behaviors allows them to coevolve.

Yu D.,Zhejiang University of Finance and Economics
Applied Soft Computing Journal | Year: 2014

In actuality, for example, the review of the National Science Foundation and the blind peer review of doctoral dissertation in China, the evaluation experts are requested to provide two types of information such as the performance of the evaluation objects and the familiarity with the evaluation areas (called confidence levels). However, existing information aggregation research achievements cannot be used to fusion the two types information described above effectively. In this paper, we focus on the information aggregation issue in the situation where there are confidence levels of the aggregated arguments under intuitionistic fuzzy environment. Firstly, we develop some confidence intuitionistic fuzzy weighted aggregation operators, such as the confidence intuitionistic fuzzy weighted averaging (CIFWA) operator and the confidence intuitionistic fuzzy weighted geometric (CIFWG) operator. Then, based on the Einstein operations, we proposed the confidence intuitionistic fuzzy Einstein weighted averaging (CIFEWA) operator and the confidence intuitionistic fuzzy Einstein weighted geometric (CIFEWG) operator. Finally, a practical example about the review of the doctoral dissertation in Chinese universities is provided to illustrate the developed intuitionistic fuzzy information aggregation operators. © 2014 Elsevier B.V.

Long Q.,Zhejiang University of Finance and Economics
Expert Systems with Applications | Year: 2014

This paper focuses on research on virtual supply chain networks instead of real supply chain networks by making use of agent technology and computational experiment method. However, the recent research is inefficient in computational experiment modeling and lack of a related methodological framework. This paper proposes an agent-based distributed computational experiment framework with in-depth study of material flow, information flow and time flow modeling in supply chain networks. In this framework, a matrix-based formal representation method for material flow, a task-centered representation method for information flow and an agent-based time synchronization mechanism for time flow are proposed to aid building a high quality computational experiment model for a multi-layer supply chain network. In order to conduct the model, a computational experiment architecture for virtual supply chain networks is proposed. In this architecture, coordination mechanisms among agents based on material flow, information flow and time flow as well as consistency check methods for computational experiment models are discussed. Finally, an implementation architecture of the framework is given and a case of virtual supply chain network is developed to illustrate the application of the framework. The computational experiment results of the case show that the proposed framework, not only feasible but correct, has sound advantages in virtual supply chain network development, computational experiment modeling and implementation. © 2014 Elsevier Ltd. All rights reserved.

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