Swarm stability is concerned for compartmental networks with linear time invariant high-order dynamical protocol. Compartmental network is a specific type of dynamical multi-agent system. Necessary and sufficient condition of swarm stability is given, which requires that the products of nonzero elements from the spectrum of the Laplacian matrix of the network and the spectrum of the dynamical protocol possess nonnegative real parts. Two numerical instances are illustrated.
{"title":"Swarm Stability of Compartmental Networks with Linear Time-Invariant High-Order Dynamical Protocol","authors":"H. Ma, N. Cai","doi":"10.1109/BCGIN.2011.138","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.138","url":null,"abstract":"Swarm stability is concerned for compartmental networks with linear time invariant high-order dynamical protocol. Compartmental network is a specific type of dynamical multi-agent system. Necessary and sufficient condition of swarm stability is given, which requires that the products of nonzero elements from the spectrum of the Laplacian matrix of the network and the spectrum of the dynamical protocol possess nonnegative real parts. Two numerical instances are illustrated.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"93 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116147612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Diffusion of technology innovation is the dissemination of the technology innovation among the potential users by some means. Since the effect of technology innovation to productivity depends on the speed and range of its diffusion, the diffusion of technology innovation is an important component of technology innovation theory. In this paper, it is proved that the basic S-type diffusion function is symmetric about its inflection point, and some discussion is made on Fishes-prr model. Furthermore, the single investment risk evaluation method and comparison and selection method of investment scheme in modern risk measurement methods are employed to high-tech investment, and some instances are illustrated to analyze the risk measure of the high-tech innovation projects. This is of much value for risk investment decision-making.
{"title":"Diffusion Model of Technology Innovation and High-tech Risk Measurement Method","authors":"Yanfang Wang, Xiaojie Zhou","doi":"10.1109/BCGIN.2011.51","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.51","url":null,"abstract":"Diffusion of technology innovation is the dissemination of the technology innovation among the potential users by some means. Since the effect of technology innovation to productivity depends on the speed and range of its diffusion, the diffusion of technology innovation is an important component of technology innovation theory. In this paper, it is proved that the basic S-type diffusion function is symmetric about its inflection point, and some discussion is made on Fishes-prr model. Furthermore, the single investment risk evaluation method and comparison and selection method of investment scheme in modern risk measurement methods are employed to high-tech investment, and some instances are illustrated to analyze the risk measure of the high-tech innovation projects. This is of much value for risk investment decision-making.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116534848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper introduces a method of Collateralized Debt Obligation pricing by using the α-stable Copula with the stochastic recovery. As an extension to the Gaussian copula, stable distribution has a heavy-tailed distribution and more parameters, and so it will fit the actual market better than Gaussian copula.
{"title":"Collateralized Debt Obligation Pricing with an Alpha-stable Copula","authors":"Biyuan Zhang, Shenghong Li","doi":"10.1109/BCGIN.2011.38","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.38","url":null,"abstract":"This paper introduces a method of Collateralized Debt Obligation pricing by using the α-stable Copula with the stochastic recovery. As an extension to the Gaussian copula, stable distribution has a heavy-tailed distribution and more parameters, and so it will fit the actual market better than Gaussian copula.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116088687","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In China, the application of fair value has gone through three phases among practitioners: first application, avoidance and re-application, and same things happened in academic circles. This article will start with statistical analysis and induction on research bibliographies that were published in economics and management journals originated from CSSCI to arrive at a conclusion that topics such as reliability of fair value measurement, value relevance, the relationship between fair value and earnings management are currently among the most concerned ones in studying fair value. Then take statistics of key words as reference to select bibliographies and elaborate the article from four aspects. Our results suggest that the research on fair-value auditing and the continuous all-around convergence of fair value accounting standards are the new trends.
{"title":"The Overview and Trend of the Research on Fair Value in China - Based on the CSSCI Data of Economic Management Periodicals from 1998 to 2010","authors":"Hao Yu-gui, Lou Ji-li","doi":"10.1109/BCGIN.2011.66","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.66","url":null,"abstract":"In China, the application of fair value has gone through three phases among practitioners: first application, avoidance and re-application, and same things happened in academic circles. This article will start with statistical analysis and induction on research bibliographies that were published in economics and management journals originated from CSSCI to arrive at a conclusion that topics such as reliability of fair value measurement, value relevance, the relationship between fair value and earnings management are currently among the most concerned ones in studying fair value. Then take statistics of key words as reference to select bibliographies and elaborate the article from four aspects. Our results suggest that the research on fair-value auditing and the continuous all-around convergence of fair value accounting standards are the new trends.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115082389","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
XBRL is the latest technology used in processing accounting information. The core part of XBRL is the development and application of taxonomy. In the trend of international convergence of accounting standards, more and more organizations and institutions develop their taxonomies based on the IFRS Taxonomy. Three IFRS Taxonomy extensions are analyzed in this paper. The features and prerequisites of their extension modes would provide theoretical guidance for the taxonomy development.
{"title":"Analysis of the IFRS Taxonomy Extension Mode","authors":"Ding Wang, Min Huang, Ying Wang","doi":"10.1109/BCGIN.2011.121","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.121","url":null,"abstract":"XBRL is the latest technology used in processing accounting information. The core part of XBRL is the development and application of taxonomy. In the trend of international convergence of accounting standards, more and more organizations and institutions develop their taxonomies based on the IFRS Taxonomy. Three IFRS Taxonomy extensions are analyzed in this paper. The features and prerequisites of their extension modes would provide theoretical guidance for the taxonomy development.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125442628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Recently, the e-contact center has gained great popularity among online companies as a preferred channel to communicate with their customers. An e-contact center is paid so much attention mainly because it provides human-touch service, which results in trust, affective commitment. These are critical factors which enhance network customer loyalty. This research will show that an e-contact center plays a more important role in improving customer loyalty than the traditional call center in the purchasing process. Finally, some advice is offered for companies which will help to establish lone term relationship with network customers.
{"title":"A Study on Network Customer Loyalty Based on e-contact Centers","authors":"Pan Ming, Guo Yi","doi":"10.1109/BCGIN.2011.158","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.158","url":null,"abstract":"Recently, the e-contact center has gained great popularity among online companies as a preferred channel to communicate with their customers. An e-contact center is paid so much attention mainly because it provides human-touch service, which results in trust, affective commitment. These are critical factors which enhance network customer loyalty. This research will show that an e-contact center plays a more important role in improving customer loyalty than the traditional call center in the purchasing process. Finally, some advice is offered for companies which will help to establish lone term relationship with network customers.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124546831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this research, we classified the various applications of Cloud Computing technologies in educational institutions. In addition, we identified the theoretical frameworks through which actual implementations can be evaluated. A case study was used to show the applicability of the theoretical frameworks. Upon completion of this research, a list of Critical Success Factors will be derived from both quantitative and qualitative data. The findings will provide support to planning and implementation of Cloud Computing technologies in educational institutions.
{"title":"Cloud Computing for Education: A Case of Using Google Docs in MBA Group Projects","authors":"X. Tan, Yongbeom Kim","doi":"10.1109/BCGIN.2011.169","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.169","url":null,"abstract":"In this research, we classified the various applications of Cloud Computing technologies in educational institutions. In addition, we identified the theoretical frameworks through which actual implementations can be evaluated. A case study was used to show the applicability of the theoretical frameworks. Upon completion of this research, a list of Critical Success Factors will be derived from both quantitative and qualitative data. The findings will provide support to planning and implementation of Cloud Computing technologies in educational institutions.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125120152","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper studies the portfolio selection problem under the fuzzy environment. First, we introduce the concept of CVaR of fuzzy variable, and then under this concept a fuzzy mean-CVaR model is proposed. In general it is impossible to find out the closed form solution, thus a hybrid intelligent algorithm is presented. Finally, an example is provided to examine our model.
{"title":"Fuzzy Portfolio Selection Based on Mean-CVaR Models","authors":"Jian-wei Gao, Xunan Zhang, Qingzhuang Wang","doi":"10.1109/BCGIN.2011.33","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.33","url":null,"abstract":"This paper studies the portfolio selection problem under the fuzzy environment. First, we introduce the concept of CVaR of fuzzy variable, and then under this concept a fuzzy mean-CVaR model is proposed. In general it is impossible to find out the closed form solution, thus a hybrid intelligent algorithm is presented. Finally, an example is provided to examine our model.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129670635","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Along with global economic and information technology swift development, eXtensible Business Reporting Language (XBRL) already has become a research focus in the recent years because of its economic significance. More and more researchers pay close attention on how to improvement the performance of XBRL system. With project practice, a new algorithm for taxonomy quick analysis is proposed in this paper. The algorithm can improve the performance of XBRL system remarkably. Through using the algorithm, the performance that user experienced can increase about eight times.
随着全球经济和信息技术的飞速发展,可扩展商业报告语言(eXtensible Business Reporting Language, XBRL)因其经济意义而成为近年来的研究热点。如何提高XBRL系统的性能越来越受到研究者的关注。结合工程实践,提出了一种新的分类快速分析算法。该算法可以显著提高XBRL系统的性能。通过使用该算法,用户体验的性能可提高8倍左右。
{"title":"An Algorithm for XBRL Taxonomy Quick Analysis","authors":"Liming Luo, Jianpeng Zhu, Ying Wang","doi":"10.1109/BCGIN.2011.93","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.93","url":null,"abstract":"Along with global economic and information technology swift development, eXtensible Business Reporting Language (XBRL) already has become a research focus in the recent years because of its economic significance. More and more researchers pay close attention on how to improvement the performance of XBRL system. With project practice, a new algorithm for taxonomy quick analysis is proposed in this paper. The algorithm can improve the performance of XBRL system remarkably. Through using the algorithm, the performance that user experienced can increase about eight times.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127314390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
this paper reviews the operational risk data of China's commercial banks from 1994 to 2008, and studies its type of distribution. In order to precisely capture the profile of the operational loss and event distribution of China's commercial banks, we select the operational risk loss distribution type with the Bayesian inference and test the GEV distribution on AIC and BIC standard. As closed-form solutions are not available for the operational risk distributions, we turn to the Bayesian MCMC algorithm for robust test on the selection. The result shows that with the increase of the iterations, the variance of estimated parameters becomes smaller, so we conclude that the operational risk loss distribution for China's commercial banks meets the Generalized Extreme Value (GEV) distribution.
{"title":"Calculation of Operational Loss Distribution via Bayesian MCMC Algorithm: Evidence from China's Commercial Banks","authors":"Fei Jin, Jun Wu, Qiren Liu","doi":"10.1109/BCGIN.2011.22","DOIUrl":"https://doi.org/10.1109/BCGIN.2011.22","url":null,"abstract":"this paper reviews the operational risk data of China's commercial banks from 1994 to 2008, and studies its type of distribution. In order to precisely capture the profile of the operational loss and event distribution of China's commercial banks, we select the operational risk loss distribution type with the Bayesian inference and test the GEV distribution on AIC and BIC standard. As closed-form solutions are not available for the operational risk distributions, we turn to the Bayesian MCMC algorithm for robust test on the selection. The result shows that with the increase of the iterations, the variance of estimated parameters becomes smaller, so we conclude that the operational risk loss distribution for China's commercial banks meets the Generalized Extreme Value (GEV) distribution.","PeriodicalId":127523,"journal":{"name":"2011 International Conference on Business Computing and Global Informatization","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126704079","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}