Predation and network based price discrimination in Chile

This paper uses a model of strategic interaction among firms –that set discriminatory and nonlinear prices– in addition to public information on prices of the plans marketed by the three major mobile phone companies, to assess the extent to which on-net/off-net price differentials in the plans they offered could represent predatory practices in the mobile telephony market in Chile. The results show that the largest companies offered a few plans with an off-net/on-net price differential larger than what a competitive theoretical model predicts. This larger differential is consistent with the notion of predation defined by Hoernig (2007) as reducing a competitor's profits. Despite the fact that these plans were a small fraction of all the plans mobile phone firms offered, they were recently banned by the antitrust authority because of their potential anticompetitive effects.     

基于PCA-BP-GA的BOT项目风险预测研究

由于BOT项目本身的长期性和复杂性,所以在BOT项目实施前需要准确科学的预测出所面临的风险大小。针对BOT项目风险影响因素众多的问题,先利用主成分分析法进行降维,然后利用遗传算法找出BP神经网络的最优全值阈值,建立了PCAGA-BP BOT项目风险预测模型。同时将以往的BOT项目数据作为学习样本,对BOT项目风险进行预测,并利用某地污水厂的例子进行验证,说明此模型对实际工程的科学指导性。     

Operating efficiency in Chinese universities: An extended two-stage network DEA approach

The result shows that it accepts the null hypothesis. Namely, there is no significant difference in the operating efficiency of universities in different regions. That is to say, although the efficiency of the central and western universities is slightly better than that of the eastern universities in terms of the average efficiency, there is no significant efficiency difference among the eastern, central, and western regions statistically. Therefore, it shows a balanced development trend for the efficiency of universities in different regions.     

Spillovers between sovereign CDS and exchange rate markets: The role of market fear

As important variables in financial market, sovereign credit default swaps (CDS) and exchange rate have correlations and spillovers. And the volatility spillovers between the two markets become further complicated with the effect of market fear caused by extreme events such as global pandemic. This paper attempts to explore the complex interactions within the “sovereign CDS-exchange rate” system by adopting the forecast error variance decomposition method. The results show that there is a relatively close linkage between the two markets and the total spillover index of the system is dynamic. For most of the past, the exchange rate has a higher spillover effect on the sovereign CDS than vice versa. Moreover, after the market fear variables are introduced, the “sovereign CDS-exchange rate” system and market fear variables present bidirectional spillovers. The results of the study have particular significance for maintaining the financial stability and preventing risk contagion between markets.     

An Application of the Dynamic Network DEA Model: The Case of Banks in Taiwan

ABSTRACT

In this study, we apply the dynamic network slack-based measure data envelopment analysis model (DNSBM) to measure the efficiency of Taiwanese banks during the period 2005–11. Using the network structure, we define intellectual capital creation capability as one of the production stages. In order to capture the dynamics of the transformation process, the nonperforming loans and loan loss reserves are defined as carryover items. This study offers sufficient information for managers to understand not only the overall performance of their banks but also the efficiency of each production stage and the dynamic changes of the overall and divisional efficiencies.     

Are the kinship networks a resource or a curse for small firms in post-communist countries? The case of Albania

Cross-sectional data are compiled from the 2002, 2005, 2008 and 2012 World Bank Living Standards Measurement Study databases for Albania. Based on responses from 1169 firms, the entrepreneurs’ kinship networks are found to influence firm activity in a positive and negative way. The positive contribution occurs through employment, be it formal or informal. The persisting impact of the kinship networks fades away, and business and friendship networks have gained importance in recent years.     

移动网络数据中大数据处理的关键技术探索

最近几年以来,我国科技水平持续提升,计算机网络技术也逐渐在各行各业中获得了广泛运用,这也使得信息技术的深度融合发展受到一定的促进,数据规模愈发庞大,在此背景下,开始演变成大数据供不应求的状况。为此,国内陆续推出了一系列相关的管理法规与条例,同时扩大了对大数据的探究创新力度,有效提升了移动通信网络处理数据的速度,这同时促使国内移动通信网络中有关大数据的研究内容更为明晰,由此可知,针对大数据的相关研究具有一定必要性。     

卷接包集控系统网络结构的规划分析

为解决绵阳卷烟厂卷包生产过程中存在的设备自控关联性差、连锁方式难以改变、分散的设备与生产运行难以监控、生产管理模式难以满足柔性化生产等问题,引进了卷包集控系统,并对该系统的三层网络结构进行了规划设计、对比分析。通过改变三个网络层次之间的连接方式、网络拓扑结构,使卷接包生产因集控系统网络故障引起的停机时间降到最低。应用效果表明,改进后的网络结构有利于缩小网络规模,控制网络风险,保证数据交换,避免I/O整体失控,有效提高了通信网络的安全性和稳定性及网络资源的利用率。     

全球价值链下中国增加值贸易的核算及网络特征研究

基于投入产出模型和社会网络分析，利用世界投入产出表相关数据，对2000—2014年中国的增加值贸易进行核算，并分析全球增加值贸易的网络特征。研究结果显示：（1）从出口目的地来看，中国向美国、日本、德国等国家的增加值出口较大；（2）从行业来看，中国的纺织业、除汽车和摩托车之外的其他产品批发业、采矿业等行业的增加值出口较大；（3）根据网络密度的计算结果，世界范围的各国（地区）贸易联系程度在增强；（4）中国的相对点度数和点强度有上升的趋势，而日本和美国有下降的趋势，说明中国在世界增加值贸易格局中的地位在提升，不过美国仍在世界增加值贸易格局中占据主导地位；（5）核心边缘分析结果表明核心国家（地区）的数目经历了先增加后减少的过程，边缘国家（地区）数目则先减少后增加。其中，中国的核心度一直在增加，日本和美国的核心度呈现下降的趋势。因此，为了扩大增加值贸易，增强国际贸易的话语权，中国政府有必要采取调整进出口税率等政策，并重视与美国等国家的双边贸易合作，以实现双赢的结果。     

Tariffs and formation of free trade agreements networks

This paper examines the formation of bilateral free trade agreements (FTAs) on the basis of country heterogeneity in the tariff level. We demonstrate that a country's unilateral incentive to form an FTA depends on the relative magnitudes of the (negative) market concession effect and the (positive) market expansion effect, both of which are determined by the tariff levels of the two FTA partner countries. Global welfare is maximised when all country pairs form FTAs. Two countries in equilibrium are more likely to form an FTA when their tariff gap is smaller or when their tariff levels are neither very high nor very low. This finding is robust to several extensions of the model. Our preliminary empirical analysis provides some evidence for the finding.