Carl Graham Fisher Mr. Miami Beach and much more

Carl Graham Fisher, an Indiana native, was the man who—among other accomplishments—conceived and built Miami Beach, Montauk Manor (on Long Island), the Indianapolis Speedway, and the country-crossing Lincoln and Dixie highways (which foreshadowed today's interstate highway system). Born into poverty, Fisher left home at age 12 to support his family. He made a name for himself in bicycle endurance racing and thereafter opened a bike shop and eventually an auto dealership. In 1904 he met and invested in an entrepreneur who owned the patent for an automobile-headlight design, which made both men rich. Fisher parlayed his new fortune into the Indianapolis Speedway, which he conceived as a test track for American automobile engineers. His disdain for U.S. roads and his familiarity with U.S. automakers led to his proposal to finance privately a coast-to-coast “Lincoln Highway,” paid for by donations from automobile industrialists. Once that project was underway, Fisher turned his sights to Florida, where he recognized the potential of a swampy, mosquito-infested Miami Beach. In 1912 he bought up much of the island, built the extravagant Flamingo Hotel, and commissioned a bridge to the mainland. Since Fisher spared no expense, Miami Beach soon became a popular wintertime destination for the nation's newly rich elite. Next, Fisher looked north and found on Long Island the perfect summer-vacation spot for his winter Miami Beach clientele. He turned Montauk into a gleaming resort community complete with excellent hunting, fishing, all types of recreation, a yacht club (with man-made ocean access), casino, and much more. In 1927, however, a severe storm battered Miami and choked off the winter business. Then came the Great Depression, which effectively eroded Fisher's real-estate empire and forced him into bankruptcy. Fisher died in 1939, with less than $55,000 to his name.     

Fisher判别分析及R语言实现

多元统计Fisher判别分析方法已被广泛应用于自然科学和社会科学的各个领域。而在现实处理多元数据Fisher判别分析中,利用R软件是最方便、最简单、最易学的。R软件由于其免费、开源、强大的统计分析及其完美的做图功能已得到越来越多人的关注与应用,而且,根据不同的情况,可以修改别人的程序,比较方便。     

The Economic Lessons of Fisher Body–General Motors

The Fisher Body–General Motors case illustrates the costs of using inherently imperfect long‐term contracts to solve potential holdup problems, and therefore the advantages of vertical integration. Fisher Body held up General Motors by renegotiating its body supply contract so that, contrary to the original understanding, General Motors made half of the required investments in new body plants. This led to a decline in Fisher Body’s capital to sales ratio and, under the unchanged cost‐plus contract terms designed to provide Fisher Body with a return on its equity capital investments, produced a substantial wealth transfer from General Motors to Fisher Body. General Motors accepted this unfavourable contract adjustment because it was operating under a long‐term exclusive dealing contract that limited its ability to negotiate with Fisher over co‐located body plants. The exclusive dealing contract designed to protect Fisher Body’s original GM‐specific capacity investments against a potential holdup by General Motors thereby created a Fisher Body holdup of General Motors. The way in which Fisher Body accomplished its holdup demonstrates the importance of distinguishing inefficient holdup threats from efficient actual holdups.     

基于核Fisher鉴别分析的网络入侵检测算法

提出了一种将核Fisher鉴别分析特征抽取与多分类支持向量机算法结合的网络入侵检测技术,扩展了二分类支持向量机．利用经过核Fisher鉴别分析特征抽取后的训练数据构造优化的决策树,从而实现支持向量机的多分类。实验结果表明该算法能够提高检测正确率,同时降低训练时间,取得了良好的效果。     

我国股票市场费雪效应的误差修正模型检验

持有股票是否能够预防通货膨胀,这要依赖于股票市场是否存在费雪效应。目前,研究费雪效应的文献一般将股票市场作为一个整体来看待,主要考虑时间因素和通货膨胀本身的特点对费雪效应的影响。除了考虑时间和通货膨胀因素外,本文还按照金融资本和总资本比率的高低来选择不同的行业作为研究对象,旨在研究费雪效应与股票所在的行业之间的关系。经研究,本文得出费雪效应与股票行业存在显著的联系,即费雪效应一般只存在于金融资本比率不太高的行业。     

Stabilizing the rouble: Is there a case for a new Fisher rule?

The management of the exchange rate by the Russian authorities obviously lacks both effectiveness and efficiency. “Black Tuesday” has vividly shown how vulnerable the rouble is to speculative attacks. In this article, a “classical” proposal is evoked and is discussed as an alternative to the present exchange-rate policy from the sustainability point of view.