Influence of cultural factors on price clustering and price resistance in China's stock markets

This paper builds on prior research by analysing the impact of cultural factors on both price clustering and price resistance in China's stock markets. The results support the presence of cultural factors impacting on price clustering with the digit 8 showing a higher propensity for clustering and the digits 4 and 7 showing a lower propensity in the A‐share market, where stock is denominated in renminbi and traded by mainland Chinese. These results are further supported by an analysis of the B‐share market, where cultural factors have no (or less) impact on the price of Chinese stocks traded by foreign investors in US dollars (or in Hong Kong dollars). A range of measures for price resistance show the digits 0 and 5 to be significant resistance points in the A‐share market. Although digit 8 cannot be considered as a resistance point, its resistance level is highest among the remaining numbers. In conclusion, cultural factors help to explain not only price clustering in the Chinese stock markets but price resistance levels as well, albeit at a weak level.     

缸套激光淬火的网格化效应

研究了缸套材料激光淬火的网格化效应，分析了不同淬火道方向对材料副耐磨性的影响，提出了一种适用的表面硬化模型。     

Departures from Everyday Resistance and Flexible Strategies of Domination: The Making and Unmaking of a Poor Peasant Mobilization in Bangladesh

James Scott's influential work has popularized the notion that everyday resistance among the peasantry takes covert and backstage forms, termed 'weapons of the weak'. This paper, however, provides a case study involving transformation of covert resistance and outward compliance of the poor into open dissent and confrontation with power-holders, though falling well short of the limiting conditions of rebellion or revolution. Such instances serve to dispel the notion that poor and weak groups adopt only covert forms of resistance in their everyday existence. The paper takes up the questions of why, and under what circumstances, such transformation of covert resistance into overt forms can come about. These issues are explored using evidence from a poor peasant mobilization in rural Bangladesh during the parliamentary election of 1986. The analysis shows that there were sequential shifts in the respective strategies of domination and resistance of the rich and the poor, which shaped each other interactively over a dynamic trajectory. Such adaptive and variable responses require an approach that can accommodate flexibility and substitution in the strategies adopted by the weak and the powerful. These also call for further exploration and analysis of the middle ground between everyday and exceptional forms of resistance.     

Salesperson Resistance to Sharing Market Intelligence in Sub-Saharan Africa

This article presents a framework for exploring salesperson(s) resistance to sharing market intelligence in emerging markets in Sub-Saharan Africa. The authors propose that resistance to sharing market intelligence with relevant others, including the firm, coworkers, intermediaries, and sales managers, is a function of various individual, leadership, and organizational (firm) factors. This framework helps researchers understand how and why resistance develops among salespeople. Moreover, implications from these findings are presented to assist practitioners who wish to persuade and encourage African salespeople to share market intelligence for the benefit of their firms.     

宝钢四种钢渣微粉对水泥性能的影响

钢渣是一种重要的可回收资源,具有潜在水硬性。本文为探索宝钢四种钢渣以微粉形式回收利用的可行性,研究了该四种钢渣的易磨性,以及在不同掺量条件下钢渣微粉水泥的性能特点。     

Does Greater Amount of Information Always Bolster Attitudinal Resistance?

Previous research suggests that attitudinal resistance to information that challenges a prior evaluation increases with the amount of information underlying the prior evaluation. We revisit this proposition in a context in which a set of important claims about a target brand are presented either alone—a lower amount of isolated information—or along with other favorable, but less important claims—a higher amount of embedded information. Results from two experiments show that when the challenge occurs immediately after the initial evaluation, a greater amount of embedded initial information does produce greater attitudinal resistance. However, when the challenge occurs after a delay, a lesser amount of isolated information produces greater attitudinal resistance. The findings qualify previous assumptions about the role of prior information in attitudinal resistance, and support a constructive view of judgment revision and attitudinal resistance.     

晶须的阻燃防火应用

本文介绍了水合碱式硫酸镁晶须和硫酸钙晶须在阻燃防火中的应用。     

Fungicide resistance and misinformation: A game theoretic approach

Fungicide resistance is a serious problem for agriculture today. This analysis provides additional insight into the strategic behavior of farmers when their fungicide use generates a negative intertemporal production externality in the form of fungicide resistance. We find that when farmers encounter this type of externality, they choose fungicide levels that exacerbate fungicide resistance. We examine a compensation mechanism in which a farmer reduces fungicide use in exchange for a transfer. This mechanism reduces fungicide use; however, misinformation about the severity of fungicide resistance generates distortions. We find that one-sided misinformation could lead a farmer to choose socially optimal fungicide levels, which makes the compensation mechanism less necessary. In addition, we show that when both farmers are misinformed, the mechanism could lead farmers to choose fungicide levels below the socially optimal level depending on their pessimistic beliefs about the severity of fungicide resistance.     

道德型品牌危机事件的溢出效应及应对策略研究

本文聚焦于道德型品牌危机事件对品牌的负面影响以及对品牌群内其他品牌的溢出效应。文章基于挫折-攻击理论和情绪应对理论,通过问卷调查法构建道德型品牌危机事件对消费者反应(抵制态度、负面口碑传播、购买意愿)的影响机制模型,并通过实验方法分析受到波及的企业如何应对负向溢出效应。研究结果表明,消费者对此类危机事件的关注和其民族中心主义会引起消费者进攻型负面情绪和规避型负面情绪的双重变化,但是只有进攻型情绪能够导致消费者对事件品牌和其他关联品牌的系列反应;受到波及的品牌短期内宜采用沉默而非辩解策略来化解负向溢出效应。本文结论为有关道德型品牌危机事件的研究提供了新的视角,并为外国和本土品牌在此类危机事件中如何应对提供了有针对性的管理建议。     

Classical Swine Fever Changes the Way Farmers Value Pigs in South Africa

Although there is growing demand for animal products in Africa, production is stagnating. Appropriate management of livestock diversity could help reinvigorate production, contribute to food security and improve farmers’ livelihoods, particularly in subsistence‐oriented systems. We assess differences in farmers’ preferences and economic values for pig traits across different production systems and across areas that have been affected and unaffected by classical swine fever (CSF). Not surprisingly, market‐oriented farmers derived higher values from the productive traits such as heavy slaughter weight and large litter size found in exotic pig genotypes. Subsistence‐oriented farmers, particularly in swine fever affected areas, placed high value on tolerance to disease. We found that CSF changed farmers’ preferences for adaptive traits, and less so for productive traits. Therefore, indigenous breeds become more valuable for subsistence farmers and crossbreeds for market‐oriented farmers if CSF is a risk. Our results can have implications for breeding and conservation strategies and for compensation strategies after culling, and will become increasingly relevant if, as predicted, heat waves and disease outbreaks become more frequent in pig production systems in South Africa with climate change.