Seismic Hazard Analysis — Quo vadis?

The paper is dedicated to the review of methods of seismic hazard analysis currently in use, analyzing the strengths and weaknesses of different approaches. The review is performed from the perspective of a user of the results of seismic hazard analysis for different applications such as the design of critical and general (non-critical) civil infrastructures, technical and financial risk analysis. A set of criteria is developed for and applied to an objective assessment of the capabilities of different analysis methods. It is demonstrated that traditional probabilistic seismic hazard analysis (PSHA) methods have significant deficiencies, thus limiting their practical applications. These deficiencies have their roots in the use of inadequate probabilistic models and insufficient understanding of modern concepts of risk analysis, as have been revealed in some recent large scale studies. These deficiencies result in the lack of ability of a correct treatment of dependencies between physical parameters and finally, in an incorrect treatment of uncertainties. As a consequence, results of PSHA studies have been found to be unrealistic in comparison with empirical information from the real world. The attempt to compensate these problems by a systematic use of expert elicitation has, so far, not resulted in any improvement of the situation. It is also shown that scenario-earthquakes developed by disaggregation from the results of a traditional PSHA may not be conservative with respect to energy conservation and should not be used for the design of critical infrastructures without validation. Because the assessment of technical as well as of financial risks associated with potential damages of earthquakes need a risk analysis, current method is based on a probabilistic approach with its unsolved deficiencies.

Traditional deterministic or scenario-based seismic hazard analysis methods provide a reliable and in general robust design basis for applications such as the design of critical infrastructures, especially with systematic sensitivity analyses based on validated phenomenological models. Deterministic seismic hazard analysis incorporates uncertainties in the safety factors. These factors are derived from experience as well as from expert judgment. Deterministic methods associated with high safety factors may lead to too conservative results, especially if applied for generally short-lived civil structures. Scenarios used in deterministic seismic hazard analysis have a clear physical basis. They are related to seismic sources discovered by geological, geomorphologic, geodetic and seismological investigations or derived from historical references. Scenario-based methods can be expanded for risk analysis applications with an extended data analysis providing the frequency of seismic events. Such an extension provides a better informed risk model that is suitable for risk-informed decision making.     

地质单位财务管理咨询刍议

地质单位对自身无力解决的重要财务管理问题应该寻求外部咨询机构的有效帮助，针对地质单位财务管理中存在的主要问题提出需要咨询课题，而咨询机构通过对地质单位的财务状况进行调查分析后，提出科学、合理有效的财务管理改善方案和指导实施方案。     

London and Frankfurt in Europe's evolving financial centre network

The launch of the Euro and the location of the European Central Bank in Frankfurt initially was seen as a threat to London's pre-eminent position in European financial geographies. This paper explains why in fact this was not the case. To do this, the paper is divided in two. Firstly, it reviews the literatures that help to explain financial geographies. It is argued that we need to move away from investigating attribute properties such as financial turnover and instead examine the role of networks and interdependencies in producing financial geographies. Secondly, it identifies London's dominance and Frankfurt's growth as a complementary centre through quantitative analysis and then explains how European networks and interdependencies produce this, based on insights from interviews with investment bankers and insurance institution workers in the two cities.     

四川省上市公司可持续发展财务问题分析

财务指标是企业盈利能力的反映。根据近几年的相关数据,通过对财务指标综合分析,探讨四川省上市公司的可持续发展状况。     

从全球生产网络到全球金融网络：理解全球-地方经济联系的新框架

全球化带来的新国际劳动分工使全球生产网络(Global Production Network, GPN)成为研究全球经济与区域发展的重要框架。与此同时,金融在现代社会经济运行中的地位日益提升,经济金融化在全球不同尺度下深刻影响着经济活动的空间分布和网络。因此,金融已经成为GPN研究不能忽略的重要环节。更重要的是,金融化带来的逻辑也日益深刻地影响到GPN的演化和运行。尽管GPN研究日益重视金融的作用,并开始研究金融业的全球生产网络,但是随着越来越多的企业通过获得国际股权投资或者在境外资本市场上市等方式融入全球资本市场,主要从生产角度理解地方经济融入全球过程的GPN难以对该现象深入分析。全球金融网络(Global Financial Network, GFN)为刻画和分析这个过程提供了新的框架。在这个分析框架中,地方经济体通过高级商业服务业(Advanced Business Service, ABS)企业与世界城市(国际金融中心)和离岸管辖区产生联系,从而融入GFN。论文介绍了GFN的基本结构,探讨了地方经济融入GFN的主要方式及其产生的影响。最后,提出GFN未来在理论和实证方面可继续深入研究的方向。     

Does geographic distance have a significant impact on enterprise financing costs?

Journal of Geographical Sciences - As information technology has been applied more broadly and transportation infrastructure has improved, persistent debate has existed as to the question of...     

中国银行业基层网点的空间演化机制

中国银行业改革持续深化,不同类型银行的业务限制和地域限制逐步取消,银行间竞争日益激烈,重新调整网点布局已成为各家银行应对措施之一。重点关注2007—2016年中国银行业基层网点的空间演化路径,在借鉴演化经济地理研究中产业关联思想的基础上,提出地方产业基础的金融关联度和区域间投资的金融关联度两个重要变量,以此构建解释框架。考虑到中国银行业渐进式的改革历程,按银行所有制及银行规模分组进行比较分析。研究发现：① 地方银行市场竞争越激烈会显著提升产业基础、投资流向的金融关联度在银行网点布局决策中的重要性,银行网点会向金融关联度高的地区集聚;② 各影响因素的作用机制随地方银行市场环境和银行成长过程发生变化,表现出阶段性特征;③ 银行的个体异质性也是影响银行网点空间演化路径的因素之一。     

Performance Enhancement of Multiuser Passive Time Reversal Communication Based on Space-Time Block Coding

Reliable,with high data rate,acoustic communication in time-varying,multipath shallow water environment is a hot research topic recently.Passive time reversal communication has shown promising results in improvement of the system performance.In multiuser environment,the system performance is significantly degraded due to the interference among different users.Passive time reversal can reduce such interference by minimizing the cross-correlated version of channel impulse response among users,which can be realized by the well-separated users in depth.But this method also has its shortcomings,even with the absence of relative motion,the minimization sometimes may be impossible because of the time-varying environment.Therefore in order to avoid the limitation of minimizing the cross-correlated channel function,an approach of passive time reversal based on space-time block coding (STBC) is presented in this paper.In addition,a single channel equalizer is used as a post processing technique to reduce the residual symbol interference.Experimental results at 13 kHz with 2 kHz bandwidth demonstrate that this method has better performance to decrease bit error rate and improve signal to noise ratio,compared with passive time reversal alone or passive time reversal combined with equalization.     

财政局地理信息系统的设计与实现

本文分析了当前财政局管理信息系统存在的问题,提出将地理信息系统技术、网络技术、数据库技术运用到财政管理中,建立财政局地理信息系统;文章重点研究了财政局地理信息系统的结构及功能,并结合北京市财政局地理信息系统开发实例,阐述了财政局地理信息系统的核心功能和系统实现方法。     

ANALYSIS OF LOCATION CONDITIONS OF FINANCIAL CENTRES IN CHINA

First of all, the necessity of establishing financial centres is expounded. The establishment of financial centres has a lot of benefits to the world economic development, China's economy and the occupied cities. The location conditions of financial centres may be summarized as follows: the location of trade centre, the factors of geographical position, the circumstances of finance, etc.. We consider that the first batch of financial centres in China should be established in the eastern cities of China. So 9 eastern cities in China are chosen as the spare financial centres. According to the location conditions of financial centres, 12 indices are chosen and the method of synthetic weighted average is used to find the best locations of financial centres. The conclusions are that the grade A financial centres should be in Shanghai and the grade B should be in Tianjin and Guangzhou.