Advanced Materials Research Vols. 926-930

Abstract: People are usually skeptical about the financial merit of safety investment due to inadequate demonstration of safety benefit. Many recent studies on safety economy fail to correlate safety outcome with specific safety investment and to consider its long-term effect. Also loss cost uncertainty is not properly addressed in current researches. In this report, we propose a methodology with the use of long-term financial analysis models. Loss cost is well presented through an innovative use of Poisson Distribution model. Financial indicators including NPV, IRR, T_pp, T_dppare used to figure out benefit of safety investment.A case study is introduced hereby to explore the availability of the methodology. Result shows that the proposed methodology is feasible. Financial analysis of safety benefit constitutes part of a full appreciation of safety investment outcome and could serve as indispensable information for decision-making.

Abstract: Risk management is one of the eternal themes of the commercial banks. Face unprecedented and increasingly complex financial risks, bankers are increasingly aware that the tools based data which analyze number of traditional risk management is not comprehensive and flexible. To effectively prevent and resolve commercial bank operating risks, enhance the core competitiveness of commercial banks and achieve sustainable development, it is necessary to develop financial engineering as an opportunity for the traditional risk management tools to conduct a holistic deep integration.

Abstract: The relationship between output value of forestry and forestry investment is considered as an imperative issue in forestry economy. In this paper, Granger causality tests are applied to examine the causal relationship between the output value of forestry and the forestry investment for China during 1998 to 2012. Empirical evidence reveals forestry investment and output value of forestry are co-integrated and there is unidirectional causality running from forestry investment to the output value of forestry but not vice versa. With the purpose of conquering the lack of forestry investment, government need to speed up the finance expenditure on forestry, to expand sources of forestry investment and to improve efficiency of investment.

Abstract: Missing data are often a problem in statistical modeling. How to estimate item parameters with missing data in item response theory (IRT) is an interesting issue. The Bayesian paradigm offers a natural model-based solution for this problem by treating missing values as random variables and estimating their posterior distributions. In this article, based on a data augmentation scheme using the Gibbs sampler, we propose a Bayesian procedure to estimate the multidimensional two parameter Logistic model with missing responses.

Abstract: With the growing size of the gold market, all kinds of gold investment varieties are constantly emerging, namely, meet the residents needs and requirements of the investment risk, also makes the prime financial rise. This paper analyzes quantify the risk of gold market fundamentals, and has a deep research on the historical development of the global gold market, global gold market developing trends and factors affecting the gold price. This paper focuses on analysis of VAR risk management theory and VAR-GARCH model. VAR-GARCH model can be more effective on the VAR value forecast, which is a better way to estimate the gold market risk. In addition, VAR-GARCH conditional variance model is also analyzed, and high-risk the real market is the corresponding.

Abstract: In order to further deepen the reform of the grain circulation system, speed up the strategic adjustment of economic structure and industrial transformation and upgrading of grain, food industry through social and economic benefits. This article from the current situation, problems, advantages of grain of HeNan, experience, trend analysis, this paper studies the innovation strategy of HeNan grain group management, food structure adjustment, establish long-term effective mechanism of industrialization, give play to the role of collective resources aggregation, strengthen the government macroeconomic regulation and control ability, enhance the international market competitiveness, realize the central plains economic zone construction, construction of national food core, farmers get rich, urban and rural residents' demand for food. Implement the strategy of innovation management strategy, strengthen leadership, overall coordination, perfecting the corporate governance structure, value chain and system building group, set up group risk prevention system, formulate the development strategy and strategy. Food resources province into a strong province of grain processing industry, and promote the development and revitalization of HeNan province.

Abstract: Aiming at the urgent requirement and characteristics of the road design process, this paper presents multi agent simulation approach to manage and optimize road design process effectively. Tasks decompose and management model for road design process based on multi agent were studied firstly. Road design process modeling and simulation based on multi agent were realized next. By the simulation, further optimization analysis to improve the road design process was carried out by rearranging tasks flow and organization structure. A real road design process was simulated, and the results showed the simulation evaluation indexes could effectively reflect the process performance.

Abstract: Developing the individual consumption credit business is beneficial to the expanding domestic consumption demand, and the growing of economic. At present, there exist many limitations in the development of consumer credit business in China's commercial Banks, and risk is gradually revealed. Based on the concept of financial ecology, this paper analyzed the necessity of construction of financial ecology system to individual consumption credit risk management. Considering that financial ecology and individual consumption credit risk management has the function of mutual promotion.

Abstract: Worldwide online retail sales continue to grow at a good pace. Online consumers purchase decisions are a very complex and robust subject. Consumers purchase decisions are greatly influenced by their attitudes, behavioral intention and local environmental security perception. The purpose of this study was to gain a better understanding that affect customer decision in online marketing from prospect theory perspective.

Abstract: Recently, the self-employed do not respect the land rights of farmers, forcing farmers to transfer land, free of illegal interception land transfer revenue; do not respect the wishes of farmers, forced recruitment of illegal occupation of farmer contracted land, to compensate for low prices, such as a very serious problem. Discussion from the institutional reasons, there are some flaws of the current land law system. From the theoretical construction site briefly describes the contents of the configuration pre-planning the construction site, the site specific design, site hardware and software facilities, administer the site core information website and promotion, website maintenance and other aspects of the latter.