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Fourthly, this paper constructs a dynamic model of the choice between fixed-price offerings and auctions in EPOs in China, in the basic of the incomplete information game theory. The model discusses the total revenue of new issuer from IPO and SEO, bidding strategies and payoff of investors, the choice of selling method.

本文将招股机制主要分为固定价格发行（将累计投标询价方式纳入固定价格发行范畴）和竞价发行两种方式，以发行人联合收益最大化为分析框架，建立模型，在两种招股机制下分别考察发行人的联合收益、投资者的申购策略和申购效用、发行中的抑价等，论证发行人对招股机制的选择。

This algorithm constructs a set of linear equations. As a result, the relation of the reconstructed design variables and the original design variables is derived, the variable number of optimum design is decreased from m + n + 2 to 4, and the equality constraint optimization problem is converted into reduced- dimension no equality constraint optimization problem.

该算法通过构造一组线性方程，得到了由重构设计变量到原设计变量的映射关系，使优化设计的变量由原来的m + n + 2个减少到4个，并将有等式约束优化问题转换成降维的无等式约束优化问题。

In view of the rheological property of the heavy oil in Bo-hai field, this paper deduces the multilateral wells'production model of Non-Newtonian Bingham fluid with equiangular transformation method. In view of the multilateral wells Bo-hai, the paper analyses the multilateral wells'capitalized cost composition, including pre-drilling engineering, drilling engineering, completion engineering and production engineering. It also constructs the multilateral wells'economic benefit models basing on net present value, inner rate of return and payback period.

针对我国渤海油田稠油的流变特性，运用保角变换方法，推导了非牛顿Bingham流体的分支水平井产能模型；针对渤海油田的分支井，从钻前工程、钻井工程、完井工程、采油工程等方面对分支井的投资成本费用构成进行了具体分析；最后以净现值、内部收益率、投资回收期经济评价指标为基础，建立了海上分支井经济效益模型，并根据所建模型应用VB。

It employs the complex-valued step function to build neural model, then constructs network structure and decides the number of neurons; it adopts complex-valued Hebbian rules and inner product way to calculate the net weight matrix; then it analyzes the convergence of the network by taking advantage of the definition of energy function. In the image pre-processing stage, 2-dimensional Fourier Transform and Euler's formula are used, respectively, to transfer a gray-scaled image into phase information needed by the complex-valued neural network when stores the traffic sign. In the image post-processing stage, phase inverse transformation is used to change the phase image to gray-scaled image.

采用复数阶跃函数构建了神经元模型，建立了复数Hopfield神经网络结构，并且确定了网络中神经元的个数；借助复数Hebbian学习规则和复数内积法给出了网络权值的确定方法；借用复数网络能量函数的定义，说明了复数识别网络的收敛性；在前期的图像数据处理部分，分别使用离散二维傅里叶变换和欧拉公式，给出了将灰度图像数据转化为复数网络所需要的相位信息的方法，实现了网络对路牌的记忆存储；在后期的图像还原部分利用相位逆变换的方法，实现了相位图到灰度图转化。

Based on a lot of empirical analysis, the author summerizes that the historical premises of mergers in the United States include of the development of modern-enterprise、the technical innovation、the expansile demand and the development of capital market, surveys the developments and characters of mergers in the United States. From Marx's capital concentration theory to the arguments between structure school and conduct school, from the theories of economists at the present age abroad to the achievements of the learned men in China. the author surveys the theorical developments of merger. Making a clear definition of the concept and premises of self-organizational merger on the hypothesis that enterprise is a kind of self-organization, futhermore, the author constructs the theoretical frame of self-organizational merger.

主要内容有：在对大量实证材料分析的基础上，归纳出美国企业兼并的历史前提是现代企业形成与发展、技术上的创新、市场需求的扩大和资本市场的发展，阐释了美国企业兼并的历程与特点；从马克思的资本集中理论，到结构主义与行为主义的争论与分歧，从当代经济学家们的若干理论，到中国学者对企业兼并的认识，跟踪考察了企业兼并理论的起源与发展；从企业是自组织系统的假设出发，界定了企业自组织兼并的内涵，提出了企业自组织兼并存在的条件体系，构建了市场结构、企业自组织兼并行为、产业绩效、政府调控的企业自组织兼并理论的SCPG分析框架，分析了企业自组织兼并理论的贡献。

In this endless play of the alienated-alienating identification, the imaginary "ego" successfully constructs the so-called reality and oscillates between his/her unstable inferiority and his/her projected exteriority.

在这种主动疏离和被动疏离相交织的无止尽同化运动之下，想像的「自我」成功地构成了所谓的心理现实，并且摆荡在他/她不稳定的内在性与投射的外在性之间。

In the research, it constructs a digital eye chart and confirms its accuracy with standard eye chart of outpatient services by an experiment.

研究中以一电子式视力检查表与门诊视力检查表，由白内障患者做两者之精确度校正。

But with the rapid development of the society and urbanized advancement,the eyeless and unscientific constructs to the city waterfront made by human has initiated a series of serious problems relating to the ecological destruction of the waterfront.

而随着社会的飞速发展、城市化进程的加快，人类对城市滨水区盲目地、不科学地建设引发了一系列关系到滨水生态破坏的严重问题。

The second part for 2-5, carried on the detailed treatise to each step of the article frame. Among them, chapter 2 mainly introduces the theories of total value management and real estate, paves the way to analyze the next substances; chapter 3 introduces the basic theories on value engineering and the significance of value engineering application in project decision-making, and finally indicates the processes and methods of value engineering application in project decision-making with particular analysis of a case; Chapter 4 describes the management of customer value, this part use the factorization methods and factorize the factor of customer value, establishes the step analysis evaluation model, use the SPSS software to analysis the data, scooping out the "latitude degree" that concealed, which customers pay attention to. According to these, this part puts forward the factor classification and improvement; Chapter 5 describes the society responsibilities that the real estate enterprises should afford, constructs a system of target about society value management and poses the specific methods of society value management.

第二部分是本文的主体部分，为二到五章，第二章主要介绍了全面价值管理和房地产的基本理论，为下面的分析做好基础；第三章介绍了价值工程的基本原理以及应用价值工程的意义，并通过案例与理论的结合，论述了价值工程在项目决策应用中的程序和方法；第四章介绍了顾客价值的管理，这部分尝试用因子分析方法把顾客价值因素作为变量，建立顾客价值管理的层级评价模型，利用SPSS统计软件对调查数据进行分析，挖掘变量背后掩藏的"纬度"，即顾客关注的大的价值要素，并根据这些要素的重要性提出了价值要素分类以及改进的思想；第五章描述了房地产企业应承担的社会责任，构建了房地产企业社会价值管理指标体系，并指出了其进行社会价值管理的具体办法。

Very many far-seeing enterprises already from in the network use convenience and the superiority realized to constructs oneself website the necessity.

很多有远见的企业已经从网络使用的便利与优势中体会到建设自己网站的必要性。

I urge any American living outside the country to get an early start checking his/her registration and receiving an absentee ballot, because it can take a while.

我奉劝身在国外的所有美国人早点着手核对登记表，并接收缺席选举人票，因为这得花点时间。

He is too young to join the army.

他太年轻了，还不能参军。