市场

Establishment, development, maturity and declining. Thirdly, the author classifies the fair business into four types, i.e. market guide, market challenge, market follow and market completement as its different competitive rank.

第三，将不同竞争位次的会展企业分为市场主导型、市场挑战型、市场跟随型及市场补缺型等四种类型，逐一剖析它们的特点，分析它们的战略选择。

This thesis classifies the traditional market structure into three kinds on the basis of contestable market theory .

在可竞争理论的基础上，将传统的市场结构进行了调整分类，将其分为行政性垄断的市场结构，竞争性的市场结构和过度竞争的市场结构。

But meanwhile, some problems are following because of the village appliance market has characteristics of itself that different from the city appliance market, the key of opening up village appliance market successfully is know its characteristics and make scheme that contrapose its characteristics .

但与此同时，一系列的问题也随之而来，因为相对于城市家电市场而言，农村家电市场有其自身的特点，弄清农村家电市场的特点以及针对其特点制定方案是成功开拓农村市场的关键所在。

The law does not concentrate on individual risk, which results from price fluctuation, but on negative uncertainty of market system, which results from inperfect futures market distemperedness, namely futures risk is negative uncertainty resulting from inperfect futures market.

法律所关注的风险不在于价格波动导致的单个市场主体损失，而在于因期货市场不健全导致的市场整体的负的不确定性，即期货风险是由于期货市场不健全导致的负的不确定性。

Have good political mentality, moral and psychological quality; be honesty, credible, diligent and social, and have good professional morality, healthy physical condition, progressive life philosophy and distingue sentiment; Grasp the basic theory and knowledge of Management, Economics and Marketing; Learn the basic operation in electrical power companies; Master knowledge about electrical power market and electrical power marketing; Possess the basic ability to analyze and resolve marketing problems; Have favorable ability in foreign language using, such as listening, speaking, reading, and writing; Be competence for applying computers.

具备良好的政治思想、道德素质和心理素质；诚实守信，勤勉乐群的美好品德和良好的职业道德；具有健康的体魄；具有积极向上的人生观和高尚的情操；不仅掌握管理学、经济学、市场营销学的基本理论，还要掌握电力企业基本业务、电力市场、电力市场营销等方面的知识，具有分析和解决市场营销问题的能力；能熟练进行外语的听、说、读、写，并有较强的计算机应用能力。

However, we don"t find neither the economies of scale nor the diseconomies of scale in the investment banking industry. What"s more, the scope of Chinese investment banks is too narrow and the income relies on the traditional deals too much, which makes the industry far from the economies of scope.The dissertation starts from restrict-pricing model of Spence and Bain-Sylos and analyzes the mechanism of the strategy of excessive production capacity. And based on the extended dynamic game theory of Dixit the dissertation establishes the dynamic game theory model of capital promise and entry deterrence. The dissertationillustrates the essence of scale strategy of Chinese investment banking industry: Firstly domestic investment banks should optimize the capital structure and the scale expansion by proper financing arrangement.

本文对我国投资银行业的产业绩效进行了实证检验：市场结构、行业规模以及市场总体收益率对行业的利润率具有很强的解释能力，从影响的相对水平来看，集中度的影响要大于市场收益的影响，同时，规模的影响与集中度、市场收益的影响相反；同时，基于规模经济的横截面分析表明，我国投资银行业的经济规模与其绩效之间还不存在明显的关系；而且，我国投资银行业总体上经营范围狭窄，业务内涵单一，在收入构成上过分依赖于传统的三大业务，也远远没有发挥出行业的范围经济优势。

First, we discuss a monopolistic downstream firm's decision of outsourcing in the final good market. Then we extend the model to a duopolistic downstream market structure with two competing firms to examine whether the outsourcing decisions change in such a competitive environment.

模型推导以渐进式进行，首先讨论当最终财市场结构为独占下，最终财厂商的委外决策；其次开放市场竞争程度，使最终财市场结构由独占转为寡占，厂商家数由一扩增为二，且两厂商在最终财市场进行同质产品的数量竞争，则最终财厂商的委外决策是否改变。

Then, interruptible load is introduced into transmission congestion management in the paper. The paper discusses the application of interruptible load to transmission congestion management in power pool market. Market risk of evade is very important in transmission congestion management. The FGR, FTR, TO are introduced into transmission congestion management, its concept and implement in bilateral market are discussed in the paper. It provides the valid means of evadable price risk for the market participant. The reasonable allocation of congestion cost is very important in transmission congestion management. The paper proposed a novel methodology for allocation of congestion cost based on the line flow analysis.

然后，将可中断负荷引入到输电阻塞管理中，对其在电力联营体交易市场模式下输电阻塞管理中的应用进行了全面阐述；市场风险的规避是输电阻塞管理中需要考虑的重要内容，本文将基于潮流的输电权、金融型输电权及输电期权引入到输电阻塞管理中，阐述了其基本概念以及在双边交易市场模式下的具体实施，为市场参与者提供了规避价格风险的有效手段；阻塞费用的合理分摊是输电阻塞管理中的重要内容，本文提出了一种基于阻塞线路潮流组成分析的阻塞费用分摊新方法。

After a study on Chinese financial practice, we find that though Chinese banking system has high cost and low efficiency, one side, Chinese security market has very low efficiency to overcome asymmetric information and has many unsolved problems in short term that brings very high additional cost, so security market is not a good system to substitute the Chinese banking system and must develop after these problems are solved, on the other hand, the cost of Chinese banking system is mainly exogenously produced, the experiences of western commercial banking practice and the joint-stock reform in some Chinese banks have proved that the efficiency of Chinese banking system can be improved. So one of our conclusions is that China should emphases on the reform and development of the banking system.

一方面，本文通过对中国证券市场的进一步分析，发现中国证券市场制度设计上存在严重不合理，短期内仍然缺乏合适的生存环境，这也导致其过去十多年的超常规发展中不仅具有低的效率，而且形成了许多短期内难以克服的缺陷，这充分表明证券市场不应成为我国金融体系短期内的重点方向，证券市场未来的进一步发展必须以这些问题和缺陷的解决为前提；另一方面，进一步的分析表明，我国银行业目前的巨大成本主要为外生，同时，对西方发达国家银行业发展和我国银行股份制改革的经验总结表明，只要在一定的条件下，银行业的效率完全可以有效提高，因而，中短期内我国应重点对银行业进行改革和发展，尤其是要加快银行业的股份制改革进程。

Aggressive companies create the worst performance. 3. On the influence of market evaluation based on corporate management style, in light of profit and loss in market evaluation, conservative companies have better P/E than aggressive ones; in light of balance sheets, there is no significant difference in P/B among overall samples under ANOVA analysis. That is, P/B does not contain explanative capability in terms of market evaluation.

企业管理风格对其市场评价的影响，在市场评价方面若以损益表角度来观之，整体样本之保守型公司的本益比优於积极型公司；市场评价若以资产负债表方面来观之，股价净值比在整体样本进行ANOVA分析却无显著差异存在，也就是说在股价净值比在市场评价方面不具有解释能力。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。