市场

Second, we analyze the equipollence market farther, and we find the strategy of investors in the equipollence market by the analyzing of simply timing game.

然后我们对均势市场进行深入分析，通过均势市场的简单终止博弈分析，得到大户在均势市场下的策略。

The value of market esoterica to the consumer of investment advice is a different story.

这当然是股市秘籍存在的价值，但就我个人的看法，投资成功不是靠晦涩难解的公式、计算机运算或是股票行情板上股票上下的跳动，相反地投资人要能成功，惟有凭借着优异的商业判断同时避免自己的想法、行为，受到容易煽动人心的市场情绪所影响，以我个人的经验来说，要能够免除市场诱惑，最好的方法就是将格拉厄姆的市场先生理论铭记在心。

The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about themarketplace.

这当然是股市秘籍存在的价值，但就我个人的看法，投资成功不是靠晦涩难解的公式、计算机运算或是股票行情板上股票上下的跳动，相反地投资人要能成功，惟有凭借着优异的商业判断同时避免自己的想法、行为，受到容易煽动人心的市场情绪所影响，以我个人的经验来说，要能够免除市场诱惑，最好的方法就是将格拉厄姆的市场先生理论铭记在心。

For the effective monitoring and control of various types of public emergency or other reasons caused by abnormal fluctuations in the grain market to ensure that the grain market supply and maintain the basic stability of the grain market prices, to maintain normal social order and social stability, According to the national, provincial food emergency plan and the "grain reserve Shenzhen Interim Measures for the Administration", the relevant departments to develop a "food emergency plan in Shenzhen", reported that executive session.

为有效监测和控制各类突发公共事件或其他原因引起的粮食市场异常波动，确保粮食市场供应，保持粮食市场价格基本稳定，维护正常的社会秩序和社会稳定，根据国家、省粮食应急预案和《深圳市粮食储备管理暂行办法》，有关部门制定了《深圳市粮食应急预案》，报常务会议审议。

It starts with a discussion of the nature of services markets in particular the ubiquity of market failure in discussing the exigencies of opening services markets.

通过探讨开放服务业市场的紧迫性，论文起笔于关于服务业市场的本质的探讨，特别是讨论到处存在的市场运作失败的原因。

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。

Second chapter: Because the capital market development condition has the direct influence to the insurance fund utilization, therefore elaborated the capital market development in this to the insurance investment support and the impetus function, explicit insurance fund investment capital market significance.

第二章：由于资本市场的发展状况对保险资金的运用有着直接的影响，所以在此阐述了资本市场发展对保险投资的支持与推动作用，明确保险基金投资资本市场的意义。

Under the hypothesis of stock price submitting to exponential Ornstein-Uhlenbeck process ,we solve the formula of pricing of stock and analyse the kind of the option formula, and then aiming at the blemish to suppose to interest rate before and considering the relation of the fluctuation of interest rate and the fluctuation of stock price , we bring up the model of the market interest rate and focus on analyzing the effect of the fluctuation of market interest rate on the option price based on the model.

本文首先在股票价格服从指数Ornstein-Uhlenbeck过程模型假设下，求解了股票的定价公式，分析了期权公式的性质，然后针对以往对利率假定的缺陷，考虑到市场利率波动与股价波动的相关性，提出了市场利率模型，并在此基础上，着重分析了市场利率的波动对期权价值的影响，求得了适合于期权有效期较长情形下的期权定价公式，并将该公式通过实例与著名的Black-Scholes期权定价公式进行了深入比较。

The entrance of these brands has effectively improved market level, expanded market extroversion and whole competitiveness.

这些知名品牌的进入，有效地提高了市场档次、扩大了市场外向度、提升了市场的整体竞争力。

Where today the price is the main factor in the marketing mix, I am sure it will be tomorrow a professional marketing in our aquarium industry, not different from what happens already today in the professional consumer goods industry.

今天在市场营销组合中，价格是重要的因素。但我肯定明天水族行业也会和其他消费品行业一样，有专业的市场营销。市场营销支出不论在生产还是销售都会轻易的达到销售额的10%。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。