金融学

As such legislation has just come into effect and relevant cases in practice are rare, the judiciary are unfamiliar with this crime, Furthermore, due to the lack of corresponding practical experience, and the wide-ranging scope of this crime which involves penology, finance and criminology as well as the fact that our country hasnt had special anti-money laundering legislation and special financial supervision measures, punishment on and prevention of the crime of money laundering in our country are still in the preliminary stage.

但是，由于我国在反洗钱立法方面才刚刚起步，在司法实践中鲜有案例，司法界对之也感觉陌生，缺乏相应的司法实践经验，加之洗钱犯罪所涉及的领域非常广泛，包括刑法学、金融学、犯罪学等交叉学科领域，而我国尚没有专门针对反洗钱犯罪的专门立法和金融监管措施，使得我国的洗钱犯罪的惩治与预防尚处于摸索经验的初级阶段。

In the paper the separate theorem of convex set with weak topology σ(L ∞,L 1) is proved, and the topological characterization about No Free Lunch with Vanishing Risk Condition is given, from it, the equivalency between exist of equivalent martingale measures and NFLVR is proved, this is the first fundamental theorem of asset pricing.

资产定价的第一基本定理是数量金融学中核心的定理之一，本文证明了在 L∞的弱*拓扑σ(L∞，L1)中的凸集分离定理，并在此定理的基础上给出了没有无风险免费午餐的拓扑描述，证明了市场公平性与没有无风险免费午餐条件的等价性，从而重新证明了资产定价的第一基本定理。

At last, it attempts to explain skewness from the point of view of Behavioral Finance.

最后从行为金融学角度出发分析了投资者的心理偏好对资产定价的影响。

The best research tool for the problem of option pricing is backward and forward-backward stochastic differential equation .

简要地介绍了倒向和正倒向随机微分方程在数学金融学的研究中所起的作用。

Real options theory, which combines corporate finance, investment decisions and management science, deeply applys mathematical tools, such as stochastic calculus, optimal stopping times, martingale, stochastic differential equations, game theory, etc. Real options analysis overcomes the drawbacks of traditional methods, and provides a new method of investment decisions, financing policies and risk management for the corporate.

实物期权方法深入应用随机分析、最优停时、鞅、随机微分方程、博弈论等数学工具，并与金融学、投资决策和公司管理等学科相互结合，克服了传统方法的局限，为企业提供了一套投资财务战略管理和风险管理的新方法。

Real options theory, which combines corporate finance, investment decisions and management science, deeply applys mathematical tools, such as stochastic calculus, optimal stopping times, martingale, stochastic differential equations, game theory, etc.

实物期权方法深入应用随机分析、最优停时、鞅、随机微分方程、博弈论等数学工具，并与金融学、投资决策和公司管理等学科相互结合，克服了传统方法的局限，为企业提供了一套投资财务战略管理和风险管理的新方法。

Section four provides the empirical results of China stock market. Section five tries to explain the value premium in China stock market.

第五部分，按照Fama and French 的所用的CAPM模型和行为金融学理论两个层次来解释价值股获得超额收益的原因，并进行了回归分析；第六部分将给出结论。

This paper systematically reviews the existent research on liquidity premium theory and analyzes the determinants of liquidity premium for Chinese stock markets.

CA PM作为现代金融学的奠基石，其理论精华就是一种证券的预期回报可以用这种资产风险的相对测度β值来度量，即建立了期望收益率与β值之间的关系。

In addition, since i often brought my questions to my teachers and discuss with them, i and 2 of my mates joined the translation project of the essay of our international finance teacher, who is also the subdecanal of our academy.

通过对这些优秀文章的阅读，我惊叹于那些作者们对金融与经济领域惊人的洞察力与预见力。我开始痴迷于其中，每周都会花费不少时间在图书馆阅读与金融学、经济学方面有关的书籍杂志。

In a paper entitled "Prospect Theory and Asset Prices," Nicholas Barberis, associate professor of finance at the University of Chicago Graduate School of Business, Ming Huang of Stanford University, and Tano Santos of Columbia University turn to behavioral psychology to uncover some answers.

在题为《有前途的理论和资产价格》的论文中，芝加哥大学商学院金融学副教授Nicholas Barberis、斯坦福大学的Ming Huang 和哥伦比亚大学的Tano Santos 转向从行为心理学中寻找答案。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。