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1 – 10 of 66This paper aims to propose two portfolio selection models with hesitant value-at-risk (HVaR) – HVaR fuzzy portfolio selection model (HVaR-FPSM) and HVaR-score fuzzy portfolio…
Abstract
Purpose
This paper aims to propose two portfolio selection models with hesitant value-at-risk (HVaR) – HVaR fuzzy portfolio selection model (HVaR-FPSM) and HVaR-score fuzzy portfolio selection model (HVaR-S-FPSM) – to help investors solve the problem that how bad a portfolio can be under probabilistic hesitant fuzzy environment.
Design/methodology/approach
It is strictly proved that the higher the probability threshold, the higher the HVaR in HVaR-S-FPSM. Numerical examples and a case study are used to illustrate the steps of building the proposed models and the importance of the HVaR and score constraint. In case study, the authors conduct a sensitivity analysis and compare the proposed models with decision-making models and hesitant fuzzy portfolio models.
Findings
The score constraint can make sure that the portfolio selected is profitable, but will not cause the HVaR to decrease dramatically. The investment proportions of stocks are mainly affected by their HVaRs, which is consistent with the fact that the stock having good performance is usually desirable in portfolio selection. The HVaR-S-FPSM can find portfolios with higher HVaR than each single stock and has little sacrifice of extreme returns.
Originality/value
This paper fulfills a need to construct portfolio selection models with HVaR under probabilistic hesitant fuzzy environment. As a downside risk, the HVaR is more consistent with investors’ intuitions about risks. Moreover, the score constraint makes sure that undesirable portfolios will not be selected.
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Weimin Li, Yanxia Wu, Xiaobo Wang and Weimin Liu
The purpose of this paper is to study the antirust, tribological performance and anti-wear (AW) mechanism of the of soybean lecithin (SL) as a kind of multifunctional lubricant…
Abstract
Purpose
The purpose of this paper is to study the antirust, tribological performance and anti-wear (AW) mechanism of the of soybean lecithin (SL) as a kind of multifunctional lubricant additive.
Design/methodology/approach
As a kind of multifunctional lubricant additive, the antirust performance of SL was tested according to ASTM D 665, and meanwhile, its tribological performances were also evaluated by Optimol SRV-I oscillating reciprocating friction and wear tester and four ball tester. The worn steel surfaces were investigated by scanning electron microscope (SEM) and X-ray photoelectron spectroscopy (XPS).
Findings
The results showed that the SL exhibited excellent antirust properties in different base stock, and could effectively improve the AW and extreme pressure (EP) performances. The results of SEM and XPS indicated that a protective film was formed between steel-steel friction pair during the tribological test.
Originality/value
This paper first investigated the antirust properties and the tribological mechanism of the SL as a kind of multifunctional lubricant additive, which can be very useful and will promote the application of SL in lubricant industry.
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Jiaying Chen, Cheng Li, Liyao Huang and Weimin Zheng
Incorporating dynamic spatial effects exhibits considerable potential in improving the accuracy of forecasting tourism demands. This study aims to propose an innovative deep…
Abstract
Purpose
Incorporating dynamic spatial effects exhibits considerable potential in improving the accuracy of forecasting tourism demands. This study aims to propose an innovative deep learning model for capturing dynamic spatial effects.
Design/methodology/approach
A novel deep learning model founded on the transformer architecture, called the spatiotemporal transformer network, is presented. This model has three components: the temporal transformer, spatial transformer and spatiotemporal fusion modules. The dynamic temporal dependencies of each attraction are extracted efficiently by the temporal transformer module. The dynamic spatial correlations between attractions are extracted efficiently by the spatial transformer module. The extracted dynamic temporal and spatial features are fused in a learnable manner in the spatiotemporal fusion module. Convolutional operations are implemented to generate the final forecasts.
Findings
The results indicate that the proposed model performs better in forecasting accuracy than some popular benchmark models, demonstrating its significant forecasting performance. Incorporating dynamic spatiotemporal features is an effective strategy for improving forecasting. It can provide an important reference to related studies.
Practical implications
The proposed model leverages high-frequency data to achieve accurate predictions at the micro level by incorporating dynamic spatial effects. Destination managers should fully consider the dynamic spatial effects of attractions when planning and marketing to promote tourism resources.
Originality/value
This study incorporates dynamic spatial effects into tourism demand forecasting models by using a transformer neural network. It advances the development of methodologies in related fields.
目的
纳入动态空间效应在提高旅游需求预测的准确性方面具有相当大的潜力。本研究提出了一种捕捉动态空间效应的创新型深度学习模型。
设计/方法/途径
本研究提出了一种基于变压器架构的新型深度学习模型, 称为时空变压器网络。该模型由三个部分组成:时空转换器、空间转换器和时空融合模块。时空转换器模块可有效提取每个景点的动态时间依赖关系。空间转换器模块可有效提取景点之间的动态空间相关性。提取的动态时间和空间特征在时空融合模块中以可学习的方式进行融合。通过卷积运算生成最终预测结果。
研究结果
结果表明, 与一些流行的基准模型相比, 所提出的模型在预测准确性方面表现更好, 证明了其显著的预测性能。纳入动态时空特征是改进预测的有效策略。它可为相关研究提供重要参考。
实践意义
所提出的模型利用高频数据, 通过纳入动态空间效应, 在微观层面上实现了准确预测。旅游目的地管理者在规划和营销推广旅游资源时, 应充分考虑景点的动态空间效应。
原创性/价值
本研究通过使用变压器神经网络, 将动态空间效应纳入旅游需求预测模型。它推动了相关领域方法论的发展。
Objetivo
La incorporación de efectos espaciales dinámicos ofrece un considerable potencial para mejorar la precisión de la previsión de la demanda turística. Este estudio propone un modelo innovador de aprendizaje profundo para capturar los efectos espaciales dinámicos.
Diseño/metodología/enfoque
Se presenta un novedoso modelo de aprendizaje profundo basado en la arquitectura transformadora, denominado red de transformador espaciotemporal. Este modelo tiene tres componentes: el transformador temporal, el transformador espacial y los módulos de fusión espaciotemporal. El módulo transformador temporal extrae de manera eficiente las dependencias temporales dinámicas de cada atracción. El módulo transformador espacial extrae eficientemente las correlaciones espaciales dinámicas entre las atracciones. Las características dinámicas temporales y espaciales extraídas se fusionan de manera que se puede aprender en el módulo de fusión espaciotemporal. Se aplican operaciones convolucionales para generar las previsiones finales.
Conclusiones
Los resultados indican que el modelo propuesto obtiene mejores resultados en la precisión de las previsiones que algunos modelos de referencia conocidos, lo que demuestra su importante capacidad de previsión. La incorporación de características espaciotemporales dinámicas supone una estrategia eficaz para mejorar las previsiones. Esto puede proporcionar una referencia importante para estudios afines.
Implicaciones prácticas
El modelo propuesto aprovecha los datos de alta frecuencia para lograr predicciones precisas a nivel micro incorporando efectos espaciales dinámicos. Los gestores de destinos deberían tener plenamente en cuenta los efectos espaciales dinámicos de las atracciones en la planificación y marketing para la promoción de los recursos turísticos.
Originalidad/valor
Este estudio incorpora efectos espaciales dinámicos a los modelos de previsión de la demanda turística mediante el empleo de una red neuronal transformadora. Supone un avance en el desarrollo de metodologías en campos afines.
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Na Pang, Li Qian, Weimin Lyu and Jin-Dong Yang
In computational chemistry, the chemical bond energy (pKa) is essential, but most pKa-related data are submerged in scientific papers, with only a few data that have been…
Abstract
Purpose
In computational chemistry, the chemical bond energy (pKa) is essential, but most pKa-related data are submerged in scientific papers, with only a few data that have been extracted by domain experts manually. The loss of scientific data does not contribute to in-depth and innovative scientific data analysis. To address this problem, this study aims to utilize natural language processing methods to extract pKa-related scientific data in chemical papers.
Design/methodology/approach
Based on the previous Bert-CRF model combined with dictionaries and rules to resolve the problem of a large number of unknown words of professional vocabulary, in this paper, the authors proposed an end-to-end Bert-CRF model with inputting constructed domain wordpiece tokens using text mining methods. The authors use standard high-frequency string extraction techniques to construct domain wordpiece tokens for specific domains. And in the subsequent deep learning work, domain features are added to the input.
Findings
The experiments show that the end-to-end Bert-CRF model could have a relatively good result and can be easily transferred to other domains because it reduces the requirements for experts by using automatic high-frequency wordpiece tokens extraction techniques to construct the domain wordpiece tokenization rules and then input domain features to the Bert model.
Originality/value
By decomposing lots of unknown words with domain feature-based wordpiece tokens, the authors manage to resolve the problem of a large amount of professional vocabulary and achieve a relatively ideal extraction result compared to the baseline model. The end-to-end model explores low-cost migration for entity and relation extraction in professional fields, reducing the requirements for experts.
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Keywords
Liyao Huang, Cheng Li and Weimin Zheng
Given the importance of spatial effects in improving the accuracy of hotel demand forecasting, this study aims to introduce price and online rating, two critical factors…
Abstract
Purpose
Given the importance of spatial effects in improving the accuracy of hotel demand forecasting, this study aims to introduce price and online rating, two critical factors influencing hotel demand, as external variables into the model, and capture the spatial and temporal correlation of hotel demand within the region.
Design/methodology/approach
For high practical implications, the authors conduct the case study in Xiamen, China, where the hotel industry is prosperous. Based on the daily demand data of 118 hotels before and during the COVID-19 period (from January to June 2019 and from January to June 2021), the authors evaluate the prediction performance of the proposed innovative model, that is, a deep learning-based model, incorporating graph convolutional networks (GCN) and gated recurrent units.
Findings
The proposed model simultaneously predicts the daily demand of multiple hotels. It effectively captures the spatial-temporal characteristics of hotel demand. In addition, the features, price and online rating of competing hotels can further improve predictive performance. Meanwhile, the robustness of the model is verified by comparing the forecasting results for different periods (during and before the COVID-19 period).
Practical implications
From a long-term management perspective, long-term observation of market competitors’ rankings and price changes can facilitate timely adjustment of corresponding management measures, especially attention to extremely critical factors affecting forecast demand, such as price. While from a short-term operational perspective, short-term demand forecasting can greatly improve hotel operational efficiency, such as optimizing resource allocation and dynamically adjusting prices. The proposed model not only achieves short-term demand forecasting, but also greatly improves the forecasting accuracy by considering factors related to competitors in the same region.
Originality/value
The originalities of the study are as follows. First, this study represents a pioneering attempt to incorporate demand, price and online rating of other hotels into the forecasting model. Second, integrated deep learning models based on GCN and gated recurrent unit complement existing predictive models using historical data in a methodological sense.
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Zhifeng Lin, Likun Xu, Xiangbo Li, Li Wang, Weimin Guo, Chuanjie Wu and Yi Yang
The purpose of this paper is to examine the performance of a fastener composite coating system, sherardized (SD) coating/zinc-aluminum (ZA) coating whether it has good performance…
Abstract
Purpose
The purpose of this paper is to examine the performance of a fastener composite coating system, sherardized (SD) coating/zinc-aluminum (ZA) coating whether it has good performance in marine environment.
Design/methodology/approach
In this paper, SD coating was fabricated on fastener surface by solid-diffusion method. ZA coating was fabricated by thermal sintering method. Corrosion behaviours of the composite coating were investigated with potentiodynamic polarization curves, open circuit potential and electrochemical impedance spectroscopy methods.
Findings
Neutral salt spray (NSS) and deep sea exposure tests revealed that the composite coating had excellent corrosion resistance. Polarization curve tests showed that corrosion current density of the sample with composite coating was significantly decreased, indicating an effective corrosion protection of the composite coating. OCP measurement of the sample in NaCl solution demonstrated that the composite coating had the best cathodic protection effect. The good corrosion resistance of the composite coating was obtained by the synergy of SD and ZA coating.
Practical implications
SD/ZA coating can be used in marine environment to prolong the life of carbon steel fastener.
Social implications
SD/ZA composite coating can reduce the risk and accident caused by failed fastener, avoid huge economic losses.
Originality/value
A new kind of composite coating was explored to protect the carbon steel fastener in marine environment. And the composite coating has the long-term anti-corrosion performance both in simulated and marine environment test.
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Li Zhang, Haiyan Fang, Weimin Bao, Haifeng Sun, Lirong Shen, Jianyu Su and Liang Zhao
X-ray pulsar navigation (XPNAV) is an autonomous celestial navigation technology for deep space missions. The error in the pulse time of arrival used in pulsar navigation is large…
Abstract
Purpose
X-ray pulsar navigation (XPNAV) is an autonomous celestial navigation technology for deep space missions. The error in the pulse time of arrival used in pulsar navigation is large for various practical reasons and thus greatly reduces the navigation accuracy of spacecraft near the Earth and in deep space. This paper aims to propose a novel method based on ranging information that improves the performance of XPNAV.
Design/methodology/approach
This method replaces one pulsar observation with a satellite observation. The ranging information is the difference between the absolute distance of the satellite relative to the spacecraft and the estimated distance of the satellite relative to the spacecraft. The proposed method improves the accuracy of XPNAV by combining the ranging information with the observation data of two pulsars.
Findings
The simulation results show that the proposed method greatly improves the XPNAV accuracy by 70% compared with the conventional navigation method that combines the observations of three pulsars. This research also shows that a larger angle between the orbital plane of the satellite and that of the spacecraft provides higher navigation accuracy. In addition, a greater orbital altitude difference implies higher navigation accuracy. The position error and ranging error of the satellite have approximately linear relationships with the navigation accuracy.
Originality/value
The novelty of this study is that the satellite ranging information is integrated into the pulsar navigation by using mathematical geometry.
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Aoxiang Qiu, Weimin Sang, Feng Zhou and Dong Li
The paper aims to expand the scope of application of the lattice Boltzmann method (LBM), especially in the field of aircraft engineering. The traditional LBM is usually applied…
Abstract
Purpose
The paper aims to expand the scope of application of the lattice Boltzmann method (LBM), especially in the field of aircraft engineering. The traditional LBM is usually applied to incompressible flows at a low Reynolds number, which is not sufficient to satisfy the needs of aircraft engineering. Devoted to tackling the defect, the paper proposes a developed LBM combining the subgrid model and the multiple relaxation time (MRT) approach. A multilayer adaptive Cartesian grid method to improve the computing efficiency of the traditional LBM is also employed.
Design/methodology/approach
The subgrid model and the multilayer adaptive Cartesian grid are introduced into MRT-LBM for simulations of incompressible flows at a high Reynolds number. Validated by several typical flow simulations, the numerical methods in this paper can efficiently study the flows under high Reynolds numbers.
Findings
Some numerical simulations for the lid-driven flow of cavity, flow around iced GLC305, LB606b and ONERA-M6 are completed. The paper presents the investigation results, indicating that the methods are accurate and effective for the separated flow after icing.
Originality/value
LBM is developed with the addition of the subgrid model and the MRT method. A numerical strategy is proposed using a multilayer adaptive Cartesian grid method and its treatment of boundary conditions. The paper refers to innovative algorithm developments and applications to the aircraft engineering, especially for iced wing simulations with flow separations.
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Keywords
Social security reform in China.
Junjie Niu, Weimin Sang, Feng Zhou and Dong Li
This paper aims to investigate the anti-icing performance of the nanosecond dielectric barrier discharge (NSDBD) plasma actuator.
Abstract
Purpose
This paper aims to investigate the anti-icing performance of the nanosecond dielectric barrier discharge (NSDBD) plasma actuator.
Design/methodology/approach
With the Lagrangian approach and the Messinger model, two different ice shapes known as rime and glaze icing are predicted. The air heating in the boundary layer over a flat plate has been simulated using a phenomenological model of the NSDBD plasma. The NSDBD plasma actuators are planted in the leading edge anti-icing area of NACA0012 airfoil. Combining the unsteady Reynolds-averaged Navier–Stokes equations and the phenomenological model, the flow field around the airfoil is simulated and the effects of the peak voltage, the pulse repetition frequency and the direction arrangement of the NSDBD on anti-icing performance are numerically investigated, respectively.
Findings
The agreement between the numerical results and the experimental data indicates that the present method is accurate. The results show that there is hot air covering the anti-icing area. The increase of the peak voltage and pulse frequency improves the anti-icing performance, and the direction arrangement of NSDBD also influences the anti-icing performance.
Originality/value
A numerical strategy is developed combining the icing algorithm with the phenomenological model. The effects of three parameters of NSDBD on anti-icing performance are discussed. The predicted results show that the anti-icing method is effective and may be helpful for the design of the anti-icing system of the unmanned aerial vehicle.
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