10,531 research outputs found

    How prudent are rural households in developing transition economies:

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    Rural households in developing economies frequently use precautionary saving to cope with income risk. Such prudent behavior can be strengthened in transition economies where more risks are typically faced by households during and after reforms. This paper uses a rich panel of rural households in Zhejiang, China, to examine the correlation between income uncertainty and the target ratio of wealth to permanent income as suggested by the buffer-stock model. The empirical results suggest that Chinese rural households hold a significant level of wealth to mitigate the adverse impacts of income risk. Simulation results show that an increase in income risk leads to a sharp increase in household wealth and precautionary saving could drop substantially if income risk is eliminated. The high level of prudence of rural households under economic transition can help us better understand the developments in China, which will have policy implications for both developing and transition countries.buffer-stock model, Income risk, precautionary saving,

    Optical Tweezers as a Micromechanical Tool for Studying Defects in 2D Colloidal Crystals

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    This paper reports on some new results from the analyses of the video microscopy data obtained in a prior experiment on two-dimensional (2D) colloidal crystals. It was reported previously that optical tweezers can be used to create mono- and di-vacancies in a 2D colloidal crystal. Here we report the results on the creation of a vacancy-interstitial pair, as well as tri-vacancies. It is found that the vacancy-interstitial pair can be long-lived, but they do annihilate each other. The behavior of tri-vacancies is most intriguing, as it fluctuates between a configuration of bound pairs of dislocations and that of a locally amorphous state. The relevance of this observation to the issue of the nature of 2D melting is discussed.Comment: 6 pages, 4 figure

    The Optimal Pricing Strategy of a Mobile Payment Service in a Two-sided Market

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    Acknowledging the high penetration rate of mobile devices, mobile payment is currently a hot topic and is expected to reach the tipping point of rapid growth. For such a nascent market, how to run a successful mobile payment platform remains unanswered. Therefore, we devote this study to investigate the pricing strategy of proximity mobile payment. Mobile payment serves as a two-sided platform connecting merchants and customers. By leveraging the emergent mobile payment knowledge, we present a game-theoretic model featuring network externality. In the short run, we find the platform will have incentives to apply “divide and conquer” strategy by subsidizing customers to adopt the mobile payment service at the beginning of the business. After the ignition, the platform then becomes profitable by charging per transaction fee from the merchants. In the long run, the subsidization strategy is suggested to be applied when the bank is not taking too much processing fee and leaves sufficient market share to the mobile payment platform. In terms of contributions to practice, this study offers a step forward of method to identify this promising market for mobile payment executives, financial institutes and all others ecosystem

    Incorporating Intra-Class Variance to Fine-Grained Visual Recognition

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    Fine-grained visual recognition aims to capture discriminative characteristics amongst visually similar categories. The state-of-the-art research work has significantly improved the fine-grained recognition performance by deep metric learning using triplet network. However, the impact of intra-category variance on the performance of recognition and robust feature representation has not been well studied. In this paper, we propose to leverage intra-class variance in metric learning of triplet network to improve the performance of fine-grained recognition. Through partitioning training images within each category into a few groups, we form the triplet samples across different categories as well as different groups, which is called Group Sensitive TRiplet Sampling (GS-TRS). Accordingly, the triplet loss function is strengthened by incorporating intra-class variance with GS-TRS, which may contribute to the optimization objective of triplet network. Extensive experiments over benchmark datasets CompCar and VehicleID show that the proposed GS-TRS has significantly outperformed state-of-the-art approaches in both classification and retrieval tasks.Comment: 6 pages, 5 figure

    (E)-3-[4-(Dimethyl­amino)phen­yl]-1-(4-methyl­phen­yl)prop-2-en-1-one

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    In the title compound, C18H19NO, the dihedral angle between 4-methyl­phenyl and 4-(dimethyl­amino)phenyl rings is 45.5 (3)°. The C—C=C—C torsion angle of 173.8 (3)° indicates that the mol­ecule adopts an E configuration. The dimethyl­amino group is nearly coplanar with the attached benzene ring, making a dihedral angle of 2.7 (3)°. Weak inter­molecular C—H⋯π inter­actions are observed in the crystal structure

    Neurochemical characterization of pERK-expressing spinal neurons in histamine-induced itch

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    Date of Acceptance: 08/07/2015 Acknowledgements This work was supported by grants from the Ministry of Science and Technology of China (2012CB966904, 2011CB51005), National Natural Science Foundation of China (31271182, 81200692, 91232724, 81200933, 81101026), Shanghai Natural Science Foundation (12ZR1434300), Key Specialty Construction Project of Pudong Health Bureau of Shanghai (PWZz2013-17), Shenzhen Key Laboratory for Molecular Biology of Neural Development (ZDSY20120617112838879), Fundamental Research Funds for the Central Universities (1500219072) and Sino-UK Higher Education Research Partnership for PhD Studies.Peer reviewedPublisher PD

    New Approach of the Water Resource Conservation in Taiwan — an Ecological Check for Reservoir Watershed Project (ECRWP)

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    Source: ICHE Conference Archive - https://mdi-de.baw.de/icheArchive

    Improving Antigenicity of the Recombinant Hepatitis C Virus Core Protein via Random Mutagenesis

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    In order to enhance the sensitivity of diagnosis, a recombinant clone containing domain I of HCV core (amino acid residues 1 to 123) was subjected to random mutagenesis. Five mutants with higher sensitivity were obtained by colony screening of 616 mutants using reverse ELISA. Sequence analysis of these mutants revealed alterations focusing on W84, P95, P110, or V129. The inclusion bodies of these recombinant proteins overexpressed in E. coli BL21(DE3) were subsequently dissolved using 6 M urea and then refolded by stepwise dialysis. Compared to the unfolded wild-type antigen, the refolded M3b antigen (W84S, P110S and V129L) exhibited an increase of 66% antigenicity with binding capacity of 0.96 and affinity of 113 μM−1. Moreover, the 33% decrease of the production demand suggests that M3b is a potential substitute for anti-HCV antibody detection
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