273 research outputs found

    Democracy and economic growth: a perspective of cooperation

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    Does democracy cause higher economic growth? We build a model taking culture and interpersonal cooperation into account and find that democracy increases economic productivity through giving people more equal rights, which allows people to build a larger interpersonal network so that they can reduce investment risk and employ high-productivity (high-risk) methods in production

    Investor Sentiment, Venture Capital, R&D Investment, and IPO Underpricing: An Empirical Analysis of Chinese Star Market

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    The Shanghai Science and Technology Innovation Board (STAR) led the Chinese capital market revolution with a registration system and showed a high Initial Public Offering (IPO) underpricing rate. This study investigates the impact of the research & development ratio, venture capital, and investor sentiment, on the IPO underpricing rate. The study utilizes STAR data from July 2019 to Dec 2022 listing 457 companies and employing the Ordinary Least Squares (OLS) model to conduct the analysis. The results indicate that venture capital and investor sentiment are positively related to IPO underpricing, while R&D investment negatively influences IPO underpricing. The examination of the determinants shaping IPO underpricing within the Chinese STAR market constitutes a valuable endeavor that facilitates a comprehensive and methodical comprehension of this specific facet of the capital market

    Optimization of the Front-end Logistics Routes of Agricultural Products Based on Network Platform

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    Aiming to promote the effective connection between the individual farmers and the modern “big market” and improve the logistics efficiency of agricultural products, this paper offers a logistics model for decentralized production to achieve organized information and large-scaled transportation. Based on the in-depth analysis of the traditional agricultural product logistics chain, this paper originates a network logistics model for agricultural products. It constructs a two-stage framework (grouping first and then scheduling), analyzes the “First Mile” logistics routes, and then uses the improved loop routes optimization algorithm to obtain the approximate optimal solution to the model. Through example verification, it is found that the model can help improve the efficiency of logistics distribution and save the logistics costs of small agricultural products from fragmented land. Moreover, the results show that the agricultural product logistics method based on overall transportation and information management is obviously superior to the traditional logistics methods

    Your Smart Home Can't Keep a Secret: Towards Automated Fingerprinting of IoT Traffic with Neural Networks

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    The IoT (Internet of Things) technology has been widely adopted in recent years and has profoundly changed the people's daily lives. However, in the meantime, such a fast-growing technology has also introduced new privacy issues, which need to be better understood and measured. In this work, we look into how private information can be leaked from network traffic generated in the smart home network. Although researchers have proposed techniques to infer IoT device types or user behaviors under clean experiment setup, the effectiveness of such approaches become questionable in the complex but realistic network environment, where common techniques like Network Address and Port Translation (NAPT) and Virtual Private Network (VPN) are enabled. Traffic analysis using traditional methods (e.g., through classical machine-learning models) is much less effective under those settings, as the features picked manually are not distinctive any more. In this work, we propose a traffic analysis framework based on sequence-learning techniques like LSTM and leveraged the temporal relations between packets for the attack of device identification. We evaluated it under different environment settings (e.g., pure-IoT and noisy environment with multiple non-IoT devices). The results showed our framework was able to differentiate device types with a high accuracy. This result suggests IoT network communications pose prominent challenges to users' privacy, even when they are protected by encryption and morphed by the network gateway. As such, new privacy protection methods on IoT traffic need to be developed towards mitigating this new issue

    Quantum Gaussian process regression

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    In this paper, a quantum algorithm based on gaussian process regression model is proposed. The proposed quantum algorithm consists of three sub-algorithms. One is the first quantum subalgorithm to efficiently generate mean predictor. The improved HHL algorithm is proposed to obtain the sign of outcomes. Therefore, the terrible situation that results is ambiguous in terms of original HHL algorithm is avoided, which makes whole algorithm more clear and exact. The other is to product covariance predictor with same method. Thirdly, the squared exponential covariance matrices are prepared that annihilation operator and generation operator are simulated by the unitary linear decomposition Hamiltonian simulation and kernel function vectors is generated with blocking coding techniques on covariance matrices. In addition, it is shown that the proposed quantum gaussian process regression algorithm can achieve quadratic faster over the classical counterpart

    CRISPR artificial splicing factors.

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    Alternative splicing allows expression of mRNA isoforms from a single gene, expanding the diversity of the proteome. Its prevalence in normal biological and disease processes warrant precise tools for modulation. Here we report the engineering of CRISPR Artificial Splicing Factors (CASFx) based on RNA-targeting CRISPR-Cas systems. We show that simultaneous exon inclusion and exclusion can be induced at distinct targets by differential positioning of CASFx. We also create inducible CASFx (iCASFx) using the FKBP-FRB chemical-inducible dimerization domain, allowing small molecule control of alternative splicing. Finally, we demonstrate the activation of SMN2 exon 7 splicing in spinal muscular atrophy (SMA) patient fibroblasts, suggesting a potential application of the CASFx system
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