投资者情绪生成机理的研究

基于标准金融理论与行为金融理论相结合的思想，力图刻画投资者情绪的生成机理。以引起投资者情绪变化的货币环境、市场收益、市场波动、相关资产收益等因素为起点，引入市场投资价值、市场预期两个中间变量，建立了包含直接和间接影响两类路径的投资者情绪生成概念模型。使用中国股市2014年7月1日至2017年3月31日间的667组日度数据，在VAR建模的基础上开展实证研究。实证结果表明市场收益对投资者情绪具有直接的正向影响，市场波动和相关资产收益两因素基于市场预期中介变量间接负向作用于投资者情绪，而修正后引入的经济周期波动变量可以基于市场投资价值中介变量对投资者情绪产生正向影响，并进一步发现了市场收益、市场投资价值与投资者情绪之间存在正反馈强化过程。研究揭示出了投资者情绪生成的影响因素体系及其实现路径，将该领域研究深入到机理分析层面，并从一个侧面佐证了中国股市过度投机行为的存在。     

从造字到造形：汉字形体结构与书法艺术

汉字作为一种书写形体，笔画组合的丰富多样和间架结构的灵活多变，而使其“字形”成为复杂的美学构成，“书写”成为“书法”，并完成从造字到造形的转变。书法是汉字书写艺术，书法艺术深藏于汉字独特的形体结构之中。三位一体的整体架构、二维方块结体、平衡对称等汉字在形体构造上的诗性特征，既是人们对文字形体的一种审美预期，也是书法学家在书法创作时努力追求的美感。     

Where college students look for vaping information and what information they believe

Abstract

Objective: This convergent mixed methods study examined how information sources influence college students’ beliefs and knowledge about vaping. Participants: College students either completed a survey (n?=?522; January–April, 2016) or were interviewed (n?=?33; 2015–2016). Methods: College students completed an online survey asking ‘where’ students had heard about e-cigarette and ‘what’ they had heard. Responses were quantified and a chi-square analysis was conducted. Additional college student e-cigarette users were interviewed about the credibility of information sources. Thematic analysis was conducted with the coded interviews. Results: There was a significant relationship between information sources for e-cigarettes (social sources, media, advertising, education/research) and the messages they recalled. Friends who vaped and e-cigarette users were the most credible information sources. Confirmation bias and scientific impotence bias characterized assessment of e-cigarette information. Conclusions: Health education specialists working on college campuses should provide accurate information via communication channels most unitized by college students.     

混频投资者情绪与股票价格行为

采用混频数据抽样模型(MIDAS)研究了混频投资者情绪对中国股市收益率及其波动的影响.通过构建日度、周度及月度这三种不同频率的投资者情绪,实证结果发现,混频情绪对当期收益率及其波动都存在显著的正向影响,并且与传统回归模型相比,MIDAS模型具有更强的解释能力.本文进一步使用GARCH-MIDAS模型研究了混频情绪对收益率波动长期成分的影响,发现混频情绪能够显著影响收益的长期波动.     

Negotiating Accessibility for Electronic Resources

Abstract

Accessibility of library electronic resources is a must. Its importance derives from professional ethics of librarianship, rising total costs of acquisition, and mounting legal challenges to colleges and universities that fail to provide resources accessible to users with disabilities. Library staff are responsible for ensuring the accessibility of vendor-licensed eresources. This column reviews the accessibility clauses of nine model license agreements for electronic resources. It describes terms that should go into an optimal accessibility clause and creates a composite model clause. It also provides guidance for library staff seeking to negotiate stronger accessibility language into vendor license agreements. Finally, it addresses the impact of accommodation requests on the total cost of acquiring library eresources, concluding with a call to redouble efforts to advocate for greater accessibility and educate both vendors and library staff about its importance.     

电子校务在地方高校考务管理中的应用现状及对策

电子校务是国家电子政务建设的重要组成部分，是学校应用现代信息化通信技术、借助互联网对管理和服务进行的优化和创新，电子校务在高校中的应用虽然取得了一定的成效，作为教务管理模块中的考务管理却鲜有被涉及。课程考试是我国高校教务管理工作中的一项重要工作，考务管理则是保证对学生进行有效考核的基础。因此，如何利用先进管理理念和信息化技术手段对考务管理模式进行优化，提高高校人才培养质量，已成为高校亟待研究、解决的问题。     

In the flesh: a poetic inquiry into how fat female employees manage weight-related stigma

ABSTRACT

This paper engages with the question of how fat female employees manage weight-related stigma at work. We use poetic inquiry to show the reader how it feels for our participants to be stigmatized based on their size. We interviewed 22 women who self-identify as full-figured, fat, overweight, or obese. The results consist of six poems, five of which were written by us, the researchers. These ‘tri-voiced poems’ (Leavy 2010b) illustrate the spectrum of affective responses and stigma management strategies that our participants talked about, ranging from feeling anxious, super-smart, impeccable, and funny to rebellious and confident. The sixth poem was written by one of our participants and voices her first-person experiences and perspective. Our aim is to do justice in our writing to the emotions that circulated in the interviews and to make a political statement with regards to the stigmatizing practices in organizations related to size and health.     

Functional and emotional traits of corporate social media message strategies: Behavioral insights from S&P 500 Facebook data

Drawing from literature regarding public engagement, the Elaboration Likelihood Model (ELM), computer-mediated communication research, and emotion psychology, this study examines the effects of companies’ social media communication strategies on public engagement behaviors as indexed by post likes, shares, and comments. Specifically, it investigates how corporate Facebook posts’ functional traits (functional interactivity and vividness) and emotional traits (emotion presence, valence, and strength) impact public engagement online. Through data mining and computer-assisted sentiment analysis of 33,379 posts from 106 Standard & Poor 500 companies’ Facebook accounts, this study finds a negative effect of functional interactivity but a positive effect of vividness on engagement. It also shows that emotional traits overall yield stronger public engagement outcomes. Two-way interactions between emotional and functional features are also detected. Theoretical and practical implications are discussed.     

Propensity score prediction for electronic healthcare databases using super learner and high-dimensional propensity score methods

ABSTRACT

The optimal learner for prediction modeling varies depending on the underlying data-generating distribution. Super Learner (SL) is a generic ensemble learning algorithm that uses cross-validation to select among a ‘library’ of candidate prediction models. While SL has been widely studied in a number of settings, it has not been thoroughly evaluated in large electronic healthcare databases that are common in pharmacoepidemiology and comparative effectiveness research. In this study, we applied and evaluated the performance of SL in its ability to predict the propensity score (PS), the conditional probability of treatment assignment given baseline covariates, using three electronic healthcare databases. We considered a library of algorithms that consisted of both nonparametric and parametric models. We also proposed a novel strategy for prediction modeling that combines SL with the high-dimensional propensity score (hdPS) variable selection algorithm. Predictive performance was assessed using three metrics: the negative log-likelihood, area under the curve (AUC), and time complexity. Results showed that the best individual algorithm, in terms of predictive performance, varied across datasets. The SL was able to adapt to the given dataset and optimize predictive performance relative to any individual learner. Combining the SL with the hdPS was the most consistent prediction method and may be promising for PS estimation and prediction modeling in electronic healthcare databases.     

Underground testing: Name-altering practices as probes in electronic music

Name-altering practices are common in many creative fields—pen names in literature, stage names in the performing arts, and aliases in music. More than just reflecting artistic habits or responding to the need for distinctive brands, these practices can also serve as test devices to probe, validate, and guide the artists’ active participation in a cultural movement. At the same time, they constitute a powerful probe to negotiate the boundaries of a subculture, especially when its features are threatened by appropriation from the mass-oriented culture. Drawing evidence from electronic music, a field where name-altering practices proliferate, we outline dynamics of pseudonymity, polyonymy, and anonymity that surround the use of aliases. We argue that name-altering practices are both a tool that artists use to probe the creative environment and a device to recursively put one’s creative participation to the test. In the context of creative subcultures, name-altering practices constitute a subtle but effective form of underground testing.