“保险性质”期权定价模型及其应用研究

针对传统期权风险大的特点，以欧式看涨期权为基础提出一种风险小、价格低的特殊期权——“资产保险性质”期权，即期权买者出于对标的资产的保险目的，签订期权合约后，若标的资产价格上涨，期权买者将其一部分收益支付给期权卖者，以这种交易方式对传统期权产品进行改进并重新定价，从而得出“保险性质”期权及其定价公式。针对和传统期权的价格变动状况，用Excel进行了模拟比较，证明了“保险性质”期权价格低（吸引期权买者）、风险小（利于期权卖者的风险控制）的特点。“保险性质”期权产品的开发将对我国各类金融市场的建设具有现实意义。     

欧盟《非合同之债法律适用条例》评析

《非合同之债法律适用条例》实现了欧盟非合同之债法律选择规则的统一,是欧盟国际私法"共同体化"的重要进展。《条例》在法律选择的一般规则中采取结果发生地、意思自治、共同属人法与例外条款相结合的做法,同时规定了具体关系的冲突规范以及法律选择中的其他问题。《条例》为我国非合同之债法律选择立法提供了借鉴。     

Gender differences and equality issues in Europe: critical aspects of gender mainstreaming policies

Gender mainstreaming is the major global strategy for the promotion of gender equality. Clear intergovernmental mandates for gender mainstreaming have been developed for all the major areas of work of the United Nations and the European Commission, including disarmament, poverty reduction, macro-economics, health, education and trade. The evaluation of equal opportunities mainly focuses on qualification measures for unemployed women and improvements in childcare facilities, and on consideration of gender mainstreaming in other policy areas as well as macro-economic effects on employment and unemployment of women. It is evident that the promotion of qualification measures and childcare facilities increases the activity rate of women, although there remain doubts about the quality and sustainability of many measures and the impact on families. In particular this article focuses on the relation between gender mainstreaming and equality issues to examine whether and how the debate on the topic is a real way to improve equality without missing gender differences and women's rights.     

The Tunnel at the End of the Light: the Crisis of Transition in Hungary

The economic, political and social transition processes of the last two decades, far from being in harmony, clearly have a detrimental rather than an enriching influence on each other. These processes will never become harmonised just by themselves in a natural fashion. The worst obstacle of a successful transformation is that the chief actors, such as the government, the market and the representatives of the society. The Prince, the Merchant and the Citizen do not show the necessary commitment, competence and determination to create a new, effective type of partnership. This is a challenge which urgently demands answers on all levels of governance, economic and social life. This must be done in the frames of local communities, and on the regional, the European and the global levels. Nearly twenty years after the political turnabout, Hungary now needs a new social contract and must lay down the ethical, political, institutional and intellectual foundations for its twenty-first century democracy.

论欧共体反倾销退税制度

欧共体在反倾销立法之初就设立了反倾销退税制度,并在实践中不断加以改进,以纠正预期征收反倾销税可能造成的过度征税问题。了解欧共体反倾销退税制度,有利于我国完善反倾销退税制度。我国企业也应有效利用退税制度,维护自己和他国贸易伙伴的合法利益。     

略谈"共同体利益"在欧共体反倾销法中的应用

欧共体反倾销法的一个显著特点就是将"共同体利益"作为考虑反倾销措施的必要条件。在长期的反倾销立法和实践中,"共同体利益"涵盖的内容不断丰富和完善,其重要性也逐渐增强。由于诸多因素,"共同体利益"规定和应用上存在很大缺陷,分析其利与弊,对我国反倾销和应诉欧共体反倾销都有着重要的现实意义。     

欧盟航空碳税的法理分析

大气环境是人类共同资源,保护共同资源应体现不同历史责任,体现代际公平与代内公平.航空碳关税政策具有正义性,有利于实施全球性的行业减排,有助于人们调整生产和消费方式.但是,全球性的共同问题由区域法律规范调整不公平也难以实施.航空碳关税政策隐藏着利益博弈,国家之间的利益调整应通过制定国际法规则,在尊重平等权的基础上,坚持生存权优先地位.     

试析欧陆哲学与中国哲学思想上的“亲和性”

考察近代中西哲学交流、传播史,我们发现英美等自由主义不易为中国所接受,而欧洲哲学则反是。若探究其原因,可从民族维度、时代维度进行双重考量。民族维度主要基于哲学的性质,时代维度则主要从时代背景、政治环境着手。我们研讨两种不同的哲学在中国传播的命运,乃在于为中西哲学文化会通尤其为马克思主义的"深层中国化"提供智力支持和理论依据。     

A robustness framework for monitoring real options under uncertainty

This paper presents a problem structuring methodology to assess real option decisions in the face of unpredictability. Based on principles of robustness analysis and scenario planning, we demonstrate how decision-aiding can facilitate participation in projects setting and achieve effective decision making through the use of real options reasoning. We argue that robustness heuristics developed in earlier studies can be practical proxies for real options performance, hence indicators of efficient flexible planning. The developed framework also highlights how to integrate real options solutions in firms’ strategic plans and operating actions. The use of the methodology in a location decision application is provided for illustration.