Risk and return of U.S. water transportation stocks over time and over bull and bear market conditions

The aim of this paper is to investigate the behaviour of water transportation company stock returns in the U.S. stock exchanges from 1985 to 1994 in order to determine whether the systematic risk of this industry is different from that of the 'average' company in the market, whether it has changed over the ten year period, over bull and bear market conditions, and whether there is a firm 'size' effect in the industry. In the context of the Capital Asset Pricing Model (Capm), we find that the systematic risk of the shipping industry return is not different from that of the 'average' company. It is also found that the covariance of water transportation companies with respect to the overall stock market return did not change over the ten year period although it appears that it has changed over normal upward/downward market movements. There is also reasonable evidence that the intercept of the equation might have changed over normal upward/downward market movements. Finally, we document contradictory evidence regarding the size effect; during the period 1985-1989 we find small companies to have significantly higher returns and risk while during the period 1990-1994 medium size companies tend to have higher risk than small and large firms, which is not however compensated by higher returns.     

地铁整合建设与广州市可持续发展

从城市可持续发展的角度出发,探讨了地铁与城市发展、地铁经济、交通网络、地下空间、地铁文化之间的整合建设.今后地铁开发应该做好规划,实施综合开发,改善乘车环境,充分发挥地铁对可持续发展的作用.     

Automobile Directional Characteristics and Driver Steering Performance

Driver steering performance in a simple circular lane-keeping task, as dependent on the directional response characteristics of the vehicle, was measured. Response Surface Methodology models of steering performance are presented. Several canonical variables describe the drivers responses to vehicle changes. Clear-cut optimum vehicle characteristics cannot be determined, but certain combinations of vehicle characteristics are seen to be undesirable for various reasons related to theoretical mechanisms of driver steering control.     

Dynamic Interactions Between Travelling Vehicles and Guideway Systems

The technical state-of-the-art of ground transportation vehicles interacting with flexible, perturbed guideway systems is reviewed with emphasis on high-speed passenger-carrying systems. Currently available modelling, analysis, and simulation techniques as well as parametric results illustrating the dominant interaction dynamics are summarized. Experimental studies and correlations of field data with analytical results are described and areas in which further research is required are identified.     

生物法处理生活污水脱氮除磷效果分析

通过对铁道部无锡干部培训基地（以下简称培训基地）的生活污水的生物法处理效果观察，探析兼氧／好氧生物处理系统的脱氮除磷原理并对影响处理效果因素进行分析。     

工厂火灾,爆炸场所危险度综合评价法

为减少火灾事故，介绍了“工厂火灾、爆炸场所危险度综合评价法”，“道氏法”是该法的基础。分析了“道氏法”的不足，而提出了固定危险和现实补偿的综合性计算方法。还通过实例记述了新方法的优点、基本原理和应用方法。该法能用于评价工厂企业危险设备、装置与场所的火灾、爆炸危险程度。     

不同外加剂对OGFC混合料路用性能的影响

OGFC为开级配沥青混合料,主要由粗集料嵌挤组成,在世界各地越来越广泛地用于铺筑路面.OGFC混合料可以增大路表面渗透性,减少噪音,增强表面摩擦力,尤其是在潮湿条件下.该文主要研究不同外加剂对OGFC路用性能的影响,其混合料分别由再生聚乙烯改性沥青(RPEB)、橡胶粉改性沥青(CRMB)和70#基质沥青+纤维与矿料拌和而成.并分别采用析漏试验、肯塔堡飞散试验、渗水试验、劈裂试验、静态模量试验,车辙试验和抗滑试验评估OGFC混合料的路用性能.结果表明:纤维和聚合物可以有效地减小OGFC离析的可能性,混合料每面击实50次能相应地提高磨耗性和其他相关的性能.改性沥青混合料的抗拉强度比(TSR)低于纤维+基质沥青混合料的抗拉强度比.     

Analysis of Driver's Decelerating Strategy in a Car-following Situation

This report describes a decelerating driver-model expressed by driving mode transition in car-following situations. The assumptions for constructing the model are that decelerating strategy of a driver is classified into several simple driving modes and that a driver changs his driving modes based on his perceptible characteristics and experiential rules. Deceleration action is divided into three states; following, standing and braking, which are applied to the model. The model has two paths for driver's decelerating action, one of which is selected by the driver based on the perceptible characteristics and experiential rules. The suitability of the model has been experimentally verified.     

Simulation of flow in diesel particulate filter system using metal fiber filter media

Metal fiber is introduced as a new filter media in wall-flow Diesel Particulate Filter (DPF) system. This technology has high temperature durability which is required for filter regeneration, and can maintain the mechanical strength even in the extreme exhaust-related vibrations of vehicles. However, the regeneration near the wall (outer layer) is more difficult because of the heat loss and reduced gas flow near the wall. In this study, a flow is simulated to determine the flow control method for the more uniform flow in all filter layer. By using Star CCM+ commercial software, we obtain local velocity, streamline, and pressure distributions in the filter, which are typically difficult to obtain from measurements. The major control factors are the filter porosity, size and location of the distribution plate, and the number of blades of the swirler. By placing the distribution plate in front of the filter, the flow velocity near the wall was increased. The optimum location and size of the flat plate were chosen. By attaching the blade on the plate the flow velocity near the wall was increased more. Therefore, the regeneration efficiency is increased by using the swirler-type metal fiber DPF system.