Modeling managerial behavior in real options valuation for project-based environments

Project valuation, as a decision-making tool for initiating investments in projects, should be able to value project flexibilities and incorporate reasonable risk preferences of relevant decision makers. Real options valuation methods are the available approaches for valuing project flexibilities, whereas they have shortcomings in considering managers’ reasonable risk preferences in project decisions. Therefore, researchers have suggested approximating the perspective on risk of real options methods and practitioners in project management. This study proposes a fair real options valuation for project-based environments by a behavioral economic approach, which adopts binomial lattice method, Monte-Carlo simulation, and cumulative prospect theory. The results show that behavioral factors such as ‘risk attitude’ and ‘loss aversion’ should be accepted in project investment decisions while limited to an acceptable amount depending on the project conditions (e.g. uniqueness of decision-making scenarios). This research contributes to the project management domain by enhancing project investment decisions that include project flexibilities.     

GaN中质子辐照损伤的分子动力学模拟研究

本文利用分子动力学方法研究了GaN在质子辐照下的损伤。对不同能量（1~10 keV）初级离位原子（PKA）引起的级联碰撞进行了研究，分析了点缺陷与PKA能量的关系、点缺陷随时间的演化规律、点缺陷的空间分布及点缺陷团簇的尺寸特征。研究结果表明，点缺陷的产生与PKA能量呈线性关系，不同类型的点缺陷随时间演化规律相似，点缺陷多产生在PKA径迹旁，点缺陷团簇多为孤立的点缺陷和小团簇。     

In‐plane shear damage behaviours of 2D needled C/SiC composites

Understanding the in‐plane shear behaviour of composites is essential to establish the design basis for practical applications. This study aims to investigate the shear damage behaviours of 2D needled C/SiC composites by various characterization techniques. The effect of layer arrangement on shear modulus and strength was discussed via shear stress‐strain responses. The shear strain field evolution and uniformity variation were studied by digital image correlation. It shows that the uniformity of shear strain field changes with the shear load, and the shear strain field evolution consist of 5 stages. The electrical resistivity measurement results indicate that structural deformation and damage evolution caused the electrical resistivity change. Furthermore, the damage evolution has a double effect on the electrical resistivity variation. The acoustic emission monitoring shows that the shear damage evolution is a 3‐stage nonlinear process before failure. The shear damages were categorized via acoustic characteristics. Besides, the postfailure behaviours were also discussed in this study.     

Dual pH‐ and thermal‐responsive nanocomposite hydrogels for controllable delivery of hydrophobic drug baicalein

Hydrogels have been widely used as mild biomaterials due to their bio‐affinity, high drug loading capability and controllable release profiles. However, hydrogel‐based carriers are greatly limited for the delivery of hydrophobic payloads due to the lack of hydrophobic binding sites. Herein, nano‐liposome micelles were embedded in semi‐interpenetrating poly[(N‐isopropylacrylamide)‐co‐chitosan] (PNIPAAm‐co‐CS) and poly[(N‐isopropylacrylamide)‐co‐(sodium alginate)] (PNIPAAm‐co‐SA) hydrogels which were responsive to both temperature and pH, thereby establishing tunable nanocomposite hydrogel delivery systems. Nano‐micelles formed via the self‐assembly of phospholipid could serve as the link between hydrophobic drug and hydrophilic hydrogel due to their special amphiphilic structure. The results of transmission and scanning electron microscopies and infrared spectroscopy showed that the porous hydrogels were successfully fabricated and the liposomes encapsulated with baicalein could be well contained in the network. In addition, the experimental results of response release in vitro revealed that the smart hydrogels showed different degree of sensitiveness under different pH and temperature stimuli. The results of the study demonstrate that combining PNIPAAm‐co‐SA and PNIPAAm‐co‐CS hydrogels with liposomes encapsulated with hydrophobic drugs is a feasible method for hydrophobic drug delivery and have potential application prospects in the medical field. © 2018 Society of Chemical Industry     

Simultaneous identification of structural stiffness and mass parameters based on Bare-bones Gaussian Tree Seeds Algorithm using time-domain data

This paper mainly illustrates the Tree Seeds Algorithm (TSA) to tackle structural damage identification problem. The damage model is simulated by the alterations of both stiffness and mass parameters. The objective function is introduced by minimizing the differences between the measured and calculated acceleration data. To enhance the performance of the standard TSA, two modifications including the bare-bones Gaussian updated mechanism and the withering process are introduced. The modified algorithm is named after the BGTSA. In the numerical simulation part, the BGTSA is firstly used to make comparisons with several state-of-the-art algorithms on the CEC05. Secondly, the BGTSA is utilized to deal with the structural damage identification problem by optimizing the acceleration-based nonlinear objective function. Numerical experiments involving a simply supported beam and a truss are carried out to verify the effectiveness of the proposed algorithm. The final results show that with low amount of acceleration data, the BGTSA can acquire better identification results compared with other evolutionary algorithms. Therefore the proposed algorithm could be viewed as a potential tool to solve the structural damage identification problem.     

Strain-rate dependence of surface/subsurface deformation mechanisms during nanoscratching tests of GGG single crystal

Constant- and varied-depth nanoscratching tests of GGG single crystal were carried out at different scratching velocities. The morphologies of the scratched grooves and chips were analysed using scanning electron microscope. The experimental results indicated that higher scratching velocity led to shallower penetration depth, shallower residual depth, and larger continuous chips. Increasing the scratching velocity could effectively improve the plasticity and reduce the brittle-to-ductile transition depth of GGG single crystal. Based on the contact stress and contact area between the analysed sample and Berkovich indenter, a model for predicting the penetration depth was developed, which took into account the strain rate effect and elastic recovery of materials. The model was verified using constant- and varied-depth nanoscratching tests, and the predicted and experimental results were in good agreement. Subsurface damage underneath the ductile surface was characterised using transmission electron microscope. The TEM results demonstrated that higher scratching velocity led to the slipping planes appearing in more directions, which prevented the generation of long slipping plane and reduced the depth of the damage layers. The plastic deformation of GGG at the scratching velocity of 100 μm/s was dominated by poly-crystalline nanocrystallites and amorphous phases, and was similar to that at the low scratching velocity. This study provided a fundamental understanding of the strain-rate dependence of surface/subsurface deformation mechanisms of GGG during ultra-precision machining.     

Reaction synthesis of spark plasma sintered MoSi2-B4C coatings for oxidation protection of Nb alloy

MoSi₂-B₄C coatings with different B₄C contents were prepared on Nb alloy by spark plasma sintering (SPS) process. Powder mixtures of Mo, Si and B₄C were used as the coating starting materials. Besides MoSi₂ and B₄C phases, small amounts of SiC and MoB are also found in the coatings because of the reactions of Mo, Si and B₄C powders during sintering. Compared with single MoSi₂ coating, the MoSi₂-B₄C coatings show better oxidation resistance at 1450?℃, and dense B₂O₃-SiO₂ oxide scales form after 100?h oxidation. The B₄C or MoB in the MoSi₂-B₄C coatings can serve as the B donor for the formation of B₂O₃. A slight degradation in the microstructure of the MoSi₂-B₄C coatings after oxidation is observed, which can be attributed to the presence of an NbB layer in the inter-diffusion zone of the coatings that retards the inward diffusion of Si from the coating into the substrate alloy. The microstructure development and oxidation behavior of the MoSi₂-B₄C coatings have been discussed.     

高熵合金的抗辐照性能研究进展

高熵合金作为一种新型多主元固溶体合金，成分复杂、全局无序，且具有多主元效应，表现出较为优异的综合性能，有望作为新型抗辐照结构材料应用于先进核能反应堆系统。本文介绍了目前高熵合金抗辐照性能的研究现状，主要涉及高熵合金辐照缺陷演化、微观结构变化和性能退化等辐照损伤演化过程，梳理了多主元效应对辐照损伤演化过程的影响规律。针对高熵合金的抗辐照性能研究，总结了目前高熵合金的几种抗辐照损伤机制，归纳了高熵合金抗辐照性能研究存在的问题，以及对高熵合金后续的研究方向进行了展望。     

On the Barzilai-Borwein basic scheme in FFT-based computational homogenization

Building upon the equivalence of the basic scheme in the work of Moulinec and Suquet with gradient descent methods, we investigate the effect of using the celebrated Barzilai-Borwein step size selection technique in this context. We provide an overview of recent convergence theory and present efficient implementations in the context of computational micromechanics, with and without globalization. In contrast to polarization schemes and fast gradient methods, no lower bound on the eigenvalues of the material tangent is necessary for the Barzilai-Borwein scheme. We demonstrate the power of the proposed method for linear elastic and inelastic large scale problems with finite and infinite material contrast.     

基于数据挖掘的开源电子资源访问行为统计模型

为了解决当前图书馆资源个性化推荐过程中存在推荐的准确率、召回率以及效率较低的问题,采用二维距离模型构建用户社区模型,用于描述访问用户与图书馆开源电子资源之间的关系,并对互联网用户需求和访问行为进行模糊规则推理.依据互联网用户属性和图书馆资源访问需求属性之间的模糊规则,建立图书馆开源电子资源访问行为统计模型,并利用该模型向用户提供个性化推荐服务.仿真结果表明,所建模型的推荐召回率高达98. 4%,推荐准确率为99. 2%,运行时间小于0. 04 s.所建模型能够为互联网用户提供准确、高效地图书馆资源个性化推荐服务.