The disjoint of practical penalty extent between penalties is that the disjoint of practical penalty extent between life imprisonment and set term of imprisonment,between reprieve of death penalty,a kind of death penalty,and life imprisonment,between executive death penalty,and reprieve of death penalty.
各刑种实际刑度间的不衔接指的是无期徒刑和有期徒刑之间、死刑中的死缓与无期徒刑之间、死刑立即执行与死缓之间刑罚程度的不衔接。
Based on the specification of the trading mechanism of China Stock Market and the characteristics of the investors,the paper constructs an upward artificial stock market,where the investors expected holding periods are influenced by the volatility of the stock price and also reflect the investors strategy.
基于对中国股票市场的连续竞价交易机制和投资者构成特征的分析,本文构建了一个向上增长的人工模拟订单驱动股票市场模型,其中投资者的持有期会受到股票价格波动的影响,并能够反映投资者的投资策略。
By subjecting the holding period returns to various alternative benchmarks,a tendency of underperformance is found to be strikingly evident on that market within a period of one to five years after the initial public offering(IPO).
通过与多种参照系对比,该市场的IPO上市后1-5年的持有期收益表现出显著的弱势趋势。