Question

求助啊，不懂英文 论文要翻译，工具翻译出来都狗屁不懂的。。求大侠们帮助

The uncertain future over which the firm optimizes is approximated by a set of possible price scenarios. Such scenarios are generated based on time series models for input and output prices, as well as for prices of competing financial instruments. While competing investments may refer, for instance, to stock of the process industry in consideration or to futures markets of inputs and outputs of that industry,it is crucial to allow interdependence in price processes. Such short and long run interdependencies are often described by vector autoregressive and vector error correction models (Engle & Granger, 1987; Johansen, 1988). A contribution of this article is the development of an approach to account for interdependencies in the investment analysis.

Answer 1

不确定的未来指本公司优化近似为一个可能的价格情景。产生这种情况的基础上进行输入和输出价格时间序列模型，以及金融工具的价格竞争。虽然竞争性投资可参考，例如，在考虑到或输入和输出的该行业产业股票期货市场的过程中，关键是让价格过程中的相互依存关系。这种短期和长期的相互依存关系经常被描述的向量自回归和向量误差修正模型（恩格尔和格兰杰，1987;约翰森，1988）。本文的一个贡献，是一个相互依存关系在投资分析的方法来考虑发展。