博士，现任湖南大学工商管理学院教授，博士研究生导师，湖南省技术经济与管理现代化研究会副秘书长，院学科建设与科研管理中心副主任。
办 公 室：工商管理学院A501-3、办公电话：86-、E-mail：yangkuan@hnu.edu.cn




基本信息
杨宽，博士，现任湖南大学工商管理学院教授，博士研究生导师，湖南省技术经济与管理现代化研究会副秘书长，院学科建设与科研管理中心副主任。国家自然科学基金重点项目核心骨干成员，主持国家自然科学面上项目1项，省部级课题3项，承担企事业单位横向课题2项，校级重点课题1项。具体包括：主持承担国家自然科学面上项目（**）“基于供应商开发的特征条件集动态风险识别及其控制研究”及主持2012年度省自然科学面上项目（12JJ3081 ）“基于特征条件异质分析的投资组合绩效动态评价研究”，主持教育部一般项目（教财司预函[2011]185号） “基于特征条件异质分析的投资组合绩效动态评价研究”以及2012年度教育部人文社科基金（12YJA630170）“异质偏好供应商开发动态供应风险控制及决策研究”，主持2011年度教育部专项重点项目“特征条件的投资组合绩效动态评价研究”等。另外，作为主研人员参与国家自然科学基金重点项目、国家自然科学基金面上项目与国家社会科学基金项目4项，作为核心骨干成员参加省部项目10多项。在国外SCI源刊发表学术论文2篇，在国外EI源刊发表学术论文2篇，在国内外管理学科重点学术期刊发表学术论文二十余篇，其中重点期刊5篇，CSSCI收录10篇，CSCD收录7篇，ISTP检索6篇次，EI检索2篇次，其中多篇被EI核心与ISTP等国际著名检索机构收录。发表刊物包括国家自然科学基金委管理学部认定的国内30种重要的学术刊物A类中的《管理科学学报》、《中国管理科学》、《数量经济技术经济研究》等。公开出版个人专著《投资组合绩效评价及其实证研究》（知识产权出版社），《沪深300股票指数期货投资分析》（知识产权出版社），主编教材《投资学》（清华大学出版社），参编《行为金融理论与实证》（湖南大学出版社），译著参编《投资学学》（机械工业出版社）。
教育背景
2002.09-2005.05 湖南大学 管理科学与工程 博士
1999.09-2001.12 湖南大学 管理科学与工程 硕士
1986.09-1990.06 湖北汽车工业学院 工业工程 学士
职业经历
2006.09~至今
湖南大学工商管理学院副教授、硕士生导师（2011年起任工商管理学院学科建设与科研管理中心副主任）
2011.05~至今
湖南省技术经济与管理现代化研究会副秘书长
2005.05~2006.09
湖南大学工商管理学院讲师
1990.07~1999.08
湖南省水利工程机械有限责任公司工程师
社会兼职
国家自然科学基金项目通讯评审专家、湖南省资产评估项目评审鉴定专家、教育部人文社会科学规划项目评审专家、湖南省自然科学基金项目通讯评审专家、北京自然科学基金项目通讯评审专家、湖南省技术经济与管理现代化研究会副秘书长。
行业领域
汽车、钢铁、媒体、零售、烟草、通讯行业、建筑业
企业合作
服务客户包括中国移动、湖南建工集团、湖南电广传媒、金健米业、江南公司、华菱钢铁公司等企事业单位。
招收学生的基本要求
善于均衡工作、家庭与学习的关系，能够投入时间在管理理念学习和思想交流上；具有较为明确的职业发展目标，能够根据老师的指导主动自发地完成课程学习与论文撰写。（欢迎跨专业学生报考，文理兼招）。


研究领域
1. 供应链与物流管理
2. 投融资决策与风险管理
3. 传播控制与管理


讲授课程
本科：投资学，管理学
MBA &硕士：高级金融理论、投资学


研究成果
1、著作
［1］杨宽．投资学．北京：清华大学出版社，2016
简介：本书分为投资学基础、证券的发行和交易、证券的收益与风险、最优资产组合选择、资本资产定价模型、因素模型与套利定价理论、有效市场假说、行为金融、股票基本面分析、技术分析、股票估值、债券的基础、债券的组合管理、期权与期权定价、期货市场、证券投资基金、投资绩效衡量十七个部分，基本原理和实务操作并重，覆盖面较广。全书内容安排力求紧跟形式变化，辅以丰富的教学案例凸显操作性，每章后面的思考练习题可以帮助读者更容易重点理解基本原理和操作技术，使其能更好地掌握各种金融工具和分析方法的应用。
［2］杨宽．供应链优化与决策．广州：世界图书出版公司，2016
简介：全书内容共分为12章，主要包括客户订单解耦点基本理论、最优解耦点与生产库存决策的基本动态模型、易逝品供应链中满足特定约束的决策模型、基于易逝率和时变需求的最优解耦点决策模型、供应链优化决策与协调的相关理论、零售商损失规避时的供应链协调、多零售商损失规避时供应链协调、内生偏好零售商的供应链协调研究、供应商的选择与评价指标体系、供应商的选择与评价方法、供应商合作与开发及异质偏好决策研究等，涵盖了供应链优化与决策理论研究的前沿进展。读者在阅读本书后可以构建和分析相关供应链优化与决策模型的技术并能用于解决同类实际问题。因此，本书一方面能为企业决策者在进行供应链管理决策时提供方法库支持；另一方面能为从事供应链管理研究的科研人员和青年学生提供基本的方法和技术。
［3］杨宽．投资组合绩效评价及其实证研究．北京：知识产权出版社，2010
简介：经过近20年的快速发展，中国股票市场已具有相当规模，对资源的有效配置起着日益重要的作用。2007年8月9日，沪深股市总市值突破21万亿元，逼近22万亿元，首次超过国内生产总值（GDP）总量。就一个新兴市场而言，这样的总量水平走过了西方发达国家百余年的历程。正因为股市对国民经济的发展日益重要，投资于股市的股民比例日益提高，对于股市运行规律的研究成为****关注的焦点。
自Markowitz奠定现代金融理论基础以来，不断衍生出很多深远的理论。投资组合绩效评价理论作为投资组合衍生出来的一个重要部分，吸引了众多国内外****致力于对它的研究，得到越来越多的有价值的成果。同时这些理论也在广泛应用于金融市场，特别是被应用于对基金业绩的评价上，因而一直是金融领域研究的热点之一。
［4］肖毅敏,杨宽．沪深300股票指数期货投资分析．北京：知识产权出版社，2009
简介：本书从发展历程、操作规程、投资技术分析等方面入手，对沪深300股票指数期货投资进行了全面、系统的分析。合著者由长年从事证券投资学研究的****和证券公司的高级理财师组成，故本书既有独特的理论探究，又有完整到位的实践指导，是一本系统了解股指期货投资相关知识的不可多得的好书。
2、论文
[1] Kuan Yang. Optimal vaccination policy and cost analysis for epidemic control in resource limited settings，Kybernetes, 2015, 44(3):475 - 486
摘要：Purpose – The purpose of this paper is to use analytical method and optimization tools to suggest time-optimal vaccination program for a basic SIR epidemic model with mass action contact rate when supply is limited.
Design/methodology/approach – The Lagrange Multiplier Method and Pontryagin’s Maximum Principle are used to explore optimal control strategy and obtain analytical solution for the control system to minimize the total cost of disease with boundary constraint. The numerical simulation is done with Matlab using the sequential linear programming method to illustrate the impact of parameters.
Findings – The result highlighted that the optimal control strategy is Bang-Bang control – tovaccinate with maximal effort until either all of the resources are used up or epidemic is over, and the optimal strategies and total cost of vaccination are usually dependent on whether there is any constraint of resource, however, the optimal strategy is independent on the relative cost of vaccination when the supply is limited.
Practical implications – The research indicate a practical view that the enhancement of daily vaccination rate is critical to make effective initiatives to prevent epidemic from out breaking and reduce the costs of control.
Originality/value – The analysis of the time-optimal application of outbreak control is of clear practical value and the introducing of resource constraint in epidemic control is of realistic sense, these are beneficial for epidemiologists and public health officials.
[2] Yinggao Zhou, Kuan Yang. Optimal Vaccination Policies for an SIR Model with Limited Resources. Acta Biotheor，2014，(62): 171-181
摘要:The purpose of the paper is to use analytical method and optimization tool to suggest a vaccination program intensity for a basic SIR epidemic model with limited resources for vaccination. We show that there are two different scenarios for optimal vaccination strategies, and obtain analytical solutions for the optimal control problem that minimizes the total cost of disease under the assumption of daily vaccine supply being limited. These solutions and their corresponding optimal control policies are derived explicitly in terms of initial conditions, model parameters and resources for vaccination. With sufficient resources, the optimal control strategy is the normal Bang-Bang control. However, with limited resources, the optimal control strategy requires to switch to time-variant vaccination.
[3] Yinggao Zhou, Kuan Yang. Optimal Treatment Strategies for HIV with Antibody Response. Journal of Applied Mathematics, Volume 2014, Article ID 685289
摘要：Numerical analysis and optimization tools are used to suggest improved therapies to try and cure HIV infection. An HIV model of ordinary differential equation, which includes immune response, neutralizing antibodies, and multidrug effects, is improved. For a fixed time, single-drug and two-drug treatment strategies are explored based on Pontryagin's maximum principle. Using different combinations of weight factor pairs combining with special upper-bound pairs for controls, nine types of treatment policies are determined and different therapy effects are numerically simulated with a gradient projection method. Some strategies are effective, but some strategies are not particularly helpful for the therapy of HIV/AIDS. Comparing the effective treatment strategies, we find a more appropriate strategy with maximizing the number of uninfected CD4(+)T-cells and minimizing the number of active virus.
[4] Kuan Yang. Optimal control of decoupling point with deteriorating items. Journal of Industrial Engineering and Management , 2014，7(5): 1368-1384
摘要：Purpose: The aim of this paper is to develop a dynamic model to simultaneously determine the optimal position of the decoupling point and the optimal path of the production rate as well as the inventory level in a supply chain. With the objective to minimize the total cost of the deviation from the target setting, the closed forms of the optimal solution are derived over a finite planning horizon with deterioration rate under time-varying demand rate.
Design/methodology/approach: The Pontryagin's Maximum Principle is employed to explore the optimal position of decoupling point and the optimal production and inventory rate for the proposed dynamic models. The performances of parameters are illustrated through analytical and numerical approaches.
Findings: The results denote that the optimal production rate and inventory level are closely related to the target setting which are highly dependent on production policy; meanwhile the optimal decoupling point is exist and unique with the fluctuating of deteriorating rate and product life cycle. The further analyses through both mathematic and numerical approaches indicate that the shorten of product life cycle shifts the optimal decoupling point forward to the end customer meanwhile a backward shifting appears when the deterioration rate increase.
[5] Qiong Liu, Kuan Yang. The effect of management team characteristics on performance and style extremity of mutual fund portfolios. Journal of Industrial Engineering and Management , 2014, 7(1): 294-310
摘要： Purpose:Along with mutual funds’ scale and quantity expanding, it is common for fundmanagement companies hiring new managers or the original fund managers mobilizing fromone to another. The high liquidity of fund managers makes different managers regroup tomanage the funds that belong to the same fund management company in each fund year. Thecharacteristics of these different management teams will influence the fund performance, andalso affect the earnings of the fund management companies and portfolio investors. Thepurposes of this paper are as follows. First, evaluating the effect of management teamcharacteristics on portfolio characteristics: risk, performance, and extremity. Second, testing thehypothesis that the ranking of mid-year performance have effect on investment style extremityand researching what relationship exists between this phenomenon and management teamcharacteristics in depth.
Design/methodology/approach:On the analysis of the relationships between themanagement team characteristics and portfolio characteristics, a series of OLS regressions wererun. The time series regression model (the factor model) and cross-sectional regression wereincluded based on using the STATA, EVIEWS and MATLAB. All of the above were aimed atachieving portfolio optimization and realizing the maximization of the interests for fundmanagement companies and investors.
Findings: The main findings are as follows. Teams with more degrees(MBA, CPA and CFA)held more risky portfolios, while teams with long team tenure held less. More members, largeage diversity and long team tenure had positive effect on performance, and the opposite wasgender diversity. Teams with more members tend to hold less extreme style decisions, butgender diversity and long tenure were related to more. Besides, tournament hypothesis did existin China investment funds industry especially when the economy was in a downward phase, andfund managers were more likely to increase the risk of portfolio when their term was coming toan end.
Research limitations/implications: The primary limitation in the scope is the sample. Thefunds in our sample whose ages have to be more than one year, so the funds that can reach thecondition are not a lot. It may affect the accuracy of the results on some degree.
Practical implications: These findings have important implications for fund managementcompanies as they try to form a highly efficient management team as well as for individualinvestors’ investment allocation decisions.
Originality/value: This paper proposes a new perspective to evaluate the relationship betweenthe management team characteristics and portfolio characteristics. It focuses on the fundmanagement companies rather than a single fund.
[6] Kuan Yang. Optimal Control of Decoupling Point for Deteriorating Food with Time-Varying Demand, Advance Journal of Food Science and Technology ,2016,10(10): 742-749
摘要：The position of decoupling point denotes the penetration degree of customer demand into supply chain.To optimize the performance of deteriorating food supply chain, we consider the decoupling point control in conjunction with food production and inventory management under time-varying demand over a finite time horizon. Using dynamic models, optimal position of decoupling point and production-inventory plan are simultaneously determined. The results show that the optimal decoupling point is not related to the change of food demand under zero-inventory policy and it is a monotonically ascending function of demand rate under roduction smoothing policy. The simulation illustrates a diagram depicting that the optimal decoupling point shifts to the upstream suppliers along with the increase of food deteriorating rate while shifts downstream to the end customers with the growth of the time elasticity of food demand.
[7] 杨宽.收益共享契约及广告投入下易损品供应链协调，系统工程，2015,33(8):33-38
摘要：针对易损品两级供应链建立动态博弈模型,探讨供应商库存管理机制下的最优价格和零售商广告投入策略,并通过建立广义收益共享契约来实现供应链协调。研究表明：供应商最优批发价格随着零售商广告投资效率的增加而增加,随着损失率的增加而增加;零售商最优广告投入随着广告投资效率的增加而降低;供应链系统效率随着广告成本的增加而降低,随着易损率的增加而增加;且广义收益共享契约能够实现供应链协调,并在特定范围内能够实现供应链收益在两者之间任意分配。
[8] 易灵燕，杨宽. 收益共享契约下内生偏好零售商供应链协调. 系统工程, 2014(2):78-83
摘要：研究由单个风险中性供应商和单个内生偏好零售商组成的二级供应链。其中内生偏好零售商在出现损失时以指数衰减最快扭亏,类似于损失规避的零售商。通过建立收益共享契约,利用最大衰减函数理论进行建模,将零售商的内生偏好特征定量化,探讨分散化供应链中的最优订购问题,揭示损失规避特性以及收益共享契约参数对零售商最优订购量的影响。通过研究发现:内生偏好零售商的损失规避系数趋于零时相当于风险中性零售商,且当损失规避系数和批发价格增加时,零售商最优订购量相应减少;而收益共享系数增加时,最优订购量增加;且收益共享契约能使供应链达到协调状态并取得相关参数取值范围。通过算例对相关结论进行数值分析,结果显示其研究成果能够得到数值验证。
[9] 冯君莲，杨宽. 内生偏好零售商采购决策分析. 系统工程, 2012(2):99-103
摘要：讨论零售商采购决策问题,除要考虑各种成本与收益因素之外,还考虑决策者的风险偏好,假设零售商在出现损失时,以指数衰减最快扭亏,类似决策者具有损失规避。通过建立数学模型,讨论了最优采购决策的特性。分析结果显示,内生偏好的损失规避零售商的采购行为在一定的条件下和风险中性、风险规避零售商不同。
[10] 冯君莲，杨宽.中断风险的供应商开发动态风险控制研究. 求索，2012(2):89-90
摘要： 供应链中断风险管理是企业风险管理的重要内容,采用供应商开发控制风险是利用供应商关系管理供应链风险的新模式。论文首先讨论中断风险产生及预防;其次讨论供应商开发定义、模式及作用;最后讨论如何构建异质供应商开发动态控制风险的最优决策模型,推动供应商开发理论的创新并拓宽其应用领域。
3、研究项目
主持
[1] 基于供应商开发的特征条件集动态风险识别及其控制研究. 国家自然科学基金项目. 2013-2016. 项目主持人.
[2] 基于特征条件异质分析的投资组合绩效动态评价研究. 湖南自然科学基金项目. 2013-2015. 项目主持人.
[3] 异质偏好供应商开发动态供应风险控制及决策研究. 教育部人文社科资助项目. 2013-2015. 项目主持人.
[4] 基于特征条件异质分析的投资组合绩效动态评价研究. 教育部一般项目. 2011-2015. 项目主持人.
参与
[1] 战略导入的投资决策与风险管理. 国家自然科学资金资助重点项目. 2010-2014. 主要研究人员.
[2] 金融市场多标度行为特征的随机级串建模及其风险管理研究. 国家自然科学资金资助项目. 2010-2013. 主要研究人员.
[3] 公司绩效、信用风险评价与市场安全研究. 国家社会科学资金资助项目. 2005-2009. 主要研究人员.
[4] 科技人力资源对经济增长影响的研究. 十五科技攻关计划资助项目. 2003-2005. 主要研究人员.