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Kaicheng Gong

Publications and source records attributed to Kaicheng Gong.

2 recordsLinked to original sources

Intraday Gas Fee Heterogeneity on Ethereum: Evidence from Operational Firms

Ethereum's EIP-1559 fee mechanism was designed under the assumption of homogeneous, myopic agents responding to a single congestion signal. We examine how this assumption interacts with the heterogeneous demand structure of real-world Ethereum users. Analyzing 62,142 confirmed transactions from seven operational firms across seven industries (January--March 2026), we document significant intraday gas-fee variation: fees peak at hour~12 UTC (7\,AM ET, $\hatβ_{12}=\$0.054$ above the U.S.\ evening baseline, $p<0.001$) and are associated with periods of elevated speculative-arbitrage activity. Operational firms exhibit heterogeneous scheduling responses moderated by transaction deferrability and gas intensity. Residual cost floors, i.e. the gap between observed expenditure and the counterfactual under perfect off-peak scheduling, range from 40.7\% to 92.5\% of actual expenditure, and persist even during the lowest-cost hours ($h\in\{20,21,22,23\}$ UTC, 3--6\,PM ET). We introduce an On-Chain Scheduling Matrix that maps firms to four scheduling regimes as a practical framework for managing gas-fee exposure under the current mechanism.

econ.EM

Towards Good Practices on Building Effective CNN Baseline Model for Person Re-identification

Person re-identification is indeed a challenging visual recognition task due to the critical issues of human pose variation, human body occlusion, camera view variation, etc. To address this, most of the state-of-the-art approaches are proposed based on deep convolutional neural network (CNN), being leveraged by its strong feature learning power and classification boundary fitting capacity. Although the vital role towards person re-identification, how to build effective CNN baseline model has not been well studied yet. To answer this open question, we propose 3 good practices in this paper from the perspectives of adjusting CNN architecture and training procedure. In particular, they are adding batch normalization after the global pooling layer, executing identity categorization directly using only one fully-connected, and using Adam as optimizer. The extensive experiments on 3 widely-used benchmark datasets demonstrate that, our propositions essentially facilitate the CNN baseline model to achieve the state-of-the-art performance without any other high-level domain knowledge or low-level technical trick.

cs.CV