Relational Value Meanings

Value Crisis: Affective Organization of Personal Meanings

Sideway Value Algebra for Object-Relational Databases

Using functions in various forms, recent database publications have assigned “scores”, “preference values”, and “probabilistic values” to object-relational database tuples. We generalize these functions and their evaluations as sideway functions and sideway values, respectively. Sideway values represent the advices (recommendations) of data creators or preferences of users, and are employed for...

Relational Contracts and the Value of Loyalty

This paper examines how relational contracting affects the pattern of trade across the economy. We suppose a firm (principal) repeatedly chooses among of a set of potential trading partners (agents) under the threat of holdup. The possibility of ex–post opportunism allows agents to collect rents, which act like a fixed cost that the principal must pay when initiating a new relationship. The pri...

Relational Knowledge Extraction from Attribute-Value Learners

Bottom Clause Propositionalization (BCP) is a recent propositionalization method which allows fast relational learning. Propositional learners can use BCP to obtain accuracy results comparable with Inductive Logic Programming (ILP) learners. However, differently from ILP learners, what has been learned cannot normally be represented in first-order logic. In this paper, we propose an approach an...

Relational Contracts and the Value of Loyalty

3349 Firms routinely rely on the goodwill of their trading partners. In developed economies, ongoing relationships complement formal contracts in mitigating holdup and facilitating transactions (Stewart Macaulay 1963). In developing economies, where contracts enjoy little legal protection, long-term relationships are even more critical for trade (John McMillan and Christopher Woodruff 1999). Th...