Speculation and Power Law

Power-Aware Control Speculation through Selective Throttling

With the constant advances in technology that lead to the increasing of the transistor count and processor frequency, power dissipation is becoming one of the major issues in high-performance processors. These processors increase their clock frequency by lengthening the pipeline, which puts more pressure on the branch prediction engine since branches take longer to be resolved. Branch mispredic...

Law and Power

Power Law and Entropy

Shannon[1] and Yavuz[2] estimated the entropy of real documents. This note drives an upper bound of entropy from the power law. Let D be a set of documents and f r(w) be the number of occurrences of a word w in the document. Given an interger k, we denote by F (k) the number of words whose frequency is k, i.e., F (k) = ♯{w ∈ D | f r(w) = k}. The entropy of the document set D is defined by E(D) ...

Law and State Power:

The struggle for power has been a persistent phenomenon throughout history, involving the rulers, general public, and various other interest groups. As one of these groups, the legal community has been in a unique position to regulate the relationship between the ruler and the public because of its dual responsibilities to provide services to the public and to impose constraints on the rulers. ...

Speculation Spillovers Speculation Spillovers

This paper demonstrates that investor irrationality can be contagious across markets. Supplementing existing studies on resale option theory, we illustrate that warrant speculation could spill over to the underlying stock market. Our findings indicate that high turnover of underlying stocks is associated with previous day’s high unexpected turnover of warrants, or previous day’s larger price de...