By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results for the Winter Games. Neither do we detect a significant impact when bidders lose the competition. Our...

The paper gives an analysis of acoustic-emission signals measured in the course of laser cutting of steels plates DC04 and X5CrNi18-10. Laser cutting is a process in which there can be a wide range of cutting parameters, but nevertheless cutting of plate products can be accomplished. Within the range of the parameters concerned, however, the quality of a cut edge can vary quite strongly; laser-...

The paper gives an analysis of acoustic-emission signals measured in the course of laser cutting of steels plates DC04 and X5CrNi18-10. Laser cutting is a process in which there can be a wide range of cutting parameters, but nevertheless cutting of plate products can be accomplished. Within the range of the parameters concerned, however, the quality of a cut edge can vary quite strongly; laser-...

Partial cutting is thought to be an alternative to achieve sustainable management in boreal forests. However, the effects of intermediate harvest intensity (45%–80%) on growth remain unknown in black spruce (Picea mariana (Mill.) B.S.P.) stands, one of the most widely distributed boreal species with great commercial interest. In this study, we analysed the effect of three experimental shelterwo...

In this lecture we present a procedure which can be thought of as a derandomization of the randomized fictitious play described in the previous lecture. Freund and Schapire [FS99] used this method, which was originally developed by Littlestone and Warmuth [LW94] from the machine learning community, to give a procedure for computing εsaddle points for matrix games. A number of similar algorithms...

The investigation was conducted on wet and dry seasons of Ethiopia during the year 2012/2013 at Wondo Genet Agricultural Research Center Nursery site. Four levels of cutting size and three levels of cutting positions were arranged in randomized complete block design with three replications. Data on seedling height, branch number/seedling, root number/seedling, root weigh/seedling, root length/s...