The 2012 Cosmetic Ingredient Review Expert Panel members are: Chairman, Wilma F. Bergfeld, M.D., F.A.C.P.; Donald V. Belsito, M.D.; Curtis D. Klaassen, Ph.D.; Daniel C. Liebler, Ph.D.; Ronald A Hill, Ph.D. James G. Marks, Jr., M.D.; Ronald C. Shank, Ph.D.; Thomas J. Slaga, Ph.D.; and Paul W. Snyder, D.V.M., Ph.D. The CIR Director is F. Alan Andersen, Ph.D. This report was prepared by Lillian C....

In this work, we consider the issue of pricing exchange options and spread options with stochastic interest rates. We provide the closed form solution for the exchange option price when interest rate is stochastic. Our result holds when interest rate is modeled with a stochastic term structure of general form, which includes Vasicek model, CIR term structure, and other well-known term structure...

In this paper, we focus on the simulation of the CIR processes and present several discretization schemes of both the implicit and explicit types. We study their strong and weak convergence. We also examine numerically their behaviour and compare them to the schemes already proposed by Deelstra and Delbaen [5] and Diop [6]. Finally, we gather all the results obtained and recommend, in the stand...

this paper, a comprehensive analytical model to predict the bandwidth achieved by aggregates of TCP flows in a Diffserv network is presented. The model predicts achieved bandwidth in three different cases: an over-provisioned network, an under-provisioned network, and a near-provisioned network. In developing the model, we ensure that all parameters are measurable using standard tools and infor...

The goal of contextual information retrieval (CIR) is to better meet the user’s needs by delivering him information adapted to his specific search context. This paper presents a CIR approach for the case of a mobile environment where the spatio-temporal context of the user and his cognitive context are taken into account to deliver him some relevant information. We suggest building situational ...

The 2012 Cosmetic Ingredient Review Expert Panel members are: Chair, Wilma F. Bergfeld, M.D., F.A.C.P.; Donald V. Belsito, M.D.; Ronald A Hill, Ph.D.; Curtis D. Klaassen, Ph.D.; Daniel C. Liebler, Ph.D.; James G. Marks, Jr., M.D.; Ronald C. Shank, Ph.D.; Thomas J. Slaga, Ph.D.; and Paul W. Snyder, D.V.M., Ph.D. The CIR Director is F. Alan Andersen, Ph.D. This report was prepared by Wilbur Johns...

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR) instrument rules. Using the standard New Keynesian model, it is shown that some forms of CIR policy lead to both indeterminacy of equilibria a...

The 2011 Cosmetic Ingredient Review Expert Panel members are: Chair, Wilma F. Bergfeld, M.D., F.A.C.P.; Donald V. Belsito, M.D.; Ronald A Hill, Ph.D.; Curtis D. Klaassen, Ph.D.; Daniel C. Liebler, Ph.D.; James G. Marks, Jr., M.D.; Ronald C. Shank, Ph.D.; Thomas J. Slaga, Ph.D.; and Paul W. Snyder, D.V.M., Ph.D. The CIR Director is F. Alan Andersen, Ph.D. This report was prepared by Christina Bu...

Overhead high-voltage power lines are key components of power transmission and their monitoring has a very significant influence on security and reliability of power system. Advanced laser scanning techniques have been widely used to capture three-dimensional (3D) point clouds of power system scenes. Nevertheless, power line corridors are found in increasingly complex environments (e.g., mounta...

This paper describes our participation in NTCIR-5 Chinese Information Retrieval (IR) evaluation. The main purpose is to evaluate Lemur, a freely available information retrieval toolkit. Our results showed that Lemur could provide above average performance on most of the runs. We also compared manual queries vs. automatic queries for Chinese IR. The results show that manually generated queries d...