A layered architecture for the Semantic Web that adheres to software engineering principles and the fundamental aspects of layered architectures will assist in the development of Semantic Web specifications and applications. The most well-known versions of the layered architecture that exist within literature have been proposed by BernersLee. It is possible to indicate inconsistencies and discr...

For the continuous-time risk model with compound Poisson input, the ((nite-horizont) joint probability P (t; X x; Y y) of ruin time , surplus X just before ruin and deecit Y at ruin time is considered as a function of the arrival rate of claims. It is expanded into a Taylor series at = 0. A certain extension of a corresponding result for innnite-horizont joint probabilities, which previously ha...

* J.D. Candidate 2002, University of Pennsylvania Law School; M.Sc. Economics 1999, University of Bristol; B.A. 1996, Washington University. The Author thanks Professor David Gerber of Kent College Law School and Alisa Greenstein of Paul, Weiss, Rifkind, Wharton & Garrison for their insightful comments. Additional thanks go to Professor Paul D. Klemperer of Nuffield College, Oxford University, ...

This paper proposes a model for measuring risks for derivatives that is easy to implement and satisfies a set of four coherent properties introduced in Artzner et al. (1999). We construct our model within the context of Gerber-Shiu’s option-pricing framework. A new concept, namely Bayesian Esscher scenarios, which extends the concept of generalized scenarios, is introduced via a random Esscher ...

Previous authors have argued that ethnically diverse cities spend less on public goods than their homogeneous counterparts. In this paper, I present new evidence that challenges this claim. Incorporating improved measures of local expenditures in a panel study of US cities, I find that diversifying cities spend more per capita on most public goods – including police, fire protection, sanitation...

This paper investigates the problem of optimal districting in the context of a simple model of legislative elections. In the model, districting matters because it determines the seat-vote curve, which describes the relationship between seats and votes. The paper rst characterizes the optimal seat-vote curve, and shows that, under a weak condition, there exist districtings that generate this ide...

Given a pair of random variables (X,Y ) ∼ PXY and two convex functions f1 and f2, we introduce two bottleneck functionals as the lower and upper boundaries of the two-dimensional convex set that consists of the pairs (If1(W ;X), If2(W ;Y )), where If denotes f -information and W varies over the set of all discrete random variables satisfying the Markov condition W → X → Y . Applying Witsenhause...

This is a rather unorthodox treatment of global competition law and Asian competition law. We do not explore for the micro-economic ideal type of global competition law, nor do we survey the convergences with and deviations from this ideal type to be found throughout the countries of Asia. For this we would recommend, for a start, David Gerber’s Global Competition Law and R. Ian McEwin’s Compet...

∗We would like to thank Anke Gerber for carefully checking and improving our arguments. Moreover, we are grateful to Piero Gottardi for his encouragement and his comments, to Andreu Mas-Colell and Mike Jerison for very fruitful discussions and to Klaus Schenk-Hoppé for his support in using MATLABr. All remaining errors are ours. Department of Finance and Management Science, Norwegian School of...

s: 1. Filakovszky, J., Halász, P.: A cirkadián és ultradián biológiai ritmusok jelenléte aTüske-hullám paroxyzmusok időbeli eloszlásában idiopáthiás generalizáltepilepsziában. Ideggy Szle 50 (9.-10.) 338P, 1997. 2. Filakovszky, J., Halász, P.: Influence of Biological Rhythms and States on theFrequency of the Spike-Wave Discharge in Idiopathic Generalised Epilepsy.Epilepsia, 39(S...