Because of the intangible and highly uncertain nature innovation, investors may have difficulty processing information associated with a firm’s innovation search strategy. Due to cognitive strategic biases, are likely pay more attention unfamiliar explorative patents rather than incremental exploitative patents. We find that innovative firms focusing on exploitation exploration tend generate su...

In this paper we argue that the distribution of article omission in newspaper headlines is constrained by information-theoretical principles (Shannon 1948). To this effect, we present corpus data and results from an acceptability rating study. Both point in the same direction: In our corpus, articles are significantly more frequent, when they precede a less predictable head noun. And subjects p...

Recent studies hypothesize that language production is governed by the principle of efficient information transmission: Speakers tend to omit elements whose information content is contextually predictable, while providing more linguistic signal to convey otherwise less predictable information. However, previous findings in support of this hypothesis are also compatible with alternative accounts...

Ever since the integration of Mendelian genetics into evolutionary biology in the early 20th century, evolutionary geneticists have for the most part treated genes and mutations as generic entities. However, recent observations indicate that all genes are not equal in the eyes of evolution. Evolutionarily relevant mutations tend to accumulate in hotspot genes and at specific positions within ge...

{ We critically review recent claims that nancial crashes can be predicted using the idea of log-periodic oscillations or by other methods inspired by the physics of critical phenomena. In particular, the October 1997 \correction" does not appear to be the accumulation point of a geometric series of local minima. It is rather tempting to see nancial crashes as the analogue of critical points in...

Today’s general-purpose processors are optimized for maximum throughput. Real-time systems need a processor with both a reasonable and a known worst-case execution time (WCET). Features such as pipelines with instruction dependencies, caches, branch prediction, and out-of-order execution complicate WCET analysis and lead to very conservative estimates. In this paper, we evaluate the issues of c...

If someone falls off of a 14th story roof, very predictably death will result. The conditions under which readers appear to infer such predictable outcomes were examined with three different retrieval paradigms: immediate recognition test, cued recall, and priming in word recognition. On immediate test, responses to a word representing the implicit outcome (e.g., dead) were slow, but on delayed...

– We critically review recent claims that financial crashes can be predicted using the idea of log-periodic oscillations or by other methods inspired by the physics of critical phenomena. In particular, the October 1997 “correction” does not appear to be the accumulation point of a geometric series of local minima. It is rather tempting to see financial crashes as the analogue of critical point...

To be able to build systems by composing a variety of components dynamically, adding and removing as required, is desirable. Unfortunately systems with evolving architectures are prone to behaving in a surprising manner. In this paper we show how it is possible to generate a snapshot of the structure of a running application, and how this can be combined with behavioural specifications for comp...