In this paper we present a concept and an evaluation of an ape-like robot which is quite similar to its biological model. Aim of our project LittleApe is to build a small and extreme lightweight robot that is capable of walking on two and four legs as well as of changing from a four-legged posture to a two-legged posture, manipulating small objects, and which is also able to climb. LittleApe is...

A martingale measure is constructed by using a mean correcting transform for the geometric Lévy processes model. It is shown that this measure is the mean correcting martingale measure if and only if, in the Lévy process, there exists a continuous Gaussian part. Although this measure cannot be equivalent to a physical probability for a pure jump Lévy process, we show that a European call option...

In this paper we introduce a model of arbitration decision making which generalizes several previous models of both conventional arbitration and final offer arbitration. We derive the equilibrium offers that risk neutral disputants would propose, and show how these offers would vary under different arbitration procedures. In particular, we show that optimal offers made under conventional arbitr...

The paper conceptualizes ways to approach meaning, purpose, and components of tools to measure the digital divide. Three arguments are raised in this paper. First, I raise criticism of policymakers who prefer to approach the digital divide from a cost and rapid outputs perspectives, at the expense of a thoughtful analysis of: (i) the purpose of the tool, (ii) the level of observation, and (iii)...

In this note, I present a problem for a certain natural view about the structure of the world. I show that this view is committed to a particular strengthening of atomism, which I call superatomism. Superatomism has some counterintuitive consequences (e.g. it rules out whatMarkosian [] calls the ‘pointy view’ of simples). I consider some ways of avoiding this commitment, and draw some additio...

We prove that, for locally bounded processes, absence of arbitrage opportunities of the first kind is equivalent to the existence of a dominating local martingale measure. This is related to and motivated by results from the theory of filtration enlargements.

A study is described that employs ultrasound to measure the effects of gravity on production of vowels. The materials are designed to encourage consistent production over repetitions. A recording and analysis protocol is described which allows for correction for probe movement or rejection of data where correction is not possible. Results indicate a slight superior and posterior displacement of...

The estimation of the market price of risk is an open question in the jump-diffusion term structure literature when a closed-form solution is not known. Furthermore, the estimation of the physical drift has a high risk of misspecification. In this paper, we obtain some results that relate the risk-neutral drift and the risk-neutral jump intensity of interest rates with the prices and yields of ...

This study examined whether people would interpret and respond to verbal (text) and non-verbal cues (posture) of personality in interactive characters just as they interpret cues from a person. In a balanced, between-subjects experiment (N"40), introverted and extroverted participants were randomly paired with one of two types of consistent computer characters: (1) matched participants' persona...

Martingale boosting is a simple and easily understood technique with a simple and easily understood analysis. A slight variant of the approach provably achieves optimal accuracy in the presence of misclassification noise.