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T he recent fi nancial crisis has damaged the reputation of macroeconomics, largely for its inability to predict the impending fi nancial and economic crisis. To be honest, this inability to predict does not concern me much. It is almost tautological that severe crises are essentially unpredictable, for otherwise they would not cause such a high degree of distress. Of course, it is well-known t...

Synchronized Statecharts [1] have shown to be adequate devices for expressing most features of real-time and reactive systems. The emphasis is in the explicit statement of orthogonal aspects, such as internal behavior, communication interfaces and synchronization issues of the system being modeled. This paper explores Adaptive Statecharts, which improves Synchronized Statecharts by including ad...