The purpose of this paper is to consider the basic questions relative to the creation and organization of markets for knowledge. The paper is organized as follows. We will first explain what means for us an intuitionalist approach of markets, and the key questions relative to the social construction of markets. On that basis, we will consider the specific problems posed by the creation of marke...

Technical analysis is the art of identifying patterns in historical data with the belief that certain patterns foretell future price movements. An empirical evaluation of the effectiveness of technical analysis is confounded by the subjectivity involved in identifying patterns. This work presents a robust framework for pattern identification using probabilistic neural networks (PNN). The thirty...

In this paper, we consider the social value of signaling by recasting the Spence’s (1973) signaling model in a causal relationship: human capital investment is necessary to reduce the marginal cost of signaling. Our model contains distinct features: (i) the choice of signaling affects the level of human capital investment and (ii) the proportion of high and low type in the entire workers is end...

The main content of this deliverable is the identification and definition of market mechanisms for Application Layer Networks (ALNs). On basis of the structured Market Engineering process, the work comprises the identification of requirements which adequate market mechanisms for ALNs have to fulfill. Subsequently, two mechanisms for each, the centralized and the decentralized case are described...

market, the rest of the scene gradually moved with them including the substantial proportion of drug users who preferred obtaining their prescriptions from less conspicuous chemist shops. Although the chemist proprietor reported in 1983 that the number of addict maintenance prescriptions he dispensed halved in the second half of 1982, after the publicity over Dr Khan's case, the thriving market...

BACKGROUND Drug markets are very complex and, while many new drugs are registered each year, little is known about what drives the prescription of these new drugs. This study attempts to lift the veil from this important subject by analyzing simultaneously the impact of several variables on the prescription of novelty. METHODS Data provided by four Swiss sickness funds were analyzed. These da...

Black musli (Curculigo orchioides Gaertn.) one of the ayurvedic dasapushpa and a rejuvenating and aphrodisiac drug. Is on the verge of extinction and needs to be conserved and cultivated. Large variations are also observed in the quality of the crude drug available in the market. Study on the quality of C. orchioides in natural habitat, under cultivation and in trade in south India showed that ...

The size of the illicit drug market is an important indicator to assess the impact on society of an important part of the illegal economy and to evaluate drug policy and law enforcement interventions. The extent of illicit drug use and of the drug market can essentially only be estimated by indirect methods based on indirect measures and on data from various sources, as administrative data sets...

This study is devoted to analyzing the development of the GKO market in Russia. The period of time considered is September 1996-September 1997. Interaction of two segments of the market is analyzed: futures market and secondary market. It is proved that there exists a risk premium on the futures market that leads to underpricing on the futures market. That is the futures price is no longer an u...

This paper describes why and how an ontology facilitates the sharing and trading of knowledge. It intoduces the underlying concept of a knowledge market place and how an ontology provides for the understanding of, and confidence and trust into knowledge products. Three case studies show real life examples of the approach. Additionally, the Information Ontology itself and the issues related to i...