We show that fund families allocate their fund managers to different market segments such that their skill is rewarded best. Whether a fund manager’s skill is rewarded by higher alpha depends on the efficiency of the market segment in which she works. Even skilled managers can generate alpha only if the market segment is inefficient. Fund families take this relation between skill and inefficien...

"SMELL THE ROSES" (upper-case letters are the program's). The program thought I didn't smell the roses because I was leading too hectic a life. Although busy, I do nonetheless take time for such things, but I answered "No" to that question because of rather severe allergies! Nevertheless, as a patient who had just spent a considerable amount of time entering the data, I was pleased the program ...

We introduce a Semantic Web-based competence manager system called Competence Manager, which allows managing employee competencies and other relevant resources about a set of topics. The Competence Manager provides flexible operations for both querying the knowledge base, and managing the ontologies. The usage scenarios of the Competence Manager range from intra-organization use to interoperabi...

The president of the Blue Cross Association of America thinks, among other things, that the National Health Service should have 'hospital managers' and an interrelation of its 'private' and 'public' sectors. A review of his contribution to a book suggesting radical remedies.

In this paper, we present details about the SIMATIC Knowledge Manager (SKM), a Textual CBR system that uses existing documents, such as FAQs and other useroriented documentation, and finds the most relevant documents for a given problem description. The major difference of the SKM compared to standard Information Retrieval tools and WWW search engines is that knowledge about the application dom...

This paper explains the rule subsystem that is being implemented in the POSTGRES DBMS. It is novel in sev eral ways. First, it gives to users the capability of defining rules as well as data to a DBMS. Moreover, depending on the scope of each rule defined, optimization is handled differently. This leads to good performance both in the case that there are many rules each of small scope and a few...

Storage Resource Managers (SRMs) are middleware components whose function is to provide dynamic space allocation and file management on shared storage components on the Grid[1,2]. SRMs support protocol negotiation and reliable replication mechanism. The SRM standard supports independent SRM implementations, allowing for a uniform access to heterogeneous storage elements. SRMs allow site-specifi...

An environment is a set of name-value bindings, maintained for a particular user, tha t are provided to a process at runtime. This can provide a great deal of flexibility in tai loring the behavior of programs to a particular user's preferences. It can also serve as a simple me ans of interprocess communication. To be useful, however, the environment must take into ac count the natural structur...

The aim of this subtask has been to develop a manager for structured multiblock grids. The focus of the development has been on the block topology, of which the manager should have full control. The manager should also be easy to expand, in particular with new ways to describe the geometry of blocks in the grid. Typically grid generation involves a good deal of trial and error. Consequently the...

Liaison is a workflow management model that supports complex workflows and human resources management. Liaison System is the implementation of the Liaison Model. This paper discusses the architecture of the Liaison Workflow Engine, the core of the Liaison Workflow Management System, which is responsible for controlling workflows. Besides managing and controlling complex workflows and human reso...