Asset forfeiture laws allow the seizure of assets used in the commission of a crime. This paper examines the impact of such laws on deterrence by incorporating the possibility of asset forfeiture into the standard economic model of crime. When punishment is by a fine that can be optimally chosen, forfeiture is never optimal because of the deadweight loss it imposes in the capital market. When t...

We establish several new findings on the relation between capital flow in commodity markets and asset returns. Capital flowing into commodity markets, as measured by high open-interest growth, predicts high commodity returns and low bond returns. Open-interest growth is a more powerful and robust predictor of commodity returns than other known predictors such as the short rate, the yield spread...

Authors' A Oncology, Netherland Medicine Pharmaceu Correspon icine, Radb HB Nijmeg 3618942. E

The main objective of this article is to present a comparative study of capital assets pricing models (CAPM) with extrapolating capital assets pricing models (X-CAPM) of companies admitted in Tehran Exchange Market which is accomplished for the first time by investigators of this research in Iran. Accordingly, the statistical population under study of this research includes all companies admitt...

the main objective of this article is to present a comparative study of capital assets pricing models (capm) with extrapolating capital assets pricing models (x-capm) of companies admitted in tehran exchange market which is accomplished for the first time by investigators of this research in iran. accordingly, the statistical population under study of this research includes all companies admitt...

This paper presents how information organizational structures with point-to-point communication structure impact team coordination in a distributed task-asset allocation problem. A key distinguishing characteristic of this problem is that each DM knows only a part of the weight matrix and/or controls a subset of the assets. Here, we extend the distributed algorithm developed for blackboard comm...

operations centers (MOC), in which multiple DMs with partial information and partial control over assets are involved in the development of operational level plans. The MOC emphasizes standardized processes and methods, centralized assessment and guidance, networked distributed planning capabilities, and decentralized execution for assessing, planning and executing missions across a range of mi...

Text interpretation can be considered as the process of extracting deep-level semantics from unstructured text documents. Deeplevel semantics represent abstract index structures that enhance the precision and recall of information retrieval tasks. In this work we discuss the use of ontologies as valuable assets to support the extraction of deep-level semantics in the context of a generic archit...

Young children often build various structures with wooden blocks; structures that are often used for pretend play, subtly improving children’s creativity and imagination. Based on a traditional Japanese wooden block toy, Tsumiki, we propose a novel interactive toy for children, named “TSU.MI.KI”, maintaining the physical assets of wooden blocks and enhancing them with automation. “TSU.MI.KI” co...