In this study, the effect of management entrenchments on the speed of cash holding adjustment in Iran has been investigated. After designing the management entrenchment evaluation indicators, the transaction information was collected from the Stock Exchange in the five-year period of 2011-2015. The statistical sample consists of 155 companies selected by systematic deletion method. In this rese...

The two main theories of justification are the foundational theory and the coherence theory. We choose as representatives of these two theories the ATMS [de Kleer 1986] and the AGM logic [Gärdenfors 1988a], and show that it is possible to simulate the ATMS in the AGM logic by encoding the justificational information as epistemic entrenchments. The ATMS context changes are performed by AGM expan...

The Possible Models Approach (PMA) introduced by Winslett, proposes, among other things, a domain-independent criterion for measuring similarity between different states of a dynamic system. The concept of similarity between states (possible worlds) appears also in the area of Belief Revision in the form of a system of spheres. Systems of spheres are in turn connected to epistemic entrenchments...

The Possible Models Approach (PMA) introduced by Winslett, proposes, among other things, a domain-independent criterion for measuring the similarity between the diierent states of a dynamic system. Based on this criterion of similarity, the PMA makes inferences about the eeects of events in the system. The concept of similarity between states (possible worlds) appears also in the area of Belief...

Contract manufacturing enables intellectual property holders to enjoy scale economies, reduce labor costs and free up capital. However, in many scenarios contract manufacturing is a double-edged sword, rife with entrenchments, threats of predation or hold up. I explore these contract manufacturing problems in a non-recursive relational contract setting. These non-recursivities appear in at leas...

An essential task in managing description logic (DL) ontologies is the elimination of problematic axioms. Such elimination is formalised as the operation of contraction in belief change. In this paper, we investigate contraction over DL-LiteR TBoxes. In belief change, a well known approach for defining contraction is via epistemic entrenchments which are preference orderings over formulas. The ...