2,237 research outputs found

    Change blindness: eradication of gestalt strategies

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    Arrays of eight, texture-defined rectangles were used as stimuli in a one-shot change blindness (CB) task where there was a 50% chance that one rectangle would change orientation between two successive presentations separated by an interval. CB was eliminated by cueing the target rectangle in the first stimulus, reduced by cueing in the interval and unaffected by cueing in the second presentation. This supports the idea that a representation was formed that persisted through the interval before being 'overwritten' by the second presentation (Landman et al, 2003 Vision Research 43149–164]. Another possibility is that participants used some kind of grouping or Gestalt strategy. To test this we changed the spatial position of the rectangles in the second presentation by shifting them along imaginary spokes (by ±1 degree) emanating from the central fixation point. There was no significant difference seen in performance between this and the standard task [F(1,4)=2.565, p=0.185]. This may suggest two things: (i) Gestalt grouping is not used as a strategy in these tasks, and (ii) it gives further weight to the argument that objects may be stored and retrieved from a pre-attentional store during this task

    A Type-2 signal detection analysis of gambling behaviour: cognitions, metacognitions, expertise and optimality

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    Cognitive gambling research has focused mainly on the irrational beliefs and cognitive biases that differentiate problem (PGs) and non-problem (RGs) gamblers. Whilst this research has been informative by highlighting that greater irrational beliefs are associated with gambling severity, the research has failed to determine cause and effect. This thesis proposes that metacognition is an area that may play a central role in the development and/or maintenance of problem gambling. Type-2 Signal Detection Theory (SDT) was used to analyse the data to measure three cognitive and metacognitive components of gambling performance: accuracy, resolution (metacognitive monitoring) and gambling criterion (metacognitive control). Optimality of gambling decisions was also explored. Experiment 1 used a simplified blackjack task, which demonstrated resolution differences between non-gamblers(NGs) and RGs. Experiments 2 to 5 examined the transference of gambling expertise of RGs and NGs in a novel dice gambling task. Experiment 6 demonstrated that the type of task can account for some cognitive and metacognitive variation observed between PGs and RGs, but impaired gambling criterion setting is a pertinent component of PGs’ gambling performance that is not dependent on gambling task. Finally, Experiment 7 showed that feedback enables participants to effectively shift gambling criteria to a more optimal position - and may have considerable implications for the treatment of problem gambling. The results are discussed in relation to four specific research questions and underscore the relative contribution of using a SDT approach in the study of gambling behaviour

    The evolution and dynamics of stocks on the Johannesburg Securities Exchange and their implications for equity investment management

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    [No subject] This thesis explores the dynamics of the Johannesburg Stock Exchange returns to understand how they impact stock prices. The introductory chapter renders a brief overview of financial markets in general and the Johannesburg Securities Exchange (JSE) in particular. The second chapter employs the fractal analysis technique, a method for estimating the Hurst exponent, to examine the JSE indices. The results suggest that the JSE is fractal in nature, implying a long-term predictability property. The results also indicate a logical system of variation of the Hurst exponent by firm size, market characteristics and sector grouping. The third chapter investigates the economic and political events that affect different market sectors and how they are implicated in the structural dynamics of the JSE. It provides some insights into the degree of sensitivity of different market sectors to positive and negative news. The findings demonstrate transient episodes of nonlinearity that can be attributed to economic events and the state of the market. Chapter 4 looks at the evolution of risk measurement and the distribution of returns on the JSE. There is evidence of fat tails and that the Student t-distribution is a better fit for the JSE returns than the Normal distribution. The Gaussian based Value-at-Risk model also proved to be an ineffective risk measurement tool under high market volatility. In Chapter 5 simulations are used to investigate how different agent interactions affect market dynamics. The results show that it is possible for traders to switch between trading strategies and this evolutionary switching of strategies is dependent on the state of the market. Chapter 6 shows the extent to which endogeneity affects price formation. To explore this relationship, the Poisson Hawkes model, which combines exogenous influences with self-excited dynamics, is employed. Evidence suggests that the level of endogeneity has been increasing rapidly over the past decade. This implies that there is an increasing influence of internal dynamics on price formation. The findings also demonstrate that market crashes are caused by endogenous dynamics and exogenous shocks merely act as catalysts. Chapter 7 presents the hybrid adaptive intelligent model for financial time series prediction. Given evidence of non-linearity, heterogeneous agents and the fractal nature of the JSE market, neural networks, fuzzy logic and fractal theory are combined, to obtain a hybrid adaptive intelligent model. The proposed system outperformed traditional models

    The 1995 Goddard Conference on Space Applications of Artificial Intelligence and Emerging Information Technologies

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    This publication comprises the papers presented at the 1995 Goddard Conference on Space Applications of Artificial Intelligence and Emerging Information Technologies held at the NASA/Goddard Space Flight Center, Greenbelt, Maryland, on May 9-11, 1995. The purpose of this annual conference is to provide a forum in which current research and development directed at space applications of artificial intelligence can be presented and discussed

    Open Data and Models for Energy and Environment

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    This Special Issue aims at providing recent advancements on open data and models. Energy and environment are the fields of application.For all the aforementioned reasons, we encourage researchers and professionals to share their original works. Topics of primary interest include, but are not limited to:Open data and models for energy sustainability;Open data science and environment applications;Open science and open governance for Sustainable Development Goals;Key performance indicators of data-aware energy modelling, planning and policy;Energy, water and sustainability database for building, district and regional systems; andBest practices and case studies
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