Category-based induction: An effect of conclusion typicality

Category-based induction involves the willingness of a thinker to project some newly learned property of one or more classesof objects to another class on the basis of their sharedmembership in a common superordinate category. Previous research has established that the perceived strength of arguments of the form “Class A has Property P; therefore, Class B has Property P” is influenced by the similarity of A to B and by the typicality or representativeness of A in a shared category, superordinate to both A and B. (The nature of P is also crucial, but we do not examine it in this study.) There is, however, no prior evidence that the relation between B and the category is influential. Three experiments were designed to test whether the typicalityof B in the superordinate category also has an effecton inductive argument strength. By using multiple regression (Experiment 1) and an experimental design (Experiment 3), an effect of conclusion typicality was found, so that people are more willing to project properties to more typical conclusions. Experiment 2 ruled out conclusion familiarity as a potential confounding variable. The results are interpreted in the light of current models of category-based induction

How accurate are commercial-real-estate appraisals? evidence from 25 years of NCREIF sales data

In this study, we provide new evidence on the performance measurement and reporting of commercial real estate returns. We do so by examining the accuracy of commercial-real-estate appraisals that occurred prior to the sale of properties from the NCREIF National Property Index (“NPI”) during 1984 – 2010, a period which spans two up-and-down cycles of the market. We find that, on average, appraisals are more than 12% above, or below, subsequent sales prices that take place two quarters following the appraisal. Even in a portfolio context, allowing for offsetting positive and negative differences, appraisals are off by an average of 4% – 5 % of value, even after adjusting for capital appreciation during those two quarters. We also provide new evidence regarding how, and by how much, appraised values lag behind sales prices. We find that appraisals appear to lag the true sales prices, falling significantly below in hot markets and remaining significantly above in cold markets. This new evidence provides guidance to investors, regulators and others about how to interpret real-estate indices like the NPI that are based upon appraised values, in both a rising and falling market. Finally, we find that this “appraisal error” is largely systematic; we can explain more than half of the variation in the signed percentage difference in sales price and appraised value. Hence, appraisal errors are not due solely to property-specific heterogeneity.appraisal; commercial real estate; commingled real estate fund; NCREIF; real estate

Preschool and School Readiness: Experiences of Children With Non-English-Speaking Parents

Examines gaps in school readiness among low-income children, especially those in immigrant and linguistically isolated families; the type of early care and education they receive; and the need for targeted center-based preschool programs to close gaps

‘Hearts and minds’: association, causation and implication of cognitive impairment in heart failure

The clinical syndrome of heart failure is one of the leading causes of hospitalisation and mortality in older adults. An association between cognitive impairment and heart failure is well described but our understanding of the relationship between the two conditions remains limited. In this review we provide a synthesis of available evidence, focussing on epidemiology, the potential pathogenesis, and treatment implications of cognitive decline in heart failure. Most evidence available relates to heart failure with reduced ejection fraction and the syndromes of chronic cognitive decline or dementia. These conditions are only part of a complex heart failure-cognition paradigm. Associations between cognition and heart failure with preserved ejection fraction and between acute delirium and heart failure also seem evident and where data are available we will discuss these syndromes. Many questions remain unanswered regarding heart failure and cognition. Much of the observational evidence on the association is confounded by study design, comorbidity and insensitive cognitive assessment tools. If a causal link exists, there are several potential pathophysiological explanations. Plausible underlying mechanisms relating to cerebral hypoperfusion or occult cerebrovascular disease have been described and it seems likely that these may coexist and exert synergistic effects. Despite the prevalence of the two conditions, when cognitive impairment coexists with heart failure there is no specific guidance on treatment. Institution of evidence-based heart failure therapies that reduce mortality and hospitalisations seems intuitive and there is no signal that these interventions have an adverse effect on cognition. However, cognitive impairment will present a further barrier to the often complex medication self-management that is required in contemporary heart failure treatment

Experiments in cooperative manipulation: A system perspective

In addition to cooperative dynamic control, the system incorporates real time vision feedback, a novel programming technique, and a graphical high level user interface. By focusing on the vertical integration problem, not only these subsystems are examined, but also their interfaces and interactions. The control system implements a multi-level hierarchical structure; the techniques developed for operator input, strategic command, and cooperative dynamic control are presented. At the highest level, a mouse-based graphical user interface allows an operator to direct the activities of the system. Strategic command is provided by a table-driven finite state machine; this methodology provides a powerful yet flexible technique for managing the concurrent system interactions. The dynamic controller implements object impedance control; an extension of Nevill Hogan's impedance control concept to cooperative arm manipulation of a single object. Experimental results are presented, showing the system locating and identifying a moving object catching it, and performing a simple cooperative assembly. Results from dynamic control experiments are also presented, showing the controller's excellent dynamic trajectory tracking performance, while also permitting control of environmental contact force

The Algebra of Strand Splitting. I. A Braided Version of Thompson's Group V

We construct a braided version of Thompson's group V.Comment: 27 page

On small homotopies of loops

Two natural questions are answered in the negative: (1) If a space has the property that small nulhomotopic loops bound small nulhomotopies, then are loops which are limits of nulhomotopic loops themselves nulhomotopic? (2) Can adding arcs to a space cause an essential curve to become nulhomotopic? The answer to the first question clarifies the relationship between the notions of a space being homotopically Hausdorff and $\pi_1$-shape injective.Comment: 12 pages, 5 figure

Fixation of virgin lunar surface soil

Two systems are shown to be suitable for fixing loose particulate soils with a polymer film, without visually detectable disturbance of the soil particle spatial relationships. A two-component system is described, which uses a gas monomer condensible at the soil temperature and a gas phase catalyst acting to polymerize the monomer. A one-component system using a monomer which polymerizes spontaneously on and within the top few millimeters of the soil is also considered. The two-component system employs a simpler apparatus, but it operates over a narrower temperature range (approximately -40 to -10 C). Other two-component systems were identified which may operate at soil temperatures as high as +100 C, at relatively narrow temperature ranges of approximately 30 C. The one-component system was demonstrated to operate successfully with initial soil temperatures from -70 C or lower to +150 C