1,579 research outputs found
Extraction and Classification of Diving Clips from Continuous Video Footage
Due to recent advances in technology, the recording and analysis of video
data has become an increasingly common component of athlete training
programmes. Today it is incredibly easy and affordable to set up a fixed camera
and record athletes in a wide range of sports, such as diving, gymnastics,
golf, tennis, etc. However, the manual analysis of the obtained footage is a
time-consuming task which involves isolating actions of interest and
categorizing them using domain-specific knowledge. In order to automate this
kind of task, three challenging sub-problems are often encountered: 1)
temporally cropping events/actions of interest from continuous video; 2)
tracking the object of interest; and 3) classifying the events/actions of
interest.
Most previous work has focused on solving just one of the above sub-problems
in isolation. In contrast, this paper provides a complete solution to the
overall action monitoring task in the context of a challenging real-world
exemplar. Specifically, we address the problem of diving classification. This
is a challenging problem since the person (diver) of interest typically
occupies fewer than 1% of the pixels in each frame. The model is required to
learn the temporal boundaries of a dive, even though other divers and
bystanders may be in view. Finally, the model must be sensitive to subtle
changes in body pose over a large number of frames to determine the
classification code. We provide effective solutions to each of the sub-problems
which combine to provide a highly functional solution to the task as a whole.
The techniques proposed can be easily generalized to video footage recorded
from other sports.Comment: To appear at CVsports 201
Markets & Democracy: The Illegitimacy of Corporate Law
Corporate law does not conform to ordinary democratic norms. Unlike human citizens, corporations may decide which law will govern their most fundamental acts of self-governance. The corporate law corporation choose in turn influences the corporate goals and decision-making processes that determine what the corporation looks for in corporate law in a reflexive system independent of ordinary political processes.
This system seems on its face to violate the most fundamental principle of popular sovereignty–all non-Delaware citizens of the United States are excluded from even formal participation in the process of determining American corporate law, and even Delaware citizens are reduced to a largely formalistic ratification role of results coerced, to a large extent, by the market for corporate control and the internal norms of a self-replicating system of law that has escaped from political control.
Corporate law scholars have devoted many pages to debating whether the surrender of corporate law to a market for corporate reincorporation generates substantively good or bad results, but there has been virtually no discussion of whether this process can be squared with the American commitment to self-governance. This Article aims to address that latter issue–with its obvious implications for other areas in which we, consciously or unconsciously, decide to subordinate politics to markets or vice versa
The Dividend Problem
Everyone knows that shareholders receive dividends because they are entitled to the residual returns of a public corporation. Everyone is wrong.
Using the familiar economic model of the firm, I show that shareholders have no special claim on corporate economic returns. No one has an entitlement to rents in a capitalist system. Shareholders, the purely fungible providers of a purely fungible commodity and a sunk cost, are particularly unlikely to be able to command a share of economic profits or, indeed, any return at all.
Shareholders do win much of the corporate surplus. But this is not by market right or moral entitlement. Rather, it is the result of a (possibly temporary) ideological victory in a political battle over economic rents. Surprisingly, since corporate law often assumes a conflict between shareholders and top management, shareholder gains flow from the usefulness of the share-centered ideologies in justifying a tremendous shift of corporate wealth from employees to top managers. Burgeoning CEO salaries are part of the same phenomenon as high shareholder returns, not in opposition to it.
Taking the political nature of the corporation seriously will lead to a series of new and important questions. Are current distributions of corporate wealth justifiable, or should corporate governance treat lower-paid employees as citizens instead of subjects? Why should only one side in a political conflict have the vote, and why per dollar instead of per person? Given undemocratic internal corporate politics, are current levels of deference to corporate autonomy justifiable
The Semi-Sovereign Corporation
For at least a generation, corporate law scholars have worked within a paradigm of the corporation as a nexus of contracts, using metaphors drawn from contract, property, agency and trust to describe the relationships between shareholders and the firm as something like those of strangers in a market.
But historically, corporations were understood to be political organizations much like a miniature state or sovereign. The political view emphasizes that the participants in a firm include more than the public shareholders, that they have relationships with each other that extend beyond the momentary contact of strangers in a spot-market, and most important, that the firm is a self-governing entity for many important purposes. Naturally, it also foregrounds the important issue of how corporations make the decisions they make and why only certain role-holders are enfranchised.
In this essay, I begin the process of resurrecting the memory of the semi-sovereign corporation. By examining the history of early corporations in the early colonial enterprises, I focus on the historical connection, now lost, between our business corporations and our municipal, governmental, ones
Person, State, or Not: The Place of Business Corporations in Our Constitutional Order
Business corporations are critical institutions in our democratic republican, market-based, economic order. The United States Constitution, however, is completely silent as to their status in our system. The Supreme Court has filled this silence by repeatedly granting corporations rights against the citizenry and its elected representatives.
Instead, we ought to view business corporations, like municipal corporations, as governance structures created by We the People to promote our general Welfare. On this social contract view, corporations should have the constitutional rights specified in the text: none. Instead, we should be debating which rights of citizens against governmental agencies should also apply to these state-like governance institutions
Calibration of neural networks using genetic algorithms, with application to optimal path planning
Genetic algorithms (GA) are used to search the synaptic weight space of artificial neural systems (ANS) for weight vectors that optimize some network performance function. GAs do not suffer from some of the architectural constraints involved with other techniques and it is straightforward to incorporate terms into the performance function concerning the metastructure of the ANS. Hence GAs offer a remarkably general approach to calibrating ANS. GAs are applied to the problem of calibrating an ANS that finds optimal paths over a given surface. This problem involves training an ANS on a relatively small set of paths and then examining whether the calibrated ANS is able to find good paths between arbitrary start and end points on the surface
Partnership, Democracy, and Self-Rule in Jewish Law
Liberal political theory has long relied on a metaphor of contract: autonomous adults coming together to agree, by unanimous consent, on the basic structure of a just society. But contract is a strange metaphor with which to explain society. Contract law is based on a morality of strangers acting at arms-length. In contrast, decent societies and the governments they set for themselves must be based on a commitment of mutual responsibility. What makes us fellow citizens—fellows of any variety—is accepting that we are all in this together. Jewish legal and midrashic traditions can be a useful corrective to the atomistic metaphors underlying most liberal political theory. The Jewish tradition has never had the luxury of imagining self-sufficiency, that government itself is the primary source of unjust power, or that individuals could be free in a state of nature. We too can no longer ignore that a solitary human being is a dead human being, that we need government to make spaces in which we can be free from want, resist oppression by non-governmental power, reverse the destruction of the natural commons on which we depend, and engage in the communal activities that make life meaningful. The partnership metaphor, I argue, can make visible the mutual concern and collective effort that must characterize decent and just governments in an age of economic challenges and ecological crises. The goal of liberalism should not be individual self-determination but the freedom to live together in peace, prosperity and justice
Corporate Governance and Bankruptcy
Ordinary corporate law invests enormous authority in corporate leaders, largely without accountability either to those they govern or to the judiciary, in defiance of much of what we know about effective governance procedure. Instead, we rely on the markets in which the corporation participates as the primary check on incumbent officials. Regardless of whether relying on markets is sufficient in the ordinary course, corporate insolvency is the markets’ verdict that incumbent management has failed. Accordingly, in bankruptcy and insolvency more generally, the law ought to abandon its ordinary deference to the corporate powers that be and instead impose standard good governance rules. Failed incumbents should be replaced and those governed should have political voice, not merely market exit rights
Are Shareholders Entitled to the Residual?
Everyone knows that shareholders are entitled to the residual returns of a public corporation. Everyone is wrong.
Using the familiar economic model of the firm, I show that shareholders have no special claim on a corporation’s economic returns. No one has an entitlement to economic rents in a capitalist system. Shareholders, the purely fungible providers of a purely fungible commodity, are particularly unlikely to be able to command a share of economic profits. Indeed, since the contribution of shareholders to the firm is a sunk cost, in a competitive market shareholders are unlikely to earn any return at all. Accordingly, market-based analyses of the firm should conclude that shareholder returns result from a market distortion.
The implications are clear: shareholders win much of the corporate surplus not by market right or moral entitlement, but due to a (possibly temporary) ideological victory in a political battle over economic rents. Surprisingly, since corporate law often assumes a conflict between shareholders and top management, shareholder gains are more likely the result of the usefulness of the share-centered ideologies in justifying a tremendous shift of corporate wealth from employees to an alliance of top managers and shareholders.
Standard accounts conceal the struggles over corporate surplus and the weakness of shareholder claims to appropriate it. Taking the political nature of the corporation seriously, in contrast, will lead to a series of new and important questions. Why should only one side in a political conflict have the vote, and why should a democracy allocate votes per dollar instead of per person
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