151,452 research outputs found
The Central Valley at a Crossroads: Migration and Its Implications
Examines recent trends in domestic and international migration flows, population growth, and changes in the region's socioeconomic profile. Looks at policy strategies used by each valley subregion to address challenges presented by recent migration
From market games to real-world markets
This paper uses the development of multi-agent market models to present a
unified approach to the joint questions of how financial market movements may
be simulated, predicted, and hedged against. We examine the effect of different
market clearing mechanisms and show that an out-of-equilibrium clearing process
leads to dynamics that closely resemble real financial movements. We then show
that replacing the `synthetic' price history used by these simulations with
data taken from real financial time-series leads to the remarkable result that
the agents can collectively learn to identify moments in the market where
profit is attainable. We then employ the formalism of Bouchaud and Sornette in
conjunction with agent based models to show that in general risk cannot be
eliminated from trading with these models. We also show that, in the presence
of transaction costs, the risk of option writing is greatly increased. This
risk, and the costs, can however be reduced through the use of a delta-hedging
strategy with modified, time-dependent volatility structure.Comment: Presented at APFA2 (Liege) July 2000. Proceedings: Eur. Phys. J. B
Latex file + 10 .ps figs. [email protected]
Child Poverty in Rural America
This report explores the well-being of the 14 million children who live in rural America. Rural families represent a significant share of our total population and they are disproportionately poor, less educated, and underemployed. Yet poor children and the unique challenges they face are often overlooked by policymakers. Poor children living in rural America face significant educational, social, and economic challenges just as their urban counterparts do, but many of these problems are exacerbated by the isolation and limited access to support services common in rural areas
Mixed population Minority Game with generalized strategies
We present a quantitative theory, based on crowd effects, for the market
volatility in a Minority Game played by a mixed population. Below a critical
concentration of generalized strategy players, we find that the volatility in
the crowded regime remains above the random coin-toss value regardless of the
"temperature" controlling strategy use. Our theory yields good agreement with
numerical simulations.Comment: Revtex file + 3 figure
Peak wind speed anemometers /maxometer/ Final report, 26 Mar. 1969 - 25 May 1970
Fabrication and testing of peak wind speed recording devic
Using Intelligent Agents to Manage Business Processes
This paper describes work undertaken in the ADEPT (Advanced Decision Environment for Process Tasks) project towards developing an agent-based infrastructure for managing business processes. We describe how the key technology of negotiating, service providing, autonomous agents was realised and demonstrate how this was applied to the BT business process of providing a customer quote for network services
Existence of nodal solutions for Dirac equations with singular nonlinearities
We prove, by a shooting method, the existence of infinitely many solutions of
the form of the nonlinear Dirac
equation {equation*} i\underset{\mu=0}{\overset{3}{\sum}} \gamma^\mu
\partial_\mu \psi- m\psi - F(\bar{\psi}\psi)\psi = 0 {equation*} where
is compactly supported and \[F(x) = \{{array}{ll}
p|x|^{p-1} & \text{if} |x|>0 0 & \text{if} x=0 {array}.] with
under some restrictions on the parameters and We study also the
behavior of the solutions as tends to zero to establish the link between
these equations and the M.I.T. bag model ones
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