544 research outputs found
Ideology of Translation Concept Approach on Determining a Decision by the Translator
The current study is aimed at exploring the ideology of the translation concept approach to determining a decision by the translator. The translator has faced the issues on how the way to determining a perspective view to adapt to domestication or foreignization to complete their job as a translator. We here provide some concepts that can be used for that. Ideology is considered highly important in a wide range of academic disciplines including cultural studies, communications, linguistics, and translation studies. Ideology and its effect on translation have long become a research focus in the field of translation studies. If we advocate the theories on the relationship between translation and ideology, then we would witness many cultural clashes revealing the distance between the source text and the ideological encounters it creates in the translated text
Rational bidding using reinforcement learning: an application in automated resource allocation
The application of autonomous agents by the provisioning and usage of computational resources is an attractive research field. Various methods and technologies in the area of artificial intelligence, statistics and economics are playing together to achieve i) autonomic resource provisioning and usage of computational resources, to invent ii) competitive bidding strategies for widely used market mechanisms and to iii) incentivize consumers and providers to use such market-based systems.
The contributions of the paper are threefold. First, we present a framework for supporting consumers and providers in technical and economic preference elicitation and the generation of bids. Secondly, we introduce a consumer-side reinforcement learning bidding strategy which enables rational behavior by the generation and selection of bids. Thirdly, we evaluate and compare this bidding strategy against a truth-telling bidding strategy for two kinds of market mechanisms – one centralized and one decentralized
Q-Strategy: A Bidding Strategy for Market-Based Allocation of Grid Services
The application of autonomous agents by the provisioning and usage of computational services is an attractive research field. Various methods and technologies in the area of artificial intelligence, statistics and economics are playing together to achieve i) autonomic service provisioning and usage of Grid services, to invent ii) competitive bidding strategies for widely used market mechanisms and to iii) incentivize consumers and providers to use such market-based systems.
The contributions of the paper are threefold. First, we present a bidding agent framework for implementing artificial bidding agents, supporting consumers and providers in technical and economic preference elicitation as well as automated bid generation by the requesting and provisioning of Grid services. Secondly, we introduce a novel consumer-side bidding strategy, which enables a goal-oriented and strategic behavior by the generation and submission of consumer service requests and selection of provider offers. Thirdly, we evaluate and compare the Q-strategy, implemented within the presented framework, against the Truth-Telling bidding strategy in three mechanisms – a centralized CDA, a decentralized on-line machine scheduling and a FIFO-scheduling mechanisms
Strategies used as spectroscopy of financial markets reveal new stylized facts
We propose a new set of stylized facts quantifying the structure of financial
markets. The key idea is to study the combined structure of both investment
strategies and prices in order to open a qualitatively new level of
understanding of financial and economic markets. We study the detailed order
flow on the Shenzhen Stock Exchange of China for the whole year of 2003. This
enormous dataset allows us to compare (i) a closed national market (A-shares)
with an international market (B-shares), (ii) individuals and institutions and
(iii) real investors to random strategies with respect to timing that share
otherwise all other characteristics. We find that more trading results in
smaller net return due to trading frictions. We unveiled quantitative power
laws with non-trivial exponents, that quantify the deterioration of performance
with frequency and with holding period of the strategies used by investors.
Random strategies are found to perform much better than real ones, both for
winners and losers. Surprising large arbitrage opportunities exist, especially
when using zero-intelligence strategies. This is a diagnostic of possible
inefficiencies of these financial markets.Comment: 13 pages including 5 figures and 1 tabl
Terminal valuations, growth rates and the implied cost of capital
This article is published with open access at Springerlink.comWe develop a model based on the notion that prices lead earnings,
allowing for a simultaneous estimation of the implied growth rate and the cost of
equity capital for US industrial sectors. The major difference between our approach
and that in prior literature is that ours avoids the necessity to make assumptions
about terminal values and consequently about future growth rates. In fact, growth
rates are an endogenous variable, which is estimated simultaneously with the
implied cost of equity capital. Since we require only 1-year-ahead forecasts of
earnings and no assumptions about dividend payouts, our methodology allows us to
estimate ex ante aggregate growth and risk premia over a larger sample of firms than
has previously been possible. Our estimate of the risk premium being between 3.1
and 3.9 % is at the lower end of recent estimates, reflecting the inclusion of these
short-lived companies. Our estimate of the long run growth is from 4.2 to 4.7 %
Adaptive-Aggressive Traders Don't Dominate
For more than a decade Vytelingum's Adaptive-Aggressive (AA) algorithm has
been recognized as the best-performing automated auction-market trading-agent
strategy currently known in the AI/Agents literature; in this paper, we
demonstrate that it is in fact routinely outperformed by another algorithm when
exhaustively tested across a sufficiently wide range of market scenarios. The
novel step taken here is to use large-scale compute facilities to brute-force
exhaustively evaluate AA in a variety of market environments based on those
used for testing it in the original publications. Our results show that even in
these simple environments AA is consistently out-performed by IBM's GDX
algorithm, first published in 2002. We summarize here results from more than
one million market simulation experiments, orders of magnitude more testing
than was reported in the original publications that first introduced AA. A 2019
ICAART paper by Cliff claimed that AA's failings were revealed by testing it in
more realistic experiments, with conditions closer to those found in real
financial markets, but here we demonstrate that even in the simple experiment
conditions that were used in the original AA papers, exhaustive testing shows
AA to be outperformed by GDX. We close this paper with a discussion of the
methodological implications of our work: any results from previous papers where
any one trading algorithm is claimed to be superior to others on the basis of
only a few thousand trials are probably best treated with some suspicion now.
The rise of cloud computing means that the compute-power necessary to subject
trading algorithms to millions of trials over a wide range of conditions is
readily available at reasonable cost: we should make use of this; exhaustive
testing such as is shown here should be the norm in future evaluations and
comparisons of new trading algorithms.Comment: To be published as a chapter in "Agents and Artificial Intelligence"
edited by Jaap van den Herik, Ana Paula Rocha, and Luc Steels; forthcoming
2019/2020. 24 Pages, 1 Figure, 7 Table
Security System for Industrial Gate And Generation of Gate Pass
This paper gives description of face recognition system which automatically identifies and/or verifies the identity of a person from digital images. The basic flow of system is the image is captured by camera. The PCA algorithm detects the face and extracts its features. After the extraction, system compares the captured images with data base images. When the system found the person to be authorized then the system opens the gate automatically. But if the person is unauthorized then the system does not allow to entering in the industrial campus as well as it will generate the gate pass for the person
Students’ perspective on absenteeism: a cross-sectional study among students at government medical colleges of Western Maharashtra
Background: The professional courses as undergraduate medical education need high theoretical and clinical classes attendance as those students will be future doctors and will deal with the health and disease of the public. In spite of implementing strict policies regarding student attendance, the rate of absenteeism in medical colleges remains high and is a growing apprehension a phenomenon that is also on the rise in universities worldwide.
Methods: A cross-sectional study in few Governments Medical Colleges of Western region of Maharashtra using a self-administered questionnaire. Data was collected and analysed through Google forms.
Results: Preparatory leave before every examination required (50.7%), air-conditioned classrooms (49.7%), good ventilated classrooms (44.1%), interactive teachers (41.8%), decrease lecture duration (38%), more practical less theory classes (37.6%) and good transportation facilities (34.3%) were various major suggestions given by students to increase the overall attendance.
Conclusions: Feedback from students must be repeatedly considered while designing and revising the curriculum to reduce absenteeism
Increasing negotiation performance at the edge of the network
Automated negotiation has been used in a variety of distributed settings,
such as privacy in the Internet of Things (IoT) devices and power distribution
in Smart Grids. The most common protocol under which these agents negotiate is
the Alternating Offers Protocol (AOP). Under this protocol, agents cannot
express any additional information to each other besides a counter offer. This
can lead to unnecessarily long negotiations when, for example, negotiations are
impossible, risking to waste bandwidth that is a precious resource at the edge
of the network. While alternative protocols exist which alleviate this problem,
these solutions are too complex for low power devices, such as IoT sensors
operating at the edge of the network. To improve this bottleneck, we introduce
an extension to AOP called Alternating Constrained Offers Protocol (ACOP), in
which agents can also express constraints to each other. This allows agents to
both search the possibility space more efficiently and recognise impossible
situations sooner. We empirically show that agents using ACOP can significantly
reduce the number of messages a negotiation takes, independently of the
strategy agents choose. In particular, we show our method significantly reduces
the number of messages when an agreement is not possible. Furthermore, when an
agreement is possible it reaches this agreement sooner with no negative effect
on the utility.Comment: Accepted for presentation at The 7th International Conference on
Agreement Technologies (AT 2020
Trading Strategies for Markets: A Design Framework and Its Application
In this paper, we present a novel multi-layered framework for designing strategies for trading agents. The objective of, this work is to provide a framework that will assist strategy designers with the different aspects involved in designing a strategy. At present, such strategies are typically designed in an ad-hoc and intuitive manner with little regard for discerning best practice or attaining reusability in the design process. Given this, our aim is to put such developments on a more systematic engineering footing. After we describe our framework, we then go on to illustrate how it can be used to design strategies for a particular type of market mechanism (namely the Continuous Double Auction), and how it was used to design a novel strategy for the Travel Game of the International Trading Agent Competition
- …
