983 research outputs found
On the Turing completeness of the Semantic Web
The evidenced fact that âLinking is as powerful as computingâ in a dynamic web context has lead to evaluating Turing completeness for hypertext systems based on their linking model. The same evaluation can be applied to the Semantic Web domain too. RDF is the default data model of the Semantic Web links, so the evaluation comes back to whether or not RDF can support the required computational power at the linking level. RDF represents semantic relationships with explicitly naming the participating triples, however the enumeration is only one method amongst many for representing relations, and not always the most efficient or viable. In this paper we firstly consider that Turing completeness of binary-linked hypertext is realized if and only if the links are dynamic (functional). Ashmanâs Binary Relation Model (BRM) showed that binary relations can most usefully be represented with Miliâs pE (predicate-expression) representation, and Moreau and Hall concluded that hypertext systems which use the pE representation as the basis for their linking (relation) activities are Turing-complete. Secondly we consider that RDF âas it is- is a static version of a general ternary relations model, called TRM. We then conclude that the current computing power of the Semantic Web depends on the dynamicity supported by its underlying TRM. The value of this is firstly that RDFâs triples can be considered within a framework and compared to alternatives, such as the TRM version of pE, designated pfE (predicate-function-expression). Secondly, that a system whose relations are represented with pfE is likewise going to be Turing-complete. Thus moving from RDF to a pfE representation of relations would give far greater power and flexibility within the Semantic Web applications
Agency problems and capital expenditure announcements
This article examines the market valuation of announcements of new capital expenditure. Prior research suggests that the firm's growth opportunities and cash flow position condition the market response. This study jointly examines the role of growth and cash flow, and the interaction between them. Using a new data set of Australian firms that avoids problems associated with expectations models, the results are remarkably strong and support a positive association between growth opportunities and the market valuation, in addition to supporting the role of free cash flow. The findings have implications for the relationship between general investment information and stock prices
Knowledge tree: Putting discourse into computerâbased learning
Most CBL materials currently in use model only the declarative aspects of the learning process. If such courseware is used without careful planning, this can be dangerous because one of the most fundamental aspects of education is the dialogue that occurs between teachers and the students. Traditionally, this has taken place in informal discussions as well as in formal smallâgroup learning sessions such as the conventional tutorial. However, as the studentâstaff ratio increases, so does the opportunity for this type of personal dialogue decrease. Modern networking technology offers a huge potential to add discourse to CBL, but there are many pedagogical problems involved with the intrinsically ephemeral and anarchic nature both of the Internet and of most conferencing or bulletinâboard systems. In this paper we describe a software system called Knowledge Tree (KT) which we have developed to address some of these issues. KT combines a hierarchical conceptâoriented database functionality with that of a Usenetâstyle bulletin board Using this, a knowledge garden may be developed for any subject area. These each contain a hypermedia database of frequently asked questions, together with answers provided by subject experts. There is provision for interâstudent discussions of problems and issues. When students ask new questions these are automatically emailed to a relevant subject expert (determined by a subjectâspecific concept thesaurus). The answer is then placed in the database which eventually grows to become a valuable teaching resource. KT is disciplineâindependent as the concept thesaurus can be changed to encapsulate any domain of knowledge. We have used it in support of conventional lecture courses, as an important component of a multimedia course, and for general IT support. These examples illustrate the role that this system can play both in basic information provision, and in facilitating the discussion of deep issues
Are we talking about the same structure?: A unified approach to hypertext links, xml, rdf and zigzag
There are many different hypertext systems and paradigms, each with their apparent advantages. However the distinctions are perhaps not as significant as they seem. If we can reduce the core linking functionality to some common structure, which allows us to consider hypertext systems within a common model, we could identify what, if anything, distinguishes hypertext systems from each other. This paper offers such a common structure, showing the conceptual similarities between each of these systems and paradigms
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