1,915 research outputs found

    Characterization of the Generalized Top-Choice Assumption (Smith) set

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    In this paper, I give a characterization of the Generalized Top-Choice Assumption set of a binary relation in terms of choice from minimal negative consistent superrelations. This result provides a characterization of Schwart's set in tournaments.Negative Consistency, Generalized Top-Choice Assumption (Smith) set, Generalized Optimal-Choice Axiom (Schwartz) set.

    General solutions for choice sets: The Generalized Optimal-Choice Axiom set

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    In this paper we characterize the existence of best choices of arbitrary binary relations over non finite sets of alternatives, according to the Generalized Optimal-Choice Axiom condition introduced by Schwartz. We focus not just in the best choices of a single set X, but rather in the best choices of all the members of a family K of subsets of X. Finally we generalize earlier known results concerning the existence (or the characterization) of maximal elements of binary relations on compact subsets of a given space of alternatives.Generalized Optimal-Choice Axiom; maximal elements; acyclicity; consistency; ≻-upper compactness

    The time-varying nature of the overreaction effect: evidence from the UK

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    Previous studies on the overreaction effect in the UK show that prior losers consistently outperform prior winners in the period 1975 to 1990. This paper extends current knowledge by assessing the above phenomenon in the UK market for the period 1987 to 2007. In contrast to earlier research, we produce evidence of a weak presence of the overreaction effect for the latest test period. Further, we show that, after adjusting for size, the overreaction effect almost disappears and any additional excess post-formation return to prior-losers is attributable to market cycles. This study implies that the presence of the overreaction effect in the UK stock market is time-varying and difficult to exploit in practice

    Magic and the Roman Emperors

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    Roman emperors, the details of their lives and reigns, their triumphs and failures and their representation in our sources are all subjects which have never failed to attract scholarly attention. Therefore, in view of the resurgence of scholarly interest in ancient magic in the last few decades, it is curious that there is to date no comprehensive treatment of the subject of the frequent connection of many Roman emperors with magicians and magical practices in ancient literature. The aim of the present study is to explore the association of Roman emperors with magic and magicians, as presented in our sources. This study explores the twofold nature of this association, namely whether certain emperors are represented as magicians themselves and employers of magicians or whether they are represented as victims and persecutors of magic; furthermore, it attempts to explore the implications of such associations in respect of the nature and the motivations of our sources. The case studies of emperors are limited to the period from the establishment of the Principate up to the end of the Severan dynasty, culminating in the short reign of Elagabalus. The late Republican background of magic will also be explored as an introduction, since it is important to the understanding of the connection of emperors and magic in our imperial sources

    The Paleo diet and diabetes

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    Studies are inconclusive about the benefits of the Paleo diet in patients with type 2 diabetes Summary Type 2 diabetes is characterised by fasting hyperglycaemia as a result of insulin resistance and defects in insulin secretion. Obesity is the major risk factor for the development of the condition and a number of studies — including the Diabetes Prevention Program, the Da Qing IGT and Diabetes Study, and the Finnish Diabetes Prevention Study — have shown that lifestyle modification (diet and exercise) can significantly prevent the progression of glucose intolerance (prediabetes) to diabetes by up to 58%. In addition, a recent study showed that a very-low-calorie diet for 8 weeks resulted in remission of type 2 diabetes for at least 6 months in 40% of the participants.4 As such, clinical guidelines prescribe lifestyle modification as first-line treatment for type 2 diabetes and indeed throughout the management of the disease process.5 Therefore, it is clear that dietary intervention is a critical component of the glucose-lowering strategy in diabetes

    A theory and model for the evolution of software services

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    Software services are subject to constant change and variation. To control service development, a service developer needs to know why a change was made, what are its implications and whether the change is complete. Typically, service clients do not perceive the upgraded service immediately. As a consequence, service-based applications may fail on the service client side due to changes carried out during a provider service upgrade. In order to manage changes in a meaningful and effective manner service clients must therefore be considered when service changes are introduced at the service provider's side. Otherwise such changes will most certainly result in severe application disruption. Eliminating spurious results and inconsistencies that may occur due to uncontrolled changes is therefore a necessary condition for the ability of services to evolve gracefully, ensure service stability, and handle variability in their behavior. Towards this goal, this work presents a model and a theoretical framework for the compatible evolution of services based on well-founded theories and techniques from a number of disparate fields.
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