6 research outputs found

    An Update Procedure for A Probabilistic Deductive Database

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    A sound and complete view update procedure for a probabilistic deductive database is formulated using SLDp derivation trees introduced by Ng and Subrahmanian in [8]. In order to reduce the number of valid translations that can satisfy an update request a preference criteria is proposed. Moreover, we introduce a method called Δ-factor to minimize the change effected by updates in the database

    ARGUER: Using Argument Schemas for Argument Detection and Rebuttal in Dialogs

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    This paper presents a computational method for argumentation on the basis of a declarative characterizatio

    Welfare implications of Pigovian taxation of a durable goods monopolist

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    This paper examines the effectiveness of Pigovian taxation in checking the behaviour of a durable goods monopolist who generates some externality in the production process. The durable good lasts two periods. It is found that while the effect of an increase in the tax is to lower the first period output, the second period output decreases only under certain conditions. The overall welfare effect of a Pigovian tax can either be positive or negative depending on the relative magnitudes of the price-cost margins, the extent of the negative externality, the extent of longevity (durability) of the first period output and the underproduction relative to social optima. Public policy implications are discussed.
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