Andreas Polk, Armin Schmutzler, Lobbying against environmental regulation vs. lobbying for loopholes, European Journal of Political Economy, Vol. 21 (4), 2005. (Journal Article)
We analyze the determinants of environmental policy when two industry lobbies can seek a laxer policy that would apply to both industries and loophole lobbying that provides benefits specific to one industry. We determine the properties of the lobbying equilibrium, including the resulting emissions level. In many cases, higher effectiveness of loophole lobbying is detrimental for industries and beneficial for environmental quality, as it exacerbates the free-rider problem in the provision of general lobbying by inducing industries to turn towards loophole lobbying. |
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Michael Kosfeld, Markus Heinrichs, Paul J Zak, Urs Fischbacher, Ernst Fehr, Oxytocin increases trust in humans, Nature, Vol. 435 (7042), 2005. (Journal Article)
Trust pervades human societies. Trust is indispensable in friendship, love, families and organizations, and plays a key role in economic exchange and politics. In the absence of trust among trading partners, market transactions break down. In the absence of trust in a country's institutions and leaders, political legitimacy breaks down. Much recent evidence indicates that trust contributes to economic, political and social success. Little is known, however, about the biological basis of trust among humans. Here we show that intranasal administration of oxytocin, a neuropeptide that plays a key role in social attachment and affiliation in non-human mammals, causes a substantial increase in trust among humans, thereby greatly increasing the benefits from social interactions. We also show that the effect of oxytocin on trust is not due to a general increase in the readiness to bear risks. On the contrary, oxytocin specifically affects an individual's willingness to accept social risks arising through interpersonal interactions. These results concur with animal research suggesting an essential role for oxytocin as a biological basis of prosocial approach behaviour. |
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Andrea Schenker-Wicki, Gestalten statt Verwalten, Thesen zur Wirkungssteuerung,, In: Bertelsmann-Symposium. 2005. (Conference Presentation)
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Loriano Mancini, Elvezio Ronchetti, Fabio Trojani, Optimal conditionally unbiased bounded-influence inference in dynamic location and scale models, Journal of the American Statistical Association, Vol. 100 (470), 2005. (Journal Article)
This paper studies the local robustness of estimators and tests for the conditional location and scale parameters in a strictly stationary time series model. We first derive optimal bounded-influence estimators for such settings under a conditionally Gaussian reference model. Based on these results, optimal bounded-influence versions of the classical likelihood-based tests for parametric hypotheses are obtained. We propose a feasible and efficient algorithm for the computation of our robust estimators, which makes use of analytical Laplace approximations to estimate the auxiliary recentering vectors ensuring Fisher consistency in robust estimation. This strongly reduces the necessary computation time by avoiding the simulation of multidimensional integrals, a task that has typically to be addressed in the robust estimation of nonlinear models for time series. In some Monte Carlo simulations of an AR 1)-ARCH(1) process we show that our robust procedures maintain a very high efficiency under ideal model conditions and at the same time perform very satisfactorily under several forms of departure from conditional normality. On the contrary, classical Pseudo Maximum Likelihood inference procedures are found to be highly inefficient under such local model misspecifications. These patterns are confirmed by an application to robust testing for ARCH. |
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Maria Saez Marti, Jörgen W Weibull, Discounting and altruism to future decision-makers, Journal of Economic Theory, Vol. 122 (2), 2005. (Journal Article)
Is discounting of future decision-makers’ consumption utilities consistent with "pure" altruism toward those decision-makers, that is, a concern that they are better off according to their own, likewise forward-looking, preferences? It turns out that the answer is positive for many but not all discount functions used in the economics literature. In particular, "hyperbolic" discounting of the form used by Phelps and Pollak (1968) and Laibson (1997) is consistent with exponential altruism towards all future generations. More generally, we establish a one-to-one relationship between discount functions and altruism weight systems, and provide sufficient, as well as necessary, conditions for discount functions to be consistent with pure altruism. |
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Abraham Bernstein, Benjamin Grosof, Michael Kifer, Beyond Monotonic Inheritance: Towards Non-Monotonic Semantic Web Process Ontologies, In: W3C Workshop On Frameworks for Semantics in Web Services, World Wide Web Consortium, June 2005. (Conference or Workshop Paper)
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Gerhard Schwabe, Marco Prestipino, How Tourism Communities can change travel information quality, In: 13th European Conference on Information Systems (ECIS) 2005, In: Proceedings of the 13th European Conference on Information Systems (ECIS) 2005, 2005-05-26. (Conference or Workshop Paper published in Proceedings)
Largely ignored by research, online travel communities have already changed the travel behavior of the younger generation. They retrieve and exchange information prior to travelling and share their experiences afterwards. This paper presents some empirical evidence that the quality of the information retrieved justifies their behavior. The evidence is embedded in a larger framework and a set of hypotheses that establish a relationship between the choice of a travel information system and attributes of information quality. The paper argues that relevant attributes of information quality are timeliness, completeness, structure and personalization. Three studies support our proposition that a traditional discussion-based online tourism community provides more timely, more complete and more personalized information than a commercial guidebook. A major deficiency is particularly their lack of structure, but also the other attributes of information quality can be improved by more advanced online tourism communities. A second section thus proposes that a) Wiki communities improve timeliness, completeness and structure of online communities b) personal spaces improve the structure and the personalization of traditional online tourist communities and c) Mobile communities provide higher quality information than traditional online tourist communities. |
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Peter Zweifel, Lukas Steinmann, Patrick Eugster, The Sisyphus syndrome in health revisited, International Journal of Health Care Finance and Economics, Vol. 5 (2), 2005. (Journal Article)
Health care may be similar to Sisyphus work: When the task is about to be completed, work has to start all over again. To see the analogy, consider an initial decision to allocate more resources to health. The likely consequence is an increased number of survivors, who will exert additional demand for health care. With more resources allocated to health, the cycle starts over again. The objective of this paper is to improve on earlier research that failed to find evidence of a Sisyphus syndrome in industrialized countries. This time, there are signs of such a cycle, which however seems to have faded away recently. |
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Enrico De Giorgi, Thierry Post, Second Order Stochastic Dominance, Reward-Risk Portfolio Selection and the CAPM , In: 14th European Workshop on General Equilibrium Theory. 2005. (Conference Presentation)
Starting from the reward-risk model for portfolio selection introduced in DeGiorgi (2005), we derive the reward-risk Capital Asset Pricing Model (CAPM) analogously to the classical mean-variance CAPM. In contrast to the mean-variance model, reward-risk portfolio selection arises from an axiomatic definition of reward and risk measures based on few basic principles, including consistency with second order stochastic dominance. With complete markets, we show that at any financial market equilibrium, reward-risk investors' optimal allocations are comonotonic and therefore our model reduces to a representative investor model. Moreover, the pricing kernel is an explicitly given, non-increasing function of the market portfolio return, reflecting the representative investor's risk attitude. Finally, an empirical application shows that the reward-risk CAPM better captures the cross-section of US stock returns than the mean-variance CAPM does.
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Jialun Qin, Jennifer J Xu, Daning Hu, Marc Sageman, Hsinchun Chen, Analyzing terrorist networks: A case study of the global salafi jihad network, In: the 3rd IEEE Conference on Intelligence and Security Informatics, Springer, Atlanta, Georgia, USA, 2005-05-18. (Conference or Workshop Paper published in Proceedings)
It is very important for us to understand the functions and structures of terrorist networks to win the battle against terror. However, previous studies of terrorist network structure have generated little actionable results. This is mainly due to the difficulty in collecting and accessing reliable data and the lack of advanced network analysis methodologies in the field. To address these problems, we employed several advance network analysis techniques ranging from social network analysis to Web structural mining on a Global Salafi Jihad network dataset collected through a large scale empirical study. Our study demonstrated the effectiveness and usefulness of advanced network techniques in terrorist network analysis domain. We also introduced the Web structural mining technique into the terrorist network analysis field which, to the best our knowledge, has never been used in this domain. More importantly, the results from our analysis provide not only insights for terrorism research community but also empirical implications that may help law-reinforcement, intelligence, and security communities to make our nation safer. |
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David Hausheer, Burkhard Stiller, PeerMart: The Technology for a Distributed Auction-based Market for Peer-to-Peer Services, In: 40th IEEE International Conference on Communications (ICC 2005), Seoul, Korea, 2005. (Conference or Workshop Paper published in Proceedings)
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David Hausheer, Burkhard Stiller, Decentralized Auction-based Pricing with PeerMart, In: 9th IFIP/IEEE International Symposium on Integrated Network Management (IM 2005), Nice, France, 2005. (Conference or Workshop Paper published in Proceedings)
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Egon Franck, Kurse lassen sich kaufen, Signale nicht, In: Neue Zürcher Zeitung, 107, p. B17, 10 May 2005. (Newspaper Article)
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David Seidl, General Strategy Concepts and the Ecology of Discourses, In: 5th Conference of the European Academy of Management (EURAM). 2005. (Conference Presentation)
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David Hausheer, PeerMint: Decentralized and Secure Accounting for Peer-to-Peer Applications, In: 2005 IFIP Networking Conference. 2005. (Conference Presentation)
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David Hausheer, Burkhard Stiller, PeerMint: Decentralized and Secure Accounting for Peer-to-Peer Applications, In: 2005 IFIP Networking Conference, University of Waterloo, Waterloo Ontario Canada, 2005. (Conference or Workshop Paper published in Proceedings)
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David Hausheer, Burkhard Stiller, Decentralized Auction-based Pricing with PeerMart, In: IFIP/IEEE International Symposium on Integrated Network Management (IM 2005). 2005. (Conference Presentation)
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David Hausheer, PeerMart: The Technology for a Distributed Auction-based Market for Peer-to-Peer Services, In: 40th IEEE International Conference on Communications (ICC 2005). 2005. (Conference Presentation)
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U Schwertel, Plural semantics for natural language understanding — a computational proof-theoretic approach, University of Zurich, Faculty of Economics, Business Administration and Information Technology, 2005. (Dissertation)
The semantics of natural language plurals poses a number of intricate problems – both from a formal and a computational perspective. In this thesis I investigate problems of representing, disambiguating and reasoning with plurals from a computational perspective. The work defines a computationally suitable representation for important plural constructions, proposes a tractable resolution algorithm for semantic plural ambiguities, and integrates an automatic reasoning component for plurals.
My solution combines insights from formal semantics, computational linguistics and automated theorem proving and is based on the following main ideas. Whereas many existing approaches to plural semantics work on a model-theoretic basis using higher-order representation languages I propose a proof-theoretic approach to plural semantics based on a flat first-order semantic representation language thus showing that a trade-off between expressive power and logical tractability can be found. The problem of automatic disambiguation of plurals is tackled by a deliberate decision to drastically reduce recourse to contextual knowledge for disambiguation but rely instead on structurally available and thus computationally manageable information. A further central aspect of the solution lies in carefully drawing the borderline between real ambiguity and mere indeterminacy in the interpretation of plural noun phrases. As a practical result of my computational proof-theoretic approach to plural semantics I can use my methods to perform automated reasoning with plurals by applying advanced first-order theorem provers and model-generators available off-the shelf.
The results are prototypically implemented within the two logic-oriented natural language understanding applications DRoPs and Attempto. DRoPs provides an automatic plural disambiguation component for uncontrolled natural language whereas Attempto works with a constructive disambiguation strategy for controlled natural language. Both systems provide tools for the automated analysis of technical texts allowing users for example to automatically detect inconsistencies, to perform question answering, to check whether a conjecture follows from a text or to find equivalences and redundancies. |
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Martin Pinzger, ArchView - Analyzing Evolutionary Aspects of Complex Software Systems, Vienna University of Technology, 2005. (Dissertation)
Large and complex software systems are confronted with continuous changes during all stages
in their life comprising development, maintenance, migration, and retirement. On the one side
these changes are mandatory to guarantee the success of a software system but on the other side
changes affect the architecture and design of a software system. Therefore, a continuous observation and analysis of the architecture and the design is needed to early identify shortcomings
and resolve them.
In this dissertation we propose the ArchView approach that focuses on the analysis and evaluation of software modules regarding their structural and evolutionary characteristics. Software
modules are architectural elements that are implemented in source files, classes, or aggregations
of them. The primary objective of our approach is to extract higher-level views of software
modules and their dependency relationships that allow the spectator to identify structural and
evolutionary shortcomings.
For the analysis of the structural and evolutionary characteristics of software modules ArchView uses software metrics and coupling relationships. Software metrics quantify the size, complexity, coupling degree, modification and problem frequency of software modules. Coupling
relationships show change as well as implemented dependency relationships between modules.
Both, metrics and coupling relationships are computed for a number of subsequent source code
releases giving insights into the evolution of modules.
For the identification of structural and evolutionary shortcomings ArchView introduces a
graph representation technique that is based on the principle of measurement mapping. Metric
values are mapped to graphical attributes highlighting in particular modules and dependency
relationships with noticeable structural and evolutionary characteristics. To handle the various
characteristics we present a number of different view configurations that we implemented in a
prototype tool. They can be extended and used by engineers in everyday analysis tasks.
The evaluation and validation of the ArchView approach and its different view configurations
is done with the large open source project Mozilla. We focus on the analysis of the content and
layout modules with different higher-level views. Resulting views clearly show the usefulness of
ArchView to visualize structural and evolutionary characteristics of Mozilla modules and point
out a number of shortcomings in their design. |
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