Foreign currency returns and systematic risks [PDF]
The decomposition of the market return into its cash-flow and discount-rate news driven components reveals that excess returns on low forward discount currency portfolios load positively on "good" news about the stock market's discount rates while high ...
Thomas Nitschka, Victoria Galsband
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Learning Highly Dynamic Skills Transition for Quadruped Jumping Through Constrained Space
Advanced Robotics Research, EarlyView.A quadruped robot masters dynamic jumps through constrained spaces with animal‐inspired moves and intelligent vision control. This hierarchical learning approach combines imitation of biological agility with real‐time trajectory planning. Although legged animals are capable of performing explosive motions while traversing confined spaces, replicating ...
Zeren Luo +6 more
wiley +1 more source
Insights from Financial Economics to Value Healthcare Investments that Reduce System-Level Risks: Example of Disease Elimination and Eradication. [PDF]
Appl Health Econ Health PolicyRao M +6 more
europepmc +1 more source
The valuation of tax shields induced by asset step-ups in corporate acquisitions [PDF]
We derive discount rates for depreciation and amortization tax shields resulting from asset step-ups in corporate mergers and acquisitions. By assigning all relevant sources of uncertainty for such kind of tax shields and by accounting for corporate debt
Groh, Alexander P., Henseleit, Christoph
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Stable Imitation of Multigait and Bipedal Motions for Quadrupedal Robots Over Uneven Terrains
Advanced Robotics Research, EarlyView.How are quadrupedal robots empowered to execute complex navigation tasks, including multigait and bipedal motions? Challenges in stability and real‐world adaptation persist, especially with uneven terrains and disturbances. This article presents an imitation learning framework that enhances adaptability and robustness by incorporating long short‐term ...
Erdong Xiao +3 more
wiley +1 more source
Quantifying climate loss and damage consistent with a social cost of carbon. [PDF]
NatureBurke M +3 more
europepmc +1 more source
Folk Theorems for Present-Biased Players [PDF]
The folk theorems for infinitely repeated games with discounting presume that the discount rate between two successive periods is constant. Following the literature on quasi-exponential or hyperbolic discounting, I model the repeated interaction between ...
Bernergård, Axel
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The Future of Research in Cognitive Robotics: Foundation Models or Developmental Cognitive Models?
Advanced Robotics Research, EarlyView.Research in cognitive robotics founded on principles of developmental psychology and enactive cognitive science would yield what we seek in autonomous robots: the ability to perceive its environment, learn from experience, anticipate the outcome of events, act to pursue goals, and adapt to changing circumstances without resorting to training with ...
David Vernon
wiley +1 more source
Associations Between Adoption Discounts, Length-of-Stay, and Adoption Rates of Dogs in an Open-Admission Municipal Animal Shelter in NSW, Australia. [PDF]
Animals (Basel)Qiu T, Maher SJ, Hall E, Westman ME.
europepmc +1 more source
Discounting and efficiency in coalitional bargaining with random proposers [PDF]
This paper analyzes a random-proposer coalitional bargaining game with different discount factors, which is a generalized version of Okada's (1996) model.
Tomohiko Kawamori
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