Results 41 to 50 of about 4,404 (137)
A flexible framework for defeasible logics [PDF]
Logics for knowledge representation suffer from over-specialization: while each logic may provide an ideal representation formalism for some problems, it is less than optimal for others.
David Billington +4 more
core +5 more sources
Embedding Defeasible Logic into Logic Programming
Defeasible reasoning is a simple but efficient approach to nonmonotonic reasoning that has recently attracted considerable interest and that has found various applications. Defeasible logic and its variants are an important family of defeasible reasoning
Antoniou, Grigoris +3 more
core +2 more sources
Financial Statement Information and Equity Value: The Role of Real Options Characteristics
ABSTRACT This paper examines whether firm‐specific real options characteristics are equity value‐relevant beyond valuation estimates anchored in financial statements. Using extensive historical data for the United Kingdom, we assess and compare the forecast accuracy and explanatory power for stock prices of equity valuation models based on residual ...
Mingyu (Chandler) Chen +2 more
wiley +1 more source
How Does Progressivity Affect the Tax Cut Multiplier?
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
ABSTRACT We develop a unified theory of blockholder governance and the voting premium in a setting without takeovers or controlling shareholders. A voting premium emerges when a minority blockholder can influence shareholder composition by accumulating votes and buying shares from dissenting shareholders.
DORON LEVIT, NADYA MALENKO, ERNST MAUG
wiley +1 more source
Innovation and Structural Design in Regionalized Supply Networks
ABSTRACT Regionalization is reshaping global supply networks (SNs) as firms respond to geopolitical, economic, and institutional pressures. Yet extant research has not examined how patterns of structural adaptation associated with regionalization may influence innovation. In this paper, we develop a typology of three theoretically grounded archetypes: (
Kevin J. Dooley +2 more
wiley +1 more source
Logical problems with nonmonotonicity
A few years ago, believing that human thinking is nonmonotonic, I tried to reconstruct a nonmonotonic reasoning by application of two monotonic procedures. I called them “step forward” and “step backward” (see [4]). The first procedure is just a consequence operation responsible for an extension of the set of beliefs.
openaire +1 more source
Two‐Dimensional Reconfigurable Photodiode for In‐Sensor Color Filtering and Spectral Logic
By harnessing the photodoping of different aggregates, the device exhibits wavelength‐dependent volatile‐to‐nonvolatile photoresponses that can be reconfigured via bias modulation. This enables in‐sensor color filtering and spectral‐encrypted information processing, eliminating reliance on external optical filters or post‐processing algorithms ...
Xiaokun Guo +7 more
wiley +1 more source
Ambiguity Aversion, Portfolio Choice, and Life Expectancy
ABSTRACT This paper studies how wealth and aging affect portfolio choices in a life‐cycle model with ambiguity aversion. Ambiguity aversion implies wealthier and older agents are endogenously more optimistic about risky asset returns, relative to poorer/younger agents. As life expectancy grows, old agents become even more optimistic, while young agents
Alistair Macaulay, Chenchuan Shi
wiley +1 more source
A Nonmonotonic Sequent Calculus for Inferentialist Expressivists [PDF]
I am presenting a sequent calculus that extends a nonmonotonic consequence relation over an atomic language to a logically complex language. The system is in line with two guiding philosophical ideas: (i) logical inferentialism and (ii) logical ...
Hlobil, Ulf
core

