In this paper, we study the asset pricing implication of imprecise knowledge about rare events. Modeling rare events as jumps in the aggregate endowment, we explicitly solve the equilibrium asset prices in a pure-exchange economy with a representative agent who…

As part of its national obligations, ONR must ensure US world leadership in those unique technology areas that insure naval superiority. ONR accomplishes this mission through research, recruitment and education, maintaining an adequate base of talent, and sustaining critical infrastructure…

This paper presents a knowledge-based approach for capturing data and rationale, so
that the experience and insights gained while pursuing a major project or endeavor can
be utilized when pursuing future endeavors of a similar nature. The proposed

This study investigates an approach of knowledge discovery and data mining in insufficient databases. An application of Computational Taxonomy analysis demonstrates that the approach is effective in such a data mining process. The approach is characterized by the use of…

Knowledge acquisition for systems based on knowledge can be called knowledge engineering, according to Feigenbaum (1980) who used the term to describe the reduction of a wide context of knowledge for a set of facts and rules. The term Knowledge…

This report shows how knowledge about the visual world can be built into a shape representation in the form of a descriptive vocabulary making explicit the important geometrical relationships comprising objects' shapes. Two computational tools are offered: (1) Shapestokens are…

This study investigates an approach of knowledge discovery and data mining in insufficient databases. An application of Computational Taxonomy analysis demonstrates that the approach is effective in such a data mining process. The approach is characterized by the use ot…

The design of intelligent agents is a key issue for many applications. Since there is no universally accepted definition of intelligence, the notion of rational agency was proposed by Russell as an alternative for the characterization of intelligent agency.
A…

Expert and novice soccer players (N=140) from five different competition levels (inexperienced, provincial, regional, national and international levels) were examined for differences in procedural knowledge. A video-based test was developed recording four matches of the under-16 Spanish football final play-off.…

This paper presents a knowledge-based approach to facilitate the engineering design
process relating to spacecrafts. Because the design evolves over a long time and typically
involves individuals working at different locations and frequently for different
organizations, the degree of collaboration…