Results 1 - 10 of 69,303

Costly search and mutual fund flows

by Erik R. Sirri, Peter Tufano - Journal of Finance , 1998
"... This paper studies the flows of funds into and out of equity mutual funds. Consumers base their fund purchase decisions on prior performance information, but do so asymmetrically, investing disproportionately more in funds that performed very well the prior period. Search costs seem to be an importa ..."
Abstract - Cited by 523 (5 self) - Add to MetaCart
This paper studies the flows of funds into and out of equity mutual funds. Consumers base their fund purchase decisions on prior performance information, but do so asymmetrically, investing disproportionately more in funds that performed very well the prior period. Search costs seem

Cost-Aware WWW Proxy Caching Algorithms

by Pei Cao, Sandy Irani - IN PROCEEDINGS OF THE 1997 USENIX SYMPOSIUM ON INTERNET TECHNOLOGY AND SYSTEMS , 1997
"... Web caches can not only reduce network traffic and downloading latency, but can also affect the distribution of web traffic over the network through costaware caching. This paper introduces GreedyDualSize, which incorporates locality with cost and size concerns in a simple and non-parameterized fash ..."
Abstract - Cited by 540 (6 self) - Add to MetaCart
-parameterized fashion for high performance. Trace-driven simulations show that with the appropriate cost definition, GreedyDual-Size outperforms existing web cache replacement algorithms in many aspects, including hit ratios, latency reduction and network cost reduction. In addition, GreedyDual-Size can potentially

Agency costs of free cash flow, corporate finance and takeovers

by Michael C. Jensen - American Economic Review , 1986
"... The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory develo ..."
Abstract - Cited by 2311 (11 self) - Add to MetaCart
developed here explains 1) the benefits of debt in reducing agency costs of free cash flows, 2) how debt can substitute for dividends, 3) why “diversification ” programs are more likely to generate losses than takeovers or expansion in the same line of business or liquidation-motivated takeovers, 4) why

Active Messages: a Mechanism for Integrated Communication and Computation

by Thorsten Von Eicken, David E. Culler, Seth Copen Goldstein, Klaus Erik Schauser , 1992
"... The design challenge for large-scale multiprocessors is (1) to minimize communication overhead, (2) allow communication to overlap computation, and (3) coordinate the two without sacrificing processor cost/performance. We show that existing message passing multiprocessors have unnecessarily high com ..."
Abstract - Cited by 1054 (75 self) - Add to MetaCart
The design challenge for large-scale multiprocessors is (1) to minimize communication overhead, (2) allow communication to overlap computation, and (3) coordinate the two without sacrificing processor cost/performance. We show that existing message passing multiprocessors have unnecessarily high

Coda: A Highly Available File System for a Distributed Workstation Environment

by Mahadev Satyanarayanan, James J. Kistler, Puneet Kumar, Maria E. Okasaki, Ellen H. Siegel, David C. Steere - IN IEEE TRANSACTIONS ON COMPUTERS , 1990
"... Coda is a file system for a large-scale distributed computing environment composed of Unix workstations. It provides resiliency to server and network failures through the use of two distinct but complementary mechanisms. One mechanism, server replication,stores copies of a file at multiple servers ..."
Abstract - Cited by 530 (45 self) - Add to MetaCart
, and strives to provide the highest degree of consistency attainable in the light of these objectives. Measurements from a prototype show that the performance cost of providing high availability in Coda is reasonable.

Inflation and Growth

by Robert J. Barro , 1996
"... In recent years, many central banks have placed increased emphasis on price stability. Monetary policy—whether expressed in terms of interest rates or growth of monetary aggregates—has been increasingly geared toward the achievement of low and stable inflation. Central bankers and most other obs ..."
Abstract - Cited by 3577 (23 self) - Add to MetaCart
observers view price stability as a worthy objective because they think that inflation is costly. Some of these costs involve the average rate of inflation, and others relate to the variability and uncertainty of inflation. But the general idea is that businesses and households are thought to perform poorly

Range-Free Localization Schemes for Large Scale Sensor Networks

by Tian He, Chengdu Huang, Brain M. Blum, John A. Stankovic, Tarek Abdelzaher , 2003
"... Wireless Sensor Networks have been proposed for a multitude of location-dependent applications. For such systems, the cost and limitations of hardware on sensing nodes prevent the use of range-based localization schemes that depend on absolute point-to-point distance estimates. Because coarse accura ..."
Abstract - Cited by 525 (8 self) - Add to MetaCart
Wireless Sensor Networks have been proposed for a multitude of location-dependent applications. For such systems, the cost and limitations of hardware on sensing nodes prevent the use of range-based localization schemes that depend on absolute point-to-point distance estimates. Because coarse

End-To-End Arguments In System Design

by Jerome H. Saltzer, David P. Reed, David D. Clark , 1984
"... This paper presents a design principle that helps guide placement of functions among the modules of a distributed computer system. The principle, called the end-to-end argument, suggests that functions placed at low levels of a system may be redundant or of little value when compared with the cost o ..."
Abstract - Cited by 1037 (10 self) - Add to MetaCart
This paper presents a design principle that helps guide placement of functions among the modules of a distributed computer system. The principle, called the end-to-end argument, suggests that functions placed at low levels of a system may be redundant or of little value when compared with the cost

Software pipelining: An effective scheduling technique for VLIW machines

by Monica Lam , 1988
"... This paper shows that software pipelining is an effective and viable scheduling technique for VLIW processors. In software pipelining, iterations of a loop in the source program are continuously initiated at constant intervals, before the preceding iterations complete. The advantage of software pipe ..."
Abstract - Cited by 581 (3 self) - Add to MetaCart
pipelining is that optimal performance can be achieved with compact object code. This paper extends previous results of software pipelining in two ways: First, this paper shows that by using an im-proved algorithm, near-optimal performance can be obtained without specialized hardware. Second, we propose a

How bad is selfish routing?

by Tim Roughgarden, Éva Tardos - JOURNAL OF THE ACM , 2002
"... We consider the problem of routing traffic to optimize the performance of a congested network. We are given a network, a rate of traffic between each pair of nodes, and a latency function for each edge specifying the time needed to traverse the edge given its congestion; the objective is to route t ..."
Abstract - Cited by 657 (27 self) - Add to MetaCart
its traffic on the minimum-latency path available to it, given the network congestion caused by the other users. In general such a “selfishly motivated ” assignment of traffic to paths will not minimize the total latency; hence, this lack of regulation carries the cost of decreased network performance
Results 1 - 10 of 69,303