The World Wide Web has succeeded in large part because its software architecture has been designed to meet the needs of an Internet-scale distributed hypermedia system. The modern Web architecture emphasizes scalability of component interactions, generality of interfaces, independent deployment

Analysis and modelling

this paper are those of the author and not necessarily those of the Actuarial Studies and Demography Department. AN OLD TOOL - MODERN APPLICATIONS

It is not uncommon in the arrangement of a loan to include as part of the financial package a guarantee of the loan by a third party. Examples are guarantees by a parent company of loans made to its subsidiaries or government guarantees of loans made to private corporations. Also included would be guarantees of bank deposits by the Federal Deposit Insurance Corporation. As with other forms of insurance, the issuing of a guarantee imposes a liability or cost on the guarantor. In this paper, a formula is derived to evaluate this cost. The method used is to demonstrate an isomorphic correspondence between loan guarantees and common stock put options, and then to use the well developed theory of option pricing to derive the formula. 1.

This paper considers a number of selection schemes commonly used in modern genetic algorithms. Specifically, proportionate reproduction, ranking selection, tournament selection, and Genitor (or «steady state") selection are compared on the basis of solutions to deterministic difference

architecture. In order to identify those aspects of the Web that needed improvement and avoid undesirable modifications, a model for the modern Web architecture was needed to guide its design, definition, and deployment. Software architecture research investigates methods for determining how best to partition

The sphere of modern financial economics encompases finance, micro investment theory and much of the economics of uncertainty. As is evident from its influence on other branches of economics including public finance, industrial organization and monetary theory, the boundaries of this sphere

very good performance in comparison to other multiobjective evolutionary algorithms, and therefore it has been a point of reference in various recent investigations, e.g., (Corne, Knowles, and Oates 2000). Furthermore, it has been used in different applications, e.g., (Lahanas, Milickovic, Baltas

Ptolemy is an environment for simulation and prototyping of heterogeneous systems. It uses modern object-oriented software technology (C++) to model each subsystem in a natural and efficient manner, and to integrate these subsystems into a whole. Ptolemy encompasses practically all aspects

. There is a fundamental mismatch between the original design assumptions underlying the resource management mechanisms of current general-purpose operating systems, and the behavior of modern server applications. In particular, the operating system’s notions of protection domain and resource principal