Humans and animals make inferences about the world under limited time and knowledge. In contrast, many models of rational inference treat the mind as a Laplacean Demon, equipped with unlimited time, knowledge, and computational might. Following H. Simon's notion of satisncing, the authors

Intentions, an integral part of the mental state of an agent, play an important role in

reprint of the final type-set article, please go through your library’s journal services, or contact the author directly Research on moral judgment has been dominated by rationalist models, in which moral judgment is thought to be caused by moral reasoning. Four reasons are given for considering

This study examines the random waypoint model widely used in the simulation studies of mobile ad hoc networks. Our findings show that this model fails to provide a steady state in that the average nodal speed consistently decreases over time, and therefore should not be directly used for simulation

We show that it is possible to extend hidden Markov models to have a countably infinite number of hidden states. By using the theory of Dirichlet processes we can implicitly integrate out the infinitely many transition parameters, leaving only three hyperparameters which can be learned from data

This paper considers a firm that must issue common stock to raise cash to undertake a valuable investment opportunity. Management is assumed to know more about the firm’s value than potential investors. Investors interpret the firm’s actions rationally. An. equilibrium mode1 of the issue

This article establishes the relationship between the static axiomatic theory of bargaining and the sequential strategic approach to bargaining. We consider two strategic models of alternating offers. The models differ in the source of the incentive of the bargaining parties to reach agreement

of such access controls. Variations of the Bell-LaPadula model are considered. The paper next discusses the Biba integrity model, examining its relationship to the Bell-LaPadula model. The paper then reviews the Chinese Wall policy, which arises in a segment of the commercial sector. It is shown how

of TCP’s fast retransmit mechanism (which is also considered in [6, 7, 10]) but also the effect of TCP’s timeout mechanism on throughput. Our measurements suggest that this latter behavior is important from a modeling perspective, as almost all of our TCP traces contained more timeout events than fast

This paper presents a consistent and arbitrage-free multifactor model of the term structure of interest rates in which yields at selected fixed maturities follow a parametric multivariate Markov diffusion process with “stochastic volatility. ” The yield of any zero-coupon bond is taken to be a