In this paper we study both market risks and non-market risks, without complete markets assumption, and discuss methods of measurement of these risks. We present and justify a set of four desirable properties for measures of risk, and call the measures satisfying these properties "coherent

It is proposed that motivation may affect reasoning through reliance on a biased set of cognitive processes—that is, strategies for accessing, constructing, and evaluating beliefs. The motivation to be accurate enhances use of those beliefs and strategies that are considered most appropriate

Distinctions have been proposed between systems of reasoning for centuries. This article distills properties shared by many of these distinctions and characterizes the resulting systems in light of recent findings and theoretical developments. One system is associative because its computations

An architecture for a rational agent must allow for means-end reasoning, for the weighing of competing alternatives, and for interactions between these two forms of reasoning. Such an architecture must also address the problem of resource boundedness. We sketch a solution of the first problem

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reasonable coherence with current consumption expenditures and most importantly, works as well, or better, than traditional expenditure based measures in predicting enrollment status. When the asset index is applied to the Indian data the results show large, and variable, wealth gaps in the enrollment

-accessible ag variables, and for some other processor to terminate the spin with a single remote write operation at an appropriate time. Flag variables may be locally-accessible as a result of coherent caching, or by virtue of allocation in the local portion of physically distributed shared memory. We present a

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

Objects move, collide, flow, bend, heat up, cool down, stretch, compress. and boil. These and other things that cause changes in objects over time are intuitively characterized as processes. To understand commonsense physical reasoning and make programs that interact with the physical world as well

that require on the order of 100 seconds to render typical data sets on a workstation. Algorithms with optimizations that exploit coherence in the data have reduced rendering times to the range of ten seconds but are still not fast enough for interactive visualization applications. In this thesis we present a