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The Cyclical Behavior of Equilibrium Unemployment and Vacancies

by Robert Shimer - American Economic Review , 2005
"... This paper argues that a broad class of search models cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment ratio is 20 times as volatile as average labor productivity ..."
Abstract - Cited by 871 (23 self) - Add to MetaCart
This paper argues that a broad class of search models cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment ratio is 20 times as volatile as average labor

Optimizing Search Engines using Clickthrough Data

by Thorsten Joachims , 2002
"... This paper presents an approach to automatically optimizing the retrieval quality of search engines using clickthrough data. Intuitively, a good information retrieval system should present relevant documents high in the ranking, with less relevant documents following below. While previous approaches ..."
Abstract - Cited by 1314 (23 self) - Add to MetaCart
This paper presents an approach to automatically optimizing the retrieval quality of search engines using clickthrough data. Intuitively, a good information retrieval system should present relevant documents high in the ranking, with less relevant documents following below. While previous

Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords

by Benjamin Edelman, Michael Ostrovsky, Michael Schwarz - AMERICAN ECONOMIC REVIEW , 2007
"... We investigate the “generalized second-price” (GSP) auction, a new mechanism used by search engines to sell online advertising. Although GSP looks similar to the Vickrey-Clarke-Groves (VCG) mechanism, its properties are very different. Unlike the VCG mechanism, GSP generally does not have an equilib ..."
Abstract - Cited by 555 (18 self) - Add to MetaCart
We investigate the “generalized second-price” (GSP) auction, a new mechanism used by search engines to sell online advertising. Although GSP looks similar to the Vickrey-Clarke-Groves (VCG) mechanism, its properties are very different. Unlike the VCG mechanism, GSP generally does not have

Controlled and automatic human information processing: II. Perceptual learning, automatic attending and a general theory

by Richard M. Shiffrin, Walter Schneider - Psychological Review , 1977
"... The two-process theory of detection, search, and attention presented by Schneider and Shiffrin is tested and extended in a series of experiments. The studies demonstrate the qualitative difference between two modes of information processing: automatic detection and controlled search. They trace the ..."
Abstract - Cited by 845 (12 self) - Add to MetaCart
of categories is shown to improve controlled search performance. A general framework for human information processing is proposed; the framework emphasizes the roles of automatic and controlled processing. The theory is compared to and contrasted with extant models of search and attention.

An Efficient Boosting Algorithm for Combining Preferences

by Raj Dharmarajan Iyer , Jr. , 1999
"... The problem of combining preferences arises in several applications, such as combining the results of different search engines. This work describes an efficient algorithm for combining multiple preferences. We first give a formal framework for the problem. We then describe and analyze a new boosting ..."
Abstract - Cited by 727 (18 self) - Add to MetaCart
The problem of combining preferences arises in several applications, such as combining the results of different search engines. This work describes an efficient algorithm for combining multiple preferences. We first give a formal framework for the problem. We then describe and analyze a new

Probabilistic Visual Learning for Object Representation

by Baback Moghaddam, Alex Pentland , 1996
"... We present an unsupervised technique for visual learning which is based on density estimation in high-dimensional spaces using an eigenspace decomposition. Two types of density estimates are derived for modeling the training data: a multivariate Gaussian (for unimodal distributions) and a Mixture-of ..."
Abstract - Cited by 699 (15 self) - Add to MetaCart
-of-Gaussians model (for multimodal distributions). These probability densities are then used to formulate a maximum-likelihood estimation framework for visual search and target detection for automatic object recognition and coding. Our learning technique is applied to the probabilistic visual modeling, detection

Authoritative Sources in a Hyperlinked Environment

by Jon M. Kleinberg - JOURNAL OF THE ACM , 1999
"... The network structure of a hyperlinked environment can be a rich source of information about the content of the environment, provided we have effective means for understanding it. We develop a set of algorithmic tools for extracting information from the link structures of such environments, and repo ..."
Abstract - Cited by 3632 (12 self) - Add to MetaCart
, and report on experiments that demonstrate their effectiveness in a variety of contexts on the World Wide Web. The central issue we address within our framework is the distillation of broad search topics, through the discovery of “authoritative ” information sources on such topics. We propose and test

View-Based and Modular Eigenspaces for Face Recognition

by Alex Pentland, Baback Moghaddam, Thad Starner - IEEE INTERNATIONAL CONFERENCE ON COMPUTER VISION & PATTERN RECOGNITION , 1994
"... In this work we describe experiments with eigenfaces for recognition and interactive search in a large-scale face database. Accurate visual recognition is demonstrated using a database of o(10^3) faces. The problem of recognition under general viewing orientation is also explained. A view-based mul ..."
Abstract - Cited by 781 (15 self) - Add to MetaCart
In this work we describe experiments with eigenfaces for recognition and interactive search in a large-scale face database. Accurate visual recognition is demonstrated using a database of o(10^3) faces. The problem of recognition under general viewing orientation is also explained. A view

Income and Wealth Heterogeneity in the Macroeconomy,

by Per Krusell , Anthony A Smith Jr , Mark Huggett , Robert Lucas , Víctor Ríos-Rull , Tom Sargent , José Scheinkman , Chris Telmer , Stan Zin - Journal of Political Economy , 1998
"... How do movements in the distribution of income and wealth affect the macroeconomy? We analyze this question using a calibrated version of the stochastic growth model with partially uninsurable idiosyncratic risk and movements in aggregate productivity. Our main finding is that, in the stationary st ..."
Abstract - Cited by 678 (11 self) - Add to MetaCart
stochastic equilibrium, the behavior of the macroeconomic aggregates can be almost perfectly described using only the mean of the wealth distribution. This result is robust to substantial changes in both parameter values and model specification. Our benchmark model, whose only difference from

Convex Analysis

by R. Tyrrell Rockafellar , 1970
"... In this book we aim to present, in a unified framework, a broad spectrum of mathematical theory that has grown in connection with the study of problems of optimization, equilibrium, control, and stability of linear and nonlinear systems. The title Variational Analysis reflects this breadth. For a lo ..."
Abstract - Cited by 5411 (68 self) - Add to MetaCart
In this book we aim to present, in a unified framework, a broad spectrum of mathematical theory that has grown in connection with the study of problems of optimization, equilibrium, control, and stability of linear and nonlinear systems. The title Variational Analysis reflects this breadth. For a
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