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The paper derives a general form of the term structure of interest rates. The following assumptions are made: (A.l) The instantaneous (spot) interest rate follows a diffusion process; (A.2) the price of a discount bond depends only on the spot rate over its term; and (A.3) the market is efficient

Multi-robot formations;Multi-robot Systems;Teamwork

We present new lowest energy configurations for several large benchmark problems for the two-dimensional hydrophobichydrophilic model. We found these solutions with a generic implementation of tabu search using an apparently novel set of transformations that we call pull moves. Our experiments show that our algorithm can find these best solutions in 3 to 14 hours, on average. Pull moves appear quite effective and may also be useful for other local search algorithms for the problem. Additionally, we prove that pull moves are complete; that is, any pair of valid configurations are mutually reachable through a sequence of pull moves. Our implementation was developed with the Human-Guided Search (HuGS) middleware, which allows rapid development of interactive optimization systems. Categories and Subject Descriptors

. Ross This paper uses an intertemporal general equilibrium asset pricing model to study the term structure of interest rates. In this model, anticipations, risk aversion, investment alternatives, and preferences about the timing of consumption all play a role in determining bond prices. Many

This paper describes the general approach nestor – the German “Network of Expertise in Long-Term Storage of Digital Resources ” has taken in order to design a criteria catalogue for the self-assessment of trusted digital repositories used for long term preservation issues. Further developments

still allow syntax directed type checking. An additional optimization that is used in some proof and type systems is to take advantage of the context of occurrence of terms to further elide type information using bidirectional type checking rules. While this technique is generally effective, we show

Though few consumers read online Terms & Conditions (aka click-wrap agreements), most sign the agreements anyway. By signing, consumers expose themselves to legal, financial and privacy risks. To mitigate these risks, the CommonTerms project has proposed a preview format for online Terms &

) systems in terms of the articulacy and open-ended flexibility of the models learned, and hence control over the distribution of instances generated. Innovations include a novel tree representation and a generalized program evaluation scheme.

Performance of Generalized Selection Combining (GSC) receivers channels mainly in terms of switching rate with nonidentical branches has been studied in Rician fading and the graphical results obtained using Mat-lab after implementing the derived switching rate expression for Rician are compared