Value-at-Risk (VaR) is one of the most widely accepted risk measures in the financial and insurance industries, yet efficient optimization of VaR remains a very difficult problem....
This paper studies the properties of the continuous double auction trading mechanishm using an artificial market populated by heterogeneous computational agents. In particular, we...
In a large-scale information system such as a digital library or the web, a set of distributed caches can improve their effectiveness by coordinating their data placement decisions...
On the basis of detailed analysis of reaction times and neurophysiological data from tasks involving choice, it has been proposed that the brain implements an optimal statistical ...
We consider distributed estimation of a deterministic vector parameter from noisy sensor observations in a wireless sensor network (WSN). The observation noise is assumed uncorrela...