“Abacus was the first counting device, which is originally made from Asia. It worked on a place-value notion meaning that the place of a bead or rock on the apparatus determined how much it was worth. During the 1660s, John Napier discovered logarithms. Robert Bissaker invented the slide rule which will remain in popular use until 19th century. During 1642, Blaise Pascal, a French mathematician and philosopher, invented the first mechanical digital calculator using gears, called the Pascaline. Although
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The Maritime Strategy of China in the Asia-Pacific Region Origins, Development and Impact HUANG, AN-HAO Submitted in total fulfilment of the requirements of the degree of Doctor of Philosophy August 2009 School of Social and Political Sciences Faculty of Arts The University of Melbourne Produced on archival quality paper ABSTRACT This thesis aims to examine how and why a continental-oriented China has shifted its maritime strategic orientation and naval force structure from its
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forecasting are both important, however, existing literature has dealt more closely with the performance of volatility models – only very recently has the issue of correlation estimation and forecasting begun to receive extensive investigation and analysis. The goal of this paper is to extend research that has been undertaken regarding the forecasting ability of one specific correlation model, the Dynamic
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Ivan Moscati How cardinal utility entered economic analysis during the Ordinal Revolution 2012/5 UNIVERSITÀ DELL'INSUBRIA FACOLTÀ DI ECONOMIA http://eco.uninsubria.it In questi quaderni vengono pubblicati i lavori dei docenti della Facoltà di Economia dell’Università dell’Insubria. La pubblicazione di contributi di altri studiosi, che abbiano un rapporto didattico o scientifico stabile con la Facoltà, può essere proposta da un professore della Facoltà, dopo che il contributo sia stato
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A Direct Test of the Theory of Comparative Advantage: The Case of Japan Author(s): Daniel M. Bernhofen and John C. Brown Reviewed work(s): Source: Journal of Political Economy, Vol. 112, No. 1 (February 2004), pp. 48-67 Published by: The University of Chicago Press Stable URL: http://www.jstor.org/stable/10.1086/379944 . Accessed: 10/02/2012 10:27 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms
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Pain and Pleasure:An Evidential for Theists Problem PAUL DRAPER FLORIDA INTERNATIONAL UNIVERSITY I. THE NATURE OF THE PROBLEM I will argue in this paper that our knowledge about pain and pleasure creates an epistemic problem for theists. The problem is not that some proposition about pain and pleasure can be shown to be both true and logically inconsistent with theism. Rather, the problem is evidential. A statement reporting the observations and testimony upon which our knowledge about pain and
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1 EFFICIENT MARKETS HYPOTHESIS Andrew W. Lo To appear in L. Blume and S. Durlauf, The New Palgrave: A Dictionary of Economics, Second Edition, 2007. New York: Palgrave McMillan. The efficient markets hypothesis (EMH) maintains that market prices fully reflect all available information. Developed independently by Paul A. Samuelson and Eugene F. Fama in the 1960s, this idea has been applied extensively to theoretical models and empirical studies of financial securities prices, generating considerable
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In light of this statement, ongoing U.S. policy and its likely persistence an examination and understanding of the democracy peace proposition is clearly with merit. This essay will look at the democratic peace proposition at a several levels of analysis: at the monadic level of interstate war on whether democracies generally are more peaceful and whether transitional democracies are more inclined to war; and at the intrastate level as to whether democracies experience more or less civil war. It
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With total revenue and comp sales down again in the first quarter of 2010, Borders Group's two top executives discussed way to improve the chain's profitability (loss in the quarter was reduced to .1 million, from .0 million) and its digital strategy, in a conference call last Thursday. CFO Mark Bierley said Borders will look to maximize the profitability of its stores by "aggressively" pursuing lease buyouts of underperforming outlets; it had 680 stores at the end of the first quarter. Borders will
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presentation at the American Finance Association Annual Meetings in New Orleans, January, 2001. I especially thank the editor, George Constantinides, for valuable comments and suggestions. I also thank Franklin Allen, the discussant, Nicholas Barberis, Robert Bloomfield,
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