genre or language to another. Perhaps the biggest contribution of this work is in demonstrating that the stochastic method is not the only viable method for part of speech tagging. The fact that a simple rule-based tagger that automatically learns its rules can perform so well should offer encouragement

How effective are “simple” monetary policy rules at stabilizing the economy? This paper explores the characteristics and performance of monetary policy rules designed to minimize fluctuations in inflation, output, and interest rates using the Federal Reserve Board’s large-scale FRB

What is a good monetary policy rule for stabilizing the economy? In this paper, efficient policy rules are computed using the FRB/US large-scale openeconomy macroeconometric model. Simple three-parameter policy rules are found to be very effective at minimizing fluctuations in inflation, output

This paper considers three simple rules-based strategies to improve and maintain financial stability. The first reforms the rules of bankruptcy to handle large financial institutions with a minimum of disruption. The second would focus macro-prudential policy on setting permanent and appropriate

diversity in the workforce. These changes in the landscape are forcing organization leaders to think about organizational sustainability in new and different ways. The purpose of this paper is to describe a concept and process of developing “simple rules ” as a key to establishing the adaptability

to the machine learning community. There are in the literature some indications that very simple rules may achieve surprisingly high accuracy on many datasets. For example, Rendell occasionally remarks that many real world datasets have "few peaks (often just one) " and so are &

To survive in a world where knowledge is limited, time is pressing, and deep thought is often an unattainable luxury, decision-makers must use bounded rationality. In this precis of Simple heuristics that make us smart, we explore fast and frugal heuristics—simple rules for making decisions

in the Volcker-Greenspan period appears to have been much more sensitive to changes in expected in�ation than in the pre-Volcker period. We then compare some of the implications of the estimated rules for the equilibrium properties of in�ation and output, using a simple macroeconomic model, and show

. But for all its mathematical refinement, the research has nevertheless had a direct and significant influence on practice. It was not always thus. Thirty years ago, finance theory was little more than a collection of anecdotes, rules of thumb, and manipulations of accounting data with an almost exclusive

In a recent Physical Review Letters paper, Vicsek et. al. propose a simple but compelling discrete-time model of n autonomous agents fi.e., points or particlesg all moving in the plane with the same speed but with dierent headings. Each agent's heading is updated using a local rule based