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Formal and real authority in organizations

by Jean Tirole - The Journal of Political Economy , 1997
"... This paper develops a theory of the allocation of formal authority (the right to decide) and real authority (the effective control over decisions) within organizations, and it illustrates how a formally integrated structure can accommodate various degrees of "real" integration. Real author ..."
Abstract - Cited by 856 (24 self) - Add to MetaCart
of formal authority within organizations, the paper examines a number of factors that increase the subordinates ' real authority in a formally integrated structure: overload, lenient rules, urgency of decision, reputation, performance measurement, and multiplicity of superiors. Finally, the amount

Modeling and Forecasting Realized Volatility

by Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, Paul Labys , 2002
"... this paper is built. First, although raw returns are clearly leptokurtic, returns standardized by realized volatilities are approximately Gaussian. Second, although the distributions of realized volatilities are clearly right-skewed, the distributions of the logarithms of realized volatilities are a ..."
Abstract - Cited by 549 (50 self) - Add to MetaCart
-frequency models, we find that our simple Gaussian VAR forecasts generally produce superior forecasts. Furthermore, we show that, given the theoretically motivated and empirically plausible assumption of normally distributed returns conditional on the realized volatilities, the resulting lognormal-normal mixture

Lexical-Functional Grammar: A Formal System for Grammatical Representation

by Ronald M. Kaplan, Joan Bresnan - IN: FORMAL ISSUES IN LEXICAL-FUNCTIONAL GRAMMAR , 1995
"... In learning their native language, children develop a remarkable set of capabilities. They acquire knowledge and skills that enable them to produce and comprehend an indefinite number of novel utterances, and to make quite subtle judgments about certain of their properties. The major goal of psychol ..."
Abstract - Cited by 609 (23 self) - Add to MetaCart
of psycholinguistic research is to devise an explanatory account of the mental operations that underlie these linguistic abilities. In pursuing this goal, we have adopted what we call the Competence Hypothesis as a methodological principle. We assume that an explanatory model of human language performance

Model Checking Programs

by Willem Visser, Klaus Havelund, GUILLAUME BRAT, SEUNGJOON PARK, FLAVIO LERDA , 2003
"... The majority of work carried out in the formal methods community throughout the last three decades has (for good reasons) been devoted to special languages designed to make it easier to experiment with mechanized formal methods such as theorem provers, proof checkers and model checkers. In this pape ..."
Abstract - Cited by 592 (63 self) - Add to MetaCart
The majority of work carried out in the formal methods community throughout the last three decades has (for good reasons) been devoted to special languages designed to make it easier to experiment with mechanized formal methods such as theorem provers, proof checkers and model checkers

Learning in graphical models

by Michael I. Jordan - STATISTICAL SCIENCE , 2004
"... Statistical applications in fields such as bioinformatics, information retrieval, speech processing, image processing and communications often involve large-scale models in which thousands or millions of random variables are linked in complex ways. Graphical models provide a general methodology for ..."
Abstract - Cited by 806 (10 self) - Add to MetaCart
for approaching these problems, and indeed many of the models developed by researchers in these applied fields are instances of the general graphical model formalism. We review some of the basic ideas underlying graphical models, including the algorithmic ideas that allow graphical models to be deployed in large

Coupled hidden Markov models for complex action recognition

by Matthew Brand, Nuria Oliver, Alex Pentland , 1996
"... We present algorithms for coupling and training hidden Markov models (HMMs) to model interacting processes, and demonstrate their superiority to conventional HMMs in a vision task classifying two-handed actions. HMMs are perhaps the most successful framework in perceptual computing for modeling and ..."
Abstract - Cited by 501 (22 self) - Add to MetaCart
We present algorithms for coupling and training hidden Markov models (HMMs) to model interacting processes, and demonstrate their superiority to conventional HMMs in a vision task classifying two-handed actions. HMMs are perhaps the most successful framework in perceptual computing for modeling

Exploiting Generative Models in Discriminative Classifiers

by Tommi Jaakkola, David Haussler - In Advances in Neural Information Processing Systems 11 , 1998
"... Generative probability models such as hidden Markov models provide a principled way of treating missing information and dealing with variable length sequences. On the other hand, discriminative methods such as support vector machines enable us to construct flexible decision boundaries and often resu ..."
Abstract - Cited by 551 (9 self) - Add to MetaCart
result in classification performance superior to that of the model based approaches. An ideal classifier should combine these two complementary approaches. In this paper, we develop a natural way of achieving this combination by deriving kernel functions for use in discriminative methods such as support

Modeling and simulation of genetic regulatory systems: A literature review

by Hidde De Jong - JOURNAL OF COMPUTATIONAL BIOLOGY , 2002
"... In order to understand the functioning of organisms on the molecular level, we need to know which genes are expressed, when and where in the organism, and to which extent. The regulation of gene expression is achieved through genetic regulatory systems structured by networks of interactions between ..."
Abstract - Cited by 738 (14 self) - Add to MetaCart
for the modeling and simulation of genetic regulatory networks will be indispensable. This paper reviews formalisms that have been employed in mathematical biology and bioinformatics to describe genetic regulatory systems, in particular directed graphs, Bayesian networks, Boolean networks and their generalizations

Specification Analysis of Affine Term Structure Models

by Qiang Dai, Kenneth J. Singleton - JOURNAL OF FINANCE , 2000
"... This paper explores the structural differences and relative goodness-of-fits of affine term structure models (ATSMs55). Within the family of ATSMs there is a tradeoff between flexibility in modeling the conditional correlations and volatilities of the risk factors. This trade-off is formalized by ou ..."
Abstract - Cited by 596 (36 self) - Add to MetaCart
This paper explores the structural differences and relative goodness-of-fits of affine term structure models (ATSMs55). Within the family of ATSMs there is a tradeoff between flexibility in modeling the conditional correlations and volatilities of the risk factors. This trade-off is formalized

What is a hidden Markov model?

by Sean R. Eddy , 2004
"... Often, problems in biological sequence analysis are just a matter of putting the right label on each residue. In gene identification, we want to label nucleotides as exons, introns, or intergenic sequence. In sequence alignment, we want to associate residues in a query sequence with ho-mologous resi ..."
Abstract - Cited by 1344 (8 self) - Add to MetaCart
, and a polyadenylation signal. All too often, piling more reality onto a fragile ad hoc program makes it collapse under its own weight. Hidden Markov models (HMMs) are a formal foundation for making probabilistic models of
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