The factors that affect the supply of entrepreneurs are important but poorly understood. We study a sample of individuals who choose either to be employees or to run their own businesses. Four

We introduce a greedy local search procedure called GSAT for solving propositional satisfiability problems. Our experiments show that this procedure can be used to solve hard, randomly generated problems that are an order of magnitude larger than those that can be handled by more traditional

This paper surveys locally weighted learning, a form of lazy learning and memorybased learning, and focuses on locally weighted linear regression. The survey discusses distance functions, smoothing parameters, weighting functions, local model structures, regularization of the estimates and bias

We present randomized approximation algorithms for the maximum cut (MAX CUT) and maximum 2-satisfiability (MAX 2SAT) problems that always deliver solutions of expected value at least .87856 times the optimal value. These algorithms use a simple and elegant technique that randomly rounds

This paper reviews recent research that grapples with the question: What happens after an exogenous shock to monetary policy? We argue that this question is interesting because it lies at the center of a particular approach to assessing the empirical plausibility of structural economic models

for economists to consider happiness. The first is economic policy. At the micro-level, it is often impossible to make a Pareto-optimal proposal, because a social action entails costs for some individuals. Hence an evaluation of the net effects, in terms of individual utilities, is needed. On an aggregate level

The OWL Web Ontology Language is a new formal language for representing ontologies in the Semantic Web. OWL has features from several families of representation languages, including primarily Description Logics and frames. OWL also shares many characteristics with RDF, the W3C base of the Semantic Web. In this paper we discuss how the philosophy and features of OWL can be traced back to these older formalisms, with modifications driven by several other constraints on OWL. Several interesting problems...

We develop a connectionist approach to processing in quasi-regular domains, as exemplified by English word reading. A consideration of the shortcomings of a previous implementation (Seidenberg & McClelland, 1989, Psych. Rev.) in reading nonwords leads to the development of orthographic and phonological representations that capture better the relevant structure among the written and spoken forms of words. In a number of simulation experiments, networks using the new representations learn to read both regular and exception words, including low-frequency exception words, and yet are still able to read pronounceable nonwords as well as skilled readers. A mathematical analysis of the effects of word frequency and spelling-sound consistency in a related but simpler system serves to clarify the close relationship of these factors in influencing naming latencies. These insights are verified in subsequent simulations, including an attractor network that reproduces the naming latency data directly in its time to settle on a response. Further analyses of the network's ability to reproduce data on impaired reading in surface dyslexia support a view of the reading system that incorporates a graded division-of-labor between semantic and phonological processes. Such a view is consistent with the more general Seidenberg and McClelland framework and has some similarities with---but also important differences from---the standard dual-route account.

Social scientists rarely take full advantage of the information available in their statistical results. As a consequence, they miss opportunities to present quantities that are of greatest substantive interest for their research and express the appropriate degree of certainty about these quantities. In this article, we offer an approach, built on the technique of statistical simulation, to extract the currently overlooked information from any statistical method and to interpret and present it in a reader-friendly manner. Using this technique requires some expertise,

algorithmic and computational results developed for SVM light V2.0, which make large-scale SVM training more practical. The results give guidelines for the application of SVMs to large domains.