This paper reviews much of the scientific literature on the market for corporate control. The evidence indicates that corporate takeovers generate positive gains, that target firm shareholders benefit, and that bidding firm shareholders do not lose. The gains created by corporate takeovers do

aspect of these vertical linkages – the use of imported inputs in producing goods that are exported – which we call vertical specialization. Using input-output tables from the OECD and emerging market countries we estimate that vertical specialization accounts for up to 30 % of world exports, and has

multiuser information data in a convolutionally coded asynchronous multipath DS-CDMA system. The receiver performs two successive softoutput decisions, achieved by a soft-input soft-output (SISO) multiuser detector and a bank of single-user SISO channel decoders, through an iterative process. At each

We analyze the "query by committee" algorithm, a method for filtering informative queries from a random stream of inputs. We show that if the two-member committee algorithm achieves information gain with positive lower bound, then the prediction error decreases exponentially

perceptron. As the number of queries goes to infinity, the committee algorithm yields asymptotically finite information gain. This leads to generalization error that decreases exponentially with the number of examples. This in marked contrast to learning from randomly chosen inputs, for which the information

Four pairs of connectionist simulations are presented in which quasi-regular mappings are computed using localist and distributed representations. In each simulation, a control parameter termed input gain was modulated over the only level of representation that mapped inputs to outputs. Input gain

We provide an overview of the extensive recent results on the Shannon capacity of single-user and multiuser multiple-input multiple-output (MIMO) channels. Although enormous capacity gains have been predicted for such channels, these predictions are based on somewhat unrealistic assumptions about

This paper presents an overview of recent progress in the area of multiple-input–multiple-output (MIMO) space–time coded wireless systems. After some background on the research leading to the discovery of the enormous potential of MIMO wireless links, we highlight the different classes

The use of space-division multiple access (SDMA) in the downlink of a multiuser multiple-input, multiple-output (MIMO) wireless communications network can provide a substantial gain in system throughput. The challenge in such multiuser systems is designing transmit vectors while considering the co

and quality of the observations govern the performance of this empirical model. By its observational nature data obtained is finite and sampled; typically this sampling is non-uniform and due to the high dimensional nature of the problem the data will form only a sparse distribution in the input space