their expectations accordingly. Because the policymaker has the power to create inflation shocks ex post, the equilibrium growth rates of money and prices turn out to be higher than otherwise. Therefore, enforced commitments (rules) for monetary behavior can improve matters. Given the repeated interaction between

are both permeable and flexible. The complex interactions of time and uncertainty guarantee intellectual challenge and intrinsic excitement to the study of financial economics. Indeed, the mathematics of the subject contain some of the most interesting applications of probability and optimization theory

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

their own course. Each simulated bird is implemented as an independent actor that navigates according to its local perception of the dynamic environment, the laws of simulated physics that rule its motion, and a set of behaviors programmed into it by the "animator." The aggregate motion

The Ponder language provides a common means of specifying security policies that map onto various access control implementation mechanisms for firewalls, operating systems, databases and Java. It supports obligation policies that are event triggered conditionaction rules for policy based management

for unskilled labor is less well developed. In this paper, we apply an understanding of what computers do – the execution of procedural or rules-based logic – to develop a simple model of how the widespread adoption of computers in the workplace might alter workplace skill demands. An essential contention

Isabelle [28, 30] is an interactive theorem prover that supports a variety of logics. It represents rules as propositions (not as functions) and builds proofs by combining rules. These operations constitute a meta-logic (or `logical framework') in which the object-logics are formalized

comprehensive analysis of the first two algorithms is provided. We demonstrate the first algorithm embodies all three rules of Reynolds. This is a formal approach to extraction of interaction rules that lead to the emergence of collective behavior. We show that the first algorithm generically leads to regular

;actor-critic" or policy-iteration architectures (e.g., Policy Gradient Theorem We consider the standard reinforcement learning framework (see, e.g., Sutton and Barto, 1998), in which a learning agent interacts with a Markov decision process (MDP). The state, action, and reward at each time t ∈ {0, 1, 2

Motivation: Our goal is to construct a model for genetic regulatory networks such that the model class: (i ) incorporates rule-based dependencies between genes; (ii ) allows the systematic study of global network dynamics; (iii ) is able to cope with uncertainty, both in the data and the model