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This book constitutes the thoroughly refereed post-proceedings of the Second International Workshop on Radical Agent Concepts, WRAC 2005, held in Greenbelt, MD, USA in September 2005. The 27 full papers presented are fully revised to incorporate reviewers' comments and discussions at the workshop. Topics addressed are social aspects of agents, agent architectures, autonomic systems, agent communities, and agent intelligence.
Using four Gulf sovereign wealth funds as case studies - Iran, Kuwait, Saudi Arabia and the UAE - this book examines and analyses the history, governance and structure, and investment strategies of the above mentioned funds, in the context of on-going debates about their transparency. The book discusses how most Gulf sovereign wealth funds were established under colonial rule, and have operated in the global financial system for many decades. With the increase of oil revenues, it goes on to look at how the funds have broadened their asset classes and their institutional development. Debate over the transparency of sovereign wealth funds has highlighted various global practices. Recently, org...
"Capital markets have undergone a dramatic transformation in the past two decades. Algorithmic high-speed supercomputing has replaced traditional floor trading and human market makers, while centralized exchanges that once ensured fairness and transparency have fragmented into a dizzying array of competing exchanges and trading platforms. Darkness by Design exposes the unseen perils of market fragmentation and 'dark' markets, some of which are deliberately designed to enable the transfer of wealth from the weak to the powerful. Walter Mattli traces the fall of the traditional exchange model of the NYSE, the world's leading stock market in the twentieth century, showing how it has come to be ...
Dating business cycle turning points is still an important task for economic policy decisions. This study does this for the Austrian economy for the period between 1976 and 2005, using only quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter, and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc determination of the business cycle and a dynamic factor model, taking into account the common variations of Austria, the euro area and the German business cycle movements. The results of both methods are dated by the Bry-Boschan algorithm in order to locate peaks and troughs of the cycle. The results are interpreted and compared to already exiting studies on the euro area and the Austrian business cycle.
This contextual analysis of Islamic financial law challenges our understanding of both Islamic law and global financial markets.
Imagining Europe: Essays on the Past, Present and Future of the European Union examines the EU from a variety of perspectives. The collection begins with the expectation that, despite its challenges, the European Union is here to say, but it also proceeds from the premise that imaginative thinking is necessary to guide the 27 member organization into the future. The book offers nine chapters and a substantive introduction to examine the EU from the point-of-view of a commercial enterprise, the writings of José Ortega y Gasset, immigration and public opinion, its relationship with China, its management of political populism, the American Federalist papers—and more. The first chapter is a summary of the history, structure and processes of the European Union for the convenience of those using this text in the classroom. The last chapter considers this latest chapter of European development, in light of the historical quest for a united Europe. The contributors to the volume are scholars residing in the U.S., Poland, France, Switzerland, the Czech Republic, and Turkey.
Today, international investment law consists of a network of multifaceted, multilayered international treaties that, in one way or another, involve virtually every country of the world. The evolution of this network continues, raising a host of issues regarding international investment law and policy, especially in the area of international investment disputes. This Yearbook monitors current developments in international investment law and policy, focusing (in Part One) on trends in foreign direct investment (FDI), international investment agreements, and investment disputes, with a special look at developments in the oil and gas sector. Part Two, then, looks at central issues in the contemporary discussions on international investment law and policy. With contributions by leading experts in the field, this title provides timely, authoritative information on FDI that can be used by a wide audience, including practitioners, academics, researchers, and policy makers.
This book introduces major agent platforms, frameworks, systems, tools, and applications. Each system is described by their developers in sufficient detail so that the reader can get a good understanding of the architecture, functionality, and application areas of the system. All systems are running systems. One main focus of the book lies on agent platforms and toolkits.
This two-volume set LNCS 4277/4278 constitutes the refereed proceedings of 14 international workshops held as part of OTM 2006 in Montpellier, France in October/November 2006. The 191 revised full papers presented were carefully reviewed and selected from a total of 493 submissions to the workshops. The first volume begins with 26 additional revised short or poster papers of the OTM 2006 main conferences.
Af indhold: Part 1, Motivation for and Introduction to Mobile Agents. Part 2, Mobile Agents - Concepts, Functions, and possible Problems. Part 3, The Kalong Mobility Model - Specification and Implementation. Part 4, The Tracy Mobile Agent Toolkit