infonet-economy

We propose to use neural networks to value options when analytical solutions do not exist. The basic idea of this approach is to approximate the value function of a dynamic program by a neural net, where the selection of the network weights is done via simulated annealing. The main benefits of this method as compared to traditional approximation techniques are that there are no…

In the present paper, relationships between embeddedness, power, control and innovation are examined in the context ofthe telecommunications sector. It is contended that in a tightly embedded, technology-intensive sector, technological and economic control are closeb intertwined. Consequently, the ability to appropriate economic rents is large& based on technological control. In…

Development of the Decision Support System (DSS) used by the National Emergency Operations Centre in Switzerland began immediately after the accident at Chernobyl. The system will evaluate acceptable countermeasures following the accidental release of radioactivity in order to reduce ingestion dose. The DSS - not designed for the very early phase following the accidental release of…

Tone onset and normal tone offset in Nd tasks are formally similar to the S1 and S2 events in a CNV task requiring perceptual discrimination (tone duration) for designated tones. If the Nd thus reflects more than mere stimulus selection, increasing the duration of all tones should lengthen the Nd wave. Eight subjects participated to three Nd tasks, with short tones of 50, 150, and…