If a malicious user wanted to place competing bidders at a disadvantage and improve their odds of winning an auction,
they could, easily. To do so, they’d start by bidding on the item early and at a low price. When/if someone placed a
higher bid, the malicious user would respond not only by bidding slightly higher, but also by running a sustained login
brute force attack against that user’s account. The result: The user would be unable to bid on the item because their
account would be purposely locked by the attacker, since the bidding system is tied to the...
All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every
occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark
owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have
been printed with initial caps.
To deal with the lack of reported information, we propose a novel approach to obtain
the exposure contained in the net position in interest-rate derivatives. We specify a state
space model of a bank’s derivatives trading strategy. We then use Bayesian methods to
estimate the bank’s strategy using the joint distribution of interest rates, bank fair and
notional values as well as bid-ask spreads. Intuitively, the identiﬁcation of the bank’s
strategy relies on whether the net position (per dollar notional) gains or loses in value
over time, together with the history of rates.
Details of partnering are given in Section 1.9. There are two types: ‘term (or full)
partnering’ which covers an intention to carry out a series of projects together
or for a given period; and ‘project-specific partnering’, i.e. co-operation for one
job at a time.
Normally a promoter negotiates a partnering agreement with his consultant
(if he employs one) and a contractor of his own choosing, usually because of
past satisfactory experience of working with him.
Fostering the development of a ubiquitously networked society, connected over high-capacity networks,
is a widely shared goal among both developed and developing countries. High capacity networks are
seen as strategic infrastructure, intended to contribute to high and sustainable economic growth and to
core aspects of human development. In the pursuit of this goal, various countries have, over the past
decade and a half, deployed different strategies, and enjoyed different results.
The text of this report was prepared by a team of authors from ITU’s Strategy and Policy Unit (SPU) led by
Lara Srivastava, comprising Tim Kelly, Chin Yung Lu and Lucy Yu.
The statistical tables were drawn from the ITU Information Society Statistics Database. Kenichi Yamada
assisted with their compilation. The world map of Information Society Statistics was done by Youlia Lozanova.
The cover design is by the ITU Publications Production Division. The report has benefited from the input and
comments of many people to whom we owe our thanks.
In order to clarify the assumptions underlying our empirical strategy, we present a model of wages
as it relates to the decision to obtain an MBA. The decision to obtain an MBA is modelled similarly
to the labor market program participation models discussed in Heckman et al. (1999). The purpose
of the model is to clarify the assumptions under which the ﬁxed eﬀects estimate of the returns
to an MBA can be appropriately interpreted as the treatment on the treated.
Most stock exchanges operate on a "matched bargain" or "order driven" basis. When a buyer's bid price meets a seller's offer price or vice versa, the stock exchange's matching system decides that a deal has been executed. In such a system, there are no designated or official market makers, but market makers nevertheless exist.
The Readymade did not and was not able to address itself to
depiction; its concern is with the object, and so if we were to
classify it within the canonical forms it would be sculpture. But
no-one who has thought about it accepts that a Readymade is
sculpture. Rather it is an object that transcends the traditional
classifications and stands as a model for art as a whole, art as a
historical phenomenon, a logic, and an institution. As Thierry
de Duve has so well demonstrated, this object designates itself
as the abstraction ‘art as such’, the thing that can...
Several steps are being taken by ASEAN
Member Countries in a bid to put forward
a unified and regional voice toward meeting
their commitments to the Convention on
Biological Diversity (CBD), in particular the
implementation of their National Biodiversity
Strategies and Action Plans (NBSAPs),
and for the 9th Meeting of the Conference
of Parties (COP9) in Bonn, Germany this
The work reported here was conducted in the Penn Exchange Simulator (PXS), a
novel stock-trading simulator that takes advantage of electronic crossing networks to
realistically mix agent bids with bids from the real stock market . In preparation
for an open live competition, we developed three parameterizable trading agents and
deﬁned several instantiations of each strategy. We optimized each agent independently,
and then conducted detailed controlled experiments to select the strongest of the three
for entry in the live competition.
Franchise bidders will of course develop and submit their own plans and ideas in their bids, and if
these offer better value for money than the assumptions in the Rolling Stock Strategy, this will put
them in a good position to win franchises. Open access operators are also a further source of supply
and demand for rolling stock.
The principles for the strategy are set out in Appendix 4 to indicate the direction that we believe
needs to be taken and we are intending to develop and refine them further with a view to preparing