16124528
Understanding evolution in technology ecosystems
Poly(arylene ketones) are prepared by the reaction of difunctional aromatic compounds with derivatives of thio- or dithiocarbonic acids in the presence of a superacid catalyst system. In a preferred embodiment, diphenyl ether reacts with S-methyl chlorothioformate in HF/BF3 to produce poly(p-phenyleneoxy-p-phenylene carbonyl), i.e. a polymer having the repeating unit
7914809
Predicting Bidders' Willingness to Pay in Online Multiunit Ascending Auctions: Analytical and Empirical Insights
We develop a real-time estimation approach to predict bidders' maximum willingness to pay in a multiunit ascending uniform-price and discriminatory-price (Yankee) online auction. Our two-stage approach begins with a bidder classification step, which is followed by an analytical prediction model. The classification model identifies bidders as either adopting a myopic best-response (MBR) bidding strategy or a non-MBR strategy. We then use a generalized bid-inversion function to estimate the willingness to pay for MBR bidders. We empirically validate our two-stage approach using data from two popular online auction sites. Our joint classification-and-prediction approach outperforms two other naive prediction strategies that draw random valuations between a bidder's current bid and the known market upper bound. Our prediction results indicate that, on average, our estimates are within 2% of bidders' revealed willingness to pay for Yankee and uniform-price multiunit auctions. We discuss how our results can facilitate mechanism-design changes such as dynamic-bid increments and dynamic buy-it-now prices.
17233820
IT-enabled transparent electronic markets: the case of the air travel industry
The electronic market hypothesis predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-based forms of economic activity. While academic researchers and practitioners have witnessed these shifts with the advent of the Internet, there is little understanding about the process and the underlying forces that drive them. In this paper, we provide an in-depth analysis of the air travel industry, which has recently experienced significant IT-driven transformations. We conclude that, together with IT, pro-competitive laws and the information-intensive nature of air travel products have triggered competition for consumers with transparent market mechanisms, which is leading to the emergence of more transparent electronic markets in the air travel industry.
57631
Insights and analyses of online auctions
166893960
Priority pricing of integrated services networks
30721210
Economic analysis of consumer purchase intentions in electronic and traditional retail channels: competitive and strategic implications
We develop a multiattribute economic model to analyze consumer behavior for traditional and electronic channels based on consumers' risk profiles and risk-neutral or risk-averse. We then conduct comparative analyses of consumer purchase decisions to derive strategies for different channels. We study the attitudinal and economic factors that lead to specific purchase decisions under different combinations of price, delivery time, and product customization. We develop theoretical propositions concerning consumer channel switching behavior, incentives to consumers, and pricing strategies for different channels. We also use simulations to gain insights for cases where analytical model becomes intractable.
14748622
Power Efficient Algorithms for Computing Fast Fourier Transform over Wireless Sensor Networks
Collaborative signal processing is one of the most promising applications that are currently being investigated for sensor networks. In this paper, we use FFT computation as a vehicle to highlight the issues involved in realizing distributed computations over sensor networks that have global and local communication and synchronization characteristics. We present a power efficient algorithm for computing 1-D Fast Fourier Transform (FFT) over single and multi-hop wireless sensor networks. The proposed algorithm reduces the number of transmissions, eliminates typical redundant computations in a distributed FFT algorithm and uniformly maps complex multiplications over all the sensors nodes by introducing an extra bit-complement permutation stage after first (log2N)/2 iterations. We show that the proposed algorithm improves energy consumption by 36% on the average on multi-hop sensor networks. This saving in energy consumption significantly improves the battery life of the sensor nodes thereby increasing lifetime of the sensor network.
31511581
Mutual Exclusion on a Hypercube
Abstract We present a decentralized, symmetric mutual exclusion algorithm that is tailored to the hypercube architecture. Our algorithm has better time complexity than a suitable hypercube adaptation of Maekawa′s O(√N) Mutual Exclusion algorithm. We show that, in the presence of contention, our algorithm has a shorter Blocking Delay than Maekawa′s algorithm. In the absence of contention, our algorithm achieves optimal Round-trip Delay under both the n-port and the one-port communication models.
17940272
Segmentation versus object representation—are they separable?
When vision is used for moving through the environment, for manipulating or for recognizing objects, it has to simplify the visual input to the level that is required for the specific task. To simplify means to partition images into entities that correspond to individual regions, objects and parts in the real world and to describe those entities only in detail sufficient for performing a required task. For visual discrimination, shape is probably the most important property. After all, line drawings of scenes and objects are usually sufficient for description and subsequent recognition. In computer vision literature this partitioning of images and description of individual parts is called segmentation and shape representation. Segmentation and shape representation appear to be distinct problems and are treated as such in most computer vision systems. In this paper we try to disperse this notion and show that there is no clear division between segmentation and shape representation. Solving any one of those two problems separately is very difficult. On the other hand, if any one of the two problems is solved first, the other one becomes much easier. For example, if the image is correctly divided into parts, the subsequent shape description of those parts gets easier. The opposite is also true when the shapes of parts are known, the partitioning of the image gets simpler.
3094106
LIPTUS: associating structured and unstructured information in a banking environment
Growing competition has made today's banks understand the value of knowing their customers better. In this paper, we describe a tool, LIPTUS, that associates the customer interactions (emails and transcribed phone calls) with customer and account profiles stored in an existing data warehouse. The associations discovered by LIPTUS enable analytics spanning the customer and account profiles on one hand and the meta-data associated or derived from the interaction (using text mining techniques) on the other. We illustrate the value derived from this consolidated analysis through specific customer intelligence applications. LIPTUS is today being extensively used in a large bank in India. A highlight of this paper is a discussion of the technical challenges encountered while building LIPTUS and deploying it on real-life customer data.
5989555
Enhanced Business Intelligence using EROCS
The EROCS technology automatically links unstructured data with relevant structured data from an external relational database. We demonstrate how EROCS can be used for enhancing business intelligence by allowing OLAP tools to analyze structured and unstructured data in a consolidated manner. Our demonstration showcases the use of EROCS in exploiting latent information in customer emails, which helps in building a complete view of the customer. This results in new insights about the business which are not possible with the existing state of the art.