This paper formulates a general theory of decision making based on a lattice of observable events, and it exhibits a large class of representations called the general model. Some of the representations are equivalent to the so called standard model in which observable events are modelled by algebra of measurable...
A benchmarking procedure ranks real-valued acts by the probability that they outperform a benchmark which may itself be a random variable; that is, an act f is evaluated by means of the functional Vf = Pf. Expected utility is a special case of benchmarking procedure, where the acts and the...
A 13-year-old boy was playing basketball when he had a severe headache and collapsed. He was transferred to the closest hospital. A head CT scan and MRI] showed intraventricular and intraparenchymal hemorrhage. The boy was then transferred to The Methodist Hospital in Houston, Texas for further diagnosis and treatment. The...
In this paper, a notion of risk measure is defined for dynamic models. Three axioms, coherence, relevance and dynamic consistence, are postulated. It is shown that every dynamic risk measure that satisfies the axioms can be represented as the maximal expected present value of future losses where expectations are taken...
Perhaps the most fundamental axiom of modern economic science is that there is no such thing as a free lunch. It is this axiom that gives us the concept of opportunity cost, an idea that has led to enormous gains in the clarity of our understanding of individual and societal...
This paper defines the premium of a put option on the firm as a measure of insolvency risk. The put premium is not a coherent risk measure as defined by Artzner, Delbaen, Eber and Heath [1999]. It satisfies all the axioms for a coherent risk measure except one, the translation...
Companies Collaborate to Enable High-Volume Manufacturing of VCI's 3D Vertical Interconnect Solutions SCOTTS VALLEY, Calif. -- Vertical Circuits, Inc.VCI, a leading supplier of advanced 3D die-level interconnect solutions, today announced its recognition of Asymtek, a Nordson company (Nasdaq:NDSN) and leader in dispensing, coating and jetting technologies, as a...
Application-Aware Storage System Now Certified for VMware ESX 3.5 and ESXi 3.5 SAN JOSE, Calif. -- As a member of the VMware Technology Alliance Partner Program, Pillar Data Systems, a leading provider of Application-Aware Storage Systems, today announced compatibility of its Application-Aware Axiom with virtualized VMware environments. The...
Pillar Guarantees Greater Utilization, Availability and Performance with Introduction of Pillar Axiom 600[TM], Pillar Axiom 600MC[TM] SAN JOSE, Calif. -- Pillar Data Systems, the leading provider of Application-Aware storage systems, today introduced the Axiom 600[TM] and Pillar Axiom 600MC Mission Critical, with new application profiles, industry-leading utilization, performance,...
SYRACUSE, N.Y. -- You've heard it a thousand times: Money doesn't buy happiness. Yet in spite of this axiom, people throughout history have tried mightily to accumulate riches. Are we suffering from some sort of collective delusion, or is it possible that money truly does buy happiness? ...
TAMPA, Fla. -- Axiom Worldwide continues their commitment to being a leader in the field of non-surgical pain relief. On December 27, 2007 the United States Patent Office published Axiom's fifth patent application. This application is for a method of generating electrical stimulation waveforms as a therapeutic modality. This proposed...
Tilera Corporation, developer of thebreakthrough TILETM family of high-performance processors for theembedded market, today announced that it has appointed industry veteranBill Sweeney as vice president of Worldwide Sales. Sweeney, who waspreviously vice president of Worldwide Sales at Axiom Microdevices, willreport directly to Omid Tahernia, president and CEO of Tilera Corporation....
Axiom Management Inc. (PINKSHEETS: AXMA), a full-service staff recruitment, fulfillment, and human resourcesmanagement company, today announced it has signed a new contract Agreementwith Canoga Auto Sales with a value of $2M in revenues on an annual runrate. On Wednesday, June 18th, Axiom announced that it had signed a newcontract with...
Conventional wisdom is that incumbent state legislators easily raise more money than challengers, thanks to special interests. That longtime axiom is eroding this year -- as one of every four challengers is now actually outraising incumbents. Among those being outraised are the only two incumbent legislators facing...
Axiom Management Inc. (PINKSHEETS: AXMA), a full-service staffrecruitment , fulfillment, and human resources management company, today announced ithas signed a new contract Agreement with a premier Los Angeles ConstructionCompany. This account will add in excess of $10M of new revenues and over350 employees into Axiom Management Inc....
New Whitepapers Outline How Motorola and Senior Lifestyle Corporation Realized Significant Cost Savings Using the AXIOM Online Solution NEW YORK -- American Express Business Travel, a global industry leader in business travel management, today released two whitepapers demonstrating how customers can reduce indirect spending by purchasing an expanded...
IRVINE, Calif. -- MMFX Technologies Corporation, an Irvine-based materials science company that, among other things, uses nanotechnology to manufacture high-strength, corrosion-resistant steel, has received a $55 million commitment in secured debt financing. Axiom Capital Management Inc. acted as the procuring agent for the transaction. MMFX has received $27...
Axiom's Storied, Award-Winning M3 Units Now Available in Silver Tread-Patterned Cabinets Suitable for Any Man Cave, Enabling Guys to Enjoy the Tunes They Crave Most DWIGHT, Ontario -- What's more overflowing with testosterone than a garage workshop? And what finishes off a workshop better than awesome speakers dealing...
WASHINGTON -- An axiom. When voters watch a presumptive presidential nominee considering this or that running mate, they think: What if the president dies? When the presumptive nominee considers this or that running mate, he thinks: What if I live? Which brings us to the dotty idea...
Axiom Management Inc. (PINKSHEETS: AXMA) CEO James Clapp announced today that the Company is hitting its goalsfor calendar year 2008 by increasing its bottom line numbers. Mr. Clappstated, "We are growing internally with our current list of customers HuffyBicycles, FAMSA, and La Victoria, to list a few. "Axiom has...
