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This paper presents a institutional framework for the currency basket peg system. After the Asian currency crisis, the needs of seeking adaptive currency system has risen up but the best currency system has not still appeared. In this paper, we propose the model of “the currency basket peg system”. This...

The mean-variance framework for portfolio selection should be revised when investor’s concern is the downside risk. This is especially true when the asset returns are not normal. In this paper, we incorporate value-at-risk (VaR) in portfolio selection and the mean-VaR framework is proposed. Due to the...

Music expresses emotion. However, analyzing the emotion in music by computer is a difficult task. Some work can be found in the literature, but the results are not satisfactory. In this paper, an emotion detection and classification system for pop music is presented. The system extracts feature values...

Objects in the world exhibit complex interactions.When captured in a video sequence, some interactions manifest themselves as occlusions. A visual tracking system must be able to track objects which are partially or even fully occluded. Occlusion is a difficult problem in target tracking, especially...

We are developing an artificial stock market model with investor agents in order to analyze characteristics of a market price. In this paper, we analyze the effects of agent’s reaction rate to technical indicators in a financial market. Intensive experiments have suggested that trend follow investor...

A link in production network is usually a creditor-debtor relationship. If a firm goes into financial insolvency state or bankruptcy, then firms on its upstream can have secondary effect from the bankruptcy. By using the recent 10 years data of bankruptcy in japan, we show that these causes of ``link...

Some approaches such as path indexing, labeling, and numbering scheme have been proposed in order to facilitate query of XML data. The indexes derived by these approaches must be rebuilt if XML data is updated. The method LSDX (Labeling Scheme for Dynamic XML data) can dynamically add new labels without...

Image up-sampling is found to be a very effective technique useful in today’s digital image processing applications or rendering devices. In image up-sampling, an image is enhanced from a lower resolution to a higher resolution with the degree of enhancement depending upon application requirements. It...

Mobile agents (MA) needs to migrate to several host to accomplish its task .Migration strategy is responsible for planning out an optimal migration path ,which ensures mobile agent to complete its task correctly and efficiently at the minimum cost .This paper describe the strategy adopted by a mobile...

It is a challenge area in the field of ad hoc networks to support prioritized routing for time sensitive applications, such as multimedia communications, IP telephony and interactive games. However the existing protocols did not consider the special battery discharging behavior of wireless devices. The...

Mobile Ad Hoc network (MANET) is a collection of mobile nodes connected through a wireless link resulting in formation of temporary network without any assistance from existing infrastructure or any kind of centralized administration. The performance of an Ad Hoc network depends on the kind of routing...

Switching system implies data transmission between two communicating entities. This transmission can be either via trunks or it can be completely wireless, technically termed as Telephone Switching and Mobile switching, respectively. We report the implementation of a switching system using very high...

Low-Energy Adaptive Clustering Hierarchy (LEACH) is one of the most popular distributed cluster-based routing protocols in wireless sensor networks. Clustering algorithm of the LEACH is simple but offers no guarantee about even distribution of cluster heads over the network. LEACH doesn’t ensure even...

With the advancement of networking technology it is anticipated to have Internet like functionality in tactical network. However, unlike commercial network the tactical networks operate under severe environment and resources constraints. Moreover, the MANET architecture and shared resources of wireless...