This paper introduces an order-driven market with heterogeneous investors, who submit limit or market orders according to their own trading rules. The trading rules are repeatedly updated via simple learning and adaptation of the investors. We analyze markets with and without learning and adaptation. The simulation results show that our model with learning and adaptation successfully replicates...

We explore a novel approach to higher-order program analysis that brings ideas of on-demand lookup from first-order CFL-reachability program analyses to higher-order programs. The analysis needs to produce only a control-flow graph; it can derive all other information including values of variables directly from the graph. Several challenges had to be overcome, including how to build the control...

While filaments are generally interpreted as a dynamic balance between Kerr focusing and plasma defocusing, the role of the higher-order Kerr effect (HOKE) is actively debated as a potentially dominant defocusing contribution to filament stabilization. In a pump-probe experiment supported by numerical simulations, we demonstrate the transition between two distinct filamentation regimes at 800 n...

Zone Routing Protocol (ZRP) is a most promising and widely accepted and well proved hybrid routing protocol in Mobile Ad-hoc Networks (MANETs) for its performance when compared with table-driven and on-demand protocols. Our study is based on using the concept of genetic algorithms to provide a set of available paths to the destination in order to load balance the network. This gives us the redu...

Architecture, components and reuse form the key elements to build a large variety of complex, high-quality products with a short lead-time. But the balance between an architecture-driven and a component-driven approach is influenced by the scope of the product line and the characteristics of the development organization. This paper discusses that balance and claims that a paradigm shift from va...

Architecture, components and reuse form the key elements to build a large variety of complex, high-quality products with a short lead-time. But the balance between an architecture-driven and a component-driven approach is influenced by the scope of the product line and the characteristics of the development organization. This paper discusses this balance and claims that a paradigm shift from va...