Are school-of-thought words characterizable?

School of thought analysis is an important yet not-well-elaborated scientific knowledge discovery task. This paper makes the first attempt at this problem. We focus on one aspect of the problem: do characteristic school-of-thought words exist and whether they are characterizable? To answer these questions, we propose a probabilistic generative School-Of-Thought (SOT) model to simulate the scientific authoring process based on several assumptions. SOT defines a school of thought as a distribution of topics and assumes that authors determine the school of thought for each sentence before choosing words to deliver scientific ideas. SOT distinguishes between two types of school-of-thought words for either the general background of a school of thought or the original ideas each paper contributes to its school of thought. Narrative and quantitative experiments show positive and promising results to the questions raised above © 2013 Association for Computational Linguistics. © 2013 Association for Computational Linguistics.

The trading mechanism, cross listed stocks:A comparison of the Paris Bourse and SEAQ-International

This paper studies the behaviour of returns for a sample of cross-listed stocks, listed on both the Paris Bourse and SEAQ-International in London. The aim of the paper is to discover which market adjusts to fundamental news more quickly, the home market of Paris or SEAQ-International. We find that prices in London adjust to changes in their fundamental value more slowly than Paris prices, despite the ability to quickly arbitrage between the two markets. We suggest that this finding may reflect the type of trading, which takes place in the two markets and differences associated with the reporting of large trades. We also estimate the amount of noise present in the two markets and show that the Paris market is more noisy than London. © 2003 Published by Elsevier B.V.