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Valuation theory is used constantly in algebraic number theory and field theory, and is currently gaining considerable research interest. Ribenboim fills a unique niche in the literature as he presents one of the first introductions to classical valuation theory in this up-to-date rendering of the authors long-standing experience with the applications of the theory. The presentation is fully up-to-date and will serve as a valuable resource for students and mathematicians.
Valuation theory is used constantly in algebraic number theory and field theory, and is currently gaining considerable research interest. Ribenboim fills a unique niche in the literature as he presents one of the first introductions to classical valuation theory in this up-to-date rendering of the authors long-standing experience with the applications of the theory. The presentation is fully up-to-date and will serve as a valuable resource for students and mathematicians.
With publication of the present volume, The University of Western Ontario Series in Philosophy of Science enters its second phase. The first fourteen volumes in the Series were produced under the managing editorship of Professor James J. Leach, with the cooperation of a local editorial board. Many of these volumes resulted from colloguia and workshops held in con nection with the University of Western Ontario Graduate Programme in Philosophy of Science. Throughout its seven year history, the Series has been devoted to publication of high quality work in philosophy of science con sidered in its widest extent, including work in philosophy of the special sciences and history of the conceptual development of science. In future, this general editorial emphasis will be maintained, and hopefully, broadened to include important works by scholars working outside the local context. Appointment of a new managing editor, together with an expanded editorial board, brings with it the hope of an enlarged international presence for the Series. Serving the publication needs of those working in the various subfields within philosophy of science is a many-faceted operation. Thus in future the Series will continue to produce edited proceedings of worthwhile scholarly meetings and edited collections of seminal background papers. How ever, the publication priorities will shift emphasis to favour production of monographs in the various fields covered by the scope of the Series. THE MANAGING EDITOR vii W. L. Harper, R. Stalnaker, and G. Pearce (eds.), lIs, vii.
This book is the first of two proceedings volumes stemming from the International Conference and Workshop on Valuation Theory held at the University of Saskatchewan (Saskatoon, SK, Canada). Valuation theory arose in the early part of the twentieth century in connection with number theory and has many important applications to geometry and analysis: the classical application to the study of algebraic curves and to Dedekind and Prufer domains; the close connection to the famousresolution of the singularities problem; the study of the absolute Galois group of a field; the connection between ordering, valuations, and quadratic forms over a formally real field; the application to real algebraic geometry; the study of noncommutative rings; etc. The special feature of this book isits focus on current applications of valuation theory to this broad range of topics. Also included is a paper on the history of valuation theory. The book is suitable for graduate students and research mathematicians working in algebra, algebraic geometry, number theory, and mathematical logic.
Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.
In the last years there has been significant progress in the theory of valuations, which in turn has led to important achievements in integral geometry. This book originated from two courses delivered by the authors at the CRM and provides a self-contained introduction to these topics, covering most of the recent advances. The first part, by Semyon Alesker, provides an introduction to the theory of convex valuations with emphasis on recent developments. In particular, it presents the new structures on the space of valuations discovered after Alesker's irreducibility theorem. The newly developed theory of valuations on manifolds is also described. In the second part, Joseph H. G. Fu gives a modern introduction to integral geometry in the sense of Blaschke and Santaló. The approach is new and based on the notions and tools presented in the first part. This original viewpoint not only enlightens the classical integral geometry of euclidean space, but it also allows the computation of kinematic formulas in other geometries, such as hermitian spaces. The book will appeal to graduate students and interested researchers from related fields including convex, stochastic, and differential geometry. ​
Written by two leading workers in the field, this brief but elegant book presents in full detail the simplest proof of the "main conjecture" for cyclotomic fields. Its motivation stems not only from the inherent beauty of the subject, but also from the wider arithmetic interest of these questions. From the reviews: "The text is written in a clear and attractive style, with enough explanation helping the reader orientate in the midst of technical details." --ZENTRALBLATT MATH
The Israeli GAFA seminar (on Geometric Aspect of Functional Analysis) during the years 2002-2003 follows the long tradition of the previous volumes. It reflects the general trends of the theory. Most of the papers deal with different aspects of the Asymptotic Geometric Analysis. In addition the volume contains papers on related aspects of Probability, classical Convexity and also Partial Differential Equations and Banach Algebras. There are also two expository papers on topics which proved to be very much related to the main topic of the seminar. One is Statistical Learning Theory and the other is Models of Statistical Physics. All the papers of this collection are original research papers.
The Curves The Point of View of Max Noether Probably the oldest references to the problem of resolution of singularities are found in Max Noether's works on plane curves [cf. [148], [149]]. And probably the origin of the problem was to have a formula to compute the genus of a plane curve. The genus is the most useful birational invariant of a curve in classical projective geometry. It was long known that, for a plane curve of degree n having l m ordinary singular points with respective multiplicities ri, i E {1, . . . , m}, the genus p of the curve is given by the formula = (n - l)(n - 2) _ ~ "r. (r. _ 1) P 2 2 L. . ,. •• . Of course, the problem now arises: how to compute the genus of a plane curve having some non-ordinary singularities. This leads to the natural question: can we birationally transform any (singular) plane curve into another one having only ordinary singularities? The answer is positive. Let us give a flavor (without proofs) 2 on how Noether did it • To solve the problem, it is enough to consider a special kind of Cremona trans formations, namely quadratic transformations of the projective plane. Let ~ be a linear system of conics with three non-collinear base points r = {Ao, AI, A }, 2 and take a projective frame of the type {Ao, AI, A ; U}.