Diamonds that are a cut above.

The article looks at how the combination of an expert system and a novel laser-cutting technique could boost the value of rough diamonds. While a diamond may be forever, its value is far from set in stone. It depends on the four C's: carat, cut, colour and clarity. But while the first three can be m...

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Bibliographic Details
Published in:Economist Vol. 375; no. 8430; p. 4
Format: Article
Published: Economist Newspaper Limited 6/11/2005
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Diamonds that are a cut above.
      aug:
      su:
        Diamond cutting
        Diamond industry
        Computer software
        Genetic algorithms
        Expert systems
        Gem cutting
        Jewelry industry
        Gems & precious stones
        Retail industry
        Diamonds
        Holden, Tony
        University of Cambridge. Institute for Manufacturing
        Equipment & supplies
      sug:
        subj:
          Diamond cutting
          Diamond industry
          Computer software
          Genetic algorithms
          Expert systems
          Gem cutting
          Jewelry industry
          Gems & precious stones
          Retail industry
          Diamonds
          Holden, Tony
          University of Cambridge. Institute for Manufacturing
          Equipment & supplies
      ab: The article looks at how the combination of an expert system and a novel laser-cutting technique could boost the value of rough diamonds. While a diamond may be forever, its value is far from set in stone. It depends on the four C's: carat, cut, colour and clarity. But while the first three can be measured objectively, assessing a diamond's clarity involves a certain amount of subjectivity and can leave experts disagreeing about the grade and value of a stone. Now researchers at Cambridge University's Institute for Manufacturing claim to have devised a way to make the grading of diamonds and other precious stones more consistent. Together with his colleague Matee Serearuno, Dr. Tony Holden has developed an optimisation system called iGem. The system uses a set of rules, distilled from the judgments of four diamond experts, to determine the clarity, and hence the grade of each stone. When a stone is identified as a borderline case between two grades, the system uses an optimisation technique, called a genetic algorithm, to explore the different ways in which the stone could be cut to maximise its value.
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    language: English
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