“…Most of the temporal data models that have appeared in the literature have incorporated valid time as the single temporal dimension. These data models, commonly called valid-time or historical models, and sometimes real-world time, intrinsic time, logical time, or data time models include, among others, the models proposed in [Jones and Mason, 1980, Ben-Zvi, 1982, Clifford and Warren, 1983, Ariav, 1986, Tansel, 1986, Clifford and Croker, 1987, Lorentzos, 1987, Snodgrass, 1987, Gadia, 1988a, Navathe and Ahmed, 1989*cda, 19901. Transaction Time According t o [Jensen et al, 19921, " t h e transaction time of a database fact is the time when the fact is current in the database and may be retrieved." Unlike valid time, transaction time is not under the explicit control of the user.…”