  Nested words, a model for recursive programs proposed by Alur and Madhusudan,
have recently gained much interest. In this paper we introduce quantitative
extensions and study nested word series which assign to nested words elements
of a semiring. We show that regular nested word series coincide with series
definable in weighted logics as introduced by Droste and Gastin. For this we
establish a connection between nested words and the free bisemigroup. Applying
our result, we obtain characterizations of algebraic formal power series in
terms of weighted logics. This generalizes results of Lautemann, Schwentick and
Therien on context-free languages.
