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Financial contagion is modeled as an equilibrium phenomenon in a dynamic setting with incomplete information and multiple banks. The equilibrium probability of bank failure is uniquely determined. We explore how the cross holding of deposits motivated by imperfectly correlated regional liquidity shocks can lead to contagious effects conditional on the(More)
In this paper we look at various issues pertaining the smoothing of consumption in village economies (small agricultural societies). We discuss how consumption smothing is possible despite the lack of enforceability of private contracts. We next discuss how outside institutions may affect the total provision of insurance both directly (via its own policies)(More)
S. Dongaonkar, J. D. Servaites, G. M. Ford, S. Loser, J. Moore, R. M. Gelfand, H. Mohseni, H. W. Hillhouse, R. Agrawal, M. A. Ratner, T. J. Marks, M. S. Lundstrom, and M. A. Alam School of Electrical and Computer Engineering, Purdue University, West Lafayette, Indiana 47907, USA Department of Materials Science and Engineering, Northwestern University,(More)
© 2004 Sigma Xi, The Scientific Research Society. Reproduction with permission only. Contact perms@amsci.org. S after the 1983 discovery of the human immunodeficiency virus (HIV), the pathogen responsible for AIDS, investigators became aware of a strangely similar immune deficiency disease afflicting Asian monkeys (macaques) held in captivity in various(More)
  • Robert K. Toutkoushian, Marcia L. Bellas, Jim Moore
  • 2007
An earlier version of this paper was presented at the annual meetings of the Association for Institutional Research in San Diego in May 2005 and received the Charles F. Elton Award for best paper presented at the 2005 conference. We thank participants at the AIR Forum and three anonymous referees for their comments and suggestions on earlier drafts. We are(More)
Context: An alternative to compression ultrasonography (CUS) examination of the lower extremity to diagnose deep venous thrombosis (DVT) is an equally effective and more cost-effective diagnostic algorithm using pretest clinical probability scoring, plasma D-dimer assay, and CUS. Objective: To implement a DVT diagnostic algorithm in a Kaiser Permanente(More)