A model of deposit insurance in which the bank closure rule can systematically deviate from the economic insolvency condition used in earlier models is developed. Simulation of that model for plausible parameter values suggests that the failure to close banks on a timely basis has a profound effect in increasing the insurer's liability. The implications of these results for capital regulation are discussed.
We critically revisit the various attempts to prove one-eighth law in two-dimensional (2D) turbulence and reconcile them. Herein, the one-eighth law has been proved for Nike Free 3.0 V4
unforced 2D incompressible high Reynolds number turbulence. An exact expression of the time derivative of two-point second order velocity correlation function is also derived for the enstrophy cascade dominated regime.
An automated flow-injection system with a computer-controlled sample Nike Free Run 2
changer, injection device and digital photometer is described, for use with an Apple II. The software is understandable, flexible and easily adaptable to different computers provided with the programming language FORTH.
A model for neural network is presented in which the steady state firing frequency of a neuron is related to the amount of feedback in the network. One such network is shown to compute the square root function of the input to the network.