Capital requirement and financial stability

2018 ◽  
Author(s):  
◽  
Xingpeng Wei

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] This dissertation consists of two chapters. In the first chapter, I examine the tradeoff between bank competition and financial stability resulting from the capital requirement when an unexpected bank run may happen. Built on the framework of Diamond-Dybvig, the model shows that a higher capital requirement tightens banks' capacity for taking deposits, thus reducing the intensity of competition between banks and at the same time improving financial stability. However, the total effect of capital requirement on welfare is not monotone. The second chapter extends the work of the first chapter and shows that in an environment where run is expected ex ante, sufficient capital and optimally set capital requirement can still achieve first-best allocation, thus run probability will not matter if the capital requirement is optimally chosen. A bank's contracts in economies with different run probabilities are also examined.

2019 ◽  
Author(s):  
◽  
Teresa Milbrodt

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT REQUEST OF AUTHOR.] This novel is the story of Tianne, a twenty-eight-year-old stained glass artist. She works two part-time jobs as a clerk at a stained glass supply store, and as an adjunct instructor at a community college. Her boyfriend Jeremiah is an academic adviser at the same college, but wants a career performing in comedy clubs. He uses a wheelchair due to spina bifida, and is cheerfully blunt that he could die from an undetected kidney infection. Tianne wrangles her own invisible disability, since endometriosis causes her to have awful cramps during her period that can keep her home from work. Tianne loves her jobs but worries about bills after her car breaks down. She envies Jeremiah's financial stability until he's fired for speaking his mind too many times to administration. Tianne fears for his health insurance coverage, while Jeremiah debates careers as a high school guidance counselor or touring comedy clubs. Throughout the book Tianne tries to chart a path though the instabilities of her body, Jeremiah's body, their career paths, and their romantic relationship, knowing that nothing is permanent. Hers is a story not of looking for stability, but coming to terms with instability, and finding spaces of adaptation to constant change.


2018 ◽  
Author(s):  
◽  
Tung-Ying Wu

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] "This dissertation is a combination of three different projects. The first project investigates the history of philosophy: Kant's refutation of idealism. In this project I propose a more plausible interpretation of Kant's argument against idealism. Next, the second project investigates ethical theory: the ideal observer view. There, I criticize an argument for ideal observer view as untenable. Finally, the third project investigates decision theory: the decision problem: Psycho Buttons. I argue that causal decision theory supplemented with Full Information does not lead to intransitivity in Psycho Buttons. In this chapter I present an introduction to each project." --Introduction


2018 ◽  
Author(s):  
◽  
Keith (Keith Raymond) Harris

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] "The ultimate foci of this dissertation are group belief and justified group belief. As we will see, many models of both concepts have been proposed, and it is clear in many cases that these models are not intended to capture the same phenomena. Pluralism about group belief and justified group belief, understood generally, may thus be appropriate. My aim in this dissertation is to develop accounts of the beliefs and justified beliefs of group agents, rather than diffuse collections of individuals. Ultimately, we will find that no existing models of group belief or justified group belief correctly model the attitudes held by group agents. There is much work to be done before arguing for these points. Understanding what it is for a group agent to hold a belief requires a greater understanding of group agents and their relations to their members. In this chapter, I review a series of proposals for understanding this relation. I argue that existing accounts of the relationship between group agents and their members are either incorrect or incomplete. Insights from existing approaches point toward a fuller account of the relationship between group agents and their members."--Introduction


2015 ◽  
Author(s):  
◽  
Lynn (Chien-Hui Chiu) Chiu

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] I argue that natural selection explanations are not necessarily externalist, i.e. they don't always cite features of the environment as explanans. In the first chapter, I argue against the Propensity Interpretation of Fitness, which attributes fitness to internal abilities of individuals in a common environment, the latter dictating the selection of the population. However, for some populations, individuals construct different internal/external boundaries, preventing an explanatory boundary between internal and external at the level of the population. In the second chapter, I argue that niche construction, the ability of organisms to construct their experienced environments, can be either constitutive of or alternative to natural selection. Both reject explanatory externalism, a core feature of Adaptationism. An example of the latter is Niche Construction Theory, which decomposes population and environment into distinct evolutionary causes: Niche construction is from population to environment, while natural selection is from environment to population. An example of the former is Dialectical Biology and Situated Adaptationism, which show that population and environment resist decomposition into internal and environmental evolutionary causes. In the last chapter, I demonstrate that general Darwinism in organization theory explicitly assumes externalism. When organizations actively construct their conditions, the debates assume that natural selection do not occur or is ineffective. My previous analyses can show that selection occurs even when the organizations are constructing their external conditions.


Author(s):  
Gerald B. Feldewerth

In recent years an increasing emphasis has been placed on the study of high temperature intermetallic compounds for possible aerospace applications. One group of interest is the B2 aiuminides. This group of intermetaliics has a very high melting temperature, good high temperature, and excellent specific strength. These qualities make it a candidate for applications such as turbine engines. The B2 aiuminides exist over a wide range of compositions and also have a large solubility for third element substitutional additions, which may allow alloying additions to overcome their major drawback, their brittle nature.One B2 aluminide currently being studied is cobalt aluminide. Optical microscopy of CoAl alloys produced at the University of Missouri-Rolla showed a dramatic decrease in the grain size which affects the yield strength and flow stress of long range ordered alloys, and a change in the grain shape with the addition of 0.5 % boron.


1980 ◽  
Vol 19 (03) ◽  
pp. 125-132
Author(s):  
G. S. Lodwick ◽  
C. R. Wickizer ◽  
E. Dickhaus

The Missouri Automated Radiology System recently passed its tenth year of clinical operation at the University of Missouri. This article presents the views of a radiologist who has been instrumental in the conceptual development and administrative support of MARS for most of this period, an economist who evaluated MARS from 1972 to 1974 as part of her doctoral dissertation, and a computer scientist who has worked for two years in the development of a Standard MUMPS version of MARS. The first section provides a historical perspective. The second deals with economic considerations of the present MARS system, and suggests those improvements which offer the greatest economic benefits. The final section discusses the new approaches employed in the latest version of MARS, as well as areas for further application in the overall radiology and hospital environment. A complete bibliography on MARS is provided for further reading.


2020 ◽  
Vol 33 (2) ◽  
pp. 101-119
Author(s):  
Emily Hauptmann

ArgumentMost social scientists today think of data sharing as an ethical imperative essential to making social science more transparent, verifiable, and replicable. But what moved the architects of some of the U.S.’s first university-based social scientific research institutions, the University of Michigan’s Institute for Social Research (ISR), and its spin-off, the Inter-university Consortium for Political and Social Research (ICPSR), to share their data? Relying primarily on archived records, unpublished personal papers, and oral histories, I show that Angus Campbell, Warren Miller, Philip Converse, and others understood sharing data not as an ethical imperative intrinsic to social science but as a useful means to the diverse ends of financial stability, scholarly and institutional autonomy, and epistemological reproduction. I conclude that data sharing must be evaluated not only on the basis of the scientific ideals its supporters affirm, but also on the professional objectives it serves.


Author(s):  
Cari R. Bryant ◽  
Matt Bohm ◽  
Robert B. Stone ◽  
Daniel A. McAdams

This paper builds on previous concept generation techniques explored at the University of Missouri - Rolla and presents an interactive concept generation tool aimed specifically at the early concept generation phase of the design process. Research into automated concept generation design theories led to the creation of two distinct design tools: an automated morphological search that presents a designer with a static matrix of solutions that solve the desired input functionality and a computational concept generation algorithm that presents a designer with a static list of compatible component chains that solve the desired input functionality. The merger of both the automated morphological matrix and concept generation algorithm yields an interactive concept generator that allows the user to select specific solution components while receiving instantaneous feedback on component compatibility. The research presented evaluates the conceptual results from the hybrid morphological matrix approach and compares interactively constructed solutions to those returned by the non-interactive automated morphological matrix generator using a dog food sample packet counter as a case study.


2020 ◽  
Author(s):  
◽  
Mary Beth Brown

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI-COLUMBIA AT REQUEST OF AUTHOR.] This dissertation examines post-World War II student civil rights activism at two Midwestern college campuses, the University of Missouri (MU) and the University of Kansas (KU). Missouri and Kansas have conflicting histories concerning race dating back to Bleeding Kansas and the history of race relations on the campuses of KU and MU. This history is especially complicated during the period between 1946 and 1954 because of heightened student activism that challenged racial injustices. Race relations on campus largely mirrored that of the state's political environment, with KU having integrated in the 19th century, whereas MU did not desegregate until 1950. However, the same did not apply to the success of student activists at each school where MU students found success fighting against discriminatory practices in Columbia, whereas local business leaders and the university administration stymied KU students. The dissertation examines the exchange of ideas and strategy among students, which occurred through athletics, debates, guest speakers, and various regional and national groups. In particular, the study argues that campus spaces, such as residential co-ops and student organizations, were deeply significant because they served as incubators of activism by offering students a place to talk about racial and social injustice and plan ways to challenge these inequalities and effect change on campus and in the broader community.


Sign in / Sign up

Export Citation Format

Share Document