Navigation Links
In financial ecosystems, big banks trample economic habitats and spread fiscal disease
Date:11/14/2012

d confidence effects into this framework."

The researchers' conclusion that larger banks should maintain capital relevant to their importance could actually promote innovation in the industry by favoring smaller, more agile banks, explained George Sugihara, a theoretical biologist at the Scripps Institution of Oceanography at the University of California-San Diego. Sugihara, a published proponent of similar approaches to regulating large banks, is familiar with the PNAS paper, but had no role in it.

"This would basically create a systemic-risk tax for larger more highly connected institutions and work to the advantage of smaller financial institutions," Sugihara said. "It is there in the small banks and thrifts that many publicly useful financial innovations arise."

The models the researchers created illustrate that such a policy is not only crucial, Sugihara said, but also potentially far-reaching and relatively simple to implement in comparison to existing, more complex regulations.

"This particular integration of network dynamics with confidence effects makes this model unique, and potentially both minimal and comprehensive," Sugihara said. "It calls attention to a general class of problem that has a long tradition in ecology but is only recently being taken seriously in central banking namely, the importance of evaluating risk by viewing banking as a 'whole' system."

Of elephants and illnesses

The researchers simulated a banking system inspired by models of ecosystems first developed in the 1970s by the PNAS paper's third author, Robert May, a professor of zoology at Oxford, a Princeton visiting professor in ecology and evolutionary biology, and former chief scientific adviser to the UK government. In ecology, these frameworks cast a holistic eye on how the interactions between different species can shape the stability of an ecosystem. In epidemiology, the consideration is the various av
'/>"/>

Contact: Morgan Kelly
mgnkelly@princeton.edu
609-258-5729
Princeton University
Source:Eurekalert

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Online Dating Scams Can Take Emotional, Financial Toll
2. Financial Worries Add to Cancer Patients Burden
3. Financial Press: Bralorne Gold Mines Strikes Expands on its Ultra-High Grade Gold System in Canada
4. Identity Theft Expert Advises on Why Elders are Targets for Scams and Financial Abuse
5. Study: Methodology of determining financial viability of social security
6. Dont cut lifesaving ICDs during financial crisis, ESC warns
7. Health-care costs hit the elderly hard, diminish financial wellbeing
8. UC Irvine study finds racial, economic disparities in ovarian cancer care, survival
9. Economic theory actually works in health care
10. Hospital readmission rates linked to availability of care, socioeconomics
11. Study finds socioeconomic status linked to weight gain and risk of obesity in African-American women
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/30/2015)... ... August 30, 2015 , ... Nutritional Products ... lead the expansion of global cosmeceutical and skin care brands. Mr. Fernandez ... the last 25 years working in operations, purchasing and management for some of ...
(Date:8/29/2015)... (PRWEB) , ... August 30, 2015 , ... ... Sept. 15, 2015 — 1:30 p.m. – 3:00 p.m. EDT, http://www.fdanews.com/electronicinformedconsent ... than a simple digital handwritten signature. , Clinical trial sites can ...
(Date:8/29/2015)... ... August 29, 2015 , ... Dr. Tim Novelli, DC., Founder ... mission is to increase acceptance of the chiropractic field in the military. All too ... them. Although Chiropractic was made available to the VA program over a decade ...
(Date:8/29/2015)... ... August 29, 2015 , ... ... the localized area with stretching, soft tissue manipulation. Platelet rich plasma injections also ... shown through research to improve treatment outcomes. This localized treatment seems to ...
(Date:8/28/2015)... Nevada (PRWEB) , ... August 28, 2015 , ... An ... its decision to make the purchase of CPAP equipment more affordable by offering shipping ... includes all types of CPAP products and orders of any size. My Cpap Store ...
Breaking Medicine News(10 mins):Health News:NPI Executive Vice President Leads Cosmeceutical Expansion 2Health News:FDAnews Announces — Electronic Informed Consent for Clinical Trials: Best Practices Webinar, Sept. 15, 2015 2Health News:FDAnews Announces — Electronic Informed Consent for Clinical Trials: Best Practices Webinar, Sept. 15, 2015 3Health News:FDAnews Announces — Electronic Informed Consent for Clinical Trials: Best Practices Webinar, Sept. 15, 2015 4Health News:The Patriot Project brings Chiropractic Care to the Armed Forces and their Families - Rapid Release Technology Joins the Effort to Recruit more Doctors to Pledge 2Health News:NEW APPROACH for Treatment of Recurrent Hamstring Strains and Hamstring Tendinosis is Available for the First Time in NYC 2Health News:NEW APPROACH for Treatment of Recurrent Hamstring Strains and Hamstring Tendinosis is Available for the First Time in NYC 3Health News:My Cpap Store Now Offering Delivery Special 0 Cost to You 2
... to smoke or consume high doses of caffeine ... the disease//, according to a report. ... (NSAID) medications (such as aspirin, ibuprofen and naproxen) ... Parkinson's disease, according to background information in the ...
... published in the April 10, 2007, issue of Neurology, ... patients// suffering ‘Restless Legs Syndrome (RLS). The risk increases ... conducted at the University of Montreal’s Sacré-Coeur Hospital, ten ... sleep laboratory, where researchers monitored periodic leg movements and ...
... Canadian report has come out with news that would gladden ... as strike fear// in the minds of their western ... of the McLaughlin-Rotman Center for Global Health in Toronto, Canada, ... and ill health". The report published in ...
... by Banfield, The Pet Hospital, one of the largest chains ... dogs// were sickened or killed nationwide consequent on pet food-contamination ... reportedly compiled from records collected from more than 615 veterinary ... contaminated pet food. Described as one of the largest in ...
... from one moment to the next, and experts say the ... psychological after-effects. ,"Every person reacts differently to shock," ... services in the northern German port city of Hamburg. ... screaming is seldom the case, she says. "Some people are ...
... to the U.S. Department of Energy's Brookhaven National Laboratory ... the U.S. Patent Number 7,179,448 which will allow them ... the development of vaccines and diagnostic tests for Lyme ... of two proteins that are normally present on the ...
Cached Medicine News:Health News:Smoking and Caffeine Inversely Associated With Parkinson's Disease 2Health News:Restless Legs Syndrome Poses Risk of Cardiovascular Disease 2Health News:India’s Biotech Companies- Jumbos Waiting to Gro 2Health News:Melamine Contamination Killed Thousands of Pets, Says a New Report 2Health News:Accident Victims Often Need Psychological Help 2Health News:Scientists Receive Patent for Development of "combination" Proteins to Produce Vaccines for Lyme Disease 2Health News:Scientists Receive Patent for Development of "combination" Proteins to Produce Vaccines for Lyme Disease 3
(Date:8/28/2015)...  Today, in final recognition of the Centers for ... 1-800 Contacts is sharing how to keep lens cases ... who do not properly care for their lens cases ... Most contact lens wearers understand the importance ... case is sometimes overlooked.  When proper steps to clean ...
(Date:8/28/2015)... DUBLIN , Aug. 28, 2015 ... ) has announced the addition of the ... report to their offering. Developed by ... selective prostaglandin receptor agonist which effectively reduces intraocular ... by FDA, latanoprost (under the trade name of ...
(Date:8/28/2015)... 28, 2015 Perrigo Company plc ("Perrigo") (NYSE: ... N.V. ("Mylan") (NASDAQ: MYL ) shareholder vote regarding ... "Our views of Mylan,s offer to Perrigo shareholders have ... our Board,s careful reflection of the value available to ... choices that Mylan has allowed its shareholders to consider," ...
Breaking Medicine Technology:1-800 Contacts Shares Tips on How to Clean Lens Cases 2China Latanoprost Market Investigation Report 2015-2019 2Perrigo Confident Its Shareholders Will Reject Mylan's Value Destructive Transaction 2Perrigo Confident Its Shareholders Will Reject Mylan's Value Destructive Transaction 3Perrigo Confident Its Shareholders Will Reject Mylan's Value Destructive Transaction 4Perrigo Confident Its Shareholders Will Reject Mylan's Value Destructive Transaction 5
... The Cleveland Clinic and Valence Health announced today that ... become a clinically integrated network.  This new network, the ... physicians, and more than 1,000 private practitioners in the ... Physician Partnership (CPP), recognized the need to pursue Clinical ...
... Biotechnology, Inc. (OTC Bulletin Board: CSBR ), ... accelerating the development and enhancing the value of oncology ... Chief Financial Officer. Mr. Schonau indicated that he has ... other opportunities. Champions is seeking chief financial officer candidates ...
Cached Medicine Technology:Valence Health Selected by Cleveland Clinic to Support Clinical Integration Program 2Champions' CFO Resigns 2
Large, bright images from a bronchoscope designed for routine examination and treatment....
... The BF-1T40 has been designed with ... versatility in therapeutic applications. This permits the ... including those for electrosurgical procedures. In addition, ... wide field of view and a bright, ...
... High performance fiberoptic imaging from ... ,Olympus has improved its fiberscope range, ... specifications and enhanced image performance. Olympus ... instruments for diagnosis and therapy in ...
... scope designed specifically to enable direct inspection ... suitable for pediatric applications as well. Its ... mere 2.8mm across. As a result, insertion ... with greater ease. And since this sophisticated ...
Medicine Products: