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 The theory of financial intermediation: An essay on what it does (not) explain

The theory of financial intermediation: An essay on what it does (not) explain

... on the bank as a coalition of depositors, of Akerlof (1970) and Leland and Pyle (1977) on the bank as an information sharing coalition, and of Diamond (1984) on the bank as delegated ( ) monitor, ... by a further extension of the present theory, by the framework of the agency theory and the theory of asymmetric information The question goes into the...

Ngày tải lên: 24/10/2012, 09:11

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 Circuit theory of finance and the role of incentives in financial sector reform

Circuit theory of finance and the role of incentives in financial sector reform

... illustrates the main structural, theoretical and incentive-related policy implications of circuit theory of finance Section I.2 discusses the special role of the financial system as the core of the circuit ... profitability is declining The internalization of information within the same institution may thus enhance intra -circuit and inter -circuit st...

Ngày tải lên: 24/10/2012, 09:33

55 666 0
Theory of stochastic local area channel modeling for wireless communications

Theory of stochastic local area channel modeling for wireless communications

... type Chapter discusses the basic form that a stochastic local area channel model must take Great care is taken in defining a local area and a stochastic local area channel, clearly stating the assumptions ... Spectral diagram of baseband and passband signals and channel CHAPTER FOUNDATIONS OF STOCHASTIC CHANNEL MODELING 18 Note: Communications vs Channel Mo...

Ngày tải lên: 20/11/2012, 11:36

207 369 0
Complexity Theory of Transforms in Signal Processing

Complexity Theory of Transforms in Signal Processing

... Introduction Complexity theory of computation attempts to determine how “inherently” difficult are certain tasks For example, how inherently complex is the task of computing an inner product of ... the proof is a slight extension of the previous case So far intuition proved accurate In complexity theory one learns early on to be skeptical of intuitions An early surprising r...

Ngày tải lên: 25/10/2013, 02:15

11 433 0
Theory of rapid granular flows Isaac Goldhirsch

Theory of rapid granular flows Isaac Goldhirsch

... system is of a much higher granular temperature than that expected on the basis of steady-state solutions of the corresponding hydrodynamic equations In this case the 180 Theory of rapid granular ... Theory of rapid granular flows average of a symmetric entity) is symmetric, i.e., one does not obtain a micropolar theory [332] 12.6 Conclusion An introduction to the k...

Ngày tải lên: 01/11/2013, 08:20

33 396 0
Tài liệu Theory of Inventive Problem Solving pdf

Tài liệu Theory of Inventive Problem Solving pdf

... the problems, contradictions, and solutions in these patents into a theory of inventive problem solving which he named TRIZ 3.0 TRIZ: The Theory of Inventive Problem Solving There are a number of ... my cutting needs Figure General Problem Solving Model 2.1 Inventive Problems The other type of problem is one with no known solution It is called an inventive p...

Ngày tải lên: 10/12/2013, 03:15

30 529 0
Tài liệu Introduction to Communication Systems, The Theory of Probability ppt

Tài liệu Introduction to Communication Systems, The Theory of Probability ppt

... sureohp gr qrw h{lvw Wkh sk|vlfdo phfkdqlvpv gulylqj wkh sureohp duh vr frpsolfdwhg wkdw wkh gluhfw fdofxodwlrq ri wkh sureohp lv qrw ihdvleoh Wkhuh h{lvwv vrph edvlf lqghwhuplqdf| lq wkh sk|vlfdo zruog

Ngày tải lên: 12/12/2013, 04:15

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Tài liệu The General Theory of Employment, Interest, and Money docx

Tài liệu The General Theory of Employment, Interest, and Money docx

... MARGINAL EFFICIENCY OF CAPITAL 12 THE STATE OF LONG-TERM EXPECTATION 13 THE GENERAL THEORY OF THE RATE OF INTEREST 14 THE CLASSICAL THEORY OF THE RATE OF INTEREST o APPENDIX ON THE RATE OF INTEREST IN ... PROPERTIES OF INTEREST AND MONEY 18 THE GENERAL THEORY OF EMPLOYMENT RE-STATED Book V: Money- wages and Prices 19 CHANGES IN MONEY- WAGES o...

Ngày tải lên: 15/12/2013, 21:15

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Challenge your thinking on theory of constraints (toc) accounting (e schragenheim)

Challenge your thinking on theory of constraints (toc) accounting (e schragenheim)

... every hour on the machine costs $50 How you convince the controller he is wrong? My answer: The controller is absolutely right Question 3: What is the role of the order size in the decision-making? ... concepts Let's state two basic TOC concepts: # We consider the organization as a whole, which is distinct from the sum of the parts # Very few variables—maybe only one—limit the performan...

Ngày tải lên: 17/12/2013, 15:18

4 332 1
Tài liệu Introduction to Communication systems the theory of probability. pdf

Tài liệu Introduction to Communication systems the theory of probability. pdf

... sureohp gr qrw h{lvw Wkh sk|vlfdo phfkdqlvpv gulylqj wkh sureohp duh vr frpsolfdwhg wkdw wkh gluhfw fdofxodwlrq ri wkh sureohp lv qrw ihdvleoh Wkhuh h{lvwv vrph edvlf lqghwhuplqdf| lq wkh sk|vlfdo zruog

Ngày tải lên: 20/12/2013, 19:15

14 531 0
Tài liệu THEORY OF CATEGORIES doc

Tài liệu THEORY OF CATEGORIES doc

... Chapter VII we develop the theory of Ext in terms of long exact sequences The exactness of the connected sequence is proved without the use of projectives or injectives The proof is by Steven Schanuel ... certain categories of diagrams These include the Hilbert syzygy theorem and some new results on global dimension of matrix rings Here we find the main application of the pr...

Ngày tải lên: 23/12/2013, 02:19

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 The general theory of employment interest and money (1936)

The general theory of employment interest and money (1936)

... Chapter The General Theory I HAVE called this book the General Theory of Employment, Interest and Money, placing the emphasis on the prefix general The object of such a title is to contrast the character ... fall to the appropriate level, which will occupy Book IV Thus the analysis of the Propensity to Consume, the definition of the Marginal Effic...

Ngày tải lên: 31/12/2013, 23:30

336 536 0
the stock market, the theory of rational expectations, and the efficient markets  hypothesis

the stock market, the theory of rational expectations, and the efficient markets hypothesis

... Pt + C Pt R = the rate of return on the security Pt+1 = price of the security at time t+1, the end of the holding period Pt = price of the security at time t, the beginning of the holding period ... Rationale Behind the Theory Rof > R* ⇒ Pt ↑ ⇒ Rof ↓ Rof < R* ⇒ Pt ↓ ⇒ Rof ↑ until Rof = R* In an efficient market all unexploited profit opportunities will be elim...

Ngày tải lên: 05/01/2014, 16:56

21 2,6K 2
Project Gutenberg’s Theory of Groups of Finite Order, by William Burnside pptx

Project Gutenberg’s Theory of Groups of Finite Order, by William Burnside pptx

... BROCKHAUS New York: THE MACMILLAN COMPANY THEORY OF GROUPS OF FINITE ORDER BY W BURNSIDE, M.A., F.R.S., LATE FELLOW OF PEMBROKE COLLEGE, CAMBRIDGE; PROFESSOR OF MATHEMATICS AT THE ROYAL NAVAL COLLEGE, ... classification of infinite groups which is indicated by the three examples given above; and we pass on at once to the case of groups which contain a finite number onl...

Ngày tải lên: 28/06/2014, 19:20

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