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DEFAULT NEAR-THE-DEFAULT-POINT: THE VALUE OF AND THE DISTANCE TO DEFAULT [PDF]
We show that the default event defined by endogenous credit-risk models (i.e. low asset values) can likewise be described in terms of low equity prices and negative net cash-flows (high debt service and/or negative earnings). Specifically, distance-to-default (DD), a volatility-adjusted measure of leverage, is given by the ratio of equity prices to ...
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But what if the default is defaulting?
Behavioral and Brain Sciences, 2014AbstractWe critically consider the default view of consciousness and decision making, and we explore the implications of this view to the authors' argument. We therefore call for rigorous collection of data regarding the role of consciousness in decisions. We also propose that the section on subliminal effects significantly underestimates existing data
Ran R, Hassin, Maxim, Milyavsky
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Defaulting on the default network
Neurology, 2011The past decade of cognitive neuroscience and neuroimaging research has yielded several critical insights into the organization of the human brain, in particular, the existence of multiple large-scale functional networks. Several of these networks map easily onto conventional notions regarding brain–behavior relationships, such as intrinsic networks ...
Koene R.A. Van Dijk, Reisa A. Sperling
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Expressing Default Logic Variants in Default Logic
Journal of Logic and Computation, 2005Reiter's default logic is one of the best known and most studied of the approaches to nonmonotonic reasoning. Several variants of default logic have subsequently been proposed to give systems with properties differing from the original. In this paper, we examine the relationship between default logic and its major variants.
Delgrande, James Patrick +1 more
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Journal of Philosophical Logic, 2007
This paper considers rule-based default logics supplemented by a priority relation between the rules. The problem is how best to use this relation to modulate the generation of outputs. As the author recognizes, this is not a new subject. A number of proposals have been made in the literature, many of which are compared in the recent review of \textit ...
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This paper considers rule-based default logics supplemented by a priority relation between the rules. The problem is how best to use this relation to modulate the generation of outputs. As the author recognizes, this is not a new subject. A number of proposals have been made in the literature, many of which are compared in the recent review of \textit ...
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Studia Logica, 2007
The author introduces an alternative notation for presenting Reiter-style default logics. As in the case of cumulative default logics, the essential idea is to enrich the basic objects of the logic. Rather than being just propositional formulae, they are ordered pairs of propositional formulae; the first item of each pair records the assertion being ...
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The author introduces an alternative notation for presenting Reiter-style default logics. As in the case of cumulative default logics, the essential idea is to enrich the basic objects of the logic. Rather than being just propositional formulae, they are ordered pairs of propositional formulae; the first item of each pair records the assertion being ...
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A Very Irish Default or: When is a Default Not a Default?
SSRN Electronic Journal, 2011The goal of this chapter is to examine the possible effects of an Irish default on the European economy as a whole. We will look at the past performance of the Irish economy, examine the types of debt Ireland holds at the moment in some detail, and discuss what type of default Ireland might engage in.
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Nature Neuroscience, 2011
The sustained metabolic activation of the brain's default-mode network is thought to render the system vulnerable to Alzheimer's disease. Recent results with transgenic mice support this view by linking neuronal activity to interstitial fluid amyloid-β levels and the development of amyloid-β plaques.
Walker, Lary C, Jucker, Mathias
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The sustained metabolic activation of the brain's default-mode network is thought to render the system vulnerable to Alzheimer's disease. Recent results with transgenic mice support this view by linking neuronal activity to interstitial fluid amyloid-β levels and the development of amyloid-β plaques.
Walker, Lary C, Jucker, Mathias
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Hampshire Militia: 1625 – 1640. Defaulters, Defaulting and Defaults.
2023This thesis analyses the occurrence of defaulters, defaulting and defaults in Hampshire’s militia during the period 1625-1640 and demonstrates the levels within both the County and its regiments. This is important because it also indicates what the relationship was between individuals and their company and/or regiment, and between the company/regiment ...
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