1 We thank Christopher Hennessy for valuable discussions and comments as well as two referees Abstract Bank Bailout Menus We study bailouts of banks that suffer from debt overhang problems and have private information about the quality of their assets-in-place and new investment opportunities. Menus of bailout plans are used as a screening device. Worse bank types choose larger bailouts. Constr...

This paper proposes a novel asymmetric jump model for modeling interactions in discontinuous movements asset prices. Given the behavior and high volatility levels cryptocurrency markets, we apply our to cryptocurrencies study impact of various types jumps occurring one cryptocurrency’s price process on discontinuity component realized other cryptocurrencies. Our also allows us assess co-jumps. ...

A new three-parameter extension of the generalized Nadarajah-Haghighi model is introduced and studied. Some its statistical properties are derived. Characterization results presented. The failure rate can be "increasing", "decreasing", "bathtub", "upside-down", "upside-down-constant", "increasing-constant" or "constant". Different non-Bayesian estimation methods under uncensored scheme consider...

Magic illusions provide the perceptual and cognitive scientist with a toolbox of experimental manipulations and testable hypotheses about the building blocks of conscious experience. Here we studied several sleight-of-hand manipulations in the performance of the classic "Cups and Balls" magic trick (where balls appear and disappear inside upside-down opaque cups). We examined a version inspired...

purpose: to describe a new noninvasive method to assure correct orientation of donor lenticules in descemet stripping automated endothelial keratoplasty (dsaek) surgery. methods: dsaek surgery was performed in three eyes with the diagnosis of pseudophakic bullous keratopathy (pbk). for the laboratory part of the study, two whole globes and two precut corneoscleral buttons were used. the donor l...