Contemporary research findings indicate that in older persons (typically 64 > years) there are functional decrements in the ability to mentally represent and effectively plan motor actions. Actions, if poorly planned, can result in falling, a major health concern for the elderly. Whereas a number of factors may contribute to falls, overor underestimation of reach abilities may lead to loss of p...

Is risk priced in the labor market? We document a strong, robust, and positive correlation between average earnings and the variance of both temporary and permanent idiosyncratic shocks to earnings across 21 US industries. However, since workers are heterogeneous in their abilities, the correlation may be entirely driven by selection. What portion of the correlation is compensation for risk and...

In clinical practice, trust is paramount. We trust team mates to know their job and to hand over well. Patients and families need to trust that we’re competent, compassionate, and acting in good faith. But sometimes, in trying to reassure patients and with the best of intentions, we make promises we shouldn’t. And broken promises damage trust and confidence. Some promises concern what we as ind...

PURPOSE To identify health-promoting strategies employed by experienced physicians in order to define prototypical resilience processes and key aspects of resilience-fostering preventive actions. METHOD From January 2010 to March 2011, the authors conducted 200 semistructured interviews with physicians of different ages, disciplines, and hierarchical status from across Germany. The interview ...

Adaptive knowledge modeling is an approach to extend the abilities of the Object-Oriented World Model, a system for environment representation, for allowing it to cope with open environments in which unforeseen entities can occur. In previous work, adaptive knowledge management was introduced and a quantitative measure rating the quality of domain models was presented. In this contribution, the...

One of the important functions of financial intermediation is intertemporal risk smoothing. This paper studies the effects of a production shock in a closed economy and compares the abilities of market-based and bank-based financial systems in processing the shock. The analysis of the shock propagation indicates that a competitive banking system may collapse in absence of a proper regulation. P...