The Legal Environment and the Choice of Default Resolution Alternatives: An Empirical Analysis

In addition to standard foreclosure, three other methods of resolution for mortgage defaults are available: bankruptcy protection, surrender of deed to the lender, and pre-foreclosure sale. This paper develops a model that specifies the choice of resolution method as a function of the state-specific legal environment and local area economic conditions. A large national data set is used to estimate a multinomial logit choice model for the 1987 to 1991 period. The results indicate that the choice of default resolution alternative is sensitive to the legal environment. The results imply that selected legal reforms will tend to improve the efficiency of the default resolution process.

Estimating three-demensional energy transfer in isotropic turbulence

To obtain an estimate of the spectral transfer function that indicates the rate of decay of energy, an x-wire probe was set at a fixed position, and two single wire probes were set at a number of locations in the same plane perpendicular to the mean flow in the wind tunnel. The locations of the single wire probes are determined by pseudo-random numbers (Monte Carlo). Second order spectra and cross spectra are estimated. The assumption of isotropy relative to second order spectra is examined. Third order spectra are also estimated corresponding to the positions specified. A Monte Carlo Fourier transformation of the downstream bispectra corresponding to integration across the plane perpendicular to the flow is carried out assuming isotropy. Further integration is carried out over spherical energy shells

Music Listening as Therapy

Music is a universal phenomenon and is a real, physical thing. It is processed in neural circuits that overlap with language circuits, and it exerts cognitive, emotional, and physiological effects on humans. Many of those effects are therapeutic, such as reduced symptoms of physical and mental ailments. Music is the result of the elements rhythm, melody, harmony, timbre, dynamics, and form. Rhythm is the focus of pop music, and melody is the focus of classical music. The mind perceives and organizes music in learned, consistent ways in order to generate predictions and extract meaning. There are perceptual laws and information processing limitations to this process. Predictions are based in schematic and veridical approaches, which give rise to expectations. Frustrated expectations result in an effective response. Music only has meaning unto itself and the music listener ascribes any extra-musical meaning. This includes any emotional meaning. The unfolding of a song is much like how Gestalt Therapy theory conceptualizes human experience. Mindfulness offers a clear definition of how one can frame and approach experience to support health and well-being. MinMuList (said “min-mew-list”) is an evidenced-based workshop that offers a concise discussion and straightforward methods for implementation of these aspects of music and psychology

Flag Desecration Statutes: History and Analysis

The Article describes a variety of cases dealing with different ways that the American flag has been “desecrated,” including burning, flag-wearing, and its use in advertising. It also looks at some of the rationales by which those accused of desecrating the flag have used to justify their actions