4,418 research outputs found

    Deposit Insurance in Theory and Practice

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    Bank stability and systemic stability are old issues in banking. There have been many financial crises in economic history, and the painful consequences of those crises have again and again raised questions concerning how to avoid them and how to protect depositors against losses.

    Using edit distance to analyse errors in a natural language to logic translation corpus

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    We have assembled a large corpus of student submissions to an automatic grading system, where the subject matter involves the translation of natural language sentences into propositional logic. Of the 2.3 million translation instances in the corpus, 286,000 (approximately 12%) are categorized as being in error. We want to understand the nature of the errors that students make, so that we can develop tools and supporting infrastructure that help students with the problems that these errors represent. With this aim in mind, this paper describes an analysis of a significant proportion of the data, using edit distance between incorrect answers and their corresponding correct solutions, and the associated edit sequences, as a means of organising the data and detecting categories of errors. We demonstrate that a large proportion of errors can be accounted for by means of a small number of relatively simple error types, and that the method draws attention to interesting phenomena in the data set

    Applications and requirements for real-time simulators in ground-test facilities

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    This report relates simulator functions and capabilities to the operation of ground test facilities, in general. The potential benefits of having a simulator are described to aid in the selection of desired applications for a specific facility. Configuration options for integrating a simulator into the facility control system are discussed, and a logical approach to configuration selection based on desired applications is presented. The functional and data path requirements to support selected applications and configurations are defined. Finally, practical considerations for implementation (i.e., available hardware and costs) are discussed

    Risk management in US derivative clearing houses

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    The South African Truth Commission

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    Response to Book Review

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