In this paper we consider the quantitative decision problem to allocate a certain amount of time upon two possible market activities, specifically a legal one and an illegal one. The problem was considered in literature by Isaac Ehrlich, in his seminal paper 'Participation in Illegitimate...

The present paper firstly examines and comments the arguments proposed by Werner Sinn and Wollmershaeuser in their paper: 'Target loans, current account balances and capital flows: the ECB's rescue facility'. Secondly, this contribution suggests an alternative view for solving the crisis in the...