This paper studies optimal bank capital requirements in an economy where bank losses have financial spillovers. The spillovers amplify the effects of shocks, making the banking system and the economy less stable. The spillovers increase with banks' financial distortions, which in turn increase...

1. Attacks on IT systems: categories of motives / Georg Disterer -- 2. Wireless security / Faisal Kaleem and Kang K. Yen -- 3. Analysis, development and deployment of statistical anomaly detection techniques for real e-mail traffic / Gianluca Papaleo ... [et al.] -- 4. Forensics challenges for...

We examine whether bankers face disciplining consequences for structuring poorly performing corporate loans. We construct a novel dataset containing the employment histories and loan portfolios of a large sample of corporate bankers and find that corporate credit events (i.e., downgrades,...

Insurance ideas inform legal thought: from tort law, to health law, to theories of distributive justice. Within legal thought, insurance is often conceived as an ideal type in which insurers distribute determinable risks through contracts that fix the parties' obligations in advance. This ideal...