This study applies the Dynamic Slacks Based Model (DSBM) developed by Tone and Tsutsui (2010) in order to assess the evolution of input saving/output increasing potentials in major Brazilian Banks from 1996 to 2011. We propose that these potentials or slacks can be used as proxies for an...

One of the main goals of terrorism is to instill fear in a targeted populace. We investigate how information precision about rare, but highly devastating terrorist attacks influences psychological resilience, which we operationalize as the ability to continue to take optimum risks. First, we...