The New Accord on Capital, known as Basel II, has induced a progressive harmonization of evaluation processes on credit risk merit in Italy. The present work analyzes the effect of Basel II on the basis of the definition of default that will come into effect at the end of the transition period....

On-line content delivery and vertical alliances between conduit and content providers are nowadays crucial issues in on-line content markets. In this paper, we discuss and compare two types of model for on-line content delivery: push and pull. We assume non-zero marginal cost for network...