Three studies using pre-existing (Studies 1 and 3) minimal (Study 2) groups tested the hypothesis that ingroup status shapes whether “conflict’” with an outgroup is strategically acknowledged or downplayed. As predicted, high (vs. low) led group members to downplay conflict, but only rather than audience 2; Ns = 127 & 292), when difference was unstable stable) outgroup's action perceived as ill...

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In the aftermath of the nancial crisis, the role of monetary policy and macro-prudential regulation in promoting nancial stability is under discussion. The old debate concerning whether monetary policy should respond to credit and asset price bubbles was revived, whereas macro-prudential regulation is being assessed as an alternative macroeconomic tool to deal with nancial imbalances. The paper...

it is difficult to prevent accidents in the transport of hazardous goods, so the development of strategies for managing crisis situations and the optimization of action plans are important. the crisis situation is a continuous event in time when its evolution is unpredictable because it depends on a whole of complex factors resulting from the environment of the crisis. decision making in crisis...

In the aftermath of the 2007-2009 nancial crisis, a variety of spreads have developed between quantities that had been essentially the same until then, notably LIBOR-OIS spreads, LIBOR-OIS swap spreads, and basis swap spreads. By the end of 2011, with the sovereign credit crisis, these spreads were again signi cant. In this paper we study the valuation of LIBOR interest rate derivatives in a mu...

Crisis intervention, as it has evolved over the last five decades, has clearly demonstrated its effectiveness as a tool to reduce human distress. Nevertheless, as with any effort to alter human behavior, there are risks associated with crisis intervention. One such risk is that of premature intervention. Premature intervention may not only waste valuable intervention resources, but may serve to...