This paper examines whether forcing banks to disclose balance-sheet information that they choose not reveal can improve welfare. We show mandatory disclosure welfare when are vulnerable contagion due interconnectedness. In our benchmark model, is beneficial only if markets frozen. When we modify the model incorporate moral hazard, also in normal times, but as long there some potential for conta...

The issue of bicycle helmets is still controversial. Should all cyclists be compelled to wear a helmet, or should they be allowed to take their own responsible decision? In some countries, Spain among them, there is strong pressure to make bicycle helmets mandatory. Here, a cocktail of opinions, beliefs and numbers is administered to the unaware public who swallows it and mostly agrees that “th...

Laws requiring autopsies have generated little controversy. Yet it is considered unconscionable to take organs without consent for transplantation. We think an organ draft is justified if mandatory autopsies are. We reject the following five attempts to show why a mandatory autopsy policy is legitimate, but organ conscription is not: (1) The social contract gives the state a greater duty to pro...

Our goal is to develop a scienti c understanding of the kinds of mandatory controls needed to support data integrity. There is general consensus that integrity is an important problem and requires some kind of mandatory controls for its solution. At the same time, inspite of considerable e ort [17, 18, for instance], there is little consensus on what is meant by the two key terms: mandatory con...

In this paper, optimal consumption and investment decisions are studied for an investor who can invest in a fixed interest rate bank account and a stock whose price is a log normal diffusion. We present the method of the HJB equation in order to explicitly solve problems of this type with modifications such as a fixed percentage transaction cost and a mandatory bequest function. It is shown tha...

BACKGROUND Although legislation has been introduced in Saskatchewan for mandatory reporting by physicians of patients considered medically unfit to drive, little is known about physicians' attitudes, knowledge or resources with regard to evaluating medical fitness to drive. METHODS The objective of this study was to determine Saskatchewan physicians' attitudes, knowledge, training, resources ...

BACKGROUND Currently, widespread HIV testing is the best preventive action against further spread of the HIV epidemic. However, over 40% of the U.S. population has never been tested for HIV and 25% of those with HIV have never been tested. To increase testing rates, in 2006 the CDC advised healthcare settings to conduct testing on an opt-out basis. METHODS Qualitative, semi-structured intervi...