Abstract To understand deviations from covered interest parity (CIP), it is crucial to account for heterogeneity in funding costs across both banks and currency areas. For most market participants, the no-arbitrage relation holds fairly well when implemented using marginal risk-free investment instruments. However, a few high-rated do enjoy CIP-arbitrage opportunities. Dealers avert inventory i...

A graph is said to be well-covered if all its maximal independent sets are of the same size. In 1999, Yamashita and Kameda introduced a subclass of well-covered graphs, called localizable graphs and defined as graphs having a partition of the vertex set into strong cliques, where a clique in a graph is strong if it intersects all maximal independent sets. Yamashita and Kameda observed that all ...

We evaluated problem behavior exhibited by 6 individuals with developmental disabilities using the behavioral economic conceptualization of unit price. Descriptive observations were conducted during interactions between the participants and their primary care providers in a clinical laboratory, the participants' homes, or school. Data were recorded on potential reinforcers and problem behavior....

Urgent action is needed to reduce the harm caused by smoking. Product standards that reduce the addictiveness of cigarettes are now possible both in the U.S. and in countries party to the Framework Convention on Tobacco Control. Specifically, standards that required substantially reduced nicotine content in cigarettes could enable cessation in smokers and prevent future smoking among current no...