Identifying the precise locus of general cognitive ability (g) in the flow of information between perception and action is an important goal of differential psychology. To localize the negative correlation between g and reaction time to a specific processing stage, we administered a speeded number-comparison task to two groups differing in average g. The participants had to respond to two stimu...

Student loans and credit card loans represent important components of young households’ portfolios in the United States. While default rates on credit card debt are at historically low levels, default rates on student loans have increased significantly in recent years. There are important institutional differences between bankruptcy arrangements and default consequences in the two markets, whic...

the study was designed to analyze credit receipt and enterprise performance by small scale agro based enterprises in the niger delta region of nigeria. a multistage sampling technique was adopted in selecting 264 agro based enterprises and 96 agro based enterprises that accessed informal and formal credit respectively. the heckman model was used to examine the factors affecting amount of inform...

Credit scoring plays a vital role in the field of consumer finance. Survival analysis provides an advanced solution to credit-scoring problem by quantifying probability survival time. In order deal with highly heterogeneous industrial data collected Chinese market finance, we propose nonparametric ensemble tree model called gradient boosting (GBST) that extends models algorithm. The is learned ...

a r t i c l e i n f o Paying particular attention to the degree of banking market concentration in developing countries, this paper examines the effect of credit information sharing on bank lending. Using bank-level data from African countries over the period 2004 to 2009 and a dynamic two-step system generalised method of moments (GMM) estimation , it is found that credit information sharing i...

internal audit is a process affected by an entity ‘s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting and compliance. this definition reflects certain fundamental concepts. internal control is: • geared to achievement of objectives in one or more categories operations, repor...

We use a random matching model with limited record-keeping to study the essentiality of money and credit. The model is based on Lagos-Wright (2005), but with two rounds of pairwise meetings in each period. The mechanism designer chooses which meetings to use the record-keeping technology, and designs the trading mechanism for each meeting to optimize social welfare. We characterize implementabl...

This paper, studies the coordination of two-echelon supply chains using a credit (delayed) payment option and/or a wholesale price discount offer. We develop models for optimizing individual members’, as well as supply chain’s objectives. These models lead to the determination of the retail price and the order quantity for the buyer, as well as the production batch size, wholesale discount and/...