We analyze a new dataset on borrowing decisions of a sample of customers of a credit card company. This credit card allows customers to pay for their purchases via installment credit over terms up to 12 months at an interest rate that depends on the customer’s credit score and the duration of the installment loan. We use these data to estimate the effect of interest rates on consumers’ demand f...

We analyze a new dataset on borrowing decisions of a sample of customers of a credit card company. This credit card allows customers to pay for their purchases via installment credit over terms up to 12 months at an interest rate that depends on the customer’s credit score and the duration of the installment loan. We use these data to estimate the effect of interest rates on consumers’ demand f...

In last month’s first installment in this three-part series, we saw that during challenging economic times (such as that which the dental profession is currently confronting), the terms and provisions of your dental office lease contribute significantly to the financial success of your dental practice. All office leases deal with issues such as (i) annual rent increases, (ii) the right to suble...

This is the first installment of a two-part tutorial. The goal of the first part is to give the reader a basic understanding of the technical issues and types of approaches to solving the basic path planning or obstacle avoidance problem. The second installment will cover more advanced issues, including feedback, differential constraints, and uncertainty. Note that is a brief tutorial, rather t...

The Medical Journal of Australia ISSN: 0025729X ?? May 2010 192 X 1-1 ©The Medical Journal of Australia 2010 www.mja.com.au Viewpoint operate public hospitals under 5-yearly cost sharing ag the federal government. The initial shares were 50%– Australian Government portion had steadily fallen to a 2007–08, and will be only slightly higher by the end agreements in 2012–13. The policy report corre...