Architecture Commons^™

1. Costly Screening, Self Selection, And The Existence Of A Pooling Equilibrium In Credit Markets (Job Market Paper), Pingkang Yu

Pingkang Yu

This paper presents a credit market model that embeds a costly, universal and imperfect screening technology in an otherwise simple model with borrower self-selection and costly lender screening. Contrary to the result in previous models, such as Wang and Williamson (1998) with random screening, the combination of universal screening and type I screening error produces pooling equilibrium as a non-trivial outcome. This result suggests that generalized lenders engaged in price rationing can sometimes compete with specialized lenders serving a single borrower type in credit markets that relies on costly lender screening as a sorting device.

2. Screening Cost, Credit Risk, And The Optimal Structure Of Mortgage Lending—Origin Of The Subprime Mortgage Crisis, Pingkang Yu

Pingkang Yu

This paper attempts to answer a direct question—who should get mortgage credit and how should that credit be supplied? This question is at the heart of the recent subprime crisis and the efforts to reform mortgage lending through new regulations. This paper develops a credit market model with borrower’s self-selection and lender’s costly screening. Borrowers in the model differ in both screening cost and credit risk. In particular, the model includes fraudulent borrowers and low-risk-high-documentation-cost borrowers. The paper finds that separating equilibrium, where specialized lender serves the targeted type of borrower, is the only feasible market structure in the long …

Adaptive Responses To Flooding Incidents In Ilorin, Kwara State, Nigeria, Habiba I. Jimoh, Kayode A. Iroye

Confluence Journal Environmental Studies (CJES), Kogi State University, Nigeria

Incidents of floods which are mainly caused by changes in landuse is fast becoming a city life experience in Ilorin as in most urban centres in Nigeria causing untold hardships and sometimes loss of lives. This extreme hydro-meteorological event is also being exacerbated by climate change which thus calls for adaptive response by residents towards reducing its risks, hence this study. Data used were generated from direct field measurements and questionnaire administration. Descriptive statistics and cross tabulations were used in analyzing the data. Results obtained indicate that most respondents use a wide range of non-structural adaptive response to flood. The …

An Assessment Of Socio-Economic Impact Of Waste Scavenging As A Means Of Poverty Alleviation In Gwagwalada, Abuja., John Yakubu Magaji, Samuel Panse Dakyes

Confluence Journal Environmental Studies (CJES), Kogi State University, Nigeria

Waste scavengers are usually perceived as being among the poor, and scavenging is considered a marginal activity. They tend to have low incomes, but can obtained decent earning when they are not exploited by middlemen. This study was conducted in Gwagwalada town with the aim of assessing the socio-economic impact of scavenging on the people. A structured questionnaire was constructed to capture the demographic characteristics of the scavengers, their experiences, types of items scavenged, the economic gains and the challenges being faced. The target pollution is waste scavengers and a random sampling technique was adopted in selecting the respondents for …

Measuring Intellectual Capital In Corporations, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Mixed Reality Environment For Web-Based Laboratory Interactive Learning, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Modeling An Interactive Fms Scheduler Using Colored Petri Nets, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Studies On Taxonomy And Ecology Of Some Fish Larve From The Gulf Of Aqaba, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

تلخيص ونبذة عن كتاب الجراحة التجميلية في الجوانب القانونية والشرعية, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Quality Evaluation Of Reconstructed Biological Signals, American Journal Of Applied Sciences, 6 (1): 187-193, 2009., Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Guidelines For Teaching These Speech Acts, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Exploration And Impacts Of Utilizing Computerized Information Systems Field Study: At The Headquarters Of Jordanian Ministry Of Education, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Spatial Organization Of The International Tourism Flows In Jordan, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Eastern Michigan University Undergraduate Catalog, 2011-2012, Office Of The Registrar

Undergraduate Catalogs

No abstract provided.

Eastern Michigan University Undergraduate Catalog, 2011-2012, Office Of The Registrar

Undergraduate Catalogs

No abstract provided.

Eastern Ichigan University Graduate Catalog, 2011-2012, Office Of The Registrar

Graduate Catalogs

No abstract provided.

A Web-Based Learning Module For Teaching Gis Within The Context Of Environmental Engineering, Sirjana Dahal, Richard H. Hall, Glenn Morrison, Seth Paul Lamble, Ronaldo Luna

Business and Information Technology Faculty Research & Creative Works

There is a Growing Need for Teaching Geographical Information Systems (GIS) in Engineering Disciplines, Such as Environmental. However, There Has Been Limited Focus on GIS in Undergraduate Programs, Since It's Difficult to Fit a GIS Class into the Large Number of Class Requirements Already Included in Engineering Curricula. the Purpose of This Research is the Evaluation of Web-Based Learning Module Created by a Multidisciplinary Team at a Midwestern Technological Research University, Which Allows Instructors to Integrate GIS Instruction into Existing Courses. This Module is One Part of a Large-Scale National Science Foundation Funded Project in Which GIS Modules Are Being …

A Financial Impact Assessment Of Ld 1725: Stream Crossings Presentation, New England Environmental Finance Center

Economics and Finance

This report looks at the potential financial impact of LD 1725 on the estimated 30,000 stream crossings in the State of Maine that would be affected by the law. Our research for this report included the analysis of nearly 2000 stream crossings and the data collection necessary for the development of extensive stream crossing replacement cost models. We found that the 1.2 bankfull requirements in LD 1725 would result in a 75% ‐ 250% increase in structure widths for stream crossing projects across the state. An upsize of this magnitude would increase the cost of replacing stream crossings statewide by …

Research Statement, Pingkang Yu

Pingkang Yu

No abstract provided.

Research Statement, Pingkang Yu

Pingkang Yu

No abstract provided.

Alamat Toko Jual Minyak Lintah Papua Asli Di Banjarmasin Wa : 082 313 333 253, Aje Shop

Aje Shop Toko Onlen Terpercaya ( Wa : 082313333253 )

1. Cara …

Clustering Algorithm Identification System Using Wavelet Transform, Philadelphia University

Philadelphia University, Jordan

No abstract provided.