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The pure strategy equilibrium without filtering failure is characterized by (theta ^* = frac{1}{2}).
These two errors constitute the filtering failure of an insolvency procedure.
This paper addresses the individual incentives of a better-informed insolvency administrator as an additional source of filtering failure.
Under a fixed compensation scheme, the insolvency administrator's liquidation incentives are stronger and filtering failure occurs more often.
The dashed lines represent the no filtering failure regime, and the solid lines the payoffs under optimal creditor satisfaction.
(2) Can no filtering failure and optimal creditor satisfaction be implemented simultaneously by an appropriate compensation regime?
Similar(19)
Time to filter failure due to clotting was significantly greater p = 0.0015 (Figure 152) in the RCA group.
Moreover, a recent meta-analysis [69] showed no effect of continuous hemofiltration on mortality and dialysis dependence in AKI patients compared with hemodialysis; in contrast, continuous hemofiltration appeared to shorten time to filter failure by 7hh.
In Cognitive Surplus Clay Shirky reminds us "the issue today is not information overload, it is filter failure". What this means is, there is so much information out there, you need a strong filter and you need strong people around you to filter out what is most relevant in a sea of relevance.
Compared to hemodialysis, hemofiltration may increase clearance of medium to larger molecules, but may also shorten the time to filter failure.
Interestingly, hemofiltration appeared to shorten the time to filter failure and increased clearance of medium to larger molecules, including inflammatory cytokines, compared with hemodialysis, although almost no studies measured changes in serum concentrations.
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