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Alfred Piggott 2012.05.31 Compressed Air Vehicle Comparison Diesel Electric Gasoline Thermal
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Discussion of “Systemic and Systematic risk” by Billio et al. and “CDS based indicators for systemic risk of Euro area sovereigns and for Euro area financial firms” by Lucas
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Outline 1. Stress – definition 2. 3 components of stress Frustration Conflict Pressure 3. 4 important factors Nature of the stress Perception of the stress.