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Carefully pieced together by author Stephen E. Massengill, Around Southern Pines: A Sandhills Album provides a fascinating and unique insight into life in the Sandhills area of North Carolina from the arrival of postcard photographer E.C. Eddy in 1907 to his retirement in 1945. The work includes not only portraits of such famous Americans as Lincoln Beachey, Gutzon Borglum, James Boyd, Annie Oakley, Donald Ross, and Walter J. Travis, but also views of ordinary citizens at work and play in Moore County. Chronicling such events as parades, fox hunts, golf tournaments, fairs and carnivals, slave reunions, and the first airplane flight in the county, Eddy's photographic collection presents a definitive account of life and expansion in the Sandhills during the first half of the twentieth century. From the resorts of Southern Pines and Pinehurst to the surrounding towns of Aberdeen, Carthage, Lakeview, and Pine Bluff, Eddy's images beautifully illustrate a rich period in American history.
From the late 1990s, the spectacular growth of a secondary market for credit through derivatives has been matched by the emergence of mathematical modelling analysing the credit risk embedded in these contracts. This book aims to provide a broad and deep overview of this modelling, covering statistical analysis and techniques, modelling of default of both single and multiple entities, counterparty risk, Gaussian and non-Gaussian modelling, and securitisation. Both reduced-form and firm-value models for the default of single entities are considered in detail, with extensive discussion of both their theoretical underpinnings and practical usage in pricing and risk. For multiple entity modellin...
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Research on animal learning and cognition has so far mainly focused on a few prominent model species, including primates, corvids and dogs. For years, comparative psychologists and ethologists have been suggesting that more animal species should be considered in comparative cognitive science. The abundance and accessibility of livestock offer an opportunity, not merely to extend the comparative approach, but also to deepen our knowledge of the mental lives of farm animals. Such approaches also help to assess the needs of farm animals, in order to improve their welfare. In recent years, scientific interest in different aspects of farm animal psychology, including emotionality, personality and...