3 problems

Let $y_l<y_u$ be the critical distress thresholds, let $b^*_{r+q}<y_l<b^*(y_l)$, and let $a(y)$ and $\underline{b}(y)$ define the additional action component…

Let $y_l<y_u$ be the lower and upper critical distress thresholds, and let $\mathcal{D}^{y}$ denote the action region for distress threshold $y$. For $y otin (yl,yu)$, no additiona…

Additional-action-region conjecture. For $y>y_l$, there could be an additional action region around the point $b^*_{r+q}$. The subsequent section proves this conjectured phenomenon…