Banking is a risk and return business; in order to obtain the desired returns, banks are required to take on risks. Following the demise of Lehman Brothers in September 2008, the Basel III Accord proposed considerable increases in capital charges for banks. Whilst this ensures greater economic stability, banks now face an increasing risk of becoming capital inefficient. Furthermore, capital analysts are not only required to estimate capital requirements for individual business lines, but also for the organization as a whole. Copulas are a popular technique to model joint multi-dimensional problems, as they can be applied as a mechanism that models relationships among multivariate distributions. Firstly, a review of the Basel Capital Accord will be provided. Secondly, well known risk measures as proposed under the Basel Accord will be investigated. The penultimate chapter is dedicated to the theory of copulas as well as other measures of dependence. The final chapter presents a practical illustration of how business line losses can be simulated by using the Gaussian, Cauchy, Student t and Clayton copulas in order to determine capital requirements using 95% VaR, 99% VaR, 95% ETL, 99% ETL and StressVaR. The resultant capital estimates will always be a function of the choice of copula, the choice of risk measure and the correlation inputs into the copula calibration algorithm. The choice of copula, the choice of risk measure and the conservativeness of correlation inputs will be determined by the organization’s risk appetite. / Sc (Applied Mathematics), North-West University, Potchefstroom Campus, 2014

Neuropeptides are special in their expression profiles restricted to neuronal subpopulations and low tissue mRNA levels. Genetic, epigenetic and transcriptional mechanisms that define spatiotemporal expression of the neuropeptide genes have utmost importance for the formation and functions of neural circuits in normal and pathological human brain. This thesis focuses on regulation of transcription of the opioid/nociceptin genes, the largest neuropeptide family, and on identification of adaptive changes in these mechanisms associated with alcoholism as model human pathology. Two epigenetic mechanisms, the common for most cells in the dorsolateral prefrontal cortex (dlPFC) and the neuron-subpopulation specific that may orchestrate prodynorphin (PDYN) transcription in the human dlPFC have been uncovered. The first, repressive mechanism may operate through control of DNA methylation/demethylation in a short, nucleosome size promoter CpG island (CGI). The second mechanism may involve USF2, the sequence–specific methylation–sensitive transcription factor which interaction with its target element in the CpG island results in USF2 and PDYN co-expression in the same neurons. The short PDYN promoter CGI may function as a chromatin element that integrates cellular and environmental signals through changes in methylation and transcription factor binding. Alterations in USF2–dependent PDYN transcription are affected by the promoter SNP (rs1997794: T>C) under transition to pathological state, i.e. in the alcoholic brain. This and two other PDYN SNPs that are most significantly associated with alcoholism represent CpG-SNPs, which are differentially methylated in the human dlPFC. The T, low risk allele of the promoter SNP forms a noncanonical AP-1–binding element. JUND and FOSB proteins, which may form homo- or heterodimers have been identified as dominant constituents of AP-1 complex. The C, non-risk variant of the PDYN 3′ UTR SNP (rs2235749 SNP: C>T) demonstrated significantly higher methylation in alcoholics compared to controls. PDYN mRNA and dynorphin levels significantly and positively correlated with methylation of the PDYN 3′ UTR CpG-SNP suggesting its involvement in PDYN regulation. A DNA–binding factor with differential binding affinity for the T allele and methylated and unmethylated C alleles of the PDYN 3′ UTR SNP (the T allele specific binding factor, Ta-BF) has been discovered, which may function as a regulator of PDYN transcription. These findings emphasize the complexity of PDYN regulation that determines its expression in specific neuronal subpopulations and suggest previously unknown integration of epigenetic, transcriptional and genetic mechanisms that orchestrate alcohol–induced molecular adaptations in the human brain. Given the important role of PDYN in addictive behavior, the findings provide a new insight into fundamental molecular mechanisms of human brain disorder. In addition to PDYN in the dlPFC, the PNOC gene in the hippocampus and OPRL1 gene in central amygdala that were downregulated in alcoholics may contribute to impairment of cognitive control over alcohol seeking and taking behaviour.

Cooperative breeding is a phenomenon whereby breeding and nonbreeding individuals collectively provision young. Nonbreeding group members ("helpers'') may gain indirect and/or direct fitness benefits by breeding in a group, but there has been conflicting evidence regarding the benefits to breeders. In fact, the presence of helpers may sometimes be detrimental to aspects of breeder fitness. For example, in some species of the chiefly Australian genus Malurus, breeding males with helpers have lower within-pair paternity than do males without helpers. Additionally, indirect benefits to breeding males are often limited by low relatedness to their helpers due to high extrapair paternity rates, and helpers often appear to have minimal impact on breeder reproductive success. However, the presence of helpers may allow breeding males to shift their behaviors from guarding and provisioning young to alternative behaviors that affect other components of fitness, such as extraterritory forays (which might increase extrapair mating success) and self-maintenance (which might increase survival). We investigated these possibilities in the facultatively cooperative Red-backed Fairywren (Malurus melanocephalus). Males with helpers spent significantly less time engaging in guarding behaviors and provisioning of young than did those without helpers, but there was no difference in the frequency of extrapair forays nor the number of young sired by males with vs. without helpers. Additionally, the decreased investment in nesting behaviors did not result in consistently higher survival, but may have increased survival in some years. Overall, the results of this study did not suggest any strong direct fitness benefits to breeding males, which may indicate that the costs of retaining helpers are negligible relative to the indirect benefits of helping a potentially related male.

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Enrollment management practices, principles, and administrative structure are changing the behavior of the contemporary university. Through an examination of public Carnegie Research Intensive and Extensive universities in states anticipating growth in the high school graduate population, the study seeks to provide a greater understanding of enrollment management. The theoretical lenses of institutional theory (DiMaggio & Powell, 1983), resource dependence (Tolbert, 1985), and academic capitalism (Slaughter & Leslie, 1997; Slaughter & Rhoades, 2004), are employed to develop a new view of administrative behavior in current enrollment management organizations. In depth interviews with the individuals leading enrollment efforts at selected universities identify the enrollment manager as an administrator, educator, and entrepreneur. These individuals operate in complex political environments balancing their personal educational philosophies with the needs of their universities. Comprehensive reviews of the strategic enrollment plans at study universities reveal three main goals across all institutions: maintaining financial stability, increasing student and institutional quality, and increasing student diversity. Administrative behavior shows that all three goals are not treated equally and that revenue enhancement activities are prioritized. The administrative behaviors detailed in this study suggest a new ideology related to revenue enhancement for public higher education in the United States.

Dendrochronologists have used the presence of spiral grain as an indicator of old trees for most of the history of the field, although this relationship has been little studied. We examined cross-sections from dead trees and used a 12-mm Haglof Swedish Increment borer to collect cores from living white oak (Quercus alba L.) trees in an Eastern Deciduous Forest stand in southwestern Illinois. Spiral grain is the alignment of wood fibers to the longitudinal axis of trees and is driven by patterns of initial cambial cell division. In this study, we examine environmental factors that may affect spiral grain severity, the usefulness of non-destructive sampling methods (using the 12-mm increment borer), and the relationship between tree age and spiral grain. We tested Brazier’s method (1965) of averaging the spiral grain angle from two radii taken 180 degrees apart (i.e. one diameter in the tree) to get representative grain angles for the whole circumference of a tree at a certain height. The 12-mm increment borer did not produce consistent results in this study; therefore, the collection of cross-sections is advised for the study of spiral grain in white oaks. Brazier’s method should not be used in white oaks and should not be applied universally to all tree species. The severity of spiral grain is expressed in the xylem and may not be expressed in the bark of the tree. Left spiral grain does generally increase in white oaks with age, although this relationship is not always consistent, so a tree without severe spiral grain is not necessarily young.

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