"This book explains the potential hazards of petroleum engineering activities, emphasizing risk assessments in drilling, completion, and production, and the gathering, transportation, and storage of hydrocarbons"--Provided by publisher.

We examine whether the economy can be insured against banking crises with deposit and loan contracts contingent on macroeconomic shocks. We study banking competition and show that the private sector insures the banking system through such contracts, and banking crises are avoided, provided that...