Removing the Hazard of Fedwire Daylight Overdrafts
分析了三种美联储日间透支定价方案的效果，指出减少道德风险的关键在于定价如何影响透支行为，而非影响程度，并以此作为选择方案的依据。
An analysis of the potential effects of three recent proposals for pricing Federal Reserve daylight overdrafts, demonstrating that reducing the attendant moral hazard in daylight overdraft credit depends on how, rather than on how much, pricing affects overdrafts, and that this should be a criterion for choosing among the pricing proposals.