The Single Resolution Mechanism, and its associated funding through the Single Resolution Fund, outlines a framework establishing the procedure for dealing with banks that are considered non-viable. Our experience with the successful resolution of 12 banks in Greece in the last few years has taught us that resolution mechanisms need efficient decision-making procedures which allow resolutions to take place quickly, typically over a weekend.
(Chart 3)  Evolution of Economics  Percentage Distributions of Methodology of Published Articles in Economics 100  (%)  Experiment 80  Empirical: own data 60  Empirical: borrowed data 40  Theory with simulation 20  Theory 0  CY1963  1973  Source: Hamermesh (2013).