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EOR
2007
90views more  EOR 2007»
15 years 7 months ago
Structural models in consumer credit
We propose a structural credit risk model for consumer lending using option theory and the concept of the value of the consumer’s reputation. Using Brazilian empirical data and ...
Fabio Wendling Muniz de Andrade, Lyn C. Thomas
MANSCI
2006
63views more  MANSCI 2006»
15 years 7 months ago
Multiplicative Background Risk
Although there has been much attention in recent years on the effects of additive background risks, the same is not true for its multiplicative counterpart. We consider random wea...
Günter Franke, Harris Schlesinger, Richard C....
161
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MP
2006
97views more  MP 2006»
15 years 7 months ago
Subdifferential representations of risk measures
Measures of risk appear in two categories: Risk capital measures serve to determine the necessary amount of risk capital in order to avoid ruin if the outcomes of an economic acti...
Georg Ch. Pflug
157
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IIE
2007
68views more  IIE 2007»
15 years 7 months ago
Open Source Software in Slovenian Primary and Secondary Schools
Abstract. This article deals with the use of Open Source Software (OSS) at the primary and secondary level of education in Slovenia. The challenges and advantages of using OSS in e...
Mojca Tomazin, Miro Gradisar
SIAMSC
2008
188views more  SIAMSC 2008»
15 years 7 months ago
Adaptivity with Dynamic Meshes for Space-Time Finite Element Discretizations of Parabolic Equations
In this paper, we develop an error estimator and an adaptive algorithm for efficient solution of parabolic partial differential equations. The error estimator assesses the discreti...
Michael Schmich, Boris Vexler