Estimation of probability of default (PD), loss given default and exposure at default for portfolio segments containing reasonably homogeneous assets is essential for prudent risk management as well ...

This is a preview. Log in through your library . Abstract The estimation problem is studied for a new two-parameter family of life length distributions which has been previously derived from a model ...

A common technique for eliciting subjective probabilities is to provide a set of exclusive and exhaustive events and ask the assessor to estimate the probabilities of such events. However, such ...

Nonparametric methods provide a flexible framework for estimating the probability density function of random variables without imposing a strict parametric model. By relying directly on observed data, ...

Common ordinal models, including the ordered logit model and the continuation ratio model, are formulated by a common score (ie, a linear combination of given explanatory variables) plus rank-specific ...

According to a group of mathematics researchers, the probability in the following decade of the sun causing a storm strong enough to affect electrical and communication infrastructures around the ...