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 ...

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, ...

This is a preview. Log in through your library . Abstract We examine large-sample properties of cross-validation for estimating cell probabilities, starting from a completely general measure of loss.

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 ...