In this paper, we introduce some insurance loss models within a Markov process framework. We start by introducing a univariate risk process in which the claims arrives according to a Markovian arrival...

【Speaker】Wang Qi   Assistant Professor National University of Singapore 【Topic】Trade-Off between Hard and Soft Information in Bank Lending 【Location】Room 335, Weilun Building, Tsinghua SEM 【Hos...

tariffs on U.S. imports of intermediate goods. We develop a model in which firms influence the government by transmitting information about the value of protection, using verbal messages and lobbying ...

【Abstract】CRM (Customer Relationship Management) is a set of strategies that enterprises use to better understand and serve customers, and build a long-term profitable relationship with customers.  ...

Each age has evolved its signature empirical methods for refining their craft. The 21st century is still in search of a signature paradigm.  But surely it will involve networks for physical transport ...

On average, straddles on individual stocks earn significantly negative returns: daily holding period return is -0.19% and weekly holding period return is -2.09%. In sharp contrast, straddle returns ar...

The ability to predict consumer choices is essential in understanding the demand structure of products and services. Typical discrete choice models that are targeted at providing an understanding of t...