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WSC
2008
15 years 19 hour ago
Connecting the top-down to the bottom-up: Pricing CDO under a Conditional Survival (CS) model
In this paper, we use exact simulation to price CDO under a new dynamic model, the Conditional Survival (CS) model, which provided excellent calibration to both iTraxx tranches an...
Xian Hua Peng, Steven G. Kou
KR
1994
Springer
15 years 1 months ago
Risk-Sensitive Planning with Probabilistic Decision Graphs
Probabilistic AI planning methods that minimize expected execution cost have a neutral attitude towards risk. We demonstrate how one can transform planning problems for risk-sensi...
Sven Koenig, Reid G. Simmons
CONTEXT
2007
Springer
15 years 3 months ago
Risk Context Effects in Inductive Reasoning: An Experimental and Computational Modeling Study
Mechanisms that underlie the inductive reasoning process in risk contexts are investigated. Experimental results indicate that people rate the same inductive reasoning argument dif...
Kayo Sakamoto, Masanori Nakagawa
P2P
2006
IEEE
120views Communications» more  P2P 2006»
15 years 3 months ago
Risk Driven Semantic P2P Service Retrieval
In this paper, we present a novel approach, named RS2D, to risk driven semantic service query routing in unstructured, so called pure P2P networks. Following the RS2D protocol, ea...
Matthias Klusch, Ulrich Basters
CORR
2008
Springer
133views Education» more  CORR 2008»
14 years 9 months ago
Estimating divergence functionals and the likelihood ratio by convex risk minimization
We develop and analyze M-estimation methods for divergence functionals and the likelihood ratios of two probability distributions. Our method is based on a non-asymptotic variatio...
XuanLong Nguyen, Martin J. Wainwright, Michael I. ...