Determination of credit portfolio loss distributions is essential for the valuation and risk management of multiname credit derivatives such as CDOs. The default time model has re...
In this paper, we introduce a method for approximating the solution to inference and optimization tasks in uncertain and deterministic reasoning. Such tasks are in general intract...
We study two-layer belief networks of binary random variables in which the conditional probabilities Pr childjparents depend monotonically on weighted sums of the parents. In larg...
The achievable rate of digital communications systems can strongly depend on the analog-to-digital conversion at the receiver. It is hence important to adjust the gain control at ...
Asian options have payoffs that depend on the average price of the underlying asset such as stocks, commodities, or financial indices. As exact closed-form formulas do not exist...