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EOR
2007
90views more  EOR 2007»
14 years 10 months ago
Structural models in consumer credit
We propose a structural credit risk model for consumer lending using option theory and the concept of the value of the consumer’s reputation. Using Brazilian empirical data and ...
Fabio Wendling Muniz de Andrade, Lyn C. Thomas
EOR
2007
88views more  EOR 2007»
14 years 10 months ago
To ask or not to ask, that is the question
Applicants for credit have to provide information for the risk assessment process. In the current conditions of a saturated consumer lending market, and hence falling take rates, ...
Hsin-Vonn Seow, Lyn C. Thomas
EOR
2007
92views more  EOR 2007»
14 years 10 months ago
Modelling profitability using survival combination scores
The paper presents the first empirical investigation of the relationship between present value of net revenue from a revolving credit account and times to default and to second pu...
Galina Andreeva, Jake Ansell, Jonathan Crook
EOR
2000
115views more  EOR 2000»
14 years 9 months ago
An effective implementation of the Lin-Kernighan traveling salesman heuristic
This report describes an implementation of the Lin-Kernighan heuristic, one of the most successful methods for generating optimal or nearoptimal solutions for the symmetric travel...
Keld Helsgaun
EOR
2000
74views more  EOR 2000»
14 years 9 months ago
On the capacitated lot-sizing and continuous 0-1 knapsack polyhedra
We consider the single itemcapacitated lot{sizingproblem, a well-known productionplanningmodelthat often arises in practical applications, and derive new classes of valid inequali...
Andrew J. Miller, George L. Nemhauser, Martin W. P...