Positively discriminating

Discriminating Perception

Thinking positively

How to come up with numerical PD estimates if there are no default observations? Katja Pluto and Dirk Tasche propose a statistically based methodology to derive non-zero probabilities of default for credit portfolios with none or very few observed defaults. Their most prudent estimation principle delivers results for any desired degree of conservatism, and can be applied to both uncorrelated an...

Discriminating between Different Pathways

Discriminating IT Governance

T information technology (IT) governance literature predominantly explains firms’ IT governance choices, but not their strategic consequences. We develop the idea that a firm’s IT governance choices induce adeptness at strategically exploiting IT only when they are discriminatingly aligned with its departments’ knowledge outside their specialty. Discriminating means that governing the two under...

Discriminating Groups of Organisms

A common problem in morphometric studies is to determine whether, and in what ways, two or more previously established groups of organisms differ. Discrimination of predefined groups is a very different problem than trying to characterize the patterns of morphological variation among individuals, and so the kinds of morphometric tools used for these two kinds of questions differ. In this paper ...