Source URL (retrieved on 2017-08-10 21:52): http://www.inf.u-szeged.hu/munkatarsaknak/dohanyzasi-rend Links: [1] http://www.inf.u-szeged.hu/../sites/default/files/munkatarsaknak/1999-evi-trv.pdf [2] http://www.inf.u-szeged.hu/../sites/default/files/munkatarsaknak/2009-evi-rendelet.pdf [3] http://www.inf.u-szeged.hu/../sites/default/files/munkatarsaknak/Fotitkari_Tajekoztato_a_dohanyz as_szabaly...

We address the problem of introducing preferences into default logic. Two approaches are given, one a generalisation of the other. In the first approach, an ordered default theory consists of a set of default rules, a set of world knowledge, and a set of fixed preferences on the default rules. This theory is transformed into a second, standard default theory, where, via the naming of defaults, ...

This paper generalizes Moody's correlated binomial default distribution for homogeneous (exchangeable) credit portfolio, which is introduced by Witt, to the case of inhomogeneous portfolios. As inhomogeneous portfolios, we consider two cases. In the first case, we treat a portfolio whose assets have uniform default correlation and non-uniform default probabilities. We obtain the default probabi...

One of the main problems in credit risk management is the correlated default. In large portfolios, computing the default dependencies among issuers is an essential part in quantifying the portfolio's credit. The most important problems related to credit risk management are understanding the complex dependence structure of the associated variables and lacking the data. This paper aims at introdu...