Heightened systematic risk in the credit crisis has created challenges to CDO pricing and risk management. One important focus has been on the modeling of stochastic recovery. Different approaches within the Gaussian Copula framework have been proposed, but a consistent model was lacking until the recent paper of Bennani and Maetz [6] which shifted the modeling from period recovery to spot reco...

‎‎we investigate graham higman's paper emph{enumerating }$p$emph{-groups}‎, ‎ii‎, ‎in which he formulated his famous porc conjecture‎. ‎we are able to simplify some of the theory‎. ‎in particular‎, ‎higman's paper contains five pages of homological algebra which he uses in‎ ‎his proof that the number of solutions in a finite field to a finite set of‎ ‎emph{monomial} equations is porc‎. ‎it turn...

The objective of this paper is to survey the Generalized Multi-Protocol Label Switching (GMPLS) based recovery technology for optical transport networks. This paper introduces standardization activities of the GMPLS based recovery technology in the Internet Engineering Task Force (IETF), and recent progress of related experiments. In addition, this paper extracts requirements for the GMPLS base...

With the integration of IT with business operations and management, organizations are vulnerable to a myriad of threats ranging from computer viruses to natural disasters and deliberate acts of sabotage. Consequently, IT disaster recovery has emerged as a critical organizational issue. This paper proposes an application portfolio-based framework for IT disaster recovery planning based on the ro...

A Bang-Bang Clock-Data Recovery (CDR) for 10 Gb/s optical transmission systems is presented. A direct modulated architecture is used for the design. Its loop characteristics can be derived using an analogy to 61 theory. The circuit was produced and measured in a commercial 0.25μm BiCMOS technology with a transition frequency fT=70 GHz.

There is considerable federal interest in disaster resilience as a mechanism for mitigating the impacts to local communities, yet the identification of metrics and standards for measuring resilience remain a challenge. This paper provides a methodology and a set of indicators for measuring baseline characteristics of communities that foster resilience. By establishing baseline conditions, it be...

This paper addresses a distributed storage management issue to implement a fault tolerant mobile computing system. Considering the mobile hosts vulnerable to the failure, the mobile computing system is desirable to be equipped with a proper recovery mechanism. However, in the mobile environment, the storages for the recovery information of a mobile host may be dispersed over the network as the ...

Information technology plays a pivotal role in defining the success of organizations. Given its importance, one might assume that modern organizations take steps to ensure the recovery of IT services following disasters. Unfortunately, this is rarely the case. To understand the variation in degree of IT disaster recovery planning, this research focused on those responsible for managing IT resou...