Appraisals are needed for decision-making and for performance evaluation. Knowledge on the accuracy of valuation …

zu etablieren. Insbesondere bei der Bewertung von Unternehmensanleihen und Krediten wird diese Notwendigkeit deutlich …

Economists typically make simplifying assumptions to make the solution and estimation of their highly complex models … predictions of the model. We leverage the recent advancements in machine learning to develop a solution and estimation method … method is much more efficient than existing global solution methods and that the estimation converges to the true parameter …