„Wir glauben, der Siegeszug der digitalen Technik habe innerhalb weniger Jahre alles revolutioniert: unsere Beziehungen, unsere Arbeit, die Demokratie. Aber jetzt dreht der Soziologe Armin Nassehi den Spieß um und zeigt, dass es immer schon technische Revolutionen gab. Nicht die...

A new procedure, called DD-procedure, is developed to solve the problem of classifying d-dimensional objects into q Ï 2 classes. The procedure is completely nonparametric; it uses q-dimensional depth plots and a very efficient algorithm for discrimination analysis in the depth space [0, 1]q ....

This paper proposes a rating methodology that is based on a non-linear classification method, the support vector machine, and a non-parametric technique for mapping rating scores into probabilities of default. We give an introduction to underlying statistical models and represent the results of...

In the era of Basel II a powerful tool for bankruptcy prognosis is vital for banks. The tool must be precise but also easily adaptable to the bank's objections regarding the relation of false acceptances (Type I error) and false rejections (Type II error). We explore the suitability of Smooth...