Through-the-Cycle EDF (TTC EDF) credit measures are one-year probabilities of default that are largely free of the effect of the aggregate credit cycle, primarily reflecting a firm's enduring, long-run credit risk trend. TTC EDF measures are useful in applications in which a stable PD input is...

A wide variety of theories across disciplines posit the existence of multiple inner preferences (selves, drives, or agents) within each person, whose conflicts must be resolved for a person to reach a decision. Despite their strong validity, these theories have not been incorporated into...

This article specifies, analyzes, and validates a rigorous and practical truth-telling mechanism (game) for conjoint applications. The mechanism requires only one real product variation and has truth telling in conjoint as its Bayesian Nash equilibrium, thus making it possible to incentive align...

pt. 1. Customs and traditions -- pt. 2. Social structure -- pt. 3. Marriage and family -- pt. 4. Needs, values, and aspirations -- pt. 5. World view -- pt. 6. Religion and belief -- pt. 7. Arts and entertainment -- pt. 8. Governing system -- pt. 9. Economic system -- pt. 10. Education system --...

The purpose of this volume is to explore sustainable innovation and “fair development” in China. It examines various existing problems currently faced in China, such as food safety, education, healthcare, employment, housing, the environment and censorship, among others, and provides...