Structural dynamic testing is concerned with estimation of system properties, including frequency response functions and modal characteristics. These properties are derived from tests on the structure of interest, during which excitations and responses are measured and Fourier techniques are...

This paper defines a set of banking stability measures which take account of distress dependence among the banks in a system, thereby providing a set of tools to analyze stability from complementary perspectives by allowing the measurement of (i) common distress of the banks in a system, (ii)...

Portfolio credit risk measurement is greatly affected by data constraints, especially when focusing on loans given to unlisted firms. Standard methodologies adopt convenient, but not necessarily properly specified parametric distributions or simply ignore the effects of macroeconomic shocks on...

This paper investigates the generalized parametric measurement methods of aggregate operational risk in compliance with the regulatory capital standards for operational risk in the New Basel Capital Accord ("Basel II"). Operational risk is commonly defined as the risk of loss resulting from...

The development of an approximate-reasoning (AR)-based model to analyze pretreatment options for high-level waste is presented. AR methods are used to emulate the processes used by experts in arriving at a judgment. In this paper, the authors first consider two specific issues in applying AR to...

In a market economy demands for commodities are met through various technologies and resources. Markets select the technologies and resources to meet these demands based on their costs. Over time, the competitiveness of different technologies can change due to the exhaustion of resources they...

Managers are often required to quickly and accurately estimate resource needs. At times, additional work can be absorbed without additional resources. At other times, threshold resource boundaries are exceeded requiring an additional quantum of a specific resource. Cost savings` estimates,...

The study of complex systems should be based on a systems-theoretic framework which requires both self-organizing and symbolic dimensions. An inclusive framework based on the notion of semiotics is advanced to build models capable of representing, as well as evolving in their environments, with...