This paper develops numerical approximations for pricing collateralized debt obligations (CDOs) and other portfolio credit derivatives in the multifactor Normal Copula model. A key aspect of pricing portfolio credit derivatives is capturing dependence between the defaults of the elements of the portfolio. But, compared with an independent-obligor model, pricing in a model with correlated defaul...

The main objective of this study is to investigate the structural features, magnetic behaviour, photocatalytic properties and blood compatibility NiFe2O4 nanoparticles (NPs) obtained by subnanosecond laser ablation in water. Structure size distribution NPs were studied using X-Ray Diffractometry (XRD) Transmission Electron Microscopy (TEM). evaluated photo-degradation Methylene Blue (MeB) dye u...

We extend marginal excess burden (MEB) analysis in public finance literature to a dynamic general equilibrium model with incomplete markets and heterogeneous households. This extension allows us quantitatively assess efficiency ranking incidence of taxes. Our results indicate disparity welfare cost distributional consequence different forms taxation on capital, labor consumption. According our ...

Support Vector Machines (SVM) have gained profound interest amidst the researchers. One of the important issues concerning SVM is with its application to large data sets. It is recognized that SVM is computationally very intensive. This paper presents a novel multi SVM classification approach for large data sets using the sketch of classes distribution which is obtained by using SVM and minimum...

Bu araştırma Milli Eğitim Bakanlığı (MEB) Anadolu liseleri müzik dersi öğretmen kılavuz kitaplarında yer alan türkülerin farklı değişkenler açısından incelenmesi amacıyla yapılmıştır. Çalışmada MEB tarafından yayımlanan kitaplarındaki türküler sözlerinde işlenen temalarına, ses aralıklarına, kayda alındıkları yöreye, o yörenin bulunduğu coğrafi bölgeye, makam dizilerine, ölçü/usül birimleri değ...