A mathematical model for multi-name credit based on community flocking
Abstract
We present a new mathematical model for multi-name credit that employs stochastic flocking. Flocking mechanisms have been used in a variety of models of biological, sociological and physical aggregation phenomena. As a direct application of a flocking mechanism, we introduce a credit risk model based on community flocking for a credit worthiness index. Correlations between different credit worthiness indices are explained in terms of...
Paper Details
Title
A mathematical model for multi-name credit based on community flocking
Published Date
Feb 13, 2013
Journal
Volume
15
Issue
5
Pages
841 - 851
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