5,035 research outputs found
Operations research in consumer finance: challenges for operational research
No full textConsumer finance has become one of the most important areas of banking both because of the amount of money being lent and the impact of such credit on the global economy and the realisation that the credit crunch of 2008 was partly due to incorrect modelling of the risks in such lending. This paper reviews the development of credit scoring,-the way of assessing risk in consumer finance- and what is meant by a credit score. It then outlines ten challenges for Operational Research to support modelling in consumer finance. Some of these are to developing more robust risk assessment systems while others are to expand the use of such modelling to deal with the current objectives of lenders and the new decisions they have to make in consumer financ
Structural Geology of the Cariboo Gold Mining District, East-Central British Columbia:
Full text linkL.C. Struik.Memoir (Geological Survey of Canada) ; 421
Optimal score cutoffs and pricing in regulatory capital in retail credit portfolios
No full textThis paper addresses the risk cutoff policies of a retail bank whose objectives are to maximize return on equity for shareholders and live within regulatory capital requirements, such as those of the Basel Capital Accord, to meet unexpected default losses. It investigates the changes that have to be made in the operating decision of which applicants for loans to accept and which to reject because of the changes in the financial regulations imposed on the bank. It is assumed that portfolios consist entirely of consumer credit accounts (mortgages, auto loans, revolving credit etc) for which acquisition risk scores are available to the lender and regulator. The solutions that we obtain not only yield an optimal cutoff score for default risk but also optimal pricing conditions for additional equity capital in the event that the existing level can not satisfy the regulatory requirements. The paper concludes with several numerical examples illustrating the effects of current and proposed Basel regulations. We believe that some important insights are derived from this formulation linking the financial variables such as the lending and borrowing rates, and the debt and equity structure of the lender and the operational decisions of which level of risk to set as the cutoff in the consumer credit portfolios
Governor Lee at Hotel Vernal
No full textGovernor J. Bracken Lee spoke to a group at Hotel Vernal during a visit about transportaion. The other man is unidentified
Angora goats, Startup, 1911
No full textCaption on image: Thoroughbred Angora's owned by H.L. and L.C. Bartlett, Startup, Wn. Picket Photo Co. 1232To order a reproduction, inquire about permissions, or for information about prices see:
http://www.lib.washington.edu/specialcollections/services/reproduction/reproduction
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A 0.53pJK<sup>2</sup> 7000μm<sup>2</sup> resistor-based temperature sensor with an inaccuracy of ±0.35°C (3σ) in 65nm CMOS
No full textIn microprocessors and DRAMs, on-chip temperature sensors are essential components, ensuring reliability by monitoring thermal gradients and hot spots. Such sensors must be as small as possible, since multiple sensors are required for dense thermal monitoring. However, conventional BJT-based temperature sensors are not compatible with the sub-1V supply of advanced processes. Subthreshold MOSFETs can operate from lower supplies, but at high temperatures their performance is limited by leakage [1,2]. Thermal diffusivity (TD) sensors achieve sub-1V operation and small area with moderate accuracy, but require milliwatts of power [3]. Recently, resistor-based sensors based on RC WienBridge (WB) filters have realized high resolution and energy efficiency [4,5]. Fundamentally, they are robust to process and supply-voltage scaling. However, their readout circuitry has been based on continuous-time (CT) ΔΣ ADCs or frequency-locked loops (FLLs), which require precision analog circuits and occupy considerable area (>0.7mm 2 ).Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.Microelectronic
Lee Wilkins and A. W. Shepherd at Jr. Livestock Show
No full textLee Wilkins and buyer A. W. Shepherd stand behind the Grand Champion steer Lee entered in the Jr. Livestock Show. An audience sits in the background at the Uintah County Fairgrounds
Lee Wilkins With Grand Champion Steer
No full textLee Wilkins stands with his Grand Champion Steer he won during the Jr. Livestock Show
Angora goats, Startup, 1911
No full textCaption on image: 3 Thoroughbred Angora's owned by H.L. and L.C. Bartlett Startup Wn. Pickett Photo Co. Index 1236To order a reproduction, inquire about permissions, or for information about prices see:
http://www.lib.washington.edu/specialcollections/services/reproduction/reproduction
Please cite the Order Numbe
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