Credit Risk Modeling: Design and Application

Average customer rating:

A good apologia for FICO

This is a very good update of the field

Basic but good.

Ray Draper

attractive title with little substance

Credit Risk Modeling: Design and Application

Manufacturer: Global Professional Publishing
ProductGroup: Book
Binding: Hardcover

Money & Monetary Policy | Economics | Business & Investing | Subjects | Books
General | Business & Investing | Subjects | Books
General | Accounting | Industries & Professions | Business & Investing | Subjects | Books
Banks & Banking | Industries & Professions | Business & Investing | Subjects | Books
General | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
Similar Items:

Credit Risk Scorecards: Developing and Implementing Intelligent Credit Scoring (Wiley and SAS Business Series)

Credit Scoring For Risk Managers: The Handbook For Lenders

Handbook of Credit Scoring

Credit Scoring & Its Applications (Monographs on Mathematical Modeling and Computation)

Managing a Consumer Lending Business

ASIN: 1888998385

Book Description

Covers:
· Implementing an application scoring system
· Behavior modeling to manage your portfolio
· Incorporating economic factors
· Statistical techniques for choosing the optimal credit risk model
· How to set cutoffs and override rules
· Modeling for the sub-prime market
· How to evaluate and monitor credit risk models

This is an indispensable guide for credit professionals and risk managers who want to understand and implement modeling techniques for increased profitability. In this one-of-a-kind text, experts in credit risk provide a step-by-step guide to building and implementing models both for evaluating applications and managing existing portfolios.

Customer Reviews:

A good apologia for FICO.......2002-11-04

This book describes how the US mortgage and credit card industries approach modeling, from the industry standard practioners point of view. It is best read by those familiar with the industry. It ignores the potential of current thinking outside industry standard practices. However, everyone interested in the subect needs to know the way FICO does it; they are the standard.

This is a very good update of the field.......2001-01-29

The title says "Design and Application"; the book serves the title very well. Concise, loaded with different angles. Some writers' names are big in other fields. Surprisingly, a good economist's review is also included, Mark Z's. I once reviewed about 90 relevant publications in the credit scoring field for my thesis project. One impression was the literature was fragmented and heavily European oriented. This book clearly interests me more as it relates to American experience more.

The title does not say "Theory and application". So I don't complain about its "lack of substance". I don't believe either it is for beginners. Design is related to science, but design is often more an art than science; I don't expect it to be a theoretic tome. It is more like a "programmer's pocket book". So certain level of prerequistion and experience will max out the benefits for the reader.

I look forward to seeing another update.

Basic but good........2000-09-26

I agree with everyone else, but they are comming from a different point of view than the person that would benefit from this book.

This book is very nicely done for the beginner who wants to read his first book on credit risk.

Even for me I found some information in it that was extremely beneficial; it will probbaly save our corporation a great deal of money.

Ray Draper.......2000-03-30

This is really a collection of very general personal reports on things to consider when designing a scoring system. For practical application I think it has limited scope.

attractive title with little substance.......1999-06-15

The title of the book uses the buzz words "credit risk" to attract readers. However, the papers collected in the book are not very deep and the coverage is very restricted. There is not much theory offered, nor is there any rigorous empirical work done. Not recommended for purchase, a browse maybe OK.

Book Description

Recorded history is a finely-woven magic fabric of intricate lies about events predating the sixteenth century. There is not a single piece of evidence that can be reliably and independently traced back earlier than the eleventh century. This book details events that are substantiated by hard facts and logic, and validated by new astronomical research and statistical analysis of ancient sources.

Customer Reviews:

Calculations are only as good as your numbers.......2007-08-03

Yes, we can all agree that mainstream history is nearly 100% BS due to politics, economics, ego, problems with dating techniques, and various conspiracies. Agreed. But, I've been researching the distinct possibility that human history (in terms of civilizations) are much more ancient than we've been told, so coming across this book was very interesting to me. I wondered how Fomenko could be wrong (if at all) because he is very persuasive in his presentations. Then it dawned on me. If at previous times in prehistory, due to the various catastrophies that are well documented (comets, asteroids, planetary disruptions, plasma discharge, pole reversals, etc) the Earth was in a different position in relation to the sun, different tilt on its axis, different orbit, different rotation (in terms of velocity and DIRECTION), and the continents were in different positions, then would this not cause the ancients to see the sky (constellations) differently? In other words, is Fomenko making erronious assumptions about the physics of the Earth in pre-history, which then corrupt his data with regards to dating the relevant astrology? The last event to seriously disrupt our planet occured roughly 3500 years ago, according to other good researchers, so is it possible Fomenko has been confused by this? The vastly different physics of our planet in the not so distant past may explain this confusion, which is not to say the "mainstream" version of history is correct; on the contrary. I am not an expert in these fields, but wanted to see if this idea could spark discussion.

Pants on fire?.......2007-07-19

Will people ever read before spamming? Yes, Jesuits could not rewrite world history alone, they had help. Anyway, Dr Prof Acad A.Fomenko does not point to jesuits as the driving force of world wide history manipulation in published volumes 1,2,3;, actually he barely mentions the poor devils. Check it with 'Search inside' feature, please. China is rarely mentioned either, in fact, Dr Fomenko is completely eurocentric. Right, his theory contradicts all mainstream schools of history, because in their actual state they are all built on blatantly erroneus chronology. You don't need a mysterious cabal (conspiracy) to falsify history, the falsification is its modus operandi. It is inherent to history(ians) to falsify (distort) events, as it is inherent to humans to boast as it is inherent to power (authority) to legimize itself by referrring to glorious past made to its own order. Dr Prof Fomenko and team have identified scores of instances of such manipulation in Russian, European, etc.. history, and delivered valid statistical proof thereof. His own 'reconstruction' is completely another story. Forget c14 as a valid method of dating. W.Libby has initially discovered a brilliant method of INDEPENDENT dating. Too bad, c14 method has become a joke after a forced marrige with dendrochronology with consensual chronological scale inbuilt. Radiocarbon method can't stand blind tests, but is so very productive as a rubberstamp.

Accepted History & Chronology Must Be Changed. .......2007-04-09

There is no doubt that history as most know it is a sham, & institution's version of History both University & Church is fradulent & inaccurate. Everything was established with an agenda, The real "Dark Ages" are now when we have access to incredible amounts of information past authorities & more important 'common folk' didn't have but our institutions & educators are slow to evolve because of what has ignorantly & arrogantly been taught for too long. This is on many subjects not just Chronology.

For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.

Very Interesting.......2007-03-07

It is a good proposal and I believe it will mature into something even better in the future. I think it deserves to be read.

History as Science Fiction.......2007-01-10

Anatoly Fomenko has written a very intriguing book, full of pictures, charts, and computer 'proof' of his thesis: backwards of AD900 we don't really know what happened or when. Between AD900 and AD1600 there is more certainty, but there is still a lot of fuzzy ground, and things don't get reliable until we get past the 1600's where the printing press made it very difficult for the perpetrators of this timeline manipulation to change anything that had been committed to print. The Dark Ages did not happen. Books were burned for a reason. One organization has doubled the actual length of its existence by expanding the real chronology. Read why.

I had always wondered why Christ died about AD33 and yet men waited until the 11th century to form the Knights Templar, the Cathars, etc and go after the Holy Land by force. Why the 1000 year gap? Turns out there wasn't more than a 10-12 year gap and he proves it using astronomy. This also implies that the planet is not as old as we have been told, and current Christian and other creationist scientists are already championing that idea without being aware of Fomenko's book. The two groups, creationist scientists and the Russian mathematical analysts corroborate each other. Fascinating.

Of course, all this flies in the face of what we have been told traditionally is the 'proper' chronology of western civilization, and most readers will experience 'cognitive dissonance' in reading this book. It means that our history going backwards from AD1600 becomes progressively more incorrect and unreliable until it cannot be trusted at all... in the space of 700-800 years.

Naturally, the curious, open-minded reader will want to know WHO did this, WHY, and did any of the events we think of as really ancient ever happen?
Dr. Fomenko is a respected scientist/mathematician at Moscow State University who has already answered these questions to the satisfaction of his initially skeptical colleagues. Most of them are now believers, a few still refuse to believe (the usual diehards), and of course the western press has ignored Fomenko's work -- for obvious reasons when you read the book. The ones who perpetrated this chronology ruse have a lot to answer for. They are still with us. That's why this book is a well-kept secret.

I gave the book a 4-star rating because I was unable to check out some of his claims; those I checked were as he said. But if even 1/3 of his claims are true, this punches a big hole in what we think is our history, the meaning of western civilization, our educational process (for repeating the ruse as gospel), and the trustworthiness of the organization that perpetrated this ruse, well-intentioned or not.

This book relates to current research into a Young Earth paradigm, to John Keel's discoveries about our planet, and Fr Malachi Martin's insights (in his now out-of-print books). We are indeed sheep who are manipulated and kept ignorant -- for a reason. While knowing what these men have to say may be the "booby prize" (as in: 'what can you do with this knowledge?'), it will provide interesting reading. Didn't someone say: "...and the Truth will set you free."?? For you to judge if this book contains the truth.

Average customer rating:

Life within the Sun's atmosphere

Sun, Earth and Sky
Kenneth R. Lang
Manufacturer: Springer
ProductGroup: Book
Binding: Hardcover

Astronomy | Astronomy | Science | Subjects | Books

Astrophysics & Space Science | Astronomy | Science | Subjects | Books

Geophysics | Earth Sciences | Science | Subjects | Books

General | Science | Subjects | Books

All Amazon Upgrade | Amazon Upgrade | Stores | Books

Professional & Technical | Amazon Upgrade | Stores | Books

Science | Amazon Upgrade | Stores | Books

All Titles | Qualifying Textbooks - Fall 2007 | Stores | Books

Professional | Qualifying Textbooks - Fall 2007 | Stores | Books

Science | Qualifying Textbooks - Fall 2007 | Stores | Books
Similar Items:

ASIN: 0387304568

Book Description

This Second Edition of Sun, Earth and Sky updates the popular text by providing comprehensive accounts of the most recent discoveries made by five modern solar spacecraft during the past decade. Their instruments have used sound waves to peer deep into the Sun’s inner regions and measure the temperature of its central nuclear reactor, and extended our gaze far from the visible Sun to record energetic outbursts that threaten Earth. Breakthrough observations with the underground Sudbury Neutrino Observatory are also included, which explain the new physics of ghostly neutrinos and solve the problematic mismatch between the predicted and observed amounts of solar neutrinos. This new edition of Sun, Earth and Sky also describes our recent understanding of how the Sun’s outer atmosphere is heated to a million degrees, and just where the Sun’s continuous winds come from. As humans we are more intimately linked with our life-sustaining Sun than with any other astronomical object, and the new edition therefore provides modern interpretations of ozone depletion and global warming that are related to both the Sun and to human activities. Written in a light and friendly style, this lavishly illustrated book introduces the Sun and its physics, and describes all aspects of the Sun’s interaction with us on Earth.

Customer Reviews:

Life within the Sun's atmosphere.......2003-02-10

Celebrate Sun-Earth Day on March 18th by reading this very accessible and beautiful book by Tufts University Astronomy Professor Kenneth R. Lang. (Science teachers if you're not already familiar with Sun-Earth Day, check out NASA's website at sunearth.gsfc.nasa.gov. The theme this year is 'Live from the Aurora').

A relatively small-scale transient event on our Sun could mean life or death on Earth. "Sun, Earth and Sky" will teach you about sunspots, solar flares, and coronal mass ejections: chunks of the Sun's outer atmosphere that blow off into space and can strike the Earth, causing aurorae and disrupting power grids and satellite communications. We humans actually live within the Sun's atmosphere, so it should come as no surprise that this medium-size star plays a dominant role in our lives. One of this book's main themes, as can be guessed from its title, is the interaction between the Sun and the Earth's atmosphere through radiation and high-energy particles.

As with all astronomy texts, "Sun, Earth and Sky" went out-of-date immediately after publication in 1995 and does not contain recent discoveries such as solar tornadoes (first imaged by SOHO in 1998), the Solar Max 2000 research, or the data from RHESSI (Reuven Ramaty High Energy Solar Spectroscopic Imager) space probe, launched in early 2002. However, that's no excuse not to read this book. I originally bought it to learn more about the interaction between solar flares and the Earth's magnetosphere (very lucidly explained), but soon found myself leafing through it just to look at the beautiful pictures (133 including 61 in color).

Dr. Lang starts out by describing the Sun as a cosmic laboratory--a site to test physical theories under conditions not readily attainable on Earth. He proceeds painlessly, i.e. without too much math or nuclear physics, to describe the inner Sun, "an unseen world of perpetual change and cosmic violence." Along with more standard illustrations, he also includes paintings by Turner and Monet. His chapters on the violent, visible solar phenomena such as CME (coronal mass ejections) are among the most interesting in the book.

And who would have guessed that we haven't yet solved the puzzle of the Sun's million-degree corona, even though its temperature has been known since the late nineteenth century.

As Dr. Lang approaches Earth he drills down into such topics as our planet's magnetosphere, our atmosphere and its vanishing ozone, and the effect that an 'inconstant sun' has on our well-being--indeed, on our very survival as a species.

I highly recommend "Sun, Earth and Sky" to anyone who is interested in a thorough grounding in solar astronomy.

Customer Reviews:

You Must Read This Book! It'll change your outlook on life!.......1997-11-01

One of the most sincerely written books I have laid my eyes on. A book of love lived, lost and survived. A clear perception of love's experiences throughout one's life, codified into compelling poems and verse. These snapshots of love pull your heart strings, yet are not mushy; a resignation that clearly states "better to have loved and lost than not to have loved at all." No holds barred, this author has opened the windows of his heart for all to see in. I read this book twice in one night and I didn't even realize that I did! You won't be sorry you read this book.

Average customer rating:

Sun, Earth and Sky.
Kenneth R. Lang
Manufacturer: Publisher Unknown
ProductGroup: Book
Binding: Hardcover
ASIN: B000UFZG8Q

Sun, earth, and sky: Ideas for a new city

Average customer rating:

Sun, earth, and sky: Ideas for a new city
Allan J Gelbin
Manufacturer: A.J. Gelbin
ProductGroup: Book
Binding: Unknown Binding

General | Architecture | Professional & Technical | Subjects | Books

Landscape | Architecture | Professional & Technical | Subjects | Books
ASIN: 0962282707

Illuminiation from sun and sky: In the neighborhood of Stockholm in 1928 (Meddelanden från Staten Meteorologisk-Hydrografiska Anstalt)

Average customer rating:

Illuminiation from sun and sky: In the neighborhood of Stockholm in 1928 (Meddelanden fraÌŠn Staten Meteorologisk-Hydrografiska Anstalt)
T. E AureÌn
Manufacturer: Kungl. Boktryckeriet, P.A. Norstedt & SoÌˆner
ProductGroup: Book
Binding: Unknown Binding
ASIN: B0008BUYGG

Measurements and estimates of sky brightness for all altitudes of the sun for various altitudes of the observer above the surface of the earth (NRL report)

Average customer rating:

Measurements and estimates of sky brightness for all altitudes of the sun for various altitudes of the observer above the surface of the earth (NRL report)
E. O Hulbert
Manufacturer: Naval Research Laboratory
ProductGroup: Book
Binding: Unknown Binding
ASIN: B0007H49HG

Average customer rating:

Our life within the Sun's atmosphere

Sun, Earth and Sky.

Manufacturer: 0
ProductGroup: Book
Binding: Hardcover
ASIN: B000IBWC52

Customer Reviews:

Our life within the Sun's atmosphere.......2007-01-07

Celebrate our lives within the Sun's atmosphere by reading this very accessible and beautiful book by Tufts University Astronomy Professor Kenneth R. Lang. (For up-to-date information, check out NASA's website at sunearth.gsfc.nasa.gov.)

A relatively small-scale transient event on our Sun could mean life or death on Earth. "Sun, Earth and Sky" will teach you about sunspots, solar flares, and coronal mass ejections: chunks of the Sun's outer atmosphere that blow off into space and can strike the Earth, causing aurorae and disrupting power grids and satellite communications. We humans actually live within the Sun's atmosphere, so it should come as no surprise that this medium-size star plays a dominant role in our lives. One of this book's main themes, as can be guessed from its title, is the interaction between the Sun and the Earth's atmosphere through radiation and high-energy particles.

As with all astronomy texts, "Sun, Earth and Sky" went out-of-date immediately after publication in 1995 and does not contain recent discoveries such as solar tornadoes (first imaged by SOHO in 1998), the Solar Max 2000 research, or the data from RHESSI (Reuven Ramaty High Energy Solar Spectroscopic Imager) space probe, launched in early 2002. However, that's no excuse not to read this book. I originally bought it to learn more about the interaction between solar flares and the Earth's magnetosphere (very lucidly explained), but soon found myself leafing through it just to look at the beautiful pictures (133 including 61 in color).

Dr. Lang starts out by describing the Sun as a cosmic laboratory--a site to test physical theories under conditions not readily attainable on Earth. He proceeds painlessly, i.e. without too much math or nuclear physics, to describe the inner Sun, "an unseen world of perpetual change and cosmic violence." Along with more standard illustrations, he also includes paintings by Turner and Monet. His chapters on the violent, visible solar phenomena such as CME (coronal mass ejections) are among the most interesting in the book.

And who would have guessed that we haven't yet solved the puzzle of the Sun's million-degree corona, even though its temperature has been known since the late nineteenth century.

As Dr. Lang approaches Earth he drills down into such topics as our planet's magnetosphere, our atmosphere and its vanishing ozone, and the effect that an 'inconstant sun' has on our well-being--indeed, on our very survival as a species.

I highly recommend "Sun, Earth and Sky" to anyone who is interested in a thorough grounding in solar astronomy.

For completely up-to-date information on our Sun, check out the sohowww.nascom.nasa.gov. There are some great pictures courtesy of the Solar and Heliospheric Observatory (SOHO). You can even download a SOHO real-time solar images screen saver as part of your Sun-Earth Day celebration.

Average customer rating:

Sun, Earth and Sky.

ProductGroup: Book
Binding: Hardcover
ASIN: B000IBVKZ0

Books:

Books Index

Books Home

Recommended Books