Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio. This ratio predicts that the credit spread will be ...

This paper is concerned with the statistical analysis of situations where the experimental units are clusters of subjects, each of whom is classified with respect to the presence of a particular ...

This is a preview. Log in through your library . Abstract In this paper we offer a mathematical definition for the probability of causation that formalizes the legal and ordinary-language meaning of ...