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Credit Scoring and Its Applications is recognized as the bible of credit scoring. It contains a comprehensive review of the objectives, methods, and practical implementation of credit and behavioral scoring. The authors review principles of the statistical and operations research methods used in building scorecards, as well as the advantages and disadvantages of each approach. The book contains a description of practical problems encountered in building, using, and monitoring scorecards and examines some of the country-specific issues in bankruptcy, equal opportunities, and privacy legislation. It contains a discussion of economic theories of consumers' use of credit, and readers will gain a...
Credit scoring is one of the most successful applications of statistical and management science techniques in finance in the last forty years. This unique collection of recent papers, with comments by experts in the field, provides excellent coverage of recent developments, advances and sims in credit scoring. Aimed at statisticians, economists, operational researchers and mathematicians working in both industry and academia, and to all working on credit scoring and data mining, it is an invaluable source of reference.
Featuring international contributors from both industry and academia, Numerical Methods for Finance explores new and relevant numerical methods for the solution of practical problems in finance. It is one of the few books entirely devoted to numerical methods as applied to the financial field. Presenting state-of-the-art methods in this area
Neuromorphic and brain-based robotics have enormous potential for furthering our understanding of the brain. By embodying models of the brain on robotic platforms, researchers can investigate the roots of biological intelligence and work towards the development of truly intelligent machines. This book provides a broad introduction to this groundbreaking area for researchers from a wide range of fields, from engineering to neuroscience. Case studies explore how robots are being used in current research, including a whisker system that allows a robot to sense its environment and neurally inspired navigation systems that show impressive mapping results. Looking to the future, several chapters consider the development of cognitive, or even conscious robots that display the adaptability and intelligence of biological organisms. Finally, the ethical implications of intelligent robots are explored, from morality and Asimov's three laws to the question of whether robots have rights.
One of the nation's leading neuroscientists presents a radically new view of the function of the brain and the nervous system. Its central idea is that the nervous system in each individual operates as a selective system resembling natural selection in evolution, but operating by different mechanisms. This far-ranging theory of brain functions is bound to stimulate renewed discussion of such philosophical issues as the mind-body problem, the origins of knowledge and the perceptual bases of language. Notes and Index.
Interesting real-world mathematical modelling problems are complex and can usually be studied at different scales. The scale at which the investigation is carried out is one of the factors that determines the type of mathematics most appropriate to describe the problem. The book concentrates on two modelling paradigms: the macroscopic, in which phenomena are described in terms of time evolution via ordinary differential equations; and the microscopic, which requires knowledge of random events and probability. The exposition is based on this unorthodox combination of deterministic and probabilistic methodologies, and emphasizes the development of computational skills to construct predictive models. To elucidate the concepts, a wealth of examples, self-study problems, and portions of MATLAB code used by the authors are included. This book, which has been extensively tested by the authors for classroom use, is intended for students in mathematics and the physical sciences at the advanced undergraduate level and above.
The last five years have been extremely challenging, but also very innovative for cephalopod science, and the outstanding tradition of biological contribution with cephalopod molluscs as key players in science and human activities and interests has continued. This Research Topic is one of several dedicated to cephalopod molluscs (e.g., Hanke and Osorio, 2018; Ponte et al., 2018) hosted by Frontiers over the last few years, not to mention other papers published separately. Highlighting of cephalopod science is important because it has much to offer not only the life science community, but also more broadly the public perception of science and its understanding and relationship with scientific...
This book is about creation stories in dialogue, not only between different religious views, but also between current day scientific perspectives. International specialists, like Alan Culpepper, David Christian, John Haught, Randall Zachman, Ellen van Wolde from various disciplines are reflecting on the interface between science and religion relating questions of creation and origin. This multi-disciplinary discussion by some of the leading exponents in this field makes the book unique, not only in its depth of discussion, but also in it wide ranging interdisciplinary discussion. The point of departure of all the contributions is the prestige lecture by Alan Culpepper where he argues for bringing Biblical material into discussion with modern scientific insights relating to creation and origin.