Pricing Portfolio Credit Derivatives by Means of Evolutionary Algorithms

Svenja Hager

Springer Fachmedien Wiesbaden, 2008

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Collateralized Debt Obligations (CDOs) are the most prominent example of portfol- related credit derivatives. The standard market model is the Gaussian copula model, which uses only one parameter to summarize the correlations of default times in the underlying credit portfolio.

ISBN-13
9783834909152
ISBN-10
3834909157
Publisher
Springer Fachmedien Wiesbaden
Year
2008
Publication date
2008-03-26
Pages
160
Dimensions
148x210x8
Weight
272