Researchers at VTT Technical Research Centre of Finland have developed a new and more accurate method for estimating the probability of extreme events, such as storms, floods and earthquakes. The new ...

Handling practical data as a single distribution presents inherent challenges and is deemed inappropriate. To overcome this limitation, a promising solution emerges: modeling the probability ...

The safety operation and maintenance of mega-structures in China are increasingly challenged by rare but high-impact structural failures. To address the difficulty in accurately estimating the ...

Pramote Cholayudth, [email protected], is the founder and manager of PM Consult. He is an industrial pharmacist with more than 40 years of experience. He is a guest speaker on process validation to ...

In this paper, we propose Vasicek-type models for estimating portfolio-level probability of default (PD). With these Vasicek models, asset correlation and long-run PD (LRPD) for a risk-homogeneous ...

Pramote Cholayudth is an industrial pharmacist with more than 40 years of experiences. He is a guest speaker on Process Validation to industrial pharmaceutical scientists organized by Thailand’s FDA.