Even if the correct modeling of default dependence is essential for the valuation of portfolio credit derivatives, for the pricing of synthetic CDOs a one-factor Gaussian copula model with constant and equalpairwise correlationsfor all assets in the reference portfolio has become the standard...

In this marketing-oriented era where manufacturers maximize profits through customer satisfaction, there is an increasing need to design a product line rather than a single product. By offering a product line, the manufacturer can customize his or her products to the needs of a variety of...

Wind turbine design procedures usually involve the adoption of the blade element – momentum theory. Nevertheless, its use is limited by the lack of extended database regarding the aerodynamic coefficients for most used airfoils. In the present work, an extended database generation procedure...

This paper presents an interactive fuzzy satisfying method, which is based on Hybrid Modified Shuffled Frog Leaping Algorithm, and should solve the problem of the Multi-objective optimal placement and sizing of DG (distributed generation) units in the distribution network. Minimizing total...