What can be learned about marketing phenomena from descriptive, structural, and experimental empirical models? Is structure implicit in a descriptive empirical model? What is a "reduced-form model?" What is a natural experiment, and what can one infer from a study that uses experimental data?...

This paper presents a new approach to develop the probability of default for private firms. This work provides a global perspective regarding the credit risk prediction, starting from the work of the Basel Committee on Banking Supervision, with a deep study of the more predictive variables for...

Many marketing problems require accurately predicting the outcome of a process or the future state of a system. In this paper, we investigate the ability of the support vector machine to predict outcomes in emerging environments in marketing, such as automated modeling, mass-produced models,...

The Basel Committee on Banking Supervision has released, in the last few years, recommendations for the correct determination of the risks to which a banking organization is subject. This concerns, in particular, operational risks, which are all those management events that may determine...