Following the framework in Oliva et al. 1987, GEMCAT II implements a flexible method to test catastrophe models containing multivariate (i.e., latent) variables while allowing for a priori variable specifications. The system uses an efficient hybrid minimization algorithm combining the Downhill...

Considering correlations between entries of credit portfolio is an important objective when estimating credit risk. This paper aims to construct a multivariate model of credit losses examining a portfolio composed of loans to a set of kinds of business. The paper also introduces the method of...

The current study contributes to the already substantial scholarly literature on telecommuting by estimating a joint model of three dimensions—option, choice and frequency of telecommuting. In doing so, we focus on workers who are not self-employed workers and who have a primary work place...

The collapse of former communist regime in Central and Eastern Europe opened the transition period from centrally planned to market oriented economies. Thus, the exploration of economic systems in the special situation of transition has become an interesting research topic. The exposition plan...

В статье рассмотрены проблемы взаимовлияния социальных и экономических факторов на жизненный цикл инновационного проекта, определены основания возникновения...

Целью статьи является совершенствование методологии исследования финансовых результатов путем внедрения в отечественную практику применения современного...

Twenty years ago, in my third thesis (Degos, 1991), I mentioned the problem of the formation of the opinion of the statutory auditor, and I used the catastrophe theory of René Thom. I persisted in this way with a working paper (1995) and a book [Degos, (1996), pp.171-183]. I regret not being...

This paper uses a response surface based on catastrophe theory to examine the interaction of information and profitability estimates on the firm's adoption of a new technology or innovation. As such, the paper builds on the conceptual ideas behind McCardle's (1985) work. An illustrative example...

Drought is one of the major disasters around the world which cause great social and economic hardship. Recent events of severe droughts have motivated comprehensive research on drought management in China like many other countries of Asia, Europe and Africa. In this paper, the mechanism of...