Historically standard regression has been used to assess performance in marketing, especially of salespeople and retail outlets. A model of performance is estimated using ordinary least squares, the residuals are computed, and the decision-making units, say store managers, ranked in the order of...

In the wake of Global Finance Crisis (GFC), the world economy felt an immediate adjustment of the risk - the risk premia on interbank borrowing and corporate bonds increased. Amid crisis, the emerging market economies were thought to be cloistered from the immediate contagion. But, lower export...