This paper proposes a novel cooperative particle swarm PSO (particle swarm optimization)algorithm, which makes the use of the property of the fuzzy migratory operator to achieve the optimization performance. To avoid the drawback of the possibility of being trapped in local optimum, the proposed...

In many real world applications, decisions are usually made by collecting and judging information from multiple different data sources. Let us take the stock market as an example. We never make our decision based on just one single piece of advice, but always rely on a collection of information,...

In order to dynamize the static Gaussian copula model of portfolio credit risk, we introduce a model filtration made of a reference Brownian filtration progressively enlarged by the default times. This yields a multidimensional density model of default times, where, as opposed to the classical...