Revolutionizing Credit Risk Management: Pricing, Scoring, and Modeling for Success
The article "Credit Risk Management: Pricing, Measurement, and Modeling" discusses different aspects of managing credit risk. It covers topics like rating and scoring systems, portfolio credit risk, and credit derivatives. The researchers explore how to price, measure, and model credit risk to make informed decisions. The main findings include the importance of using rating systems to assess creditworthiness, understanding the risks associated with a portfolio of loans, and utilizing credit derivatives to manage risk.