Global Sensitivity Analysis

Decision making using sensitivity analysis, decision tree, utility theory, Bayesian statistics, Monte Carlo simulation.

This volume aims are to discuss the newest topics, theories, and research methods in the fields of Science, Intelligent Systems, Biomedicine, and Theories of Culture, to promote debates among top researchers and graduate students and to generate collaborative works among them.

The book draws on current research on model risk and parameter sensitivity of securitisation ratings. It provides practical ideas and tools that can facilitate a more informed usage of securitisation ratings. We show how global sensitivity analysis techniques can be used to better analyse and to enhance the understanding of the uncertainties inherent in ratings due to uncertainty in the input parameters. The text introduces a novel global rating approach that takes the uncertainty in the ratings into account when assigning ratings to securitisation products. The book also covers new prepayment and default models that overcome flaws in current models.​

Learn schematic drawings, simulation of electronics prototypes and electronics designs, and designing motherboards.